Freshpet (FRPT) to Announce Earnings on Thursday

Freshpet (NASDAQ:FRPT - Get Free Report) is expected to issue its Q4 2024 quarterly earnings data before the market opens on Thursday, February 20th. Analysts expect the company to announce earnings of $0.36 per share and revenue of $263.97 million for the quarter. Freshpet has set its FY 2027 guidance at EPS and its FY 2025 guidance at EPS.Parties that are interested in registering for the company's conference call can do so using this link.

Freshpet (NASDAQ:FRPT - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.36 EPS for the quarter, hitting analysts' consensus estimates of $0.36. Freshpet had a return on equity of 3.67% and a net margin of 4.75%. On average, analysts expect Freshpet to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Freshpet Trading Down 18.5 %

Shares of Freshpet stock traded down $24.18 during trading hours on Thursday, reaching $106.39. The stock had a trading volume of 4,946,860 shares, compared to its average volume of 848,323. Freshpet has a 1 year low of $87.87 and a 1 year high of $164.07. The firm has a 50 day simple moving average of $147.27 and a two-hundred day simple moving average of $143.32. The company has a current ratio of 4.72, a quick ratio of 3.91 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $5.16 billion, a price-to-earnings ratio of 119.54 and a beta of 1.42.

Analyst Ratings Changes

Several research firms have recently issued reports on FRPT. JPMorgan Chase & Co. increased their price objective on shares of Freshpet from $126.00 to $154.00 and gave the stock a "neutral" rating in a research report on Tuesday, November 5th. Benchmark reissued a "buy" rating and set a $150.00 price target on shares of Freshpet in a research report on Friday, November 1st. TD Cowen boosted their price objective on shares of Freshpet from $160.00 to $174.00 and gave the stock a "buy" rating in a report on Tuesday, November 5th. DA Davidson increased their target price on Freshpet from $183.00 to $189.00 and gave the company a "buy" rating in a research note on Tuesday, November 5th. Finally, Stifel Nicolaus increased their price objective on shares of Freshpet from $155.00 to $165.00 and gave the company a "buy" rating in a research note on Wednesday, November 6th. One analyst has rated the stock with a sell rating, two have issued a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat, the stock 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 Freshpet stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $157.38, for a total value of $786,900.00. Following the transaction, the president now owns 122,380 shares in the company, valued at approximately $19,260,164.40. The trade was a 3.93 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 3.70% of the company's stock.

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.