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AVO
Stock ticker: NASDAQ
AS OF
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Price
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Capitalization
627.93M

AVO Mission Produce Forecast, Technical & Fundamental Analysis

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for AVO with price predictions
07:00 PM EST Dec 04, 2023

AVO's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for AVO turned positive on December 04, 2023. Looking at past instances where AVO's MACD turned positive, the stock continued to rise in of 22 cases over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 37 cases where AVO's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on December 04, 2023. You may want to consider a long position or call options on AVO as a result. In of 62 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AVO advanced for three days, in of 185 cases, the price rose further within the following month. The odds of a continued upward trend are .

AVO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

AVO moved below its 50-day moving average on November 15, 2023 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where AVO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for AVO entered a downward trend on December 05, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.200) is normal, around the industry mean (115.304). P/E Ratio (42.918) is within average values for comparable stocks, (36.276). AVO's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.549). AVO has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.041). P/S Ratio (0.641) is also within normal values, averaging (4.179).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. AVO’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. AVO’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 71, placing this stock worse than average.

A.I.Advisor
published Highlights

Industry description

Food distributors function as intermediaries between food manufacturers and food service operators (such as chefs, restaurants, beverage managers, cafeterias, industrial caterers, hospitals and nursing homes). Food distribution companies buy, store and then supply food items to the food service operators, thereby allowing the latter to have access to a wide range of food items from various manufacturers. Sysco Corporation, US Foods Holding Corp. and Herbalife Nutrition Ltd. are some of the biggest (by market cap) U.S. companies in this segment. Most food service operators buy from local, specialty, and/or broad line food service distributors on a daily or weekly basis. With the rise in e-commerce, consumers are increasingly expecting lower prices, faster service, and higher quality – something that potentially creates the impetus on distribution networks to raise their game.

Market Cap

The average market capitalization across the Food Distributors Industry is 4.88B. The market cap for tickers in the group ranges from 21.55K to 36.26B. SYY holds the highest valuation in this group at 36.26B. The lowest valued company is LFER at 21.55K.

High and low price notable news

The average weekly price growth across all stocks in the Food Distributors Industry was 2%. For the same Industry, the average monthly price growth was 1%, and the average quarterly price growth was -3%. CVGW experienced the highest price growth at 18%, while MTEX experienced the biggest fall at -3%.

Volume

The average weekly volume growth across all stocks in the Food Distributors Industry was -54%. For the same stocks of the Industry, the average monthly volume growth was -55% and the average quarterly volume growth was -60%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 42
P/E Growth Rating: 58
Price Growth Rating: 59
SMR Rating: 72
Profit Risk Rating: 70
Seasonality Score: 18 (-100 ... +100)
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A.I. Advisor
published Earnings

AVO is expected to report earnings to fall 26.67% to 10 cents per share on December 21

Mission Produce AVO Stock Earnings Reports
Q4'23
Est.
$0.11
Q3'23
Missed
by $0.07
Q2'23
Beat
by $0.02
Q1'23
Missed
by $0.10
Q4'22
Missed
by $0.21
The last earnings report on September 11 showed earnings per share of 15 cents, missing the estimate of 21 cents. With 83.60K shares outstanding, the current market capitalization sits at 627.93M.
A.I. Advisor
published General Information

General Information

Industry FoodDistributors

Profile
Fundamentals
Details
Industry
N/A
Address
2710 Camino Del Sol
Phone
+1 805 981-3650
Employees
3900
Web
https://www.missionproduce.com
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AVO and

Correlation & Price change

A.I.dvisor tells us that AVO and CVGW have been poorly correlated (+28% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that AVO and CVGW's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To AVO
1D Price
Change %
AVO100%
+0.11%
CVGW - AVO
28%
Poorly correlated
+0.26%
USFD - AVO
22%
Poorly correlated
+0.64%
SYY - AVO
21%
Poorly correlated
+0.32%
CHEF - AVO
21%
Poorly correlated
-2.40%
SPTN - AVO
20%
Poorly correlated
+1.75%
More

Groups containing AVO

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To AVO
1D Price
Change %
AVO100%
+0.11%
Food Distributors
(undefined stocks)
28%
Poorly correlated
+0.07%
Distribution Services
(undefined stocks)
22%
Poorly correlated
-0.27%