Analysts Issue Forecasts for Mission Produce FY2025 Earnings

Mission Produce, Inc. (NASDAQ:AVO) – Roth Capital upped their FY2025 earnings estimates for Mission Produce in a research report issued to clients and investors on Tuesday, September 9th. Roth Capital analyst G. Sweeney now expects that the company will post earnings of $0.59 per share for the year, up from their prior estimate of $0.51. Roth Capital currently has a “Buy” rating and a $17.00 target price on the stock. The consensus estimate for Mission Produce’s current full-year earnings is $0.34 per share. Roth Capital also issued estimates for Mission Produce’s Q4 2025 earnings at $0.17 EPS and FY2026 earnings at $0.40 EPS.

Separately, Zacks Research cut shares of Mission Produce from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 26th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Mission Produce currently has a consensus rating of “Moderate Buy” and a consensus price target of $17.00.

Mission Produce Stock Performance

Shares of NASDAQ:AVO opened at $12.19 on Thursday. The company’s 50 day simple moving average is $12.33 and its 200 day simple moving average is $11.37. The stock has a market capitalization of $860.86 million, a price-to-earnings ratio of 22.57 and a beta of 0.57. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.04 and a quick ratio of 1.23. Mission Produce has a 1 year low of $9.56 and a 1 year high of $15.25.

Hedge Funds Weigh In On Mission Produce

Several institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. raised its holdings in shares of Mission Produce by 3.0% during the first quarter. Vanguard Group Inc. now owns 2,920,349 shares of the company’s stock valued at $30,605,000 after purchasing an additional 85,984 shares during the period. Geode Capital Management LLC raised its holdings in shares of Mission Produce by 11.7% during the second quarter. Geode Capital Management LLC now owns 1,183,208 shares of the company’s stock valued at $13,869,000 after purchasing an additional 123,678 shares during the period. American Century Companies Inc. raised its holdings in shares of Mission Produce by 28.6% during the second quarter. American Century Companies Inc. now owns 861,139 shares of the company’s stock valued at $10,093,000 after purchasing an additional 191,405 shares during the period. Millennium Management LLC raised its holdings in shares of Mission Produce by 153.3% during the fourth quarter. Millennium Management LLC now owns 453,757 shares of the company’s stock valued at $6,520,000 after purchasing an additional 274,591 shares during the period. Finally, Northern Trust Corp raised its holdings in shares of Mission Produce by 12.0% during the fourth quarter. Northern Trust Corp now owns 435,305 shares of the company’s stock valued at $6,255,000 after purchasing an additional 46,748 shares during the period. Institutional investors and hedge funds own 63.57% of the company’s stock.

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.