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FDP / Fresh Del Monte Looks Like A Healthy Opportunity At Only 0.6x P/B

Fresh Del Monte's Q2 results show a record cash balance of $43.8 million, with gross profits up 45% to $116.8 million. The recent rise in gross margins was driven by higher banana profitability in the first half of the year, but long-term results show good shareholder returns and increasing trends. Trading at a P/B value of 0.60x and earning average ROE of 7.4% since 2011, this would yield a 12.4% investors' adjusted ROE at the current share price. Read More

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FDP

Posted: Sep 18 2023, 21:41

Author Name: Seeking Alpha

FDP News

By Seeking Alpha
November 1, 2023

Fresh Del Monte Produce's (FDP) Q3 2023 Earnings Call Transcript

Fresh Del Monte Produce, Inc. (NYSE:FDP ) Q3 2023 Earnings Conference Call November 1, 2023 10:00 AM ET Company Participants Claudia Pou - Vice Presid

By Market Watch
November 1, 2023

Fresh Del Monte's stock slides premarket after earnings fall short of estimates

Fresh Del Monte Produce Inc.'s stock FDP tumbled premarket Wednesday, after the distributor of fresh fruit and vegetables posted earnings that fell sh

By Seeking Alpha
September 18, 2023

Fresh Del Monte Looks Like A Healthy Opportunity At Only 0.6x P/B

Fresh Del Monte's Q2 results show a record cash balance of $43.8 million, with gross profits up 45% to $116.8 million. The recent rise in gross margin

By Seeking Alpha
August 2, 2023

Fresh Del Monte Produce Inc. (FDP) Q2 2023 Earnings Call Transcript

Fresh Del Monte Produce Inc. (NYSE:FDP ) Q2 2023 Earnings Conference Call August 2, 2023 10:00 AM ET Company Participants Claudia Pou - Vice President

By Market Watch
August 2, 2023

Fresh Del Monte sales decline, as lower avocado prices and decline in non-tropical fruit demand weigh

Fresh Del Monte Produce Inc. FDP, -0.45% reported Wednesday second-quarter profit that increased from a year ago but revenue that fell, as lower avoca

By Business Wire
July 26, 2023

Fresh Del Monte Produce Inc. to Report Second Quarter 2023 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 second quarte

By Seeking Alpha
May 3, 2023

Fresh Del Monte Produce Inc. (FDP) Q1 2023 Earnings Call Transcript

Fresh Del Monte Produce Inc. (NYSE:FDP ) Q1 2023 Earnings Conference Call May 3, 2023 10:00 AM ET Company Participants Claudia Pou - Vice President, C

By Business Wire
April 26, 2023

Fresh Del Monte Produce Inc. to Report First Quarter 2023 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

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