rts logo

Dole plc (DOLE) – Don’t Be So Quick to Call it Dead

Dole plc (NYSE: DOLE) is 29.29% higher on its value in year-to-date trading and has touched a low of $10.55 and a high of $16.30 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DOLE stock was last observed hovering at around $15.57 in the last trading session, with the day’s gains setting it 0.32%.

Currently trading at $15.89, the stock is 0.78% and 9.21% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.89 million and changing 2.06% at the moment leaves the stock 26.56% off its SMA200. DOLE registered 39.02% gain for a year compared to 6-month gain of 34.43%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The stock witnessed a 9.21% loss in the last 1 month and extending the period to 3 months gives it a 30.67%, and is -2.16% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.97% over the week and 1.98% over the month.

Dole plc (DOLE) has around 34078 employees, a market worth around $1.51B and $8.36B in sales. Current P/E ratio is 7.08 and Fwd P/E is 10.76. Profit margin for the company is 2.56%. Distance from 52-week low is 50.62% and -2.49% from its 52-week high. The company has generated returns on investments over the last 12 months (8.51%).

The EPS is expected to grow by 0.70% this year

The shares outstanding are 94.93M, and float is at 61.44M with Short Float at 2.66%.

The top institutional shareholder in the company is PALE FIRE CAPITAL SE with over 8.2 million shares valued at $100.33 million. The investor’s holdings represent 8.635 of the DOLE Shares outstanding. As of 2024-06-30, the second largest holder is RUBRIC CAPITAL MANAGEMENT LP with 5.14 million shares valued at $62.93 million to account for 5.416 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 4.32 million shares representing 4.5524 and valued at over $52.9 million, while IMPAX ASSET MANAGEMENT GROUP PLC holds 2.0661 of the shares totaling 1.96 million with a market value of $24.01 million.

Related Posts