Mission Produce (AVO) to Release Quarterly Earnings on Tuesday

Mission Produce (NASDAQ:AVOGet Free Report) is projected to release its Q3 2026 results after the market closes on Tuesday, September 8th. Analysts expect the company to announce earnings of $0.1150 per share and revenue of $367.5750 million for the quarter. Investors can check the company’s upcoming Q3 2026 earning summary page for the latest details on the call scheduled for Tuesday, September 8, 2026 at 5:00 PM ET.

Mission Produce Stock Performance

Shares of AVO opened at $12.68 on Monday. The firm has a market cap of $1.12 billion, a price-to-earnings ratio of 39.63 and a beta of 0.48. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.12 and a current ratio of 1.91. Mission Produce has a fifty-two week low of $10.07 and a fifty-two week high of $15.53. The firm has a 50 day moving average price of $12.88 and a 200-day moving average price of $12.93.

Mission Produce announced that its Board of Directors has initiated a share buyback plan on Monday, June 8th that allows the company to repurchase $100.00 million in shares. This repurchase authorization allows the company to reacquire up to 13.8% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

Analysts Set New Price Targets

A number of equities analysts recently commented on AVO shares. UBS Group set a $16.00 target price on shares of Mission Produce in a research report on Wednesday, June 10th. Weiss Ratings lowered shares of Mission Produce from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, June 9th. Finally, Wall Street Zen lowered Mission Produce from a “hold” rating to a “sell” rating in a research note on Saturday, June 13th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Mission Produce presently has an average rating of “Moderate Buy” and a consensus price target of $16.67.

Get Our Latest Research Report on AVO

Insider Transactions at Mission Produce

In other news, Director Jay A. Pack purchased 40,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 30th. The shares were bought at an average cost of $12.10 per share, for a total transaction of $484,000.00. Following the completion of the transaction, the director directly owned 579,965 shares of the company’s stock, valued at $7,017,576.50. This trade represents a 7.41% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, major shareholder Holdings Venture Globalharvest purchased 687,222 shares of Mission Produce stock in a transaction that occurred on Wednesday, July 8th. The stock was purchased at an average cost of $13.42 per share, for a total transaction of $9,222,519.24. Following the completion of the purchase, the insider owned 12,370,439 shares of the company’s stock, valued at $166,011,291.38. This trade represents a 5.88% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders bought 3,352,161 shares of company stock valued at $42,458,664. Corporate insiders own 30.85% of the company’s stock.

Hedge Funds Weigh In On Mission Produce

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quarry LP purchased a new stake in shares of Mission Produce in the 3rd quarter worth about $29,000. Tower Research Capital LLC TRC increased its stake in shares of Mission Produce by 211.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,649 shares of the company’s stock worth $54,000 after acquiring an additional 3,158 shares in the last quarter. Public Employees Retirement System of Ohio lifted its position in Mission Produce by 466.0% during the 4th quarter. Public Employees Retirement System of Ohio now owns 7,035 shares of the company’s stock valued at $82,000 after acquiring an additional 5,792 shares during the period. Virtus Advisers LLC purchased a new position in Mission Produce during the 3rd quarter valued at about $95,000. Finally, Brooklyn Investment Group boosted its stake in Mission Produce by 11,842.6% during the third quarter. Brooklyn Investment Group now owns 11,226 shares of the company’s stock worth $135,000 after acquiring an additional 11,132 shares in the last quarter. Hedge funds and other institutional investors own 63.57% of the company’s stock.

Mission Produce Company Profile

(Get Free Report)

Mission Produce, Inc is a leading global supplier, packer and distributor of fresh avocados, serving retail, foodservice and industrial customers. The company manages a vertically integrated supply chain that spans sourcing, post-harvest handling, packing and ripening. Through proprietary ripening technologies and cold-chain logistics, Mission Produce delivers consistent quality and extended shelf life for its avocado offerings.

Founded in 1983 and headquartered in Oxnard, California, Mission Produce grew from a regional packing operation into a publicly traded company listed on the Nasdaq under the ticker AVO.

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Earnings History for Mission Produce (NASDAQ:AVO)

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