Mission ProduceAVO
About: Mission Produce Inc is engaged in the business of producing and distributing avocados, serving retail, wholesale, and food service customers. Also, the company provides additional services like ripening, bagging, custom packing, and logistical management. The company's operating segments include Marketing and Distribution and International Farming and Blueberries. It generates maximum revenue from the Marketing and Distribution segment. The Marketing and Distribution segment sources fruit mainly from growers and then distributes fruit through a distribution network.
Employees: 3,300
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
78% more call options, than puts
Call options by funds: $3.66M | Put options by funds: $2.05M
44% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 18
25% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 32
8% more funds holding
Funds holding: 104 [Q1] → 112 (+8) [Q2]
1.07% less ownership
Funds ownership: 28.65% [Q1] → 27.58% (-1.07%) [Q2]
27% less capital invested
Capital invested by funds: $264M [Q1] → $193M (-$70.8M) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Roth MKM Gerry Sweeney 33% 1-year accuracy 5 / 15 met price target | 34%upside $16 | Buy Maintained | 11 Sept 2024 |
Lake Street Ben Klieve 43% 1-year accuracy 3 / 7 met price target | 26%upside $15 | Buy Maintained | 10 Sept 2024 |
Financial journalist opinion
Based on 3 articles about AVO published over the past 30 days
