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.

Several price targets were given for CVGW by the analysts covering the stock. The most optimistic price target was 85, which equates to a potential upside of 15.88 percent. The most pessimistic price target 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.32 percent. That number becomes 2.51 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -0.61 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 4.4 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 1 analysts made negative revisions. 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. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. CVGW has a PEG ratio of 3.24.

In the trailing 52-weeks, CVGW hit 76.85 at the highest peak, while it's lowest trading point was 48.75. The current market price is above the trailing year's low by 50.46 percent, and 4.55 percent lower than its 52-week high. 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 stock has a market capitalization of $1.29 billion. CVGW's next earnings release will be on 0000-00-00, which is days away.