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.

Investment analysts gave a few price targets for CVGW. The most optimistic analyst gave a price target of 85, implying potential capital gains of 15.88 percent. The minimum price target given was 76, which equates to a potential downside of 3.61 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -1.32 percent. The average change in earnings estimates over the last 90 days is 2.51 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.61 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 4.4 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 1 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 1 analysts decreased their estimates.

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. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of CVGW is 3.24.

CVGW has traded between a high of 76.85 and a low of 48.75 over the past year. Currently the stock is 50.46 percent higher than its low, and below the high by 4.55 percent. CVGW has a price/earnings 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 market cap of CVGW is $1.29 billion. CVGW will post this quarters earnings in days, on 0000-00-00.