Freshpet (NASDAQ:FRPT) Announces Quarterly Earnings Results

Freshpet (NASDAQ:FRPT) posted its quarterly earnings data on Thursday. The company reported $0.36 earnings per share (EPS) for the quarter, meeting 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 Performance

Freshpet stock traded down $22.19 during mid-day 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 quick ratio of 3.91, a current ratio of 4.72 and a debt-to-equity ratio of 0.41. Freshpet has a 52 week low of $87.87 and a 52 week high of $164.07. The company has a 50 day moving average of $147.27 and a 200-day moving average of $143.32. The firm has a market cap of $5.26 billion, a price-to-earnings ratio of 120.09 and a beta of 1.42.

Analyst Upgrades and Downgrades

FRPT has been the subject of several recent analyst reports. Truist Financial increased their price objective on shares of Freshpet from $160.00 to $170.00 and gave the company a “buy” rating in a report on Tuesday, November 5th. Citigroup decreased their price objective on shares of Freshpet from $155.00 to $142.00 and set a “neutral” rating for the company in a report on Wednesday, February 12th. JPMorgan Chase & Co. increased their price objective on shares of Freshpet from $126.00 to $154.00 and gave the company a “neutral” rating in a report on Tuesday, November 5th. Oppenheimer increased their target price on shares of Freshpet from $155.00 to $180.00 and gave the company an “outperform” rating in a research note on Thursday, November 14th. Finally, Wells Fargo & Company upped their price target on shares of Freshpet from $157.00 to $175.00 and gave the company an “overweight” rating in a research report on Tuesday, November 5th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $164.29.

Insider Buying and Selling at Freshpet

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