Mission Produce (NASDAQ:AVO) Price Target Raised to $17.00

Mission Produce (NASDAQ:AVO) had its target price increased by Roth Capital from $16.00 to $17.00 in a report published on Tuesday morning, MarketBeat reports. Roth Capital currently has a buy rating on the stock. Roth Capital also issued estimates for Mission Produce’s Q4 2025 earnings at $0.17 EPS, FY2025 earnings at $0.59 EPS and FY2026 earnings at $0.40 EPS.

Separately, Zacks Research cut shares of Mission Produce from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 26th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $17.00.

Mission Produce Stock Up 3.8%

Shares of AVO opened at $12.19 on Tuesday. The stock has a market cap of $860.86 million, a price-to-earnings ratio of 22.57 and a beta of 0.57. The company has a quick ratio of 1.23, a current ratio of 2.04 and a debt-to-equity ratio of 0.25. Mission Produce has a 12 month low of $9.56 and a 12 month high of $15.25. The company has a 50-day moving average price of $12.33 and a two-hundred day moving average price of $11.37.

Institutional Trading of Mission Produce

Several hedge funds have recently modified their holdings of AVO. PNC Financial Services Group Inc. increased its holdings in shares of Mission Produce by 123.1% during the first quarter. PNC Financial Services Group Inc. now owns 2,950 shares of the company’s stock worth $31,000 after buying an additional 1,628 shares in the last quarter. Tower Research Capital LLC TRC increased its holdings in shares of Mission Produce by 211.8% during the second quarter. Tower Research Capital LLC TRC now owns 4,649 shares of the company’s stock worth $54,000 after buying an additional 3,158 shares in the last quarter. Ameriflex Group Inc. acquired a new stake in shares of Mission Produce during the fourth quarter worth approximately $57,000. State of Wyoming acquired a new stake in shares of Mission Produce during the fourth quarter worth approximately $63,000. Finally, Diversified Trust Co acquired a new stake in shares of Mission Produce during the first quarter worth approximately $137,000. Institutional investors and hedge funds own 63.57% of the company’s stock.

About Mission Produce

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.