Freshpet Inc (NASDAQ:FRPT)’s traded shares stood at 1.35 million during the last session, with the company’s beta value hitting 1.80. At the close of trading, the stock’s price was $86.42, to imply an increase of 0.84% or $0.72 in intraday trading. The FRPT share’s 52-week high remains $164.07, putting it -89.85% down since that peak but still an impressive 7.12% since price per share fell to its 52-week low of $80.27. The company has a valuation of $4.21B, with an average of 1.98 million shares in intraday trading volume over the past 10 days and average of 1.22 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Freshpet Inc (FRPT), translating to a mean rating of 1.47. Of 9 analyst(s) looking at the stock, 0 analyst(s) give FRPT a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 7 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.37.
Freshpet Inc (NASDAQ:FRPT) trade information
After registering a 0.84% upside in the last session, Freshpet Inc (FRPT) has traded red over the past five days. The 5-day price performance for the stock is -0.09%, and -33.81% over 30 days. With these gigs, the year-to-date price performance is -41.65%. Short interest in Freshpet Inc (NASDAQ:FRPT) saw shorts transact 4.71 million shares and set a 3.25 days time to cover.
The extremes give us $162 and $189 for target low and target high price respectively. As such, FRPT has been trading -118.7% off suggested target high and -87.46% from its likely low.
Freshpet Inc (FRPT) estimates and forecasts
The rating firms project that company’s revenue will grow 22.50% compared to the previous financial year.
Revenue forecast for the current quarter as set by 15 analysts is 268.36M. Meanwhile, for the current quarter, a total of 15 analyst(s) estimate revenue growth to 285.68M.Earnings reports from the last fiscal year show that sales brought in 223.85M and 235.25M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 19.88% before jumping 21.44% in the following quarter.
FRPT Dividends
Freshpet Inc has its next earnings report out on 2025-Feb-19. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Freshpet Inc (NASDAQ:FRPT)’s Major holders
Freshpet Inc insiders hold 2.00% of total outstanding shares, with institutional holders owning 109.65% of the shares at 111.89% float percentage. In total, 109.65% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 4.66 million shares (or 9.6059% of shares), all amounting to roughly $602.32 million.
The next major institution holding the largest number of shares is WELLINGTON MANAGEMENT GROUP LLP with 2.62 million shares, or about 5.4031% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $338.8 million.
We also have Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund as the top two Mutual Funds with the largest holdings of the Freshpet Inc (FRPT) shares. Going by data provided on Dec 31, 2024 , Vanguard Total Stock Market Index Fund holds roughly 1.52 shares. This is just over 3.12% of the total shares, with a market valuation of $131.17 million. Data from the same date shows that the other fund manager holds a little less at 1.24, or 2.54% of the shares, all valued at about 106.84 million.
