DOLE Stock Overview
Dole plc engages in procuring, marketing, and distributing fresh produce, health foods, and consumer goods worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$12.67|
|52 Week High||US$17.66|
|52 Week Low||US$12.15|
|1 Month Change||-7.04%|
|3 Month Change||-14.28%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-12.62%|
Recent News & Updates
Dole Plc: There's Money In The Banana Stock
Dole has merged with Total Produce to form Dole plc, the largest global producer and distributor of fruits and vegetables. Beaten down since their NYSE IPO, I think Dole has been unfairly punished by the market. I believe Dole should trade at least above $20, with potential to move higher as combined earnings power offsets global supply chain and inflation concerns.
With Dole plc (NYSE:DOLE) It Looks Like You'll Get What You Pay For
Dole plc's ( NYSE:DOLE ) price-to-earnings (or "P/E") ratio of 21.1x might make it look like a sell right now compared...
Dole Stock: More Than 31% Upside Potential With More Investments In The Salads Market
Dole plc is a leader in the fresh fruits and vegetable market offering over 300 products and serving its clients in close to 80 countries. I will be assuming strong growth in several sub-categories, including Value Added Salads, avocados, and berries. In my view, if the management is smart, the company will growth. I am very optimistic about the company’s Kostministieriet initiative, which is intended to obtain insights into consumption motivators and inhibitors for choosing more fresh fruit and vegetables. I expect sales growth of 5.50%, capital expenditures of -$55 million, and FCF/Sales close to 1.5%. My WACC also stands at 7.5%. Notice that the market price is only $14-$17 per share. As soon as more traders learn about the company’s future FCF growth, I believe that the share price will trend north.
How Dole plc (NYSE:DOLE) Stacks up on Growth, Competition and a Possible Risk Factor
Dole plc (NYSE:DOLE), recently entered the market as a newly formed entity, the result of the combination of Dole Food Company and Total Produce. As analysts are beginning to cover the stock, we may expect more traction from institutions and retail in the future. Since this is the beginning of their operation as a publicly traded entity, we will go over their business and fundamentals.
|DOLE||US Food||US Market|
Return vs Industry: Insufficient data to determine how DOLE performed against the US Food industry.
Return vs Market: Insufficient data to determine how DOLE performed against the US Market.
|DOLE Average Weekly Movement||5.1%|
|Food Industry Average Movement||5.4%|
|Market Average Movement||6.3%|
|10% most volatile stocks in US Market||15.1%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: DOLE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: Insufficient data to determine DOLE's volatility change over the past year.
About the Company
Dole plc engages in procuring, marketing, and distributing fresh produce, health foods, and consumer goods worldwide. The company operates through Europe – Eurozone, Europe – Non-Eurozone, International, and Dole segments. It is involved in growing, sourcing, importing, packaging, marketing, and distributing various fresh fruits, vegetables, and flowers.
Dole Fundamentals Summary
|DOLE fundamental statistics|
Is DOLE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|DOLE income statement (TTM)|
|Cost of Revenue||US$4.68b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.26|
|Net Profit Margin||0.45%|
How did DOLE perform over the long term?See historical performance and comparison
2.5%Current Dividend Yield
Is Dole undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DOLE ($12.67) is trading below our estimate of fair value ($36.3)
Significantly Below Fair Value: DOLE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DOLE is poor value based on its PE Ratio (49.3x) compared to the US Food industry average (21.1x).
PE vs Market: DOLE is poor value based on its PE Ratio (49.3x) compared to the US market (17.2x).
Price to Earnings Growth Ratio
PEG Ratio: DOLE is poor value based on its PEG Ratio (3.4x)
Price to Book Ratio
PB vs Industry: DOLE is good value based on its PB Ratio (1.1x) compared to the US Food industry average (2.3x).
How is Dole forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DOLE's forecast earnings growth (14.4% per year) is above the savings rate (2%).
Earnings vs Market: DOLE's earnings (14.4% per year) are forecast to grow faster than the US market (13.9% per year).
High Growth Earnings: DOLE's earnings are forecast to grow, but not significantly.
Revenue vs Market: DOLE's revenue (6.4% per year) is forecast to grow slower than the US market (10% per year).
High Growth Revenue: DOLE's revenue (6.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DOLE's Return on Equity is forecast to be low in 3 years time (14.2%).
How has Dole performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DOLE has a large one-off loss of $35.2M impacting its September 30 2021 financial results.
Growing Profit Margin: DOLE's current net profit margins (0.4%) are lower than last year (1.1%).
Past Earnings Growth Analysis
Earnings Trend: DOLE's earnings have grown by 2.5% per year over the past 5 years.
Accelerating Growth: DOLE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DOLE had negative earnings growth (-52.7%) over the past year, making it difficult to compare to the Food industry average (20.4%).
Return on Equity
High ROE: DOLE's Return on Equity (3.7%) is considered low.
How is Dole's financial position?
Financial Position Analysis
Short Term Liabilities: DOLE's short term assets ($1.7B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: DOLE's short term assets ($1.7B) do not cover its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: DOLE's net debt to equity ratio (83%) is considered high.
Reducing Debt: DOLE's debt to equity ratio has increased from 58.6% to 101.7% over the past 5 years.
Debt Coverage: DOLE's debt is not well covered by operating cash flow (6%).
Interest Coverage: DOLE's interest payments on its debt are well covered by EBIT (3.1x coverage).
What is Dole current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DOLE's dividend (2.53%) is higher than the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: DOLE's dividend (2.53%) is low compared to the top 25% of dividend payers in the US market (3.55%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether DOLE's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if DOLE's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (202.6%), DOLE's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DOLE's dividends in 3 years are forecast to be well covered by earnings (17.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rory Byrne (59 yo)
Mr. Rory Patrick Byrne, B Comm, FCA, serves as Director at Dole PLC since February 2021 and its Chief Executive Officer since August 3, 2021. He was the Chief Executive Officer of Total Produce PLC since D...
CEO Compensation Analysis
Compensation vs Market: Rory's total compensation ($USD1.70M) is about average for companies of similar size in the US market ($USD2.31M).
Compensation vs Earnings: Rory's compensation has been consistent with company performance over the past year.
Experienced Management: DOLE's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.
Experienced Board: DOLE's board of directors are not considered experienced ( 0.4 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: DOLE only recently listed within the past 12 months.
Dole plc's employee growth, exchange listings and data sources
- Name: Dole plc
- Ticker: DOLE
- Exchange: NYSE
- Founded: 1850
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: US$1.180b
- Shares outstanding: 93.10m
- Website: https://www.doleplc.com
Number of Employees
- Dole plc
- 29 North Anne Street
- Dublin 7
- Co. Dublin
- D07 PH36
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/09 00:09|
|End of Day Share Price||2021/12/08 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.