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

Vital Farms (NASDAQ:VITL) 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 firm 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 Stock Performance

Shares of VITL opened at $30.79 on Friday. Vital Farms has a 1 year low of $17.40 and a 1 year high of $48.41. The stock has a market capitalization of $1.35 billion, a P/E ratio of 27.49 and a beta of 0.90. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.81 and a current ratio of 3.24. The company’s fifty day moving average is $38.82 and its two-hundred day moving average is $35.64.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on VITL shares. Craig Hallum started coverage on shares of Vital Farms in a report on Friday, December 20th. They issued a “buy” rating and a $50.00 price objective on the stock. Telsey Advisory Group reiterated an “outperform” rating and issued a $52.00 target price on shares of Vital Farms in a report on Tuesday, February 18th. 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 report on Monday, November 11th. TD Cowen raised their target price on Vital Farms from $41.00 to $45.00 and gave the stock a “buy” rating in a research report on Wednesday, January 8th. Finally, Stifel Nicolaus upgraded shares of Vital Farms from a “hold” rating to a “buy” rating and set a $44.00 price target on the stock in a research note on Friday. Eight research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $44.57.

Insider Activity

In related news, CMO Kathryn Mckeon sold 12,300 shares of the business’s stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $42.08, for a total transaction of $517,584.00. Following the sale, the chief marketing officer now owns 46,203 shares of the company’s stock, valued at approximately $1,944,222.24. The trade was a 21.02 % decrease in their ownership of the stock. The transaction 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 firm’s stock in a transaction that occurred on Thursday, December 12th. The shares were 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 of the company’s stock, valued at $23,115,595.02. The trade was 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 valued at $7,855,957 over the last quarter. Corporate insiders own 27.60% of the company’s stock.

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.