Calavo Growers MACD Death Cross, KDJ Death Cross, Bearish Marubozu 15min Chart Alert

Calavo Growers's 15-minute chart has triggered a MACD Death Cross, KDJ Death Cross, and a Bearish Marubozu at 13:15 on September 23, 2022. This suggests that the stock price has the potential to continue declining, with a shift in momentum towards the downside and a likelihood of further decreases. The sellers currently control the market, and it is probable that bearish momentum will persist.

Mission Produce, Inc. (AVO), a prominent player in the fresh produce industry, has demonstrated resilience and strategic prowess in navigating a complex environment marked by softer overall demand. The company's fiscal third quarter results showcase its ability to deliver record revenues of $357.7 million, up 10% year over year, driven by higher avocado volumes and disciplined pricing despite global oversupply pressures. This performance underscores the strength of AVO's vertically integrated model, which leverages global sourcing and farming assets to maintain consistency Can Mission Produce Outperform Amid Soft Produce Demand?^[1].

A key factor contributing to AVO's outperformance is its flexibility in sourcing regions, particularly Peru and Mexico. With stronger yields in Peru and normalized supply in Mexico, the company optimized its sourcing mix to maintain both volume and margins. Additionally, AVO has expanded its international presence, with European sales jumping 37% year over year and Asia opening new channels, positioning it to capture global consumption growth in avocados and emerging produce categories Can Mission Produce Outperform Amid Soft Produce Demand?^[1].

Looking ahead, AVO faces challenges with lower pricing expected in the fourth quarter, down as much as 20-25% year over year as supply increases. However, the company's investments in operational enhancements, packhouse upgrades in Mexico, and diversification into mangoes and blueberries suggest it is well-positioned to balance margin pressure with volume gains. A strong balance sheet and moderating capital spending also provide flexibility for growth and shareholder value creation Can Mission Produce Outperform Amid Soft Produce Demand?^[1].

Despite soft produce demand, AVO's global reach, vertical integration, and category diversification could allow it to sustain momentum and outperform competitors. However, it faces stiff competition from Calavo Growers, Inc. (CVGW) and Fresh Del Monte Produce Inc. (FDP), each leveraging unique strategic strengths to maintain market presence and drive growth Can Mission Produce Outperform Amid Soft Produce Demand?^[1].

Shares of Mission Produce have gained 27.7% in the last six months compared to the industry's growth of 12%. From a valuation standpoint, AVO trades at a forward price-to-earnings ratio of 25.07X, significantly above the industry's average of 14.67X. The Zacks Consensus Estimate for AVO’s fiscal 2025 and 2026 earnings suggests a year-over-year decline of 9.5% and 28.4%, respectively .