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.

CVGW was given price targets by several analysts. The most optimistic price target was 85, which equates to a potential upside of 15.88 percent. The most pessimistic analyst gave a price target of 76, implying a possible loss 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 4.4 percent.

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, while 1 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 1 analysts made negative revisions to their fiscal year's estimates.

The growth rate of CVGW's earnings is estimated by analysts to be 9.85 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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. Today's price is 50.46 percent above the 52-week low, and below the high by 4.55 percent. 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 market cap of CVGW is $1.29 billion. CVGW will post this quarters earnings in days, on 0000-00-00.