Mission Produce Stock Analysis

AVO Stock  USD 10.26  0.18  1.72%   
Mission Produce is undervalued with Real Value of 13.21 and Target Price of 15.5. The main objective of Mission Produce stock analysis is to determine its intrinsic value, which is an estimate of what Mission Produce is worth, separate from its market price. There are two main types of Mission Produce's stock analysis: fundamental analysis and technical analysis.
The Mission Produce stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Mission Produce is usually not traded on Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day. Mission Stock trading window is adjusted to America/New York timezone.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Mission Produce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
To learn how to invest in Mission Stock, please use our How to Invest in Mission Produce guide.

Mission Stock Analysis Notes

About 39.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.59. Some equities with similar Price to Book (P/B) outperform the market in the long run. Mission Produce had not issued any dividends in recent years. Mission Produce, Inc. engages in sourcing, producing, packaging, and distributing avocados in the United States and internationally. The company was founded in 1983 and is headquartered in Oxnard, California. Mission Produce operates under Food Distribution classification in the United States and is traded on NASDAQ Exchange. It employs 2800 people. For more info on Mission Produce please contact Stephen Barnard at 805 981 3650 or go to https://missionproduce.com.

Mission Produce Quarterly Total Revenue

297.6 Million

Mission Produce Investment Alerts

Mission Produce generated a negative expected return over the last 90 days
The company reported the last year's revenue of 953.9 M. Reported Net Loss for the year was (3.1 M) with profit before taxes, overhead, and interest of 89.8 M.
Mission Produce has a strong financial position based on the latest SEC filings
About 39.0% of the company shares are held by company insiders
Latest headline from investorplace.com: AVO Stock Earnings Mission Produce Beats EPS, Beats Revenue for Q2 2024

Mission Produce Upcoming and Recent Events

Earnings reports are used by Mission Produce to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period..
14th of March 2024
Upcoming Quarterly Report
View
13th of June 2024
Next Financial Report
View
31st of January 2024
Next Fiscal Quarter End
View
19th of December 2024
Next Fiscal Year End
View
31st of October 2023
Last Quarter Report
View
31st of October 2023
Last Financial Announcement
View

Mission Largest EPS Surprises

Earnings surprises can significantly impact Mission Produce's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2023-12-21
2023-10-310.10.110.0110 
2023-06-08
2023-04-30-0.010.010.02200 
2022-06-08
2022-04-300.010.040.03300 
View All Earnings Estimates

Mission Produce Environmental, Social, and Governance (ESG) Scores

Mission Produce's ESG score is a quantitative measure that evaluates Mission Produce's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Mission Produce's operations that may have significant financial implications and affect Mission Produce's stock price as well as guide investors towards more socially responsible investments.

Mission Produce Thematic Classifications

In addition to having Mission Produce stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Agriculture Idea
Agriculture
USA Equities from Agriculture industry as classified by Fama & French

Mission Stock Institutional Investors

Shares
Goldman Sachs Group Inc2024-03-31
283.1 K
Raymond James & Associates2024-03-31
272.4 K
Cutler Investment Counsel, Llc2024-03-31
212.8 K
Morgan Stanley - Brokerage Accounts2024-03-31
203.8 K
Nuveen Asset Management, Llc2024-03-31
170.4 K
Bank Of New York Mellon Corp2024-03-31
157.4 K
Walnut Level Capital Llc2024-03-31
115 K
Sg Capital Management, Llc2024-03-31
112.1 K
Amvescap Plc.2024-03-31
97.5 K
Mariner Value Strategies, Llc2024-03-31
M
Blackrock Inc2024-03-31
3.5 M
Note, although Mission Produce's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Mission Market Capitalization

The company currently falls under 'Small-Cap' category with a total capitalization of 727.53 M.

Mission Profitablity

The company has Net Profit Margin of 0.02 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.04 %, which entails that for every 100 dollars of revenue, it generated $0.04 of operating income.
Last ReportedProjected for Next Year
Return On Capital Employed 0.01  0.01 
Return On Equity(0.01)(0.01)

Management Efficiency

Mission Produce has Return on Asset of 0.0254 % which means that on every $100 spent on assets, it made $0.0254 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0403 %, implying that it generated $0.0403 on every 100 dollars invested. Mission Produce's management efficiency ratios could be used to measure how well Mission Produce manages its routine affairs as well as how well it operates its assets and liabilities. As of the 18th of June 2024, Return On Tangible Assets is likely to grow to -0.0035. In addition to that, Return On Capital Employed is likely to drop to 0.01. At this time, Mission Produce's Intangibles To Total Assets are very stable compared to the past year. As of the 18th of June 2024, Fixed Asset Turnover is likely to grow to 2.40, while Total Assets are likely to drop about 872 M.
Last ReportedProjected for Next Year
Book Value Per Share 6.41  5.12 
Tangible Book Value Per Share 6.21  4.47 
Enterprise Value Over EBITDA 18.12  15.04 
Price Book Value Ratio 1.52  2.53 
Enterprise Value Multiple 18.12  15.04 
Price Fair Value 1.52  2.53 
Enterprise ValueB1.3 B
The analysis of Mission Produce's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Mission Produce's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Mission Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Operating Margin
0.0413
Profit Margin
0.0164
Beta
0.516
Return On Assets
0.0254
Return On Equity
0.0403

Technical Drivers

As of the 18th of June 2024, Mission Produce secures the Standard Deviation of 1.9, mean deviation of 1.22, and Risk Adjusted Performance of 5.0E-4. Mission Produce technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices.

Mission Produce Price Movement Analysis

Execute Study
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Mission Produce middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Mission Produce. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Mission Produce Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Mission Produce insiders, such as employees or executives, is commonly permitted as long as it does not rely on Mission Produce's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Mission Produce insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Gonzalez Luis A over a month ago
Disposition of 8217 shares by Gonzalez Luis A of Mission Produce at 12.14 subject to Rule 16b-3
 
Gonzalez Luis A over a month ago
Disposition of 15687 shares by Gonzalez Luis A of Mission Produce at 12.0 subject to Rule 16b-3
 
Gonzalez Luis A over a month ago
Disposition of 35429 shares by Gonzalez Luis A of Mission Produce at 11.42 subject to Rule 16b-3
 
Gonzalez Luis A over a month ago
Disposition of 35429 shares by Gonzalez Luis A of Mission Produce at 11.42 subject to Rule 16b-3
 
Gonzalez Luis A over a month ago
Disposition of 34617 shares by Gonzalez Luis A of Mission Produce at 11.37 subject to Rule 16b-3
 
Gonzalez Luis A over two months ago
Disposition of 61893 shares by Gonzalez Luis A of Mission Produce at 11.5 subject to Rule 16b-3
 
Gonzalez Luis A over two months ago
Disposition of 30438 shares by Gonzalez Luis A of Mission Produce at 11.49 subject to Rule 16b-3
 
Sarsam Tony B over two months ago
Acquisition by Sarsam Tony B of 8475 shares of Mission Produce subject to Rule 16b-3
 
Gonzalez Luis A over two months ago
Disposition of 43893 shares by Gonzalez Luis A of Mission Produce at 12.05 subject to Rule 16b-3
 
Sarsam Tony B over two months ago
Acquisition by Sarsam Tony B of 8475 shares of Mission Produce subject to Rule 16b-3
 
John Pawlowski over two months ago
Acquisition by John Pawlowski of 42956 shares of Mission Produce subject to Rule 16b-3
 
Gonzalez Luis A over two months ago
Disposition of 6869 shares by Gonzalez Luis A of Mission Produce at 12.01 subject to Rule 16b-3

Mission Produce Predictive Daily Indicators

Mission Produce intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Mission Produce stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Mission Produce Corporate Filings

8K
7th of June 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
10Q
6th of June 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
F4
16th of May 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
13th of May 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
24th of April 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
19th of April 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
15th of April 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
12th of April 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

Mission Produce Forecast Models

Mission Produce's time-series forecasting models are one of many Mission Produce's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Mission Produce's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Mission Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Mission Produce prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Mission shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Mission Produce. By using and applying Mission Stock analysis, traders can create a robust methodology for identifying Mission entry and exit points for their positions.
Last ReportedProjected for Next Year
Operating Profit Margin 0.01  0.01 
Gross Profit Margin 0.10  0.13 

Current Mission Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Mission analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Mission analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
15.5Strong Buy2Odds
Mission Produce current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Mission analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Mission stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Mission Produce, talking to its executives and customers, or listening to Mission conference calls.
Mission Analyst Advice Details

Mission Stock Analysis Indicators

Mission Produce stock analysis indicators help investors evaluate how Mission Produce stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Mission Produce shares will generate the highest return on investment. By understating and applying Mission Produce stock analysis, traders can identify Mission Produce position entry and exit signals to maximize returns.
Begin Period Cash Flow53.9 M
Long Term Debt151.1 M
Common Stock Shares Outstanding70.8 M
Total Stockholder Equity503.6 M
Tax Provision2.2 M
Quarterly Earnings Growth Y O Y-0.654
Property Plant And Equipment Net595.6 M
Cash And Short Term Investments42.9 M
Cash42.9 M
Accounts Payable53.6 M
Net Debt209.8 M
50 Day M A11.6871
Total Current Liabilities97.5 M
Other Operating Expenses947 M
Non Current Assets Total694.7 M
Forward Price Earnings29.8507
Non Currrent Assets Other19.7 M
Stock Based Compensation4.5 M

Additional Information and Resources on Investing in Mission Stock

When determining whether Mission Produce offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mission Produce's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mission Produce Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mission Produce Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Mission Produce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
To learn how to invest in Mission Stock, please use our How to Invest in Mission Produce guide.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Consumer Staples Distribution & Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mission Produce. If investors know Mission will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mission Produce listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.65)
Earnings Share
0.25
Revenue Per Share
15.193
Quarterly Revenue Growth
0.346
Return On Assets
0.0254
The market value of Mission Produce is measured differently than its book value, which is the value of Mission that is recorded on the company's balance sheet. Investors also form their own opinion of Mission Produce's value that differs from its market value or its book value, called intrinsic value, which is Mission Produce's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mission Produce's market value can be influenced by many factors that don't directly affect Mission Produce's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mission Produce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mission Produce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mission Produce's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.