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NYSE:FDP

Fresh Del Monte Produce (FDP) Stock Price, News & Analysis

Fresh Del Monte Produce logo
$33.78 +0.33 (+0.99%)
(As of 11/15/2024 ET)

About Fresh Del Monte Produce Stock (NYSE:FDP)

Key Stats

Today's Range
$33.50
$33.92
50-Day Range
$28.08
$34.51
52-Week Range
$21.23
$35.27
Volume
389,286 shs
Average Volume
266,195 shs
Market Capitalization
$1.62 billion
P/E Ratio
102.37
Dividend Yield
2.96%
Price Target
N/A
Consensus Rating
N/A

Company Overview

Fresh Del Monte Produce Inc., through its subsidiaries, produces, markets, and distributes fresh and fresh-cut fruits and vegetables in North America, Central America, South America, Europe, the Middle East, Africa, Asia, and internationally. It operates through three segments: Fresh and Value-Added Products, Banana, and Other Products and Services. The company offers pineapples, fresh-cut fruit, fresh-cut vegetables, melons, and vegetables; non-tropical fruits, such as grapes, apples, citrus, blueberries, strawberries, pears, peaches, plums, nectarines, cherries, and kiwis; other fruit and vegetables, and avocados; and prepared fruit and vegetables, juices, other beverages, and meals and snacks. It also engages in the sale of poultry and meat products; and third-party freight services business. The company offers its products under the Del Monte brand, as well as under other brands, such as UTC, Rosy, Just Juice, Fruitini, Pinkglow, Del Monte Zero, Honeyglow, Rubyglow, Honey Miniglow, Bananinis, Mann, Mann's Logo, Arcadian Harvest, Nourish Bowls, Broccolini, Caulilini, Better Burger Leaf, Romaleaf, and other regional brands. It markets and distributes its products to retail stores, club stores, convenience stores, wholesalers, distributors, and foodservice operators. Fresh Del Monte Produce Inc. was founded in 1886 and is based in George Town, Cayman Islands.

Fresh Del Monte Produce Stock Analysis - MarketRank™

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70th Percentile Overall Score

FDP MarketRank™: 

Fresh Del Monte Produce scored higher than 70% of companies evaluated by MarketBeat, and ranked 70th out of 143 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Fresh Del Monte Produce.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Fresh Del Monte Produce is 102.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.87.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Fresh Del Monte Produce is 102.37, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 19.52.

  • Price to Book Value per Share Ratio

    Fresh Del Monte Produce has a P/B Ratio of 0.81. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Fresh Del Monte Produce's valuation and earnings.
  • Percentage of Shares Shorted

    1.03% of the float of Fresh Del Monte Produce has been sold short.
  • Short Interest Ratio / Days to Cover

    Fresh Del Monte Produce has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Fresh Del Monte Produce has recently increased by 10.99%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Fresh Del Monte Produce pays a meaningful dividend of 2.96%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Fresh Del Monte Produce does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Fresh Del Monte Produce is 303.04%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about Fresh Del Monte Produce's dividend.
  • Percentage of Shares Shorted

    1.03% of the float of Fresh Del Monte Produce has been sold short.
  • Short Interest Ratio / Days to Cover

    Fresh Del Monte Produce has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Fresh Del Monte Produce has recently increased by 10.99%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Fresh Del Monte Produce has a news sentiment score of 0.58. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Staples companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for Fresh Del Monte Produce this week, compared to 3 articles on an average week.
  • Search Interest

    Only 2 people have searched for FDP on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Fresh Del Monte Produce insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $164,930.00 in company stock.

  • Percentage Held by Insiders

    30.10% of the stock of Fresh Del Monte Produce is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    64.83% of the stock of Fresh Del Monte Produce is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Fresh Del Monte Produce's insider trading history.
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FDP Stock News Headlines

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Fresh Del Monte reports Q3 EPS 88c vs. 17c last year
See More Headlines

FDP Stock Analysis - Frequently Asked Questions

Fresh Del Monte Produce's stock was trading at $26.25 at the beginning of 2024. Since then, FDP stock has increased by 28.7% and is now trading at $33.78.
View the best growth stocks for 2024 here
.

Fresh Del Monte Produce Inc. (NYSE:FDP) announced its quarterly earnings results on Thursday, October, 31st. The company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.30. Fresh Del Monte Produce's quarterly revenue was up 1.6% on a year-over-year basis.

Top institutional investors of Fresh Del Monte Produce include State Street Corp (2.73%), Charles Schwab Investment Management Inc. (2.21%), Geode Capital Management LLC (1.61%) and Invenomic Capital Management LP (0.66%). Insiders that own company stock include Mohammad Abu-Ghazaleh, Ghazaleh Amir Abu, Mohammed Abbas, Mary Ann Cloyd, Michael J Berthelot, Gianpaolo Renino, Monica Vicente, Tarek Ahmad Betti, Marissa R Tenazas, Ziad Nabulsi, Alexandre Apparecido, Sergio Mancilla, Effie D Silva, Helmuth Lutty, Hans Sauter, Marlene Gordon, Youssef Zakharia, Jesus Rodriguez Calvo, Charles Jr Beard and Reyes Jorge Pelaez.
View institutional ownership trends
.

Shares of FDP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Fresh Del Monte Produce investors own include JPMorgan Chase & Co. (JPM), Meta Platforms (META), Netflix (NFLX), NVIDIA (NVDA), Home Depot (HD), Tesla (TSLA) and Advanced Micro Devices (AMD).

Company Calendar

Ex-Dividend for 9/6 Dividend
8/15/2024
Dividend Payable
9/06/2024
Last Earnings
10/31/2024
Ex-Dividend for 12/6 Dividend
11/14/2024
Today
11/17/2024
Dividend Payable
12/06/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/24/2025

Industry, Sector and Symbol

Industry
Agricultural production - crops
Sub-Industry
Agricultural Products
CUSIP
G3673810
Employees
38,887
Year Founded
1886

Profitability

Net Income
$-11,400,000.00
Pretax Margin
0.78%

Debt

Sales & Book Value

Annual Sales
$4.32 billion
Cash Flow
$3.89 per share
Book Value
$41.88 per share

Miscellaneous

Free Float
33,511,000
Market Cap
$1.62 billion
Optionable
Optionable
Beta
0.41

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This page (NYSE:FDP) was last updated on 11/17/2024 by MarketBeat.com Staff
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