Freshpet (NASDAQ:FRPT) Issues Earnings Results

Freshpet (NASDAQ:FRPT) issued its quarterly earnings results on Thursday. The company reported $0.36 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.36, Zacks reports. 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 Stock Down 17.4 %

Shares of NASDAQ:FRPT traded down $22.66 during midday trading on Thursday, hitting $107.91. 1,728,560 shares of the stock were exchanged, compared to its average volume of 745,534. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.91 and a current ratio of 4.72. Freshpet has a 52-week low of $87.87 and a 52-week high of $164.07. The business’s fifty day simple moving average is $147.27 and its two-hundred day simple moving average is $143.32. The company has a market capitalization of $5.24 billion, a PE ratio of 121.66 and a beta of 1.42.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. TD Cowen increased their price target on Freshpet from $160.00 to $174.00 and gave the company a “buy” rating in a research note on Tuesday, November 5th. Benchmark reissued a “buy” rating and set a $150.00 price objective on shares of Freshpet in a research note on Friday, November 1st. Citigroup reduced their price objective on Freshpet from $155.00 to $142.00 and set a “neutral” rating for the company in a research note on Wednesday, February 12th. StockNews.com lowered Freshpet from a “hold” rating to a “sell” rating in a report on Wednesday, November 20th. Finally, Oppenheimer increased their target price on Freshpet from $155.00 to $180.00 and gave the company an “outperform” rating in a report on Thursday, November 14th. One analyst has rated the stock with a sell rating, two have given a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $164.29.

Insider Buying and Selling

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

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.