(FDP) Fresh Del Monte Produce - Ratings and Ratios

Fresh Del Monte Produce Inc. is a global leader in the production, marketing, and distribution of fresh and fresh-cut fruits and vegetables, operating across multiple continents and segments, including Fresh and Value-Added Products, Banana, and Other Products and Services. The companys diverse product portfolio includes pineapples, melons, non-tropical fruits like grapes and apples, avocados, and prepared fruit and vegetables, as well as poultry and meat products. Del Montes products are marketed under various brands, including Del Monte, UTC, and Mann, and are distributed to retail stores, club stores, and foodservice operators.

With a history dating back to 1886, Fresh Del Monte Produce Inc. has established itself as a prominent player in the agricultural products and services industry. The companys global reach and diversified product offerings have enabled it to maintain a strong market presence. Its products are sold under multiple brands, catering to different customer segments and preferences. The companys business model is designed to meet the evolving demands of the global market, with a focus on quality, freshness, and convenience.

Analyzing the , we can observe that the stocks last price is $32.82, with a 20-day SMA of $33.74, indicating a potential short-term downward trend. The 50-day SMA is $32.86, suggesting a stable mid-term outlook. The 200-day SMA is $31.04, indicating a long-term uptrend. The ATR is 0.72, representing a 2.21% daily volatility. Considering the , the companys market capitalization is approximately $1.56 billion, with a P/E ratio of 10.83 and a forward P/E of 17.92. The RoE is 7.41%, indicating a relatively stable return on equity.

Based on the analysis of and , our forecast suggests that Fresh Del Monte Produce Inc.s stock may experience a short-term correction due to the downward trend indicated by the 20-day SMA. However, the companys stable mid-term outlook and long-term uptrend, as suggested by the 50-day and 200-day SMAs, respectively, may drive the stock price upwards in the coming months. With a relatively stable RoE and a reasonable P/E ratio, we predict that the stock may reach $35.50 within the next 6-12 months, driven by the companys strong market presence and diversified product portfolio.