Dole plc (NYSE: DOLE) is -5.98% lower on its value in year-to-date trading and has touched a low of $10.71 and a high of $17.12 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DOLE stock was last observed hovering at around $12.69 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $12.73, the stock is -7.71% and -14.30% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.41 million and changing 0.32% at the moment leaves the stock -9.63% off its SMA200. DOLE registered 1.60% gain for a year compared to 6-month gain of 3.24%. The firm has a 50-day simple moving average (SMA 50) of $14.9208 and a 200-day simple moving average (SMA200) of $14.08285.
The stock witnessed a -13.46% loss in the last 1 month and extending the period to 3 months gives it a -20.98%, and is -5.98% 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 2.86% over the week and 2.30% over the month.
Dole plc (DOLE) has around 34078 employees, a market worth around $1.21B and $8.38B in sales. Current P/E ratio is 6.70 and Fwd P/E is 8.95. Profit margin for the company is 2.16%. Distance from 52-week low is 18.86% and -25.64% from its 52-week high. The company has generated returns on investments over the last 12 months (7.16%).
The EPS is expected to shrink by -1.05% this year
The shares outstanding are 95.01M, and float is at 63.97M with Short Float at 1.77%.
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.
