Fresh Del Monte Produce, Inc. (FDP)

NYSE: FDP · IEX Real-Time Price · USD
29.94
-1.33 (-4.25%)
Jul 7, 2022 11:50 AM EDT - Market open
-4.25%
Market Cap 1.43B
Revenue (ttm) 4.30B
Net Income (ttm) 63.10M
Shares Out 47.82M
EPS (ttm) 1.32
PE Ratio 22.68
Forward PE 17.92
Dividend $0.60 (2.00%)
Ex-Dividend Date May 17, 2022
Volume 54,953
Open 31.20
Previous Close 31.27
Day's Range 29.93 - 31.44
52-Week Range 22.63 - 34.00
Beta 0.72
Analysts Buy
Price Target 34.68 (+15.8%)
Earnings Date Aug 3, 2022

About FDP

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. It offers pineapples, fresh-cut fruit, fresh-cut vegetables, melons, and vegetables; non-tropical fruits, such as grapes, apples, citrus, blueberries, strawberries, pears, peaches, plums, nectarines, cherries, and kiwis; other fru... [Read more...]

Industry Food Products
IPO Date Oct 3, 1997
CEO Mohammad Abu-Ghazaleh
Employees 40,055
Stock Exchange NYSE
Ticker Symbol FDP
Full Company Profile

Financial Performance

In 2021, FDP's revenue was $4.25 billion, an increase of 1.18% compared to the previous year's $4.20 billion. Earnings were $80.00 million, an increase of 62.60%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for FDP stock is "Buy." The 12-month stock price forecast is 34.68, which is an increase of 15.83% from the latest price.

Price Target
$34.68
(15.83% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Fresh Del Monte's Network Shipping Ltd. Offers Reliable Cargo Solutions to Wider Audience Amid Ongoing Supply Chain I...

MIAMI--(BUSINESS WIRE)--Network Shipping (NWS), Fresh Del Monte's ocean logistics arm, continues to drive growth for Fresh Del Monte's third-party services by further enhancing its platform through a re...

Fresh Del Monte beats profit expectations, as 'inflation-justified' price increases boosted sales

Fresh Del Monte Produce Inc. FDP, -0.24% reported Wednesday first-quarter profit that fell, but beat expectations, while revenue rose primarily due to "favorable pricing." The fresh fruit seller's stock...

Fresh Del Monte Produce Inc. Reports First Quarter 2022 Financial Results

CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. (NYSE: FDP), ("Fresh Del Monte" or the "Company") today reported financial results for the first quarter ended April 1, 2022. Financial ...

Fresh Del Monte Produce Inc. to Report First Quarter 2022 Financial Results

CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. (NYSE: FDP), today announced that it will issue a press release on its first quarter 2022 financial results prior to the market opening ...

Fresh Del Monte Recognized as One of America's Most Trusted Companies of 2022 by Newsweek

MIAMI--(BUSINESS WIRE)--Fresh Del Monte Produce Inc., one of the world's leading vertically integrated producers, distributors, and marketers of fresh and fresh-cut fruits and vegetables, has been named...

Fresh Del Monte posts wider-than-expected Q4 loss and sales fall slightly short of estimates

Fresh Del Monte Produce Inc. FDP, -2.26% posted a wider-than-expected loss for the fourth quarter and sales that fell slightly short of estimates Wednesday. The Coral Gables, Fla-based distributor of fr...

Fresh Del Monte Produce Inc. Reports Fourth Quarter and Full Fiscal Year 2021 Financial Results

CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. (NYSE: FDP), ("Fresh Del Monte" or the "Company") today reported financial results for the fourth quarter and the full fiscal year ended...

Fresh Del Monte CFO resigns

Fresh Del Monte Produce Inc. FDP, -0.31% announced in a Tuesday filing that Chief Financial Officer Eduardo Bezerra, effective March 31. The company says there was no dispute, and Bezerra has resigned t...

Fresh Del Monte Produce Inc. to Report Fourth Quarter and Full Fiscal Year 2021 Financial Results

CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. (NYSE: FDP), today announced that it will issue a press release on its fourth quarter and full fiscal year 2021 results prior to the mar...

Fresh Del Monte Further Emphasizes Need for Biodiversity Conservation in Agricultural Industry, Speaking at GreenBiz ...

MIAMI--(BUSINESS WIRE)--Fresh Del Monte Produce Inc., one of the world's leading vertically integrated producers, distributors, and marketers of fresh and fresh-cut fruits and vegetables, announced toda...

Fresh Del Monte Commits to Reducing Scope 1, 2 and 3 Greenhouse Gas Emissions by 2030 Ahead of COP26

MIAMI--(BUSINESS WIRE)--Fresh Del Monte Produce Inc., one of the world's leading vertically integrated producers, distributors, and marketers of fresh and fresh-cut fruits and vegetables, announced toda...

Fresh Del Monte price prediction as shares plunge after FQ3 miss

On Wednesday, Fresh Del Monte Produce Inc. (NYSE:FDP) shares fell more than 10% after announcing its most recent quarterly results. The company reported its FQ3 revenue and earnings before markets opene...

Fresh Del Monte Produce Inc. Reports Third Quarter 2021 Financial Results

CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. (NYSE: FDP), ("Fresh Del Monte" or the "Company") today reported financial results for the third quarter ended October 1, 2021. Financia...

Fresh Del Monte shares slide 3.6% premarket after profit miss amid higher costs and labor shortages

Fresh Del Monte Produce Inc. FDP, -0.44% said Wednesday it had net income of $1.3 million, or 3 cents a share, in the third quarter, down from $17.4 million, or 37 cents a share, in the year-earlier per...

Fresh Del Monte Announces Price Increases in Response to Inflationary Market

MIAMI--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. (NYSE: FDP), one of the world's largest leading vertically integrated producers, marketers, and distributors of high-quality, fresh produce, announce...

Fresh Del Monte Produce to Report Third Quarter 2021 Financial Results

CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. (NYSE: FDP), today announced that it will issue a press release on its third quarter of 2021 results prior to the market opening on Wedn...

Fresh Del Monte Further Commits to Sustainable Agriculture Practices, Speaking at World Biodiversity Summit

MIAMI--(BUSINESS WIRE)--Fresh Del Monte Produce Inc., one of the world's leading vertically integrated producers, distributors, and marketers of fresh and fresh-cut fruits and vegetables, announced toda...

Fresh Del Monte Produce Takes Bold Step Toward 2030 Sustainability Goals

MIAMI--(BUSINESS WIRE)--Fresh Del Monte Produce Inc., one of the world's largest leading vertically integrated producers, marketers, and distributors of high-quality, fresh produce, released today its 2...

Fresh Del Monte Produce Q2 Earnings Tops Estimates, Hikes Dividend

Fresh Del Monte Produce Inc (NYSE: FDP) reported second-quarter FY21 net sales growth of 4.5% year-on-year, to $1.14 billion, versus the analyst consensus of $1.15 billion. The sales growth was driven b...

Recap: Fresh Del Monte Produce Q2 Earnings

Shares of Fresh Del Monte Produce (NYSE:FDP) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share were up 81.48% over the past year to $0.98, which beat the es...

Fresh Del Monte profit more than doubles and top expectations as sales edge higher

Fresh Del Monte Products Inc. reported second-quarter profit that more than doubled, boosted by relaxed restrictions on social gatherings, and revenue that rose 5% as strength in fresh and value-added p...

Fresh Del Monte Produce Inc. Reports Second Quarter 2021 Financial Results

CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. Reports Second Quarter 2021 Financial Results

Fresh Del Monte Produce to Report Second Quarter 2021 Financial Results

CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. to Report Second Quarter 2021 Financial Results

Fresh Del Monte Partners with I Squared Capital as Part of Acceleration into New Digital Era, Driving Efficiency and ...

CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc., one of the world's leading vertically integrated producers, marketers and distributors of high-quality fresh and fresh-cut fruit and ve...

Fresh Del Monte Produce Welcomes New Board of Directors, Lori Tauber Marcus and Kristin Colber-Baker

CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc., one of the world's leading vertically integrated producers, marketers and distributors of high-quality fresh and fresh-cut fruit and ve...