Dole Plc Stock Beta
| DOLE Stock | USD 15.03 0.31 2.02% |
Dole PLC fundamentals help investors to digest information that contributes to Dole PLC's financial success or failures. It also enables traders to predict the movement of Dole Stock. The fundamental analysis module provides a way to measure Dole PLC's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Dole PLC stock.
Dole | Beta |
Dole PLC Company Beta Analysis
Dole PLC's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Dole PLC Beta | 0.86 |
Most of Dole PLC's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Dole PLC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Dole Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Dole PLC is extremely important. It helps to project a fair market value of Dole Stock properly, considering its historical fundamentals such as Beta. Since Dole PLC's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Dole PLC's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Dole PLC's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Dole PLC has a Beta of 0.857. This is 30.33% lower than that of the Food Products sector and 74.9% higher than that of the Consumer Staples industry. The beta for all United States stocks is notably lower than that of the firm.
Dole Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Dole PLC's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Dole PLC could also be used in its relative valuation, which is a method of valuing Dole PLC by comparing valuation metrics of similar companies.Dole PLC is currently under evaluation in beta category among its peers.
Dole PLC ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Dole PLC's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Dole PLC's managers, analysts, and investors.Environmental | Governance | Social |
Dole PLC Institutional Holders
Institutional Holdings refers to the ownership stake in Dole PLC that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Dole PLC's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Dole PLC's value.| Shares | Renaissance Technologies Corp | 2024-09-30 | 1 M | Charles Schwab Investment Management Inc | 2024-09-30 | 975.3 K | Jacobs Levy Equity Management, Inc. | 2024-09-30 | 974.9 K | Nuveen Asset Management, Llc | 2024-06-30 | 943.7 K | Bridgeway Capital Management, Llc | 2024-09-30 | 941.3 K | Geode Capital Management, Llc | 2024-09-30 | 905 K | Vanguard Group Inc | 2024-09-30 | 672.3 K | Dnca Finance | 2024-09-30 | 629.4 K | Globeflex Capital, L.p. | 2024-09-30 | 623.9 K | Pale Fire Capital Se | 2024-06-30 | 8.2 M | Rubric Capital Management Lp | 2024-06-30 | 5.1 M |
Dole PLC returns are very sensitive to returns on the market. As the market goes up or down, Dole PLC is expected to follow.
Dole Fundamentals
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0337 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 2.5 B | |||
| Shares Outstanding | 95.01 M | |||
| Shares Owned By Insiders | 24.62 % | |||
| Shares Owned By Institutions | 60.60 % | |||
| Number Of Shares Shorted | 1.28 M | |||
| Price To Earning | 169.33 X | |||
| Price To Book | 1.05 X | |||
| Price To Sales | 0.17 X | |||
| Revenue | 8.25 B | |||
| Gross Profit | 594.71 M | |||
| EBITDA | 328.01 M | |||
| Net Income | 145.88 M | |||
| Cash And Equivalents | 244.45 M | |||
| Cash Per Share | 2.58 X | |||
| Total Debt | 1.43 B | |||
| Debt To Equity | 1.33 % | |||
| Current Ratio | 1.16 X | |||
| Book Value Per Share | 14.63 X | |||
| Cash Flow From Operations | 275.98 M | |||
| Short Ratio | 2.44 X | |||
| Earnings Per Share | 2.04 X | |||
| Price To Earnings To Growth | 2.50 X | |||
| Target Price | 16.88 | |||
| Number Of Employees | 34.08 K | |||
| Beta | 0.86 | |||
| Market Capitalization | 1.46 B | |||
| Total Asset | 4.85 B | |||
| Retained Earnings | 562.56 M | |||
| Working Capital | 203.98 M | |||
| Current Asset | 2.74 B | |||
| Current Liabilities | 1.48 B | |||
| Annual Yield | 0.02 % | |||
| Net Asset | 4.85 B | |||
| Last Dividend Paid | 0.08 |
About Dole PLC Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Dole PLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dole PLC using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dole PLC based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Dole PLC is a strong investment it is important to analyze Dole PLC's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Dole PLC's future performance. For an informed investment choice regarding Dole Stock, refer to the following important reports:Check out Dole PLC Piotroski F Score and Dole PLC Altman Z Score analysis. For information on how to trade Dole Stock refer to our How to Trade Dole Stock guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dole PLC. If investors know Dole will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dole PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.69) | Dividend Share 0.08 | Earnings Share 2.04 | Revenue Per Share 88.263 | Quarterly Revenue Growth 0.01 |
The market value of Dole PLC is measured differently than its book value, which is the value of Dole that is recorded on the company's balance sheet. Investors also form their own opinion of Dole PLC's value that differs from its market value or its book value, called intrinsic value, which is Dole PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dole PLC's market value can be influenced by many factors that don't directly affect Dole PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dole PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dole PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dole PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.