In a recent bid Fresh Del Monte Produce Inc. [FDP] faced a contemporary bid of $24.09 yielding a 4.69% incline where 0.57 million shares have exchanged hands over the last week. FDP amount got a boost by 1.52% or $0.36 versus $23.73 at the end of the prior session. This change led market cap to move at 1.11B, putting the price 18.96% below the 52-week high and -35.71% above the 52-week low. The company’s stock has a normal trading capacity of 0.57 million shares while the relative volume is 4.01.

On 28, October 2020, Fresh Del Monte Produce, Inc. to Host Earnings Call. According to news published on Yahoo Finance, NEW YORK, NY / ACCESSWIRE / October 28, 2020/ Fresh Del Monte Produce, Inc. (NYSE: FDP) will be discussing their earnings results in their 2020 Third Quarter Earnings call to be held on October 28, 2020 at 10:00 AM Eastern Time.

Analyst Birdseye View:

The most recent analyst activity for Fresh Del Monte Produce Inc. [NYSE:FDP] stock was on August 03, 2016, when it was Reiterated with a Buy rating from Wunderlich, which also raised its 12-month price target on the stock from $60 to $70. Before that, on November 02, 2016, Wunderlich Recapitulated a Buy rating and elevated its amount target to $74. On May 12, 2016, Sidoti Initiated a Neutral rating. On May 11, 2016, Wunderlich Reiterated a Buy rating and increased its price target from $50 to $60. On May 04, 2016, Wunderlich Reiterated a Buy rating and increased its price target to $50. On January 05, 2016, Wunderlich Initiated a Buy rating and boosted its amount on this stock to $45. On January 31, 2013, BB&T Capital Mkts Downgrade a Hold rating.

In the past 52 weeks of trading, this stock has oscillated between a low of $20.25 and a peak of $37.47. At the most recent market close, shares of Fresh Del Monte Produce Inc. [NYSE:FDP] were valued at $24.09.

FUNDAMENTAL ANALYSIS

Fresh Del Monte Produce Inc. [NYSE:FDP] most recently reported quarterly sales of 993.0 million, which represented growth of -7.50%. This publicly-traded organization’s revenue is $117,918 per employee, while its income is $1,750 per employee. This company’s Gross Margin is currently 6.20%, its Operating Margin is 1.60%, its Pretax Margin is +2.02, and its Net Margin is +1.48. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 2.01, 3.90, 3.85 and 2.79 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 29.58 and the whole liability to whole assets at 21.56. It shows enduring liability to the whole principal at 28.24 and enduring liability to assets at 0.21 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 23.46 points at 1st support level, the second support level is making up to 22.83. But as of 1st resistance point, this stock is sitting at 24.51 and at 24.93 for 2nd resistance point.

Fresh Del Monte Produce Inc. [FDP] reported its earnings at $0.35 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.34/share signifying the difference of 0.01 and 2.90% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.54 calling estimates for $0.44/share with the difference of 0.1 depicting the surprise of 22.70%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Fresh Del Monte Produce Inc. [NYSE:FDP] is 1.80. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.06. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.38, it’s amount to book ratio is 0.98 and showing 50.72 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by ABU-GHAZALEH MOHAMMAD, Chairman and CEO, and it was the sale of 927.0 shares on Sep 18. ABU-GHAZALEH MOHAMMAD, the Chairman and CEO, completed a sale of 1000.0 shares on Sep 17. On Sep 16, ABU-GHAZALEH MOHAMMAD, Chairman and CEO, completed a sale of 2200.0 shares.