Education
About Us
Working with TipRanks
Follow Us
Dole (DOLE)
NYSE:DOLE
Top Page
Dole
(NYSE:DOLE)
Rating:63Neutral
Price Target:
$15.00
▲(4.09% Upside)
Positive Factors
Consumer Demand
Strong consumer demand for DOLE products was reflected in 2Q results.
Financial Performance
DOLE raised its FY25 adjusted EBITDA outlook to at least $380 million.
Negative Factors
Gross Margins
Better than expected sales were offset by lower gross margins.
Market Valuation
Shares of DOLE are valued at a discount to produce company peers and broader food peer group given industry volatility.
Supply Conditions
DOLE was negatively impacted by tight supply conditions and negative weather conditions in several Central American markets.
Dole (DOLE) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.36B
Dividend Yield2.27%
Average Volume (3M)695.79K
Price to Earnings (P/E)57.3
Beta (1Y)0.34
Revenue Growth4.75%
EPS Growth-88.74%
CountryUS
Employees35,371
SectorConsumer Defensive
Sector Strength61
IndustryAgricultural Farm Products
Share Statistics
EPS (TTM)0.55
Shares Outstanding95,138,030
10 Day Avg. Volume776,518
30 Day Avg. Volume695,793
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market Cap1.93
Enterprise Value/Revenue0.30
Enterprise Value/Gross Profit3.63
Enterprise Value/Ebitda7.34
Forecast
1Y Price Target
$14.75Price Target Upside2.36% Upside
Rating ConsensusHold
Number of Analyst Covering2
Dole Business Overview & Revenue Model
Company DescriptionDole plc is a leading global producer and marketer of fresh fruits and vegetables. The company operates in various sectors, including farming, sourcing, packing, marketing, and distribution. Dole's core products include bananas, pineapples, berries, grapes, and packaged salads, among other fresh produce items. With a commitment to sustainability and quality, Dole serves retail, wholesale, and foodservice customers around the world.
How the Company Makes MoneyDole makes money primarily through the sale of fresh fruits and vegetables. The company's revenue model is based on producing, sourcing, and distributing its products to retail, wholesale, and foodservice customers globally. Dole operates extensive farming and distribution networks, allowing it to maintain control over the supply chain and ensure product quality. Key revenue streams include the sale of bananas, pineapples, and berries, which are some of the company's most significant product lines. Dole also generates income through packaged salads and other value-added fresh produce items. Significant partnerships with retail chains and distributors, along with a strong brand presence, contribute to Dole's earnings. Additionally, the company's focus on sustainability and innovation in agricultural practices supports its long-term profitability.
Dole Earnings Call Summary
Earnings Call Date:Aug 11, 2025
(Q2-2025)
| % Change Since: -1.50%|
Next Earnings Date:Nov 13, 2025
Earnings Call Sentiment Neutral
The earnings call reflects a positive performance with significant revenue growth, successful strategic divestment, and improved profitability metrics. However, challenges remain with supply chain disruptions, weather impacts, and increased costs. The positive aspects slightly outweigh the negatives, leading to a cautiously optimistic outlook.Q2-2025 Updates
Positive Updates
Strong Revenue Growth
Group revenue increased 14.3% to $2.4 billion, with notable growth in Diversified Fresh Produce segments and Fresh Fruit.
Sale of Fresh Vegetable Division
Completed the sale of Fresh Vegetable division to Arable Capital Partners, enabling focus on core business activities.
Increased Adjusted EBITDA and Net Income
Adjusted EBITDA increased by 9.3% to $137 million, and adjusted net income rose to $53 million with a 12% growth in EPS.
Strong Performance in Key Segments
Diversified EMEA segment saw a 15% increase in adjusted EBITDA, driven by strong growth in Nordics, Ireland, U.K., Spain, and Netherlands.
Positive Outlook and Guidance
Full year adjusted EBITDA guidance increased to a range of $380 million to $390 million.
Negative Updates
Impact of Tropical Storm Sara
Higher sourcing and shipping costs due to Tropical Storm Sara and logistical complexities.
Supply Chain Challenges
Tight supply conditions and operational challenges in Fresh Fruit expected to continue, impacting Q3 results.
Net Income Impacted by Losses
Net income affected by a $35 million loss in discontinued operations and a $19.1 million unrealized foreign currency loss.
Increased Net Debt
Net debt increased to $789 million due to working capital trends and strategic investments.
Company Guidance
During Dole plc's second quarter 2025 earnings call, the company reported robust financial metrics, including a 14.3% increase in group revenue to $2.4 billion and a 9.3% rise in adjusted EBITDA to $137 million. The quarter saw a 12% growth in adjusted diluted EPS to $0.55 and an adjusted net income of $53 million. The company also achieved a significant strategic milestone with the completion of the sale of its Fresh Vegetable division, allowing it to focus on core business activities. The Fresh Fruit segment delivered a strong performance with an adjusted EBITDA of $72.7 million, despite facing challenges such as higher sourcing and shipping costs. In the Diversified EMEA segment, adjusted EBITDA rose by 15% to $49 million, supported by strong revenue growth in key markets and the strengthening euro. The Diversified Americas segment also excelled with an 8.5% increase in reported revenue and a 27% growth in adjusted EBITDA. Looking forward, Dole plc updated its full-year guidance, targeting an adjusted EBITDA range of $380 million to $390 million, and declared a dividend of $0.085 per share.Dole Financial Statement Overview
Summary
Dole's financial statements indicate stable financial health with consistent revenue and profitability metrics. The income statement shows some pressure on margins, but the balance sheet reflects prudent management of debt and equity. Cash flow generation is solid, though there is room for improvement in free cash flow growth.Income Statement
Dole's income statement reveals stable revenue performance with a slight decline in TTM compared to the previous year, indicating revenue stability. The gross profit margin is healthy, suggesting efficient cost management. However, there is a notable decline in net profit margin from the previous year, which could be a concern if it persists. EBIT and EBITDA margins also show a slight decrease, reflecting some pressure on operating efficiency.78
Positive
Balance Sheet
The balance sheet is relatively stable, with a manageable debt-to-equity ratio and a consistent equity ratio, indicating a balanced approach to leverage. The return on equity has decreased slightly, which may suggest a need for improved profitability. Overall, the balance sheet reflects stable financial health with room for optimizing returns to shareholders.72
Positive
Cash Flow
The cash flow statement shows positive operating cash flows, although there is a decline in free cash flow compared to the previous year. The operating cash flow to net income ratio remains strong, indicating efficient cash generation relative to earnings. However, a decrease in free cash flow growth suggests potential challenges in maintaining cash reserves.75
Positive
| 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
Positive
14.41
Price Trends
14.10
Positive
14.12
Positive
14.10
Positive
Market Momentum
0.04
Negative
54.22
Neutral
77.80
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DOLE, the sentiment is Positive. The current price of 14.41 is above the 20-day moving average (MA) of 14.25, above the 50-day MA of 14.10, and above the 200-day MA of 14.10, indicating a bullish trend. The MACD of 0.04 indicates Negative momentum. The RSI at 54.22 is Neutral, neither overbought nor oversold. The STOCH value of 77.80 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DOLE.
Dole Risk Analysis
Dole disclosed 50 risk factors in its most recent earnings report. Dole reported the most risks in the "Production" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Dole Peers Comparison
Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | $28.81B | 26.39 | 4.93% | 3.34% | -6.70% | -54.38% | |
77 Outperform | $15.98B | 7.98 | 13.20% | 3.35% | -8.87% | 13.21% | |
76 Outperform | $1.76B | 11.72 | 7.49% | 3.19% | 1.41% | ― | |
69 Neutral | $19.78B | 25.20 | 4.31% | 3.52% | 1.99% | ― | |
63 Neutral | $1.36B | 57.32 | 8.29% | 2.27% | 4.75% | -88.74% | |
63 Neutral | $20.95B | 14.50 | -4.08% | 3.12% | 2.72% | -11.24% | |
60 Neutral | $832.94M | 23.31 | 2.63% | 4.13% | 19.45% | -82.38% |
* Consumer Defensive Sector Average
Performance Comparison
DOLE
Dole
14.41
-1.04
-6.73%
AGRO
Adecoagro SA
8.57
-1.93
-18.38%
ADM
Archer Daniels Midland
61.12
2.95
5.07%
BG
Bunge Global
83.40
-11.89
-12.48%
FDP
Fresh Del Monte Produce
35.80
8.34
30.37%
TSN
Tyson Foods
56.97
-4.45
-7.25%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.