Streetbeat News

MHGVY

Mowi ASA

https://mowi.com/

CEO

Ivan Vindheim

Industry

Fish and Seafood Markets

Open

17.09

Mkt cap

8.9B

Volume

528

High

17.25

P/E Ratio

19.83

52-wk high

19.80

Low

17.09

Div yield

0.03

52-wk low

15.89

The article compares the performance of Marine Harvest ASA (MHGVY) and US Foods (USFD) against their consumer staples sector peers for the year.

Portfolio Pulse from

December 12, 2024 | 4:00 pm

Mowi ASA (MHGVY) held its Q3 2024 earnings call, discussing technological advancements in flow-based salmon farming.

Portfolio Pulse from

November 09, 2024 | 7:00 am

Mowi ASA's Q3 2024 results align with guidance, showing margin contraction due to higher supply, but the company remains resilient with strong operational and net margins. The salmon industry is in a low-margin cycle, with Mowi expecting supply growth to slow and long-term industry production to expand at a 2% CAGR. Valuing Mowi on a cycle-average basis, it offers a 7% earnings yield plus 4% growth from production expansion, totaling an 11% return.

Portfolio Pulse from

November 07, 2024 | 7:00 pm

Mowi reported Q2 earnings of $0.32 per share, missing the $0.42 estimate, and sales of $1.44 billion, below the $1.62 billion estimate. Both figures represent declines from the previous year.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 7:14 am

Mowi (OTC:MHGVY) reported Q1 earnings of $0.23 per share, missing the $0.25 estimate, a 34.29% decrease from last year. Sales were $1.45B, beating the $1.27B estimate but slightly down from last year's $1.46B.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 8:52 am

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