Analyst Ratings for Calavo Growers Inc. (CVGW)Updated: 2017-07-27
Analysts covering Calavo Growers Inc. (NASDAQ:CVGW) have given it a consensus rating of Buy. Last month, CVGW received an average rating of Buy.
A buy rating was issued by 4 analysts, 0 gave an overweight rating, 0 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Many analysts weighed in on price targets for CVGW. The most optimistic price target was 85, implying a possible profit of 15.88 percent. The most pessimistic analyst gave a price target of 76, implying a possible loss of 3.61 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates downwards for this quarter, by about -1.32 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 2.51 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.61 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 4.4 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 1 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 1 analysts that revised their FY estimates downwards.
CVGW has an estimated earnings growth rate of 9.85 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of CVGW is 3.24.
In the trailing 52-weeks, CVGW hit 76.85 at the highest peak, while it's lowest trading point was 48.75. Today's price is 50.46 percent above the 52-week low, and 4.55 percent below the high. CVGW has a P/E ratio of 31.89. Investors typically compare the P/E ratio to a company's peers in the industry. The CVGW value stock report compares CVGW to some of its peers using value stock charts. The stock has a market capitalization of $1.29 billion. CVGW's next earnings release will be on 0000-00-00, which is days away.