Jefferies (NYSE:JEF) analyst Robert Dickerson maintained a Hold rating on Calavo Growers (NASDAQ:CVGW) on Tuesday, setting a price target of $70, which is approximately 9.65% above the present share price of $63.84.
Dickerson expects Calavo Growers to post earnings per share (EPS) of $0.50 for the second quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in Calavo Growers, with an average price target of $76.67.
The analysts price targets range from a high of $85 to a low of $70.
In its latest earnings report, released on 04/30/2021, the company reported a quarterly revenue of $276.82 million and a net profit of $8.92 million. The company's market cap is $1.13 billion.
According to TipRanks.com, Jefferies analyst Robert Dickerson is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 11.0% and a 72.00% success rate.
Calavo Growers, Inc. engages in marketing and distribution of avocados, prepared avocados, and other perishable foods. It operates through the following segments: Fresh Products, Calavo Foods, and Renaissance Food Group. The Fresh Products segment grades, sizes, packs, cools, and ripens avocados for delivery to the customers. The Calavo Foods segment procures and processes avocados into wide variety of guacamole products; and distributes the processed products to the customers. The Renaissance Food Group segment produces, markets, and distributes nationally a portfolio of healthy fresh packaged food products for consumers via the retail channel. Calavo Growers was founded in 1924 and is headquartered in Santa Paula, CA.