Vital Farms’ (VITL) Outperform Rating Reaffirmed at Telsey Advisory Group

Telsey Advisory Group reiterated their outperform rating on shares of Vital Farms (NASDAQ:VITL) in a report published on Friday,Benzinga reports. They currently have 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.

Several other research analysts have also weighed in on VITL. Jefferies Financial Group dropped their price objective on shares of Vital Farms from $45.00 to $41.00 and set a “buy” rating on the stock in a research note on Monday, November 11th. TD Cowen upped their price objective on shares of Vital Farms from $41.00 to $45.00 and gave the company a “buy” rating in a research note on Wednesday, January 8th. Craig Hallum assumed coverage on shares of Vital Farms in a research note on Friday, December 20th. They issued a “buy” rating and a $50.00 price objective on the stock. Finally, 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 report on Friday. Eight equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Vital Farms has an average rating of “Buy” and an average target price of $44.57.

Vital Farms Stock Up 7.5 %

VITL stock opened at $33.11 on Friday. Vital Farms has a 52-week low of $17.55 and a 52-week high of $48.41. The company’s 50 day simple moving average is $38.69 and its 200-day simple moving average is $35.65. 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 firm has a market capitalization of $1.45 billion, a P/E ratio of 29.56 and a beta of 0.90.

Vital Farms (NASDAQ:VITL) last released its quarterly earnings data on Thursday, February 27th. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.08. The firm had revenue of $165.99 million for the quarter, compared to analyst estimates of $160.32 million. Vital Farms had a net margin of 8.68% and a return on equity of 22.29%. As a group, equities research analysts anticipate that Vital Farms will post 1.11 EPS for the current year.

Insiders Place Their Bets

In related news, insider Matthew Ohayer sold 24,000 shares of the company’s stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $43.19, for a total transaction of $1,036,560.00. Following the completion of the sale, the insider now directly owns 7,014,890 shares of the company’s stock, valued at approximately $302,973,099.10. This represents a 0.34 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Russell Diez-Canseco sold 44,728 shares of the company’s stock in a transaction 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 sale, the chief executive officer now directly owns 613,797 shares of the company’s stock, valued at approximately $23,115,595.02. This represents a 6.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 190,202 shares of company stock valued at $7,855,957 over the last ninety days. Corporate insiders own 27.60% of the company’s stock.

Institutional Trading of Vital Farms

Several large investors have recently modified their holdings of the company. Brown Brothers Harriman & Co. acquired a new position in Vital Farms during the 3rd quarter valued at $35,000. CIBC Private Wealth Group LLC raised its stake in Vital Farms by 152.1% during the 4th quarter. CIBC Private Wealth Group LLC now owns 895 shares of the company’s stock valued at $35,000 after purchasing an additional 540 shares during the last quarter. US Bancorp DE raised its stake in Vital Farms by 160.3% during the 4th quarter. US Bancorp DE now owns 1,416 shares of the company’s stock valued at $53,000 after purchasing an additional 872 shares during the last quarter. Frazier Financial Advisors LLC acquired a new position in Vital Farms during the 4th quarter valued at $59,000. Finally, Mendota Financial Group LLC acquired a new position in Vital Farms during the 4th quarter valued at $62,000. 98.59% of the stock is 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.