Mission Produce (AVO) Expected to Announce Earnings on Monday

Mission Produce (NASDAQ:AVO) is projected to post its quarterly earnings results after the market closes on Monday, March 10th. Analysts expect Mission Produce to post earnings of $0.01 per share and revenue of $285.60 million for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Mission Produce Stock Performance

Shares of Mission Produce stock opened at $11.96 on Friday. The company has a quick ratio of 1.26, a current ratio of 1.87 and a debt-to-equity ratio of 0.23. Mission Produce has a twelve month low of $9.54 and a twelve month high of $15.25. The stock has a market cap of $850.02 million, a price-to-earnings ratio of 23.45 and a beta of 0.47. The company’s fifty day moving average is $12.33 and its 200 day moving average is $12.49.

Insider Buying and Selling

In related news, CFO Bryan E. Giles sold 15,000 shares of the business’s stock in a transaction on Monday, December 30th. The shares were sold at an average price of $14.40, for a total value of $216,000.00. Following the transaction, the chief financial officer now owns 122,137 shares in the company, valued at $1,758,772.80. The trade was a 10.94 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Stephen J. Barnard sold 7,032 shares of the business’s stock in a transaction on Monday, December 30th. The shares were sold at an average price of $14.51, for a total transaction of $102,034.32. Following the completion of the transaction, the chief executive officer now owns 1,787,450 shares in the company, valued at approximately $25,935,899.50. The trade was a 0.39 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 224,252 shares of company stock valued at $3,256,786 over the last 90 days. 35.41% of the stock is owned by insiders.

Mission Produce Company Profile

Mission Produce, Inc engages in the sourcing, farming, packaging, marketing, and distribution of avocados, mangoes, and blueberries to food retailers, distributors, and foodservice customers in the United States and internationally. The company operates through three segments, Marketing and Distribution; International Farming; and Blueberries.