2024-02-07 04:30:18 ET
Summary
- Dole plc gets a buy rating, agreeing with today's consensus from Wall Street and SA analysts.
- Proven YoY growth in revenue, earnings, and equity while long-term debt has declined, while YoY revenue growth exceeds the sector average.
- Dividend yield of 2.8% less than peers, and dividend growth is unremarkable, but the share price is trading well below its moving average.
- This is an established brand in the juice, fruit and vegetable segment of consumer staples, and has a global business. At the same time, consumer confidence data is strong now.
Quick Overview
It is a new trading week and to kick things off we are picking a relatively under-covered stock in the consumer staples sector, but a common sight in the fruit and juice aisles of many supermarkets, Dole plc ( DOLE ).
This is a brand that some of us grew up with over the last few decades, and thinking about it brings back memories of the smell of orange and pineapples....
Read the full article on Seeking Alpha
For further details see:
Dole: Undervalued As EPS Growth Expected