Vital Farms (NASDAQ:VITL) Announces Quarterly Earnings Results, Beats Estimates By $0.08 EPS

Vital Farms (NASDAQ:VITL - Get Free Report) released its quarterly earnings results on Thursday. The company reported $0.23 EPS for the quarter, beating the consensus estimate of $0.15 by $0.08, Zacks reports. Vital Farms had a net margin of 8.68% and a return on equity of 22.29%. The business had revenue of $165.99 million for the quarter, compared to analyst estimates of $160.32 million. Vital Farms updated its FY 2025 guidance to EPS.

Vital Farms Trading Down 4.1 %

VITL traded down $1.36 during midday trading on Monday, hitting $31.75. The company's stock had a trading volume of 1,236,931 shares, compared to its average volume of 955,351. Vital Farms has a 52-week low of $18.12 and a 52-week high of $48.41. The firm has a 50-day moving average price of $38.69 and a two-hundred day moving average price of $35.72. The company has a current ratio of 3.24, a quick ratio of 2.81 and a debt-to-equity ratio of 0.04. The firm has a market cap of $1.39 billion, a P/E ratio of 28.61 and a beta of 0.90.

Insider Transactions at Vital Farms

In other news, CMO Kathryn Mckeon sold 12,300 shares of the business's stock in a transaction on Monday, January 13th. The shares were sold at an average price of $42.08, for a total transaction of $517,584.00. Following the completion of the sale, the chief marketing officer now directly owns 46,203 shares of the company's stock, valued at $1,944,222.24. The trade was a 21.02 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Russell Diez-Canseco sold 44,728 shares of the stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $37.66, for a total value of $1,684,456.48. Following the completion of the transaction, the chief executive officer now directly owns 613,797 shares in the company, valued at $23,115,595.02. This trade represents a 6.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 190,202 shares of company stock worth $7,855,957 in the last three months. Company insiders own 27.60% of the company's stock.

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Wall Street Analysts Forecast Growth

VITL has been the topic of a number of analyst reports. Jefferies Financial Group lowered their target price on Vital Farms from $45.00 to $41.00 and set a "buy" rating on the stock in a report on Monday, November 11th. Telsey Advisory Group reaffirmed an "outperform" rating and set a $52.00 price objective on shares of Vital Farms in a research note on Friday. Stifel Nicolaus raised shares of Vital Farms from a "hold" rating to a "buy" rating and set a $44.00 target price for the company in a research note on Friday. TD Cowen raised their price target on shares of Vital Farms from $41.00 to $45.00 and gave the stock a "buy" rating in a research note on Wednesday, January 8th. Finally, Craig Hallum initiated coverage on shares of Vital Farms in a report on Friday, December 20th. They set a "buy" rating and a $50.00 price target for the company. Eight research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of $44.57.

About Vital Farms

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.