Is Fresh Del Monte Produce Inc (FDP) Stock a Good Buy for Short-term Investors?

At the time of writing, Fresh Del Monte Produce Inc [FDP] stock is trading at $27.27, up 10.81%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The FDP shares have gain 11.95% over the last week, with a monthly amount glided 25.21%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Fresh Del Monte Produce Inc [NYSE: FDP] stock has seen the most recent analyst activity on November 02, 2016, when Wunderlich reiterated its Buy rating and also boosted its price target to $74 from $70. Previously, Wunderlich reaffirmed its Buy rating on August 03, 2016, and elevated its price target to $70. On May 12, 2016, Sidoti initiated with a Neutral rating. Wunderlich reiterated its Buy rating and increased its price target to $60 on May 11, 2016. Wunderlich reiterated its recommendation of a Buy and raised its price target to $50 on May 04, 2016. Wunderlich started tracking with a Buy rating for this stock on January 05, 2016, and assigned it a price target of $45. In a note dated January 31, 2013, BB&T Capital Mkts downgraded an Hold rating on this stock.

For the past year, the stock price of Fresh Del Monte Produce Inc fluctuated between $21.23 and $28.55. Fresh Del Monte Produce Inc [NYSE: FDP] shares were valued at $27.27 at the most recent close of the market.

Analyzing the FDP fundamentals

According to Fresh Del Monte Produce Inc [NYSE:FDP], the company’s sales were 4.26B for trailing twelve months, which represents an -3.48% plunge. Gross Profit Margin for this corporation currently stands at 0.08% with Operating Profit Margin at 0.0%, Pretax Profit Margin comes in at -0.0%, and Net Profit Margin reading is -0.0%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.01 and Total Capital is 0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.17.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 25.84 points at the first support level, and at 24.42 for the second support level. However, for the 1st resistance point, the stock is sitting at 28.17, and for the 2nd resistance point, it is at 29.08.

Ratios To Look Out For

It is important to note that Fresh Del Monte Produce Inc [NYSE:FDP] has a current ratio of 2.08. As well, the Quick Ratio is 1.07, while the Cash Ratio is 0.07. Considering the valuation of this stock, the price to sales ratio is 0.31, the price to book ratio is 0.67.

Transactions by insiders

Recent insider trading involved Tenazas Marissa R, SVP, CHRO, that happened on Jun 14 ’24 when 2000.0 shares were purchased. Director, Berthelot Michael J completed a deal on May 22 ’24 to sell 5800.0 shares. Meanwhile, VP, Global Internal Audit APPARECIDO ALEXANDRE sold 325.0 shares on Mar 30 ’24.

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