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After finishing at $12.81 in the prior trading day, Mission Produce Inc (NASDAQ: AVO) closed at $12.48, down -2.58%. In other words, the price has decreased by -$2.58 from its previous closing price. On the day, 0.37 million shares were traded. AVO stock price reached its highest trading level at $12.7399 during the session, while it also had its lowest trading level at $12.45.
Ratios:
Our goal is to gain a better understanding of AVO by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.46. For the most recent quarter (mrq), Quick Ratio is recorded 1.26 and its Current Ratio is at 1.87. In the meantime, Its Debt-to-Equity ratio is 0.40 whereas as Long-Term Debt/Eq ratio is at 0.37.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Lake Street on May 17, 2024, initiated with a Buy rating and assigned the stock a target price of $15.
On April 07, 2022, Citigroup Upgraded its rating to Buy which previously was Neutral and also lowered its target price recommendation from $20 to $18.
Citigroup Downgraded its Buy to Neutral on March 23, 2021, whereas the target price for the stock was revised from $16 to $22.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 02 ’25 when Gonzalez Luis A sold 300 shares for $14.49 per share. The transaction valued at 4,347 led to the insider holds 7,175,319 shares of the business.
Taylor Family Investments, LLC sold 200,000 shares of AVO for $2,820,000 on Jan 03 ’25. The Director now owns 7,974,568 shares after completing the transaction at $14.10 per share. On Jan 02 ’25, another insider, Taylor Family Investments, LLC, who serves as the Director of the company, sold 110,000 shares for $14.15 each. As a result, the insider received 1,556,500 and left with 8,520,002 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AVO now has a Market Capitalization of 885016640 and an Enterprise Value of 1088618752. As of this moment, Mission’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.15, and their Forward P/E ratio for the next fiscal year is 29.02. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.72 while its Price-to-Book (P/B) ratio in mrq is 1.62. Its current Enterprise Value per Revenue stands at 0.956 whereas that against EBITDA is 14.011.
Stock Price History:
The Beta on a monthly basis for AVO is 0.52, which has changed by 0.25301206 over the last 52 weeks, in comparison to a change of 0.23806548 over the same period for the S&P500. Over the past 52 weeks, AVO has reached a high of $15.25, while it has fallen to a 52-week low of $9.54. The 50-Day Moving Average of the stock is -5.61%, while the 200-Day Moving Average is calculated to be 5.29%.
Shares Statistics:
The stock has traded on average 305.81K shares per day over the past 3-months and 459050 shares per day over the last 10 days, according to various share statistics. A total of 70.91M shares are outstanding, with a floating share count of 45.16M. Insiders hold about 36.31% of the company’s shares, while institutions hold 30.91% stake in the company. Shares short for AVO as of 1732838400 were 1374785 with a Short Ratio of 4.84, compared to 1730332800 on 1653695. Therefore, it implies a Short% of Shares Outstanding of 1374785 and a Short% of Float of 3.19.
Earnings Estimates
The current market rating for Mission Produce Inc (AVO) reflects the collective analysis of 2.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.08, with high estimates of $0.13 and low estimates of $0.02.
Analysts are recommending an EPS of between $0.57 and $0.42 for the fiscal current year, implying an average EPS of $0.5. EPS for the following year is $0.43, with 1.0 analysts recommending between $0.43 and $0.43.
Revenue Estimates
2 analysts predict $285.6M in revenue for the current quarter. It ranges from a high estimate of $290.2M to a low estimate of $281M. As of the current estimate, Mission Produce Inc’s year-ago sales were $258.7MFor the next quarter, 2 analysts are estimating revenue of $269.5M. There is a high estimate of $302M for the next quarter, whereas the lowest estimate is $237M.
A total of 2 analysts have provided revenue estimates for AVO’s current fiscal year. The highest revenue estimate was $1.16B, while the lowest revenue estimate was $1.06B, resulting in an average revenue estimate of $1.11B. In the same quarter a year ago, actual revenue was $1.23BBased on 1 analysts’ estimates, the company’s revenue will be $1.1B in the next fiscal year. The high estimate is $1.1B and the low estimate is $1.1B.
