Diversey Holdings Ltd. (NASDAQ:DSEY) shares traded 5.34% higher at $5.72 on Wall Street last session.
In accordance with the data, 12 analysts cover Diversey Holdings Ltd. (NASDAQ:DSEY). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $9.00 and a low of $5.00, we find $6.35. Given the previous closing price of $5.43, this indicates a potential upside of 16.94 percent. DSEY stock price is now 15.80% away from the 50-day moving average and -10.96% away from the 200-day moving average. The market capitalization of the company currently stands at $1.81B.
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It has been rated a hold by 7 analysts and a buy by 4. Brokers who have rated the stock have averaged $6.80 as their price target over the next twelve months.
With the price target of $5.80, BMO Capital Markets recently initiated with Market Perform rating for Diversey Holdings Ltd. (NASDAQ: DSEY)., while ‘Jefferies’ rates the stock as ‘Hold’.
In other news, FOSS ERIC J, Director bought 121,210 shares of the company’s stock on May 13. The stock was bought for $1,050,782 at an average price of $8.67. Upon completion of the transaction, the Director now directly owns 121,210 shares in the company, valued at $0.69 million. A total of 3.04% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in DSEY stock. A new stake in Diversey Holdings Ltd. shares was purchased by HILL CITY CAPITAL, LP during the first quarter worth $10,353,000. ALYESKA INVESTMENT GROUP, L.P. invested $4,004,000 in shares of DSEY during the first quarter. In the first quarter, PHILOSOPHY CAPITAL MANAGEMENT LLC acquired a new stake in Diversey Holdings Ltd. valued at approximately $2,766,000. VERSOR INVESTMENTS LP acquired a new stake in DSEY for approximately $1,089,000. GYON TECHNOLOGIES CAPITAL MANAGEMENT, LP purchased a new stake in DSEY valued at around $835,000 in the second quarter. In total, there are 168 active investors with 96.20% ownership of the company’s stock.
Diversey Holdings Ltd. (NASDAQ: DSEY) opened at $5.45 on Monday. During the past 12 months, Diversey Holdings Ltd. has had a low of $3.95 and a high of $11.68. As of last week, the company has a debt-to-equity ratio of 2.98, a current ratio of 1.40, and a quick ratio of 0.90. The fifty day moving average price for DSEY is $4.94 and a two-hundred day moving average price translates $6.42 for the stock.
The latest earnings results from Diversey Holdings Ltd. (NASDAQ: DSEY) was released for Jun, 2022. According to the Personal Services Company, earnings per share came in at $0.09, inline with analysts’ expectations of $0.09. This compares to -$0.14 EPS in the same period last year. The net profit margin was -5.30% and return on equity was -19.70% for DSEY. The company reported revenue of $689.0 million for the quarter, compared to $664.9 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.62 percent. For the current quarter, analysts expect DSEY to generate $713.12M in revenue.
Diversey Holdings Ltd.(DSEY) Company Profile
Diversey Holdings, Ltd., through its subsidiaries, provides infection prevention and cleaning solutions worldwide. It operates in two segments, Institutional, and Food & Beverage. The Institutional segment offers products, solutions, equipment, and machines, including infection prevention and personal care products, floor and building care chemicals, kitchen and mechanical ware wash chemicals and machines, dosing and dispensing equipment, and floor care machines, as well as engineering, consulting, and training services related to productivity management, water and energy management, and risk management. This segment serves customers in the healthcare, education, food service, retail and grocery, hospitality, and building service contractors industries. The Food & Beverage segment provides a range of products, solutions, equipment, and machines, such as chemical products, engineering and equipment solutions, knowledge-based services, training through its Diversey Hygiene Academy, and water treatment. This segment serves customers in the brewing, beverage, dairy, processed foods, pharma, and agriculture industries. Diversey Holdings, Ltd. was founded in 1923 and is headquartered in Fort Mill, South Carolina.
