Vital Farms’ (VITL) “Outperform” Rating Reiterated at Telsey Advisory Group

Telsey Advisory Group reissued their outperform rating on shares of Vital Farms (NASDAQ:VITL) in a research note published on Friday morning,Benzinga reports. The firm currently has a $52.00 price target 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.

A number of other brokerages have also commented on VITL. Craig Hallum initiated coverage on shares of Vital Farms in a report on Friday, December 20th. They set a “buy” rating and a $50.00 price objective on the stock. TD Cowen increased their price objective on shares of Vital Farms from $41.00 to $45.00 and gave the stock a “buy” rating in a report on Wednesday, January 8th. Jefferies Financial Group decreased 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. Finally, Stifel Nicolaus raised shares of Vital Farms from a “hold” rating to a “buy” rating and set a $44.00 target price on the stock in a research note on Friday. Eight research analysts have rated the stock with a buy rating, According to MarketBeat.com, Vital Farms currently has a consensus rating of “Buy” and an average target price of $44.57.

Vital Farms Trading Up 7.5 %

Shares of 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 stock has a market cap of $1.45 billion, a price-to-earnings ratio of 29.56 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 firm has a fifty day moving average of $38.69 and a 200-day moving average of $35.65.

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

Insider Buying and Selling

In related news, insider Matthew Ohayer sold 24,000 shares of Vital Farms stock in a transaction that occurred on Thursday, December 19th. The shares were sold at an average price of $38.19, for a total transaction of $916,560.00. Following the transaction, the insider now owns 7,038,890 shares of the company’s stock, valued at $268,815,209.10. This trade represents a 0.34 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Russell Diez-Canseco sold 44,728 shares of Vital Farms stock in a transaction that occurred 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 transaction, the chief executive officer now directly owns 613,797 shares in the company, valued at $23,115,595.02. The trade was a 6.79 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 190,202 shares of company stock valued at $7,855,957 in the last 90 days. 27.60% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of VITL. CIBC Private Wealth Group LLC raised its holdings in Vital Farms by 152.1% during the 4th quarter. CIBC Private Wealth Group LLC now owns 895 shares of the company’s stock worth $35,000 after buying an additional 540 shares during the period. Brown Brothers Harriman & Co. acquired a new stake in Vital Farms during the 3rd quarter worth approximately $35,000. US Bancorp DE raised its holdings in Vital Farms by 160.3% during the 4th quarter. US Bancorp DE now owns 1,416 shares of the company’s stock worth $53,000 after buying an additional 872 shares during the period. Frazier Financial Advisors LLC acquired a new stake in Vital Farms during the 4th quarter worth approximately $59,000. Finally, Mendota Financial Group LLC acquired a new stake in Vital Farms during the 4th quarter worth approximately $62,000. Institutional investors own 98.59% of the company’s stock.

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.