Diversey Holdings Ltd. (NASDAQ:DSEY) has seen 0.53 million shares traded in the recent trading session. The company, currently valued at $1.81B, closed the recent trade at $5.73 per share which meant it gained $0.01 on the day or 0.17% during that session. The DSEY stock price is -103.84% off its 52-week high price of $11.68 and 31.06% above the 52-week low of $3.95. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.31 million shares traded. The 3-month trading volume is 566.15K shares.
The consensus among analysts is that Diversey Holdings Ltd. (DSEY) is an Overweight stock at the moment, with a recommendation rating of 2.50. 0 analysts rate the stock as a Sell, while 1 rate it as Overweight. 7 out of 12 have rated it as a Hold, with 4 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is $0.09.
Diversey Holdings Ltd. (NASDAQ:DSEY) trade information
Sporting 0.17% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Monday, 01/23/23 when the DSEY stock price touched $5.73 or saw a rise of 2.22%. Year-to-date, Diversey Holdings Ltd. shares have moved 34.27%, while the 5-day performance has seen it change 10.00%. Over the past 30 days, the shares of Diversey Holdings Ltd. (NASDAQ:DSEY) have changed 30.00%. Short interest in the company has seen 3.8 million shares shorted with days to cover at 5.1.
Wall Street analysts have a consensus price target for the stock at $6.80, which means that the shares’ value could jump 15.74% from the levels at last check today. The projected low price target is $5.00 while the price target rests at a high of $9.00. In that case, then, we find that the latest price level in today’s session is -57.07% off the targeted high while a plunge would see the stock lose 12.74% from the levels at last check today.
Diversey Holdings Ltd. (DSEY) estimates and forecasts
Figures show that Diversey Holdings Ltd. shares have underperformed across the wider relevant industry. The company’s shares have lost -20.89% over the past 6 months, with this year growth rate of -38.46%, compared to 3.70% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2023 fiscal year revenue. Growth estimates for the current quarter are -10.00% and -6.30% for the next quarter. Revenue growth from the last financial year stood is estimated to be 7.40%.
7 analysts offering their estimates for the company have set an average revenue estimate of $713.12 million for the current quarter. 7 have an estimated revenue figure of $724.61 million for the next quarter concluding in Dec 2022. Year-ago sales stood $689.19 million and $672.4 million respectively for this quarter and the next, and analysts expect sales will grow by 3.50% for the current quarter and 7.80% for the next.
Earnings growth for 2023 is a modest -375.30% while over the next 5 years, the company’s earnings are expected to decrease by -8.40%.
Diversey Holdings Ltd. is expected to release its next earnings report between March 07 and March 13 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Diversey Holdings Ltd. (NASDAQ:DSEY)’s Major holders
Insiders own 3.25% of the company shares, while shares held by institutions stand at 96.61% with a share float percentage of 99.86%. Investors are also buoyed by the number of investors in a company, with Diversey Holdings Ltd. having a total of 168 institutions that hold shares in the company. The top two institutional holders are Bain Capital Investors, LLC with over 236.56 million shares worth more than $1.56 billion. As of Jun 29, 2022, Bain Capital Investors, LLC held 72.95% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 13.08 million shares as of Jun 29, 2022. The firm’s total holdings are worth over $86.34 million and represent 4.03% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are MFS Series Trust XIII-MFS New Discovery Value Fund and JP Morgan Small Cap Equity Fund. As of Aug 30, 2022, the former fund manager holds about 1.97% shares in the company for having 6.39 million shares of worth $39.19 million while later fund manager owns 3.36 million shares of worth $22.17 million as of Jun 29, 2022, which makes it owner of about 1.04% of company’s outstanding stock.