Contrasting Mission Produce (AVO) and Its Competitors

Mission Produce (NASDAQ:AVO) is one of 328 public companies in the “Food Products” industry, but how does it compare to its peers? We will compare Mission Produce to related companies based on the strength of its institutional ownership, valuation, dividends, analyst recommendations, profitability, earnings and risk.

Volatility and Risk

Mission Produce has a beta of 0.45, indicating that its share price is 55% less volatile than the S&P 500. Comparatively, Mission Produce’s peers have a beta of -3.84, indicating that their average share price is 484% less volatile than the S&P 500.

Earnings & Valuation

This table compares Mission Produce and its peers revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Mission Produce	$1.34 billion	$37.70 million	389.00
Mission Produce Competitors	$7.05 billion	$705.45 million	-2,412.87

Mission Produce’s peers have higher revenue and earnings than Mission Produce. Mission Produce is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Analyst Ratings

This is a summary of current ratings and target prices for Mission Produce and its peers, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Mission Produce	1	1	4	1	2.71
Mission Produce Competitors	2448	8297	8374	403	2.34

Mission Produce currently has a consensus target price of $16.00, suggesting a potential upside of 37.10%. As a group, “Food Products” companies have a potential upside of 17.80%. Given Mission Produce’s stronger consensus rating and higher possible upside, research analysts clearly believe Mission Produce is more favorable than its peers.

Institutional & Insider Ownership

63.6% of Mission Produce shares are owned by institutional investors. Comparatively, 39.0% of shares of all “Food Products” companies are owned by institutional investors. 30.8% of Mission Produce shares are owned by company insiders. Comparatively, 18.8% of shares of all “Food Products” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Profitability

This table compares Mission Produce and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Mission Produce	0.12%	5.91%	3.41%
Mission Produce Competitors	-13.38%	-127.80%	-2.58%

Summary

Mission Produce beats its peers on 11 of the 13 factors compared.

Mission Produce Company Profile

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.