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Dole (DOLE)
NYSE:DOLE
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Dole
(NYSE:DOLE)
Rating:62Neutral
Price Target:
$14.00
▲(4.01% Upside)
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 (DOLE) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.28B
Dividend Yield2.41%
Average Volume (3M)1.12M
Price to Earnings (P/E)54.0
Beta (1Y)0.31
Revenue Growth4.75%
EPS Growth-88.74%
CountryUS
Employees35,371
SectorConsumer Defensive
Sector Strength44
IndustryAgricultural Farm Products
Share Statistics
EPS (TTM)0.55
Shares Outstanding95,162,660
10 Day Avg. Volume1,888,752
30 Day Avg. Volume1,122,955
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 Cap2.05
Enterprise Value/Revenue0.30
Enterprise Value/Gross Profit3.63
Enterprise Value/Ebitda7.34
Forecast
1Y Price Target
$14.67Price Target Upside8.99% Upside
Rating ConsensusModerate Sell
Number of Analyst Covering3
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: |
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 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.72
Positive
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.65
Positive
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.58
Neutral
| 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
Negative
13.46
Price Trends
14.18
Negative
14.17
Negative
14.01
Negative
Market Momentum
-0.15
Positive
39.64
Neutral
27.44
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 13.46 is below the 20-day moving average (MA) of 14.24, below the 50-day MA of 14.18, and below the 200-day MA of 14.01, indicating a bearish trend. The MACD of -0.15 indicates Positive momentum. The RSI at 39.64 is Neutral, neither overbought nor oversold. The STOCH value of 27.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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 (62)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | $16.47B | 8.22 | 13.20% | 3.35% | -8.87% | 13.21% | |
77 Outperform | $29.51B | 27.03 | 4.93% | 3.31% | -6.70% | -54.38% | |
76 Outperform | $1.70B | 11.33 | 7.49% | 3.25% | 1.41% | ― | |
66 Neutral | $19.33B | 24.63 | 4.31% | 3.61% | 1.99% | ― | |
62 Neutral | $20.32B | 14.51 | -3.18% | 3.18% | 1.92% | -6.57% | |
62 Neutral | $1.28B | 53.99 | 8.29% | 2.41% | 4.75% | -88.74% | |
59 Neutral | $814.94M | 22.80 | 2.63% | 4.28% | 19.45% | -82.38% |
* Consumer Defensive Sector Average
Performance Comparison
DOLE
Dole
13.46
-2.43
-15.29%
AGRO
Adecoagro SA
8.15
-3.24
-28.45%
ADM
Archer Daniels Midland
61.41
3.35
5.77%
BG
Bunge Global
82.34
-11.73
-12.47%
FDP
Fresh Del Monte Produce
35.37
7.53
27.05%
TSN
Tyson Foods
55.42
-3.93
-6.62%
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.