Market experts has given a mean price target of $72.00 to Calavo Growers, Inc. (NASDAQ:CVGW) stock. The target price is the mean of all calls released by analysts in First Call poll. They have EPS estimate of $0.46 for the near-term quarter and $2.11 for this year.
The technical assessment of Calavo Growers, Inc. pinpoints that the 50-day moving average of Calavo Growers, Inc. (NASDAQ:CVGW) stock is $62.97, and is trading $7.61 points away or +12.09% from 50-day moving average of $62.97. It is trading $10.44 or +17.36% off 200-day MA of $60.14.
The 52-week high of Calavo Growers, Inc. (NASDAQ:CVGW) was $71.48 while $43.08 is the low point in the same period. Calavo Growers, Inc. share price has to rise more than $-0.90 to register a high for 52-weeks or drop +63.83% to make 52-week low. MA should be referred to as moving average.
Without understanding when a stock is over-valued, or too richly priced, a shareholder may miss out on a chance to cash-in on a profit and investment. Worse, a shareholder might close up their position when a price has no direction.
Calavo Growers, Inc. (NASDAQ:CVGW) P/E ratio is 36.55 while PEG ratio is at 4.68. By overlooking a firm’s price-to-earnings ratio, a shareholder could miss out to discover the true value of stocks and end up investing in the wrong stocks. A P/E ratio is a computation of how much investors are wanting to pay for a purchasing an equity relative to the firm’s earnings. It is valuable when comparing the equity price of one firm to another trading in the same industry. The P/E ratio is discovered by dividing market value of stock by average earnings per share in a specified period of time, for instance, the past year.
Calavo Growers, Inc. stock recorded a close of $70.58 in last trading session, which brings it market cap to $1.23B.
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