Vital Farms' (VITL) "Outperform" Rating Reiterated at Telsey Advisory Group

Telsey Advisory Group reiterated their outperform rating on shares of Vital Farms (NASDAQ:VITL - Free Report) in a research report released on Friday,Benzinga reports. Telsey Advisory Group currently has a $52.00 price objective on the stock. Telsey Advisory Group also issued estimates for Vital Farms' Q1 2025 earnings at $0.27 EPS, Q2 2025 earnings at $0.28 EPS, Q3 2025 earnings at $0.26 EPS, FY2025 earnings at $1.25 EPS, FY2026 earnings at $1.50 EPS and FY2027 earnings at $1.90 EPS.

VITL has been the topic of a number of other research reports. Stifel Nicolaus raised Vital Farms from a "hold" rating to a "buy" rating and set a $44.00 target price on the stock in a report on Friday. TD Cowen upped their price target on shares of Vital Farms from $41.00 to $45.00 and gave the company a "buy" rating in a research report on Wednesday, January 8th. Craig Hallum initiated coverage on shares of Vital Farms in a report on Friday, December 20th. They issued a "buy" rating and a $50.00 price objective on the stock. Finally, Jefferies Financial Group reduced their target price on shares of Vital Farms from $45.00 to $41.00 and set a "buy" rating for the company in a report on Monday, November 11th. Eight analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $44.57.

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Vital Farms Stock Down 1.3 %

NASDAQ VITL traded down $0.40 during mid-day trading on Friday, reaching $31.15. The stock had a trading volume of 1,248,798 shares, compared to its average volume of 959,316. The stock has a market cap of $1.36 billion, a PE ratio of 27.81 and a beta of 0.90. Vital Farms has a 1 year low of $18.12 and a 1 year high of $48.41. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.24 and a quick ratio of 2.81. The company has a fifty day moving average price of $38.55 and a 200 day moving average price of $35.72.

Vital Farms (NASDAQ:VITL - Get Free Report) last issued its earnings results on Thursday, February 27th. The company reported $0.23 earnings per share for the quarter, topping analysts' consensus estimates of $0.15 by $0.08. The business had revenue of $165.99 million during the quarter, compared to analyst estimates of $160.32 million. Vital Farms had a return on equity of 22.29% and a net margin of 8.68%. On average, research analysts expect that Vital Farms will post 1.11 earnings per share for the current year.

Insider Activity at Vital Farms

In related news, CEO Russell Diez-Canseco sold 44,728 shares of the firm's stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $37.66, for a total transaction of $1,684,456.48. Following the completion of the sale, the chief executive officer now directly owns 613,797 shares of the company's stock, valued at approximately $23,115,595.02. This trade represents a 6.79 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Matthew Ohayer sold 24,000 shares of the stock in a transaction on Thursday, December 19th. The stock was sold at an average price of $38.19, for a total value of $916,560.00. Following the completion of the sale, the insider now owns 7,038,890 shares in the company, valued at approximately $268,815,209.10. The trade was a 0.34 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 190,202 shares of company stock worth $7,855,957. Insiders own 27.60% of the company's stock.

Hedge Funds Weigh In On Vital Farms

A number of hedge funds have recently added to or reduced their stakes in VITL. Wellington Management Group LLP boosted its holdings in shares of Vital Farms by 417.8% in the fourth quarter. Wellington Management Group LLP now owns 2,431,024 shares of the company's stock valued at $91,625,000 after purchasing an additional 1,961,550 shares during the period. Principal Financial Group Inc. boosted its position in Vital Farms by 78.7% during the fourth quarter. Principal Financial Group Inc. now owns 1,171,950 shares of the company's stock valued at $44,172,000 after purchasing an additional 516,139 shares in the last quarter. Lord Abbett & CO. LLC boosted its position in Vital Farms by 64.6% during the fourth quarter. Lord Abbett & CO. LLC now owns 1,058,753 shares of the company's stock valued at $39,904,000 after purchasing an additional 415,614 shares in the last quarter. Emerald Advisers LLC grew its stake in Vital Farms by 106.8% in the third quarter. Emerald Advisers LLC now owns 706,440 shares of the company's stock valued at $24,775,000 after purchasing an additional 364,837 shares during the last quarter. Finally, Jupiter Asset Management Ltd. raised its holdings in Vital Farms by 96.3% in the fourth quarter. Jupiter Asset Management Ltd. now owns 628,709 shares of the company's stock worth $23,696,000 after purchasing an additional 308,425 shares in the last quarter. 98.59% of the stock is currently owned by institutional investors.

Vital Farms Company Profile

Vital Farms, Inc, a food company, provides pasture-raised products in the United States. It offers shell eggs, butter, hard-boiled eggs, and liquid whole eggs. The company was founded in 2007 and is headquartered in Austin, Texas.