Diversey Holdings Ltd. (NASDAQ:DSEY) remained unchanged to $5.72 after subtracting $0.0 on Tuesday. The 5-day average trading volume is 319,780 shares of the company’s common stock. It has gained $5.86 in the past week and touched a new high 3 times within the past 5 days. An average of 373,475 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 531,150.
DSEY’s 1-month performance is 30.00% or $1.38 on its low of $4.04 reached on 12/29/22. The company’s shares have touched a 52-week low of $3.95 and high of $11.68, with the stock’s rally to the 52-week high happening on 01/24/23. YTD, DSEY has achieved 34.27% or $1.48 and has reached a new high 11 times. However, the current price is down -51.03% from the 52-week high price.
Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.66 while the price-to-book (PB) in the most recent quarter is 2.75.
Diversey Holdings Ltd.’s quick ratio for the period ended September 29 was 0.90, with the current ratio over the same period at 1.40. As well, the company’s long term debt to equity for the quarter ending September 29 was 2.96, while the total debt to equity was 2.98. In terms of profitability, the gross margin trailing 12 months is 35.00%. The firm’s gross profit as reported stood at $1.02 billion against revenue of $2.62 billion.
For the quarterly period ending September 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income shrunk -15.34% to -$36.5 million, while revenue of -$34.2 million was 6.3% off the previous quarter. Analysts expected DSEY to announce $0.09 per share in earnings in its latest quarter, but it posted $0.09, representing a 0.00% surprise. EBITDA for the quarter stood at more than $23.1 million. DSEY stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 3.48 billion, with total debt at $2.11 billion. Shareholders hold equity totaling $324.32 million.
Let’s look briefly at Diversey Holdings Ltd. (DSEY) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 23 January was 75.45% to suggest the stock is trending Overbought, with historical volatility in this time period at 36.13%.
The stock’s 5-day moving average is $5.48, reflecting a +5.90% or $0.32 change from its current price. DSEY is currently trading +31.65% above its 20-day SMA, -7.27% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +8.30% and SMA200 by-25.36%.
Stochastic %K and %D was 94.55% and 90.47% and the average true range (ATR) pointed at 0.29. The RSI (14) points at 68.33%, while the 14-day stochastic is at 92.21% with the period’s ATR at 0.29. The stock’s 9-day MACD Oscillator is pointing at 0.28 and 0.51 on the 14-day charts.
In the most recent analyst report for Diversey Holdings Ltd. (NASDAQ: DSEY), BMO Capital Markets launched coverage with a Market perform rating. Analysts offering their rating for DSEY stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate DSEY as a “sell,”, while 7 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 4 have offered a “buy” rating.
What is DSEY’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $5.00 and a high of $9.00, with their median price target at $6.35. Looking at these predictions, the average price target given by analysts is for Diversey Holdings Ltd. (DSEY) stock is $6.80.