Freshpet (FRPT) – Investment Analysts’ Recent Ratings Updates

Freshpet (NASDAQ: FRPT) has recently received a number of price target changes and ratings updates:

• 5/6/2025 – Freshpet had its price target lowered by analysts at Wells Fargo & Company from $110.00 to $100.00. They now have an “overweight” rating on the stock.
• 5/6/2025 – Freshpet had its price target lowered by analysts at Robert W. Baird from $125.00 to $115.00. They now have an “outperform” rating on the stock.
• 5/6/2025 – Freshpet had its price target lowered by analysts at JPMorgan Chase & Co. from $91.00 to $85.00. They now have a “neutral” rating on the stock.
• 5/6/2025 – Freshpet had its price target lowered by analysts at Benchmark Co. from $140.00 to $120.00. They now have a “buy” rating on the stock.
• 4/30/2025 – Freshpet was downgraded by analysts at Truist Financial Co. from a “buy” rating to a “hold” rating. They now have a $80.00 price target on the stock, down previously from $90.00.
• 4/24/2025 – Freshpet had its price target lowered by analysts at Truist Financial Co. from $110.00 to $90.00. They now have a “buy” rating on the stock.
• 4/16/2025 – Freshpet was given a new $125.00 price target on by analysts at Robert W. Baird.
• 4/15/2025 – Freshpet had its price target lowered by analysts at Benchmark Co. from $195.00 to $140.00. They now have a “buy” rating on the stock.
• 4/10/2025 – Freshpet had its price target lowered by analysts at JPMorgan Chase & Co. from $102.00 to $91.00. They now have a “neutral” rating on the stock.
• 4/10/2025 – Freshpet had its price target lowered by analysts at Stifel Nicolaus from $135.00 to $115.00. They now have a “buy” rating on the stock.
• 4/2/2025 – Freshpet had its price target lowered by analysts at Wells Fargo & Company from $142.00 to $110.00. They now have an “overweight” rating on the stock.
• 3/31/2025 – Freshpet had its price target lowered by analysts at Truist Financial Co. from $140.00 to $110.00. They now have a “buy” rating on the stock.
• 3/25/2025 – Freshpet had its price target lowered by analysts at Piper Sandler from $160.00 to $145.00. They now have an “overweight” rating on the stock.

Freshpet Trading Down 1.1%

NASDAQ FRPT opened at $79.62 on Tuesday. The company has a market capitalization of $3.88 billion, a PE ratio of 84.70 and a beta of 1.85. The company has a fifty day moving average of $81.27 and a 200 day moving average of $121.82. The company has a debt-to-equity ratio of 0.41, a current ratio of 4.72 and a quick ratio of 3.91. Freshpet, Inc. has a 1 year low of $71.19 and a 1 year high of $164.07.

Freshpet (NASDAQ:FRPT) last announced its quarterly earnings results on Monday, May 5th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.04). The firm had revenue of $263.25 million for the quarter, compared to analyst estimates of $265.57 million. Freshpet had a net margin of 4.81% and a return on equity of 3.92%. The company’s revenue was up 17.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.37 EPS. Research analysts forecast that Freshpet, Inc. will post 1.55 earnings per share for the current year.

Institutional Investors Weigh In On Freshpet

Hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its position in shares of Freshpet by 12.3% in the 1st quarter. Vanguard Group Inc. now owns 5,223,695 shares of the company’s stock valued at $434,455,000 after buying an additional 571,139 shares during the last quarter. WCM Investment Management LLC boosted its holdings in Freshpet by 4.0% during the fourth quarter. WCM Investment Management LLC now owns 2,881,855 shares of the company’s stock worth $430,809,000 after buying an additional 110,478 shares in the last quarter. Riverbridge Partners LLC boosted its holdings in Freshpet by 18.0% during the first quarter. Riverbridge Partners LLC now owns 1,026,829 shares of the company’s stock worth $85,401,000 after buying an additional 156,583 shares in the last quarter. Geode Capital Management LLC raised its position in Freshpet by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 844,744 shares of the company’s stock worth $127,446,000 after acquiring an additional 9,081 shares during the last quarter. Finally, Driehaus Capital Management LLC raised its position in shares of Freshpet by 5.1% in the fourth quarter. Driehaus Capital Management LLC now owns 810,646 shares of the company’s stock valued at $120,065,000 after buying an additional 39,129 shares during the last quarter.

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.