Calavo Growers Inc (NASDAQ: CVGW) has reported a loss for its first fiscal quarter (ending January 31) of $-0.15 versus a loss $-0.04 for the same period a year ago. This result fell short of the consensus estimate of $0.25 by $-0.40. E.P.S. were $-0.46 for the latest four quarters through January 31 versus $-0.17 for the same period a year ago.
Recent Price Action
Calavo Growers Inc (NASDAQ: CVGW) stock declined by -2.0% on 3/11/24. The shares closed at $28.70. Moreover, trading volume in this decline was exceptionally high at 227% of normal. The stock has been weak relative to the market over the last nine months and has declined -0.7% during the last week.
Current PriceTarget Research Rating
CVGW’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Calavo Growers has a current Value Trend Rating of F (Lowest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Calavo Growers has a slightly negative Power Rating of 30 and a poor Appreciation Score of 16, triggering the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
Be the first to comment