At the time of writing, Dole plc [DOLE] stock is trading at $14.42, up 2.49%. An important factor to consider is whether the stock is rising or falling in short-term value. The DOLE shares have gain 1.69% over the last week, with a monthly amount drifted -1.84%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
For the past year, the stock price of Dole plc fluctuated between $11.40 and $17.12. Currently, Wall Street analysts expect the stock to reach $16.67 within the next 12 months. Dole plc [NYSE: DOLE] shares were valued at $14.42 at the most recent close of the market. An investor can expect a potential return of 15.6% based on the average DOLE price forecast.
Analyzing the DOLE fundamentals
According to Dole plc [NYSE:DOLE], the company’s sales were 8.48B for trailing twelve months, which represents an 4.59% jump. Gross Profit Margin for this corporation currently stands at 0.09% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.12 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.01.
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 14.15 points at the first support level, and at 13.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.60, and for the 2nd resistance point, it is at 14.78.
Ratios To Look Out For
It is important to note that Dole plc [NYSE:DOLE] has a current ratio of 1.18. On the other hand, the Quick Ratio is 0.91, and the Cash Ratio is 0.21. Considering the valuation of this stock, the price to sales ratio is 0.16, the price to book ratio is 1.06 and price to earnings (TTM) ratio is 10.96.
