Freshpet - FRPT Stock Forecast, Price & News

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Freshpet in the last twelve months. There are currently 4 hold ratings, 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" FRPT shares.
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14 analysts have issued 12-month price targets for Freshpet's shares. Their FRPT share price forecasts range from $55.00 to $100.00. On average, they expect the company's share price to reach $75.50 in the next year. This suggests a possible upside of 14.1% from the stock's current price.
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Freshpet's stock was trading at $52.77 on January 1st, 2023. Since then, FRPT shares have increased by 25.4% and is now trading at $66.19.
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The company is scheduled to release its next quarterly earnings announcement on Monday, May 1st 2023.
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Freshpet, Inc. (NASDAQ:FRPT) posted its quarterly earnings data on Monday, February, 27th. The company reported ($0.06) earnings per share for the quarter, beating the consensus estimate of ($0.08) by $0.02. The business earned $165.80 million during the quarter, compared to the consensus estimate of $151.34 million. Freshpet had a negative trailing twelve-month return on equity of 6.26% and a negative net margin of 9.99%. The company's quarterly revenue was up 43.1% compared to the same quarter last year. During the same period last year, the company earned ($0.21) EPS.

ETFs with the largest weight of Freshpet (NASDAQ:FRPT) stock in their portfolio include ProShares Pet Care ETF (PAWZ), LeaderShares Activist Leaders ETF (ACTV), First Trust Nasdaq Food & Beverage ETF (FTXG), BlackRock Future Innovators ETF (BFTR), Franklin Disruptive Commerce ETF (BUYZ), First Trust NASDAQ BuyWrite Income ETF (FTQI), Nuveen ESG Small-Cap ETF (NUSC) and Vanguard Consumer Staples ETF (VDC).

Freshpet updated its FY 2023 earnings guidance on Monday, February, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $750.00 million-$750.00 million, compared to the consensus revenue estimate of $755.01 million.

27 employees have rated Freshpet Chief Executive Officer William Cyr on Glassdoor.com. William Cyr has an approval rating of 94% among the company's employees. This puts William Cyr in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 78.0% of employees surveyed would recommend working at Freshpet to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Freshpet investors own include Walt Disney (DIS), Block (SQ), DocuSign (DOCU), NVIDIA (NVDA), Netflix (NFLX), Advanced Micro Devices (AMD), Etsy (ETSY), Roku (ROKU), Shopify (SHOP) and PayPal (PYPL).

Freshpet trades on the NASDAQ under the ticker symbol "FRPT."

Shares of FRPT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FRPT stock can currently be purchased for approximately $66.19.

Freshpet (NASDAQ:FRPT) has a market capitalization of $3.18 billion and generates $595.34 million in revenue each year. The company earns $-59,490,000.00 in net income (profit) each year or ($1.30) on an earnings per share basis.

The company employs 1,011 workers across the globe.

Freshpet's mailing address is 400 Plaza Drive 1st Floor, Secaucus NJ, 07094. The official website for the company is www.freshpet.com. The company can be reached via phone at (201) 520-4000 or via email at katie.turner@icrinc.com.