Freshpet (NASDAQ:FRPT) Announces Quarterly Earnings Results

Freshpet (NASDAQ:FRPT) released its earnings results on Thursday. The company reported $0.36 EPS for the quarter, meeting the consensus estimate of $0.36, Zacks reports. The firm had revenue of $262.71 million for the quarter, compared to analysts’ expectations of $275.46 million. Freshpet had a return on equity of 3.67% and a net margin of 4.75%. Freshpet updated its FY 2027 guidance to EPS and its FY 2025 guidance to EPS.

Freshpet Price Performance

Shares of FRPT stock traded down $6.53 on Friday, hitting $99.87. 1,685,380 shares of the company’s stock were exchanged, compared to its average volume of 871,474. The company has a debt-to-equity ratio of 0.41, a current ratio of 4.72 and a quick ratio of 3.91. Freshpet has a 12 month low of $89.15 and a 12 month high of $164.07. The stock has a market cap of $4.85 billion, a P/E ratio of 112.47 and a beta of 1.42. The company has a 50 day moving average of $146.48 and a 200 day moving average of $143.06.

Insider Buying and Selling

In related news, President Scott James Morris sold 5,000 shares of the company’s stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $157.38, for a total transaction of $786,900.00. Following the completion of the sale, the president now directly owns 122,380 shares in the company, valued at $19,260,164.40. This represents a 3.93 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 3.70% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on FRPT. Deutsche Bank Aktiengesellschaft boosted their price target on Freshpet from $161.00 to $163.00 and gave the stock a “buy” rating in a research report on Tuesday, November 5th. DA Davidson boosted their target price on Freshpet from $183.00 to $189.00 and gave the stock a “buy” rating in a report on Tuesday, November 5th. JPMorgan Chase & Co. boosted their target price on Freshpet from $126.00 to $154.00 and gave the stock a “neutral” rating in a report on Tuesday, November 5th. Stifel Nicolaus decreased their target price on Freshpet from $165.00 to $155.00 and set a “buy” rating on the stock in a report on Friday. Finally, Truist Financial upped their price objective on Freshpet from $160.00 to $170.00 and gave the company a “buy” rating in a report on Tuesday, November 5th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $161.93.

Freshpet Company Profile

Freshpet, Inc, together with its subsidiaries, manufactures, distributes, and markets natural fresh meals and treats for dogs and cats in the United States, Canada, and Europe. It sells dog food, cat food, and dog treats under the Freshpet brand name; and Dognation and Dog Joy labels through various classes of retail, including grocery, mass, club, pet specialty, and natural, as well as online.