Added to YB: 2024-03-05
Pitch date: 2024-03-03
DOLE [bullish]
Dole plc
+41.03%
current return
Author Info
Under the Hood is a private investor (ex-NYSE, Bridgewater, Alliance Bernstein) writing about stocks. Sign up for their newsletter.
Company Info
Dole plc engages in sourcing, processing, marketing, and distribution of fresh fruit and vegetables worldwide.
Market Cap
$1.3B
Pitch Price
$11.03
Price Target
N/A
Dividend
2.46%
EV/EBITDA
5.41
P/E
10.95
EV/Sales
0.27
Sector
Food Products
Category
value
Dole: This Banana Tree has 3 Upside Branches
DOLE: Undervalued at 4.9x EV/EBITDA vs peers. Mgmt selling non-core assets at 15x to cut debt ($1.3B to $0.8B), boost financials. Core biz strong sales & margins. Risks: low EBITDA/FCF conversion, veg sale block. Disciplined mgmt & mispricing make compelling long-term buy.
Read full article (5 min)