Reviewing Mission Produce (AVO) & Its Competitors

Mission Produce (NASDAQ:AVO) is one of 38 publicly-traded companies in the “AGRI OPERATIONS” industry, but how does it weigh in compared to its competitors? We will compare Mission Produce to related companies based on the strength of its analyst recommendations, institutional ownership, dividends, risk, profitability, valuation and earnings.

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	2.63%	7.82%	4.56%
Mission Produce Competitors	-398.52%	-71.29%	-15.74%

Risk & Volatility

Mission Produce has a beta of 0.56, meaning that its share price is 44% less volatile than the S&P 500. Comparatively, Mission Produce’s competitors have a beta of 0.81, meaning that their average share price is 19% less volatile than the S&P 500.

Institutional and Insider Ownership

63.6% of Mission Produce shares are held by institutional investors. Comparatively, 41.7% of shares of all “AGRI OPERATIONS” companies are held by institutional investors. 35.4% of Mission Produce shares are held by company insiders. Comparatively, 12.4% of shares of all “AGRI OPERATIONS” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Earnings and Valuation

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	$1.23 billion	$36.70 million	25.12
Mission Produce Competitors	$5.33 billion	$126.40 million	7.93

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.

Analyst Recommendations

This is a summary of recent ratings and target prices for Mission Produce and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Mission Produce	0	0	2	0	3.00
Mission Produce Competitors	315	681	951	34	2.36

Mission Produce currently has a consensus target price of $15.50, indicating a potential upside of 23.41%. As a group, “AGRI OPERATIONS” companies have a potential upside of 27.30%. Given Mission Produce’s competitors higher possible upside, analysts clearly believe Mission Produce has less favorable growth aspects than its competitors.

Summary

Mission Produce beats its competitors on 8 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.