Freshpet (NASDAQ:FRPT) Posts Quarterly Earnings Results, Meets Expectations

Freshpet (NASDAQ:FRPT) issued its quarterly earnings results 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 return on equity of 3.67% and a net margin of 4.75%. Freshpet updated its FY 2027 guidance to EPS and its FY 2025 guidance to EPS.

Freshpet Trading Down 17.4 %

FRPT stock traded down $22.66 during trading on Thursday, hitting $107.91. The company had a trading volume of 1,728,560 shares, compared to its average volume of 745,534. The company has a quick ratio of 3.91, a current ratio of 4.72 and a debt-to-equity ratio of 0.41. The firm has a 50-day moving average price of $147.27 and a 200-day moving average price of $143.32. Freshpet has a 12 month low of $87.87 and a 12 month high of $164.07. The stock has a market cap of $5.24 billion, a price-to-earnings ratio of 121.66 and a beta of 1.42.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on FRPT shares. Robert W. Baird lifted their target price on Freshpet from $157.00 to $170.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 5th. Wells Fargo & Company raised their price target on shares of Freshpet from $157.00 to $175.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Freshpet from $161.00 to $163.00 and gave the company a “buy” rating in a research note on Tuesday, November 5th. Citigroup cut their target price on shares of Freshpet from $155.00 to $142.00 and set a “neutral” rating for the company in a research note on Wednesday, February 12th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Freshpet from $126.00 to $154.00 and gave the company a “neutral” rating in a research note on Tuesday, November 5th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and twelve have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $164.29.

Insider Buying and Selling

In other Freshpet news, President Scott James Morris sold 5,000 shares of Freshpet stock in a transaction on 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 sale, the president now owns 122,380 shares of the company’s stock, valued at approximately $19,260,164.40. The trade was 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. 3.70% of the stock is currently owned by corporate insiders.

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.