Freshpet (FRPT) Stock Price, News & Analysis

Company Overview

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. The company was incorporated in 2004 and is headquartered in Secaucus, New Jersey.

Key Stats

• Today's Range: $154.94 to $158.42
• 50-Day Range: $132.54 to $156.76
• 52-Week Range: $68.22 to $160.91
• Volume: 343,724 shs
• Average Volume: 581,753 shs
• Market Capitalization: $7.57 billion
• P/E Ratio: 175.19
• Dividend Yield: N/A
• Price Target: $157.80
• Consensus Rating: Moderate Buy

Freshpet Stock Analysis - MarketRank™

Freshpet scored higher than 63% of companies evaluated by MarketBeat, and ranked 74th out of 139 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Freshpet has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 12 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Freshpet has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 68.97%

Earnings Growth

Earnings for Freshpet are expected to grow by 68.97% in the coming year, from $0.87 to $1.47 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Freshpet is 175.19, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 129.87.

Price to Earnings Ratio vs. Sector

The P/E ratio of Freshpet is 175.19, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 24.20.

Price to Book Value per Share Ratio

Freshpet has a P/B Ratio of 7.89. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

10.34% of the outstanding shares of Freshpet have been sold short.

Short Interest Ratio / Days to Cover

Freshpet has a short interest ratio ("days to cover") of 9.8.

Change versus previous month

Short interest in Freshpet has recently increased by 1.83%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Freshpet does not currently pay a dividend.

Dividend Growth

Freshpet does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 0.9 / 5
• Environmental Score: -3.54

Percentage of Shares Shorted

10.34% of the outstanding shares of Freshpet have been sold short.

Short Interest Ratio / Days to Cover

Freshpet has a short interest ratio ("days to cover") of 9.8.

Change versus previous month

Short interest in Freshpet has recently increased by 1.83%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.6 / 5
• News Sentiment: 1.42

News Sentiment

Freshpet has a news sentiment score of 1.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.69 average news sentiment score of Consumer Staples companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Freshpet this week, compared to 7 articles on an average week.

Search Interest

Only 8 people have searched for FRPT on MarketBeat in the last 30 days. This is a decrease of -11% compared to the previous 30 days.

MarketBeat Follows

10 people have added Freshpet to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Freshpet insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $689,567.00 in company stock.

Percentage Held by Insiders

Only 3.70% of the stock of Freshpet is held by insiders.

FRPT Stock Analysis - Frequently Asked Questions

How have FRPT shares performed this year?

Freshpet's stock was trading at $86.76 on January 1st, 2024. Since then, FRPT shares have increased by 79.7% and is now trading at $155.92.
View the best growth stocks for 2024 here.

How were Freshpet's earnings last quarter?

Freshpet, Inc. (NASDAQ:FRPT) posted its quarterly earnings data on Monday, November, 4th. The company reported $0.24 EPS for the quarter, topping the consensus estimate of $0.14 by $0.10. The company's revenue for the quarter was up 26.3% compared to the same quarter last year.

Who are Freshpet's major shareholders?

Top institutional investors of Freshpet include WCM Investment Management LLC (5.72%), Wellington Management Group LLP (5.21%), Wasatch Advisors LP (4.31%) and Champlain Investment Partners LLC (3.59%). Insiders that own company stock include Scott James Morris, Stephen Macchiaverna, Walter N George, Cathal Walsh, Thembeka Machaba, William B Cyr, Charles A Norris and Stephen Weise.
View institutional ownership trends.

How do I buy shares of Freshpet?

Shares of FRPT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Freshpet own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Freshpet investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), AUO (AUOTY) and DiamondRock Hospitality (DRH).

Company Calendar

• Last Earnings: 11/04/2024
• Today: 11/26/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/24/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Staples
• Industry: Grain mill products
• Sub-Industry: Food Products
• Current Symbol: NASDAQ:FRPT
• CUSIP: N/A
• CIK: 1611647
• Web: www.freshpet.com
• Phone: (201) 520-4000
• Fax: N/A
• Employees: 1,083
• Year Founded: 2006

Price Target and Rating

• Average Stock Price Target: $157.80
• High Stock Price Target: $189.00
• Low Stock Price Target: $80.00
• Potential Upside/Downside: +1.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.80
• Research Coverage: 15 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.89
• Trailing P/E Ratio: 175.19
• Forward P/E Ratio: 179.22
• P/E Growth: N/A
• Net Income: $-33,610,000.00
• Net Margins: 4.75%
• Pretax Margin: 4.77%
• Return on Equity: 3.67%
• Return on Assets: 2.42%

Debt

• Debt-to-Equity Ratio: 0.41
• Current Ratio: 4.72
• Quick Ratio: 3.91

Sales & Book Value

• Annual Sales: $927.89 million
• Price / Sales: 8.16
• Cash Flow: $0.60 per share
• Price / Cash Flow: 261.11
• Book Value: $19.76 per share
• Price / Book: 7.89

Miscellaneous

• Outstanding Shares: 48,537,000
• Free Float: 46,741,000
• Market Cap: $7.57 billion
• Optionable: Optionable
• Beta: 1.39