Press coverage about Fresh Del Monte Produce (NYSE:FDP) has trended somewhat positive on Sunday, Accern reports. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Fresh Del Monte Produce earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.5724519083491 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news stories that may have impacted Accern Sentiment Analysis’s scoring:
- Fresh Del Monte Produce Inc. (FDP)- Limelight on Stocks’ Ownership: MediWound Ltd. (MDWD) – Wallstreet Investorplace (wallstreetinvestorplace.com)
- Fresh Del Monte Produce Inc. (FDP) Standout Insider Ownership of 36.52%- Paylocity Holding Corporation (PCTY) – Wallstreet Investorplace (wallstreetinvestorplace.com)
- Stock in Focus: Fresh Del Monte Produce Inc. (NYSE:FDP) – Lockport Press (lockportpress.com)
- Fresh Del Monte Produce, Inc. (FDP) Set to Announce Quarterly Earnings on Monday (americanbankingnews.com)
Shares of Fresh Del Monte Produce (NYSE:FDP) traded up 1.09% during mid-day trading on Friday, hitting $49.20. The stock had a trading volume of 202,067 shares. The stock has a market cap of $2.47 billion, a P/E ratio of 15.64 and a beta of 0.42. The firm has a 50 day moving average of $46.87 and a 200-day moving average of $50.48. Fresh Del Monte Produce has a one year low of $45.32 and a one year high of $66.86.
Fresh Del Monte Produce (NYSE:FDP) last released its earnings results on Tuesday, August 1st. The company reported $1.40 earnings per share for the quarter, missing the consensus estimate of $1.55 by ($0.15). The firm had revenue of $1.15 billion during the quarter. Fresh Del Monte Produce had a net margin of 3.99% and a return on equity of 10.23%. Fresh Del Monte Produce’s quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.75 EPS. Equities research analysts expect that Fresh Del Monte Produce will post $3.88 earnings per share for the current fiscal year.
In related news, insider Youssef Zakharia sold 555 shares of Fresh Del Monte Produce stock in a transaction that occurred on Friday, August 4th. The stock was sold at an average price of $49.77, for a total transaction of $27,622.35. Following the transaction, the insider now owns 3,383 shares in the company, valued at $168,371.91. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Emanuel Lazopoulos sold 741 shares of Fresh Del Monte Produce stock in a transaction that occurred on Friday, August 4th. The stock was sold at an average price of $49.77, for a total value of $36,879.57. Following the transaction, the senior vice president now owns 5,767 shares in the company, valued at approximately $287,023.59. The disclosure for this sale can be found here. In the last 90 days, insiders sold 55,189 shares of company stock worth $2,692,266. Company insiders own 36.90% of the company’s stock.
Fresh Del Monte Produce Company Profile
Fresh Del Monte Produce Inc is a holding company. The Company, through its subsidiaries, is engaged in sourcing, transportation and marketing of fresh and fresh-cut produce together with prepared food products in Europe, Africa and the Middle East. Its operations are aggregated into business segments on the basis of its products: bananas, other fresh produce and prepared food.
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