|Bid||0.00 x 800|
|Ask||37.15 x 800|
|Day's Range||33.40 - 34.04|
|52 Week Range||22.98 - 38.79|
|Beta (3Y Monthly)||0.89|
|PE Ratio (TTM)||28.36|
|Earnings Date||Feb 17, 2020 - Feb 21, 2020|
|Forward Dividend & Yield||0.29 (0.87%)|
|1y Target Est||37.00|
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Fresh Del Monte...
Shares of Fresh Del Monte soared Tuesday, after the fresh fruit and vegetables seller swung to a third-quarter profit as sales rose, with higher selling prices in the fresh foods and banana businesses helping make up for lower sales volumes and higher costs.
Fresh Del Monte Produce Inc. reported Tuesday that it swung to a third-quarter profit, but that was well-below expectations, while sales rose less than forecast as growth in its fresh and value-added businesses was offset by weakness in bananas. Separately, the company raised its interim cash dividend to 8 cents a share from 6 cents a share, with the new dividend payable Dec. 6 to shareholders of record on Nov. 13. The company reported net income of $18.1 million, or 38 cents a share, after a loss of $21.5 million, or 44 cents a share, in the year-ago period. Excluding non-recurring items, adjusted EPS came to 35 cents after a loss of 14 cents a share last year, but missed the FactSet consensus of 66 cents. Sales edged up 0.1% to $1.07 billion, below the FactSet consensus of $1.09 billion, as banana sales fell 2.9% to $385.8 million. The stock, which was still inactive in premarket trading, has gained 1.0% year to date while the S&P 500 has run up 21.2%.
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We have processed the filings of the more than 700 world-class investment firms that we track and now have access to the collective wisdom contained in […]
Fresh Del Monte Produce released today its 2019 Sustainability Report. “Long before it was the norm, we put sustainability at the core of who we are as a company,” said Hans Sauter, Senior Vice President Corporate R&D, QA and Agricultural Services. Along with spearheading many of the initiatives whose results were outlined, Sauter’s team was responsible for compiling the report, which tells a story of an industry leader running point on the most crucial topic of our times: environmental sustainability.
It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...
Fresh Del Monte Produce Inc. today announced that it will issue a press release on its third quarter 2019 results prior to the market opening on Tuesday, October 29, 2019 and will host its quarterly conference call that day at 11:00 a.m.
Fresh Del Monte Produce Inc. (the “Company”), (FDP) announced today that the Company has entered into an amended and restated $1.1 billion senior unsecured credit facility, with Bank of America, N.A. serving as the administrative agent. The amended and restated credit facility amends the Company’s credit facility to, among other things, extend the scheduled maturity date of the credit facility from April 15, 2020 to October 1, 2024 and add an accordion feature to increase the maximum availability by up to $300 million, subject to certain conditions and the lenders’ consent. The Company intends to use funds borrowed under the amended and restated credit facility from time to time for general corporate purposes, working capital, capital expenditures and other investment opportunities.
NEW YORK , Sept. 23, 2019 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 effective prior to the open of trading on Monday, September 30 : Fresh Del Monte ...
Mohammad Abu-Ghazaleh has been the CEO of Fresh Del Monte Produce Inc. (NYSE:FDP) since 1996. This report will, first...
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...
A market surge in the first quarter, spurred by easing global macroeconomic concerns and Powell's pivot ended up having a positive impact on the markets and many hedge funds as a result. The stocks of smaller companies which were especially hard hit during the fourth quarter slightly outperformed the market during the first quarter. Unfortunately, […]
Fresh Del Monte Produce Inc. (NYSE:FDP), which is in the food business, and is based in Cayman Islands, saw a decent...