Vital Farms Inc (VITL): Why Is The Stock Strong?

Vital Farms Inc (NASDAQ:VITL) has a beta value of 0.96 and has seen 0.81 million shares traded in the recent trading session. The company, currently valued at $1.69B, closed the recent trade at $40.14 per share which meant it lost -$1.69 on the day or -4.04% during that session. The VITL stock price is -11.73% off its 52-week high price of $44.85 and 75.09% above the 52-week low of $10.00. The 3-month trading volume is 726.35K shares.

Vital Farms Inc (NASDAQ:VITL) trade information

Sporting -4.04% in the red today, the stock has traded in the red over the last five days, when the VITL stock price touched $40.14 or saw a rise of 10.5%. Year-to-date, Vital Farms Inc shares have moved 155.83%, while the 5-day performance has seen it change -6.89%. Over the past 30 days, the shares of Vital Farms Inc (NASDAQ:VITL) have changed 5.72%.

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Vital Farms Inc (VITL) estimates and forecasts

Figures show that Vital Farms Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 173.99% over the past 6 months, with this year growth rate of 59.32%, compared to 11.90% for the industry. Revenue growth from the last financial year stood is estimated to be 22.70%.

8 analysts offering their estimates for the company have set an average revenue estimate of 135.29M for the current quarter. 8 have an estimated revenue figure of 139.39M for the next ending quarter. Year-ago sales stood 105.18M and 110.37M respectively for this quarter and the next, and analysts expect sales will grow by 28.60% for the current quarter and 22.70% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 31.87% over the past 5 years.

VITL Dividends

Vital Farms Inc is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.