Dole (DOLE) AI Stock Analysis

• Market Cap: $1.42B
• Dividend Yield: 2.26%
• Average Volume (3M): 1.04M
• Price to Earnings (P/E): 48.8
• Beta (1Y): 0.33
• Revenue Growth: 7.09%
• EPS Growth: -83.75%
• Country: US
• Employees: 35,371
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Agricultural Farm Products
• EPS (TTM): 0.16
• Shares Outstanding: 95,162,660
• 10 Day Avg. Volume: 897,411
• 30 Day Avg. Volume: 1,039,437
• PEG Ratio: -0.72
• Price to Book (P/B): 0.99
• Price to Sales (P/S): 0.15
• P/FCF Ratio: 7.13
• Enterprise Value/Market Cap: 1.72
• Enterprise Value/Revenue: 0.27
• Enterprise Value/Gross Profit: 3.42
• Enterprise Value/Ebitda: 7.00
• 1Y Price Target: $15.00
• Price Target Upside: 13.72% Upside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 2
• EPS Forecast (FY): 1.15
• Revenue Forecast (FY): $9.06B

• Rating: 63 Neutral
• Price Target: $14.50 ▲(9.93% Upside)

Dole's overall stock score reflects moderate financial performance with significant leverage and liquidity challenges. Positive technical momentum and strategic initiatives from the earnings call provide some upside, but valuation concerns due to a high P/E ratio limit the score.

Positive Factors

Product Innovation

The launch of the Colada Royale pineapple reflects Dole's commitment to innovation, potentially enhancing product differentiation and margins.

Revenue Growth

Strong revenue growth across all segments indicates robust market demand and effective execution of business strategies.

Share Repurchase Program

The share repurchase program demonstrates confidence in the company's financial health and commitment to enhancing shareholder value.

Negative Factors

High Debt Levels

High leverage can limit financial flexibility and increase risk, potentially impacting long-term financial stability.

Thin Profitability Margins

Thin margins suggest challenges in cost management and pricing power, which could affect long-term profitability.

Declining Cash Flow

Declining cash flow growth may constrain the company's ability to invest in growth opportunities and manage debt obligations.

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's financial performance shows moderate growth with stable revenue but thin profitability margins. The high debt-to-equity ratio and declining cash flow highlight leverage and liquidity challenges.

Income Statement

Dole's income statement shows moderate performance with a consistent revenue growth rate of 2.47% in the TTM period. The gross profit margin is stable at 8.26%, but the net profit margin is quite low at 0.28%, indicating thin profitability. EBIT and EBITDA margins have slightly decreased compared to the previous year, reflecting some operational challenges.

Balance Sheet

The balance sheet reveals a relatively high debt-to-equity ratio of 1.06, indicating significant leverage. Return on equity is low at 1.79%, suggesting limited profitability from shareholders' investments. The equity ratio stands at 30.98%, showing a moderate level of equity financing.

Cash Flow

Cash flow analysis indicates a decline in free cash flow growth by 18.33% in the TTM period, reflecting potential liquidity challenges. The operating cash flow to net income ratio is 0.12, and the free cash flow to net income ratio is 0.40, both suggesting limited cash generation relative to net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	8.97B	8.48B	8.25B	8.02B	5.94B	4.35B
Gross Profit	714.09M	717.72M	694.17M	599.88M	344.00M	333.59M
EBITDA	348.30M	342.91M	391.21M	301.87M	69.01M	105.81M
Net Income	14.83M	125.51M	124.06M	86.50M	-7.22M	52.49M
Balance Sheet
Total Assets	4.45B	4.45B	4.56B	4.59B	4.67B	1.89B
Cash, Cash Equivalents and Short-Term Investments	320.97M	336.04M	281.48M	234.21M	256.68M	160.50M
Total Debt	1.33B	1.30B	1.43B	1.54B	1.74B	490.97M
Total Liabilities	2.93B	3.01B	3.14B	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	31.90M	202.88M	197.94M	140.89M	-49.06M	121.37M
Operating Cash Flow	150.65M	285.31M	275.98M	226.46M	16.38M	144.57M
Investing Cash Flow	-31.43M	22.49M	-3.27M	-54.07M	82.82M	-25.60M
Financing Cash Flow	-69.66M	-237.84M	-230.00M	-173.40M	-1.34M	-100.58M

Dole Technical Analysis

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

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 13.19 is below the 20-day moving average (MA) of 14.21, below the 50-day MA of 13.51, and below the 200-day MA of 13.89, indicating a bullish trend. The MACD of 0.39 indicates Negative momentum. The RSI at 70.75 is Negative, neither overbought nor oversold. The STOCH value of 89.58 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DOLE.

Dole Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FDP	69 Neutral	$1.77B	22.66	3.95%	3.27%	1.11%	414.23%
BG	66 Neutral	$18.10B	10.06	10.24%	3.04%	10.29%	17.32%
DOLE	63 Neutral	$1.42B	48.84	8.75%	2.26%	7.09%	-83.75%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
LMNR	57 Neutral	$252.50M	―	-4.88%	2.15%	-14.97%	-278.36%
AGRO	52 Neutral	$823.94M	35.29	1.69%	4.20%	-7.37%	-84.53%
ALCO	50 Neutral	$281.15M	―	-83.19%	0.54%	-5.52%	-2194.72%

Dole Corporate Events

Dole plc Unveils $100 Million Share Repurchase Program

On November 10, 2025, Dole plc announced a $100 million share repurchase program authorized by its Board of Directors. This initiative is part of Dole’s broader capital allocation strategy aimed at enhancing long-term shareholder value. The repurchases will be conducted through open-market transactions or other methods compliant with securities laws, with the timing and volume determined by market conditions and available resources. The program offers flexibility as it does not obligate the company to buy a specific number of shares and can be adjusted or halted at the Board’s discretion. Funding for the repurchases will come from operating cash flow, existing cash balances, or the company’s revolving credit facility.

Dole to Discuss Q3 2025 Financial Results in Upcoming Webcast

On November 10, 2025, Dole plc will hold a conference call and webcast to discuss its financial results for the three and nine months ending September 30, 2025. This announcement is part of Dole’s ongoing efforts to keep stakeholders informed about its financial performance and could impact investor perceptions and market positioning.

Dole plc Reports Strong Q3 2025 Financial Results Amid Strategic Moves

On November 10, 2025, Dole plc announced its financial results for the third quarter of 2025, reporting a revenue increase of 10.5% to $2.3 billion. Despite a decrease in net income to $13.8 million due to losses in discontinued operations, the company showed strong performance in its diversified segments. The sale of the Fresh Vegetables division in August 2025 contributed to a reduction in net debt, and the board authorized a share repurchase program of up to $100 million. The company remains optimistic about achieving its full-year adjusted EBITDA target.