Is Dole PLC (DOLE) Stock Trading Below Fair Value?

Dole PLC (DOLE) receives a strong valuation ranking of 93 from InvestorsObserver data analysis. The proprietary ranking system focuses on the underlying health of a company through analysis of its stock price, earnings, and growth rate. DOLE has a better value than 93% of stocks based on these valuation analytics. Investors primarily focused on buy-and-hold strategies will find the valuation ranking relevant to their goals when making investment decisions.

DOLE gets a 93 Valuation Rank today. Find out what this means to you and get the rest of the rankings on DOLE!

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Metrics Analysis

DOLE has a trailing twelve month Price to Earnings (PE) ratio of 13.11. The historical average of roughly 15 shows a average value for DOLE stock as investors are paying fair share prices relative to the company's earnings. DOLE's average trailing PE ratio shows that the firm has been trading around its fair market value recently. Its trailing 12-month earnings per share (EPS) of 0.91 justifies the stock's current price. However, trailing PE ratios do not factor in the company's projected growth rate, resulting in many newer firms having high PE ratios due to high growth potential enticing investors despite inadequate earnings. DOLE currently has a 12-month-forward-PE-to-Growth (PEG) ratio of 0.92. The market is currently fairly valuing DOLE in relation to its projected growth due to the PEG ratio being around the fair market value of 1. DOLE's PEG comes from its forward price to earnings ratio being divided by its growth rate. Because PEG ratios include more fundamentals of a company's overall health with additional focus on the future, they are one of the most used valuation metrics by analysts.

Summary

All together these valuation metrics paint a pretty adequate picture for DOLE at its current price due to a fairly valued PEG ratio despite strong growth. The PE and PEG for DOLE are around the average of the market resulting in a valuation score of 93. Click Here to get the full Report on Dole PLC (DOLE) stock.