Mission Produce (NASDAQ:AVO – Get Free Report) is one of 328 publicly-traded companies in the “Food Products” industry, but how does it contrast to its competitors? We will compare Mission Produce to similar companies based on the strength of its risk, analyst recommendations, dividends, earnings, valuation, institutional ownership and profitability.
Profitability
This table compares Mission Produce and its competitors’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Mission Produce | 0.12% | 5.91% | 3.41% |
| Mission Produce Competitors | -13.38% | -127.80% | -2.58% |
Analyst Recommendations
This is a breakdown of recent recommendations and price targets for Mission Produce and its competitors, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Mission Produce | 1 | 1 | 4 | 1 | 2.71 |
| Mission Produce Competitors | 2448 | 8297 | 8374 | 403 | 2.34 |
Mission Produce currently has a consensus price target of $16.00, indicating a potential upside of 37.10%. As a group, “Food Products” companies have a potential upside of 17.80%. Given Mission Produce’s stronger consensus rating and higher possible upside, equities analysts clearly believe Mission Produce is more favorable than its competitors.
Valuation & Earnings
This table compares Mission Produce and its competitors top-line revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Mission Produce | $1.34 billion | $37.70 million | 389.00 |
| Mission Produce Competitors | $7.05 billion | $705.45 million | -2,412.87 |
Mission Produce’s competitors have higher revenue and earnings than Mission Produce. Mission Produce is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
Risk and Volatility
Mission Produce has a beta of 0.45, indicating that its share price is 55% less volatile than the S&P 500. Comparatively, Mission Produce’s competitors have a beta of -3.84, indicating that their average share price is 484% less volatile than the S&P 500.
Institutional & Insider Ownership
63.6% of Mission Produce shares are owned by institutional investors. Comparatively, 39.0% of shares of all “Food Products” companies are owned by institutional investors. 30.8% of Mission Produce shares are owned by company insiders. Comparatively, 18.8% of shares of all “Food Products” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Summary
Mission Produce beats its competitors on 11 of the 13 factors compared.
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. It also provides ripening, bagging, custom packing, logistical management, and quality assurance services. In addition, the company offers merchandising and promotional support, and insights on market trends, and training services. Mission Produce, Inc. was founded in 1983 and is headquartered in Oxnard, California.
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