Professional
Added to YB: 2025-11-20
Pitch date: 2025-09-30
CVGW [neutral]
Calavo Growers, Inc.
+4.01%
current return
Author Info
No bio for this author
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
$25.49
Price Target
N/A
Dividend
3.07%
EV/EBITDA
13.73
P/E
23.50
EV/Sales
0.66
Sector
Food Products
Category
turnaround
Heartland Value Fund Portfolio Holding: Calavo Growers, Inc.
CVGW (holding update): CEO returned from retirement, aligned w/ equity grants vesting above current price. Exiting low-margin business, focusing on prepared guac (10% sales, 2x gross margin, +40% YOY growth). Plans to double guac biz in 2yrs. $32/share unsolicited buyout offer July. Downside protected by $3.50/share net cash + $3/share potential Mexican tax resolution.
Read full article (1 min)