Fresh Del Monte Stock Today

FDP Stock  USD 26.03  0.53  2.08%   

Performance

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Odds Of Distress

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Fresh Del is selling at 26.03 as of the 28th of March 2024; that is 2.08 percent up since the beginning of the trading day. The stock's last reported lowest price was 25.59. Fresh Del has less than a 11 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Fresh Del Monte are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Food, Beverage & Tobacco
IPO Date
3rd of October 1997
Category
Consumer Defensive
Classification
Consumer Staples
Fresh Del Monte Produce Inc., through its subsidiaries, produces, markets, and distributes fresh and fresh-cut fruits and vegetables in North America, Europe, the Middle East, Africa, Asia, and internationally. Fresh Del Monte Produce Inc. was founded in 1886 and is based in George Town, Cayman Islands. The company has 47.63 M outstanding shares of which 216.69 K shares are currently shorted by investors with about 0.99 days to cover. More on Fresh Del Monte

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Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Fresh Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Fresh Del's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Fresh Del or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanMohammad AbuGhazaleh
Thematic IdeaAgriculture (View all Themes)
Old Names[FRESH DEL MONTE - Frankfurt Stock Exchang, Freedom Property Fund Ltd]
Business ConcentrationAgricultural Products & Services, Food, Beverage & Tobacco, Consumer Defensive, NYSE Composite, SP Small-Cap 600, Agriculture, Consumer Staples, Food Products, Farm Products, Consumer Defensive (View all Sectors)
Average Analyst Recommendation
Analysts covering Fresh Del report their recommendations after researching Fresh Del's financial statements, talking to executives and customers, or listening in on Fresh Del's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Fresh Del Monte. The Fresh consensus assessment is calculated by taking the average forecast from all of the analysts covering Fresh Del.
Financial Strength
Based on the analysis of Fresh Del's profitability, liquidity, and operating efficiency, Fresh Del Monte may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Fresh Del Monte is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.61.2513
Significantly Up
Slightly volatile
Gross Profit Margin0.110.0714
Way Up
Pretty Stable
Net Debt389.6 M564.4 M
Way Down
Slightly volatile
Total Current Liabilities450.8 M540.6 M
Fairly Down
Slightly volatile
Non Current Liabilities Total599.8 M730.8 M
Significantly Down
Slightly volatile
Total Assets2.6 B3.2 B
Significantly Down
Slightly volatile
Total Current Assets913.3 M1.1 B
Significantly Down
Slightly volatile
Total Cash From Operating Activities188.4 M177.9 M
Notably Up
Very volatile
Fresh Del's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Fresh Del's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Fresh Del's financial leverage. It provides some insight into what part of Fresh Del's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Fresh Del's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Fresh Del deploys its capital and how much of that capital is borrowed.
Liquidity
Fresh Del cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 598.2 M in debt with debt to equity (D/E) ratio of 0.33, which is OK given its current industry classification. Fresh Del Monte has a current ratio of 1.7, which is typical for the industry and considered as normal. Debt can assist Fresh Del until it has trouble settling it off, either with new capital or with free cash flow. So, Fresh Del's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Fresh Del Monte sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Fresh to invest in growth at high rates of return. When we think about Fresh Del's use of debt, we should always consider it together with cash and equity.

Depreciation

81.59 Million
Fresh Del Monte (FDP) is traded on New York Stock Exchange in USA. It is located in Apollo House, George Town, Cayman Islands, KY1-1107 and employs 31,887 people. Fresh Del is listed under Agricultural Products & Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.24 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Fresh Del's market, we take the total number of its shares issued and multiply it by Fresh Del's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Fresh Del Monte runs under Food Products sector within Consumer Staples industry. The entity has 47.63 M outstanding shares of which 216.69 K shares are currently shorted by investors with about 0.99 days to cover. Fresh Del Monte has about 17.2 M in cash with 177.9 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.33.
Check Fresh Del Probability Of Bankruptcy
Ownership Allocation
Fresh Del holds a total of 47.63 Million outstanding shares. Over half of Fresh Del's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Fresh Del. Please watch out for any change in the institutional holdings of Fresh Del Monte as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Fresh Ownership Details

Fresh Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of Fresh Del jumping above the current price in 90 days from now is about 10.65%. The Fresh Del Monte probability density function shows the probability of Fresh Del stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.3597. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Fresh Del will likely underperform. Additionally, fresh Del Monte has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 26.03HorizonTargetOdds Above 26.03
89.21%90 days
 26.03 
10.65%
Based on a normal probability distribution, the odds of Fresh Del to move above the current price in 90 days from now is about 10.65 (This Fresh Del Monte probability density function shows the probability of Fresh Stock to fall within a particular range of prices over 90 days) .

Fresh Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Fresh Del that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Fresh Del's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Fresh Del's value.
InstituionRecorded OnShares
Allianz Asset Management Ag2023-12-31
477.8 K
Victory Capital Management Inc.2023-12-31
476.9 K
Ameriprise Financial Inc2023-12-31
438.2 K
Jpmorgan Chase & Co2023-12-31
434.2 K
Bridgeway Capital Management, Llc2023-12-31
429.7 K
Northern Trust Corp2023-12-31
429.4 K
Morgan Stanley - Brokerage Accounts2023-12-31
373.1 K
Invenomic Capital Management, Lp2023-12-31
345 K
Nuveen Asset Management, Llc2023-12-31
310.2 K
Blackrock Inc2023-12-31
5.9 M
Vanguard Group Inc2023-12-31
4.5 M
View Fresh Del Diagnostics

Fresh Del Historical Income Statement

Fresh Del Monte Income Statement is one of the three primary financial statements used for reporting Fresh's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Fresh Del Monte revenue and expense. Fresh Del Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Fresh Del's Operating Income is relatively stable compared to the past year. As of 03/28/2024, EBIT is likely to grow to about 147.5 M, while Total Revenue is likely to drop slightly above 3.6 B. View More Fundamentals

Fresh Stock Against Markets

Picking the right benchmark for Fresh Del stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Fresh Del stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Fresh Del is critical whether you are bullish or bearish towards Fresh Del Monte at a given time. Please also check how Fresh Del's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Fresh Del without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Fresh Del Corporate Directors

Fresh Del corporate directors refer to members of a Fresh Del board of directors. The board of directors generally takes responsibility for the Fresh Del's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Fresh Del's board members must vote for the resolution. The Fresh Del board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Robert BucklinIndependent DirectorProfile
Edward BoykinLead Independent DirectorProfile
Charles BeardIndependent DirectorProfile
Michael BerthelotLead Independent DirectorProfile

How to buy Fresh Stock?

Before investing in Fresh Del, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Fresh Del. To buy Fresh Del stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Fresh Del. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Fresh Del stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Fresh Del Monte stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Fresh Del Monte stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Fresh Del Monte, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Fresh Stock please use our How to Invest in Fresh Del guide.

Already Invested in Fresh Del Monte?

The danger of trading Fresh Del Monte is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Fresh Del is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Fresh Del. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Fresh Del Monte is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Fresh Del Monte is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Fresh Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Fresh Del Monte Stock. Highlighted below are key reports to facilitate an investment decision about Fresh Del Monte Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fresh Del Monte. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Fresh Del Monte information on this page should be used as a complementary analysis to other Fresh Del's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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When running Fresh Del's price analysis, check to measure Fresh Del's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fresh Del is operating at the current time. Most of Fresh Del's value examination focuses on studying past and present price action to predict the probability of Fresh Del's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fresh Del's price. Additionally, you may evaluate how the addition of Fresh Del to your portfolios can decrease your overall portfolio volatility.
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Is Fresh Del's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fresh Del. If investors know Fresh will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fresh Del listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.75)
Dividend Share
0.75
Earnings Share
(0.24)
Revenue Per Share
90.054
Quarterly Revenue Growth
(0.03)
The market value of Fresh Del Monte is measured differently than its book value, which is the value of Fresh that is recorded on the company's balance sheet. Investors also form their own opinion of Fresh Del's value that differs from its market value or its book value, called intrinsic value, which is Fresh Del's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fresh Del's market value can be influenced by many factors that don't directly affect Fresh Del's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fresh Del's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fresh Del is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fresh Del's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.