In the last trading session, 1.77 million Freshpet Inc (NASDAQ:FRPT) shares changed hands as the company’s beta touched 1.78. With the company’s per share price at $87.84 changed hands at $1.34 or 1.55% during last session, the market valuation stood at $4.28B. FRPT’s last price was a discount, traded about -86.78% off its 52-week high of $164.07. The share price had its 52-week low at $80.27, which suggests the last value was 8.62% up since then. When we look at Freshpet Inc’s average trading volume, we note the 10-day average is 2.25 million shares, with the 3-month average coming to 1.15 million.
Analysts gave the Freshpet Inc (FRPT) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.47. If we narrow down to specifics, the data shows that 0 out of 9 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended FRPT as a Hold, 7 felt it is a Buy and 0 rated the stock as Underweight. Freshpet Inc’s EPS for the current quarter is expected to be 0.37.
Freshpet Inc (NASDAQ:FRPT) trade information
Instantly FRPT was in green as seen at the end of in last trading. With action -9.31%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -40.69%, with the 5-day performance at -9.31% in the red. However, in the 30-day time frame, Freshpet Inc (NASDAQ:FRPT) is -33.25% down. Looking at the short shares, we see there were 4.71 million shares sold at short interest cover period of 3.25 days.
The consensus price target for the stock as assigned by Wall Street analysts is 167.5, meaning bulls need an upside of 47.56% from its current market value. According to analyst projections, FRPT’s forecast low is 162 with 189 as the target high. To hit the forecast high, the stock’s price needs a -115.16% plunge from its current level, while the stock would need to soar -84.43% for it to hit the projected low.
Freshpet Inc (FRPT) estimates and forecasts
Year-over-year growth is forecast to reach 22.50% up from the last financial year.
Consensus estimates given by 15 financial analysts project the company’s revenue in the current quarter to hit an average of 268.36M. 15 analysts are of the opinion that Freshpet Inc’s revenue for the current quarter will be 285.68M. The company’s revenue for the corresponding quarters a year ago was 223.85M and 235.25M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 19.88%. The estimates for the next quarter sales put growth at 21.44%.
The 2025 estimates are for Freshpet Inc earnings to increase by 58.16%, but the outlook for the next 5-year period is at 52.35% per year.
FRPT Dividends
Freshpet Inc is expected to release its next quarterly earnings report on 2025-Feb-19.
Freshpet Inc (NASDAQ:FRPT)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 1.86% of Freshpet Inc shares while 109.38% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 111.46%. There are 109.38% institutions holding the Freshpet Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 9.6059% of the shares, roughly 4.66 million FRPT shares worth $602.32 million.
WELLINGTON MANAGEMENT GROUP LLP holds the second largest percentage of outstanding shares, with 5.4031% or 2.62 million shares worth $338.8 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund . With 1.52 shares estimated at $133.33 million under it, the former controlled 3.12% of total outstanding shares. On the other hand, Vanguard Small-Cap Index Fund held about 2.54% of the shares, roughly 1.24 shares worth around $108.6 million.
