Mission Produce, Inc. engages in sourcing, producing, packaging, and distributing avocados in the United States and internationally. The company operates through two segments, Marketing and Distribution, and International Farming.
Mission Produce stock last closed at $12.83, up 1.58% from the previous day, and has decreased 5.66% in one year. It has overperformed other stocks in the Farm Products industry by 0.2 percentage points. Mission Produce stock is currently +30.78% from its 52-week low of $9.81, and -24.35% from its 52-week high of $16.96.
At the moment, there are 70.73M shares of AVO outstanding. The market cap of AVO is $907.51M. In the last 24 hours, 160,784 AVO shares were traded.
How to Buy Mission Produce Stock
Not sure how to invest in Mission Produce stock? Here's how.
Decide where to buy Mission Produce stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you determine where to buy Mission Produce stock.
Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
Deposit money your investment account: Choose your method of payment and add your info.
Evaluate Mission Produce stock: The Mission Produce ticker symbol is AVO. Is Mission Produce stock a good investment? Should you buy shares of AVO? How do AVO's underlying business fundamentals look? Do top analysts think Mission Produce is a good buy? Why has AVO's stock price moved recently? (Hint: Our stock research website can help you decide if AVO is a good stock to buy).
Place your AVO buy order: Decide if you will purchase AVO shares at the current market price or use a limit order to purchase AVO shares at a particular price.
Get notifications regarding your investment in AVO: Create a watchlist to important updates regarding your new investment in Mission Produce stock.
Step 1: Decide where to buy Mission Produce stock
You need a brokerage account to access the NASDAQ market and buy AVO shares.
A brokerage account allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.
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Step 2: Open your brokerage account
Now that you've chosen the best brokerage, the next step is to fill out some personal details so you can buy AVO stock today.
Once you have decided on the best place to buy Mission Produce stock, it's critical to evaluate their stock prior to buying, so you actually wrap your head around the risk and upside.
Overview of key AVO info
AVO Price
$12.83
1w %
5.68%
1y %
-5.66%
5y %
N/A
P/E
-30.55x
P/B
1.84x
P/S
0.87x
PEG
N/A
Revenue
$1.04B
Earnings
-$33.60M
Fore. Rev. Growth
1.43%
Fore. Earn. Growth
N/A
Market Cap
$907.51M
Next Earnings
Jun 8, 2023
Next Dividend
N/A
Mission Produce Due Diligence Checks
WallStreetZen was designed to help everyday investors perform better fundamental analysis.
You can view all of the due diligence checks on AVO's stock page.
Is AVO stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge AVO's intrinsic value.
Using relative valuations metrics:
AVO may be overvalued based on its P/B ratio of 1.84x, relative to Farm Products industry P/B ratio of 1.28x
There are more short-term assets than short-term liabilities on the AVO balance sheet.
AVO's operating cash flow of $75.30M allows it to safely service it's debt of $243.60M.
Failed Financial Due Diligence Checks:
AVO profit margin has gone down from 3.1% to -3.2% in the past year.
AVO has a relatively high debt to equity ratio of 0.78.
There are more long-term liabilities than short-term assets on the AVO balance sheet.
AVO earnings of -$22.10M is not sufficient to cover its interest payments.
Is it a good time to buy Mission Produce stock, according to analysts?
Out of 1 Wall Street analysts who track AVO, the consensus analyst rating on Mission Produce is a Strong Buy
It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.
Most Recent AVO Analyst Ratings
Ben Bienvenu, a top 44% analyst from Stephens & Co. maintains AVO with a strong buy rating and lowers their AVO price target from $20.00 to $15.00, on Dec 23, 2022.
Last year, AVO revenue was $1.04B. In the last two year, AVO's revenue has grown by 11.55% per year. This was slower than the Farm Products industry average of 12.86%.
No, Mission Produce doesn't provide an income stream by paying out dividends.
What do other investors have to say about AVO?
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Place your AVO buy order
There are two main order types:
Market order: A market order is an order to buy or sell a stock at the best price on the market. Market orders are usually fine for most investors.
Limit order: A limit order allows you to buy or sell a security at a specific price (or better). If you want to be certain you're buying or selling at a given dollar amount, use a limit order.
Press the Open Trade button and eToro will place your order.
If you need more help with buying stocks on eToro, watch the helpful video below:
How much does it cost to buy one Mission Produce share?
As of Jun 6, 2023, it costs $12.83 to buy one share of Mission Produce stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $6, you can buy 0.468 shares of AVO.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.