Shares of FDP stock traded up $0.09 on Friday, hitting $25.36. The company had a trading volume of 149,419 shares, compared to its average volume of 145,857. Fresh Del Monte Produce has a twelve month low of $22.83 and a twelve month high of $35.21. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.88 and a current ratio of 1.80. The firm has a market cap of $1.21 billion, a P/E ratio of 19.21 and a beta of 0.71. The stock’s 50-day moving average is $25.66 and its two-hundred day moving average is $26.70.
Fresh Del Monte Produce (NYSE:FDP – Get Rating) last announced its earnings results on Wednesday, May 4th. The company reported $0.55 EPS for the quarter. Fresh Del Monte Produce had a return on equity of 3.54% and a net margin of 1.47%. The business had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.12 billion. During the same period in the prior year, the business posted $0.88 earnings per share. The firm’s revenue was up 4.5% on a year-over-year basis.
Institutional investors and hedge funds have recently modified their holdings of the company. Invesco Ltd. raised its stake in Fresh Del Monte Produce by 67.1% during the 4th quarter. Invesco Ltd. now owns 685,078 shares of the company’s stock worth $18,908,000 after buying an additional 275,105 shares during the period. Norges Bank bought a new stake in shares of Fresh Del Monte Produce during the fourth quarter valued at approximately $7,472,000. BlackRock Inc. increased its holdings in shares of Fresh Del Monte Produce by 3.4% during the third quarter. BlackRock Inc. now owns 5,399,885 shares of the company’s stock valued at $173,982,000 after acquiring an additional 177,779 shares in the last quarter. State Street Corp raised its position in shares of Fresh Del Monte Produce by 10.9% during the first quarter. State Street Corp now owns 1,306,108 shares of the company’s stock worth $34,018,000 after purchasing an additional 128,374 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Fresh Del Monte Produce by 19.2% in the 3rd quarter. Bank of New York Mellon Corp now owns 745,256 shares of the company’s stock worth $24,012,000 after purchasing an additional 119,779 shares in the last quarter. Institutional investors own 67.95% of the company’s stock.
Fresh Del Monte Produce Company Profile (Get Rating)
Fresh Del Monte Produce Inc, through its subsidiaries, produces, markets, and distributes fresh and fresh-cut fruits and vegetables in North America, Europe, the Middle East, Africa, Asia, and internationally. It operates through three segments: Fresh and Value-Added Products, Banana, and Other Products and Services.
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