Freshpet (NASDAQ:FRPT) Releases Quarterly Earnings Results, Meets Estimates

Freshpet (NASDAQ:FRPT) released its earnings results on Thursday. The company reported $0.36 EPS for the quarter, hitting the consensus estimate of $0.36, Zacks reports. Freshpet had a net margin of 4.75% and a return on equity of 3.67%. Freshpet updated its FY 2027 guidance to EPS and its FY 2025 guidance to EPS.

Freshpet Stock Down 17.0 %

Shares of Freshpet stock traded down $22.19 during trading on Thursday, reaching $108.38. The company had a trading volume of 2,138,412 shares, compared to its average volume of 756,737. 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 fifty-two week low of $87.87 and a fifty-two week high of $164.07. The firm’s fifty day moving average is $147.27 and its 200-day moving average is $143.32. The company has a market cap of $5.26 billion, a price-to-earnings ratio of 120.09 and a beta of 1.42.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Truist Financial boosted their price objective on shares of Freshpet from $160.00 to $170.00 and gave the company a “buy” rating in a research note on Tuesday, November 5th. StockNews.com cut shares of Freshpet from a “hold” rating to a “sell” rating in a research note on Wednesday, November 20th. Benchmark reissued a “buy” rating and set a $150.00 price objective on shares of Freshpet in a research note on Friday, November 1st. TD Cowen boosted their price objective on shares of Freshpet from $160.00 to $174.00 and gave the company a “buy” rating in a research note on Tuesday, November 5th. Finally, Oppenheimer lifted their target price on shares of 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 issued a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $164.29.

Insider Activity at Freshpet

In other Freshpet news, President Scott James Morris sold 5,000 shares of the company’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $157.38, for a total value of $786,900.00. Following the completion of the transaction, the president now owns 122,380 shares in the company, valued at approximately $19,260,164.40. This represents a 3.93 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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.