The stock of Dole plc (DOLE) has seen a 2.49% increase in the past week, with a 0.25% gain in the past month, and a 3.28% flourish in the past quarter. The volatility ratio for the week is 1.49%, and the volatility levels for the past 30 days are at 1.58% for DOLE. The simple moving average for the past 20 days is 1.77% for DOLE’s stock, with a 0.85% simple moving average for the past 200 days.
Is It Worth Investing in Dole plc (NYSE: DOLE) Right Now?
Dole plc (NYSE: DOLE) has a price-to-earnings ratio that is above its average at 7.80x. The stock has a 36-month beta value of 0.87. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for DOLE is 61.47M, and at present, short sellers hold a 2.53% of that float. On April 19, 2024, the average trading volume of DOLE was 427.09K shares.
DOLE) stock’s latest price update
The stock of Dole plc (NYSE: DOLE) has increased by 0.67 when compared to last closing price of 11.88.Despite this, the company has seen a gain of 2.49% in its stock price over the last five trading days. Proactive Investors reported 2024-03-21 that Compass Group PLC (LSE:CPG) is “likely” to lift its financial outlook when it reports results, according to Citigroup. The US investment bank thinks this will “drive improved sentiment” in the catering giant’s shares following the numbers in mid-May.
DOLE Trading at 3.74% from the 50-Day Moving Average
After a stumble in the market that brought DOLE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.60% of loss for the given period.
Volatility was left at 1.58%, however, over the last 30 days, the volatility rate increased by 1.49%, as shares sank -0.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.64% upper at present.
During the last 5 trading sessions, DOLE rose by +3.34%, which changed the moving average for the period of 200-days by -8.36% in comparison to the 20-day moving average, which settled at $11.75. In addition, Dole plc saw -2.69% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for DOLE
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 0.08 for the gross margin
The net margin for Dole plc stands at 0.02. The total capital return value is set at 0.08. Equity return is now at value 12.10, with 3.09 for asset returns.
Based on Dole plc (DOLE), the company’s capital structure generated 0.48 points at debt to capital in total, while cash flow to debt ratio is standing at 0.26. The debt to equity ratio resting at 0.91. The interest coverage ratio of the stock is 3.27.
Currently, EBITDA for the company is 330.2 million with net debt to EBITDA at 3.42. When we switch over and look at the enterprise to sales, we see a ratio of 0.28. The receivables turnover for the company is 10.78for trailing twelve months and the total asset turnover is 1.7. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.12.
Conclusion
To sum up, Dole plc (DOLE) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
