Professional
Added to YB: 2025-08-04
Pitch date: 2025-07-31
CVGW [bullish]
Calavo Growers, Inc.
+2.51%
current return
Author Info
Special Situation Investments focuses on event-driven trades and low risk arbitrage opportunities with short term catalysts. Sign up for the newsletter.
Company Info
Calavo Growers, Inc. engages in the sourcing, packing, and distribution of fresh avocados, tomatoes, and papayas, as well as the processing of guacamole and other avocado products for retail grocers, club and mass-merchandise stores, foodservice operators, and wholesalers worldwide.
Market Cap
$466.0M
Pitch Price
$25.86
Price Target
32.00 (+21%)
Dividend
3.07%
EV/EBITDA
13.73
P/E
23.50
EV/Sales
0.66
Sector
Food Products
Category
special_situation
Interesting Early Merger Arb Setup Developing at $CVGW — 20%+ Upside Potential
CVGW: Largest US avocado distributor; founder returned 2023 after mgmt missteps. Recent improvements: sold RFG biz, reduced debt, refocused core ops. $32/share buyout offer under review (+21% upside vs <10% downside). CEO bought $7M stock at $24-30 range; $64K salary but options vesting at $50-70 suggests higher valuation possible.
Read full article (2 min)