Freshpet (NASDAQ:FRPT) Releases Quarterly Earnings Results, Misses Expectations By $0.09 EPS

Freshpet (NASDAQ:FRPT - Get Free Report) announced its earnings results on Monday. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.09), Zacks reports. Freshpet had a net margin of 4.81% and a return on equity of 3.92%. Freshpet updated its FY 2025 guidance to EPS.

Freshpet Stock Up 5.0 %

Freshpet stock opened at $76.36 on Monday. The company has a market capitalization of $3.72 billion, a P/E ratio of 81.23 and a beta of 1.85. Freshpet has a 1-year low of $71.19 and a 1-year high of $164.07. The firm's fifty day simple moving average is $83.76 and its 200-day simple moving average is $124.11. The company has a current ratio of 4.72, a quick ratio of 3.91 and a debt-to-equity ratio of 0.41.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on FRPT. Wells Fargo & Company cut their price target on shares of Freshpet from $142.00 to $110.00 and set an "overweight" rating on the stock in a report on Wednesday, April 2nd. Piper Sandler cut their target price on shares of Freshpet from $160.00 to $145.00 and set an "overweight" rating on the stock in a research note on Tuesday, March 25th. Stifel Nicolaus decreased their target price on Freshpet from $135.00 to $115.00 and set a "buy" rating for the company in a research report on Thursday, April 10th. Benchmark dropped their price target on Freshpet from $195.00 to $140.00 and set a "buy" rating on the stock in a research report on Tuesday, April 15th. Finally, Truist Financial downgraded Freshpet from a "buy" rating to a "hold" rating and reduced their price objective for the stock from $90.00 to $80.00 in a research note on Wednesday, April 30th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $138.80.

About Freshpet

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.