Dole (DOLE) AI Stock Analysis

• Market Cap: $1.23B
• Dividend Yield: 2.56%
• Average Volume (3M): 870.91K
• Price to Earnings (P/E): 51.7
• Beta (1Y): 0.29
• Revenue Growth: 4.75%
• EPS Growth: -88.74%
• Country: US
• Employees: 35,371
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Agricultural Farm Products
• EPS (TTM): 0.55
• Shares Outstanding: 95,162,660
• 10 Day Avg. Volume: 698,533
• 30 Day Avg. Volume: 870,911
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 2.14
• Enterprise Value/Revenue: 0.30
• Enterprise Value/Gross Profit: 3.63
• Enterprise Value/Ebitda: 7.34
• 1Y Price Target: $15.00
• Price Target Upside: 13.72% Upside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 2

• Rating: 62 Neutral
• Price Target: $14.00 ▲(6.14% Upside)

Dole's overall score reflects strong earnings performance and strategic moves, but is weighed down by valuation concerns and technical weakness. Financial performance shows growth, yet profitability and cash flow issues need resolution.

Positive Factors

Revenue Growth

Strong revenue growth indicates robust demand for Dole's products and effective market penetration, supporting long-term business expansion.

Strategic Divestment

The divestment allows Dole to focus on core business activities, potentially enhancing operational efficiency and profitability over time.

Segment Performance

Strong performance in key segments like EMEA suggests effective regional strategies and market strength, contributing to sustained growth.

Negative Factors

Cash Flow Challenges

Declining free cash flow could hinder Dole's ability to invest in growth opportunities and manage debt, affecting long-term financial health.

Supply Chain Disruptions

Ongoing supply chain issues may impact product availability and cost efficiency, posing risks to Dole's operational stability and margins.

Increased Net Debt

Rising net debt levels can strain financial resources and limit strategic flexibility, potentially affecting Dole's long-term growth prospects.

Dole Business Overview & Revenue Model

Company Description

Dole Food Company, Inc. (DOLE) is a leading global producer and marketer of fresh fruits and vegetables. The company operates in multiple sectors, including the production, distribution, and marketing of a wide range of products such as bananas, pineapples, berries, and salads. Dole is known for its commitment to quality and sustainability, operating through a vertically integrated supply chain that ensures the freshness and safety of its offerings. The company serves various markets, including retail, food service, and industrial customers worldwide.

How the Company Makes Money

Dole generates revenue primarily through the sale of fresh produce, including bananas, pineapples, and packaged salads. The company operates in both the fresh and processed food segments, with significant revenue streams coming from its extensive distribution networks that serve supermarkets, wholesalers, and food service operations. Dole's revenue model is based on direct sales to retailers and food service providers, as well as distribution agreements that enhance market reach. Additionally, the company benefits from long-term supply contracts and partnerships with growers and suppliers, which help stabilize costs and ensure a steady supply of high-quality products. Economic factors, such as consumer demand for healthy food options and sustainability initiatives, also play a crucial role in driving Dole's earnings.

Dole Financial Statement Overview

Summary

Dole shows steady revenue growth and effective cost management, but faces challenges in profitability and cash flow generation. Improved leverage is noted, but declining return on equity and cash flow issues need addressing for long-term health.

Income Statement

Dole has shown consistent revenue growth with a 3.6% increase in TTM. The gross profit margin is stable at around 8.3%, indicating efficient cost management. However, the net profit margin has slightly decreased to 1.1% in TTM, reflecting some pressure on profitability. The EBIT and EBITDA margins have also seen a slight decline, suggesting potential challenges in operational efficiency.

Balance Sheet

The debt-to-equity ratio has improved slightly to 0.995 in TTM, indicating better leverage management. However, the return on equity has decreased to 7.0%, which may concern investors looking for high returns. The equity ratio remains stable, reflecting a balanced asset structure.

Cash Flow

Dole's free cash flow has decreased significantly by 31.8% in TTM, which could impact future investments and debt repayments. The operating cash flow to net income ratio is relatively low at 0.15, indicating potential challenges in converting income into cash. The free cash flow to net income ratio has also decreased, suggesting tighter cash flow management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	8.76B	8.48B	8.25B	8.02B	6.45B	4.35B
Gross Profit	722.95M	717.72M	694.17M	599.88M	349.13M	333.59M
EBITDA	357.44M	410.72M	391.21M	307.84M	69.01M	105.89M
Net Income	24.13M	125.51M	124.06M	86.50M	-7.22M	52.49M
Balance Sheet
Total Assets	4.71B	4.45B	4.85B	4.59B	4.67B	1.89B
Cash, Cash Equivalents and Short-Term Investments	323.13M	336.04M	281.48M	234.21M	256.68M	160.50M
Total Debt	1.46B	1.30B	1.43B	1.54B	1.74B	490.97M
Total Liabilities	3.19B	3.01B	3.43B	3.27B	3.42B	1.20B
Stockholders Equity	1.38B	1.29B	1.25B	1.16B	1.08B	535.01M
Cash Flow
Free Cash Flow	78.08M	180.29M	197.94M	140.89M	-49.06M	121.37M
Operating Cash Flow	197.02M	262.72M	275.98M	238.89M	16.38M	144.57M
Investing Cash Flow	-106.28M	35.78M	-3.27M	-54.07M	82.82M	-25.60M
Financing Cash Flow	35.73M	-237.84M	-230.00M	-173.40M	-1.34M	-100.58M

Dole Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 13.19
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DOLE, the sentiment is Negative. The current price of 13.19 is above the 20-day moving average (MA) of 13.13, below the 50-day MA of 13.58, and below the 200-day MA of 13.80, indicating a bearish trend. The MACD of -0.15 indicates Negative momentum. The RSI at 38.90 is Neutral, neither overbought nor oversold. The STOCH value of 46.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DOLE.

Dole Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BG	77 Outperform	$19.57B	9.77	13.20%	2.82%	-8.87%	13.21%
FDP	76 Outperform	$1.65B	11.01	7.49%	3.35%	1.41%	―
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
DOLE	62 Neutral	$1.23B	51.66	8.29%	2.56%	4.75%	-88.74%
AGRO	61 Neutral	$780.95M	21.85	2.63%	4.47%	19.45%	-82.38%
LMNR	58 Neutral	$271.45M	―	-4.88%	1.99%	-14.97%	-278.36%
ALCO	50 Neutral	$273.70M	―	-82.35%	0.56%	-4.72%	-700.99%

Dole Corporate Events

Dole plc Completes Share Offering with No Proceeds to Company

On September 3, 2025, Dole plc entered into an Underwriting Agreement with Castle & Cooke Holdings, Inc., The Murdock Group, LLC, and Goldman Sachs & Co. LLC for a public offering of 11,917,263 ordinary shares by the selling shareholders at $13.25 per share. The offering, which closed on September 5, 2025, was conducted under the company’s automatic shelf registration statement and did not involve the sale of any securities by Dole itself, meaning the company will not receive any proceeds from this transaction.

Dole plc Reports Strong Q2 2025 Results and Strategic Division Sale

On August 11, 2025, Dole plc reported strong financial results for the second quarter of 2025, with a 14.3% increase in revenue to $2.4 billion and a 9.3% rise in Adjusted EBITDA. Despite a decrease in net income due to losses in the Fresh Vegetables division, the company successfully completed the sale of this division to Arable Capital Partners for approximately $140 million, marking a strategic shift to focus on core business activities. This move, alongside the positive financial performance, positions Dole to enhance its market focus and operational efficiency.

Dole plc to Discuss Mid-2025 Financial Results in Upcoming Webcast

On August 11, 2025, Dole plc will host a conference call and webcast to discuss its financial results for the three and six months ending June 30, 2025. The announcement is significant as it provides insights into the company’s financial health and operational performance, potentially impacting its market positioning and stakeholder interests.

Dole Completes Sale of Fresh Vegetables Division to Arable Capital

On August 5, 2025, Dole plc announced the completion of the sale of its Fresh Vegetables Division to OG Holdco LLC, the parent company of organicgirl LLC, for approximately $140 million. This strategic move allows Dole to focus on its core business activities while the combination with organicgirl is expected to enhance operational efficiencies and expand offerings. The transaction marks a significant milestone for Dole, impacting its operations and market positioning by enabling further concentration on its primary business areas.