The stock price of Dole plc (NYSE: DOLE) has surged by 1.14 when compared to previous closing price of 16.74, but the company has seen a 8.73% gain in its stock price over the last five trading sessions. zacks.com reported 2024-09-18 that Investors interested in Agriculture – Operations stocks are likely familiar with Dole (DOLE) and Limoneira (LMNR). But which of these two companies is the best option for those looking for undervalued stocks?
Is It Worth Investing in Dole plc (NYSE: DOLE) Right Now?
The price-to-earnings ratio for Dole plc (NYSE: DOLE) is above average at 7.54x, Company’s 36-month beta value is 0.85.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 1 as “sell.”
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The public float for DOLE is 61.44M, and currently, short sellers hold a 2.66% ratio of that floaft. The average trading volume of DOLE on September 19, 2024 was 768.55K shares.
DOLE’s Market Performance
DOLE’s stock has seen a 8.73% increase for the week, with a 8.32% rise in the past month and a 41.44% gain in the past quarter. The volatility ratio for the week is 2.12%, and the volatility levels for the past 30 days are at 1.68% for Dole plc The simple moving average for the last 20 days is 5.91% for DOLE stock, with a simple moving average of 33.82% for the last 200 days.
DOLE Trading at 13.81% 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 able to rebound, for now settling with 0.09% of gains for the given period.
Volatility was left at 1.68%, however, over the last 30 days, the volatility rate increased by 2.12%, as shares surge +8.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +37.87% upper at present.
During the last 5 trading sessions, DOLE rose by +8.73%, which changed the moving average for the period of 200-days by +47.09% in comparison to the 20-day moving average, which settled at $16.05. In addition, Dole plc saw 37.75% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for DOLE
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.09 for the gross margin
The net margin for Dole plc stands at 0.03. The total capital return value is set at 0.11. Equity return is now at value 14.56, with 4.15 for asset returns.
Based on Dole plc (DOLE), the company’s capital structure generated 0.43 points at debt to capital in total, while cash flow to debt ratio is standing at 0.23. The debt to equity ratio resting at 0.76. The interest coverage ratio of the stock is 4.03.
Currently, EBITDA for the company is 330.2 million with net debt to EBITDA at 3.05. When we switch over and look at the enterprise to sales, we see a ratio of 0.32. The receivables turnover for the company is 10.87for trailing twelve months and the total asset turnover is 1.88. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.26.
Conclusion
In a nutshell, Dole plc (DOLE) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
