Fresh Del Monte Produce, Inc. (NYSE:FDP)

CAPS Rating: 4 out of 5

The Company is engaged in the production, transportation, distribution, and marketing of fresh and fresh-cut produce together with prepared food products in Europe, the Middle East and Africa.

Recs

0
Player Avatar bes0m3b0dy (80.41) Submitted: 1/29/2013 9:44:55 PM : Outperform Start Price: $27.37 FDP Score: -3.28

Trading below book value, 35% insider ownership, thoughtful capital allocation (share repurchases in 2009/2010, institution of dividend), cost cutting, good position to ride trend toward healthier eating, top player with brand to sustain market share

Note: no share repurchases in past 3 quarters though

Member Avatar bes0m3b0dy (80.41) Submitted: 3/17/2013 1:25:22 PM
Recs: 0

Approximately fairly priced at small premium to earnings power valuation. Not much gain to be foreseen unless the stock falls below $20-24.

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