Professional
Added to YB: 2025-08-04
Pitch date: 2025-07-31
CVGW [bullish]
Calavo Growers, Inc.
-17.85%
current return
Author Info
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Company Info
Calavo Growers, Inc. markets and distributes avocados, prepared avocados, and other perishable foods to retail grocery, foodservice, club stores, mass merchandisers, food distributors, and wholesale customers worldwide.
Market Cap
$368.7M
Pitch Price
$26.10
Price Target
32.00 (+49%)
Dividend
3.87%
EV/EBITDA
8.82
P/E
27.51
EV/Sales
0.48
Sector
Food Products
Category
special_situation
Interesting Early Merger Arb Setup Developing at $CVGW — 20%+ Upside Potential
CVGW: Largest US avocado distributor; founder returned 2023 after mgmt missteps. Recent improvements: sold RFG biz, reduced debt, refocused core ops. $32/share buyout offer under review (+21% upside vs <10% downside). CEO bought $7M stock at $24-30 range; $64K salary but options vesting at $50-70 suggests higher valuation possible.
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