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

Vital Farms (NASDAQ:VITL) announced its earnings results on Thursday. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.08, Zacks reports. 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%. Vital Farms updated its FY 2025 guidance to EPS.

Vital Farms Stock Performance

Vital Farms stock opened at $30.79 on Friday. Vital Farms has a 52 week low of $17.40 and a 52 week high of $48.41. The company has a current ratio of 3.24, a quick ratio of 2.81 and a debt-to-equity ratio of 0.04. The stock has a market cap of $1.35 billion, a P/E ratio of 27.49 and a beta of 0.90. The stock has a 50 day moving average of $38.82 and a 200-day moving average of $35.64.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling

In other Vital Farms news, insider Joanne Bal sold 28,246 shares of Vital Farms stock in a transaction on Friday, January 17th. The shares were sold at an average price of $45.10, for a total value of $1,273,894.60. Following the completion of the transaction, the insider now owns 59,371 shares of the company’s stock, valued at $2,677,632.10. The trade was a 32.24 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Russell Diez-Canseco sold 44,728 shares of the 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 in the company, valued at $23,115,595.02. This trade represents a 6.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 190,202 shares of company stock worth $7,855,957. 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.