NASDAQ:FRPT

Freshpet - FRPT Stock Forecast, Price & News

$47.84

-8.53 (-15.13%)

(As of 08/9/2022 12:00 AM ET)

Add

Compare

Today's Range: $46.99
▼
$53.18
50-Day Range: $45.86
▼
$70.48
52-Week Range: $45.22
▼
$159.66

Volume: 3.60 million shs
Average Volume: 700,532 shs
Market Capitalization: $2.29 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $106.17

Freshpet MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 121.9% Upside
$106.17 Price Target
Short Interest: Bearish
9.64% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -3.54
Upright™ Environmental Score
News Sentiment: -0.47
Based on 31 Articles This Week
Insider Trading: Selling Shares
$544,000 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.54) to $0.39 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.94 out of 5 stars

Consumer Staples Sector

126th out of 144 stocks

Grain Mill Products Industry

5th out of 5 stocks

4.3

Analyst's Opinion

Consensus Rating
Freshpet has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 9 buy ratings, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $106.17, Freshpet has a forecasted upside of 121.9% from its current price of $47.84.
Amount of Analyst Coverage
Freshpet has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0

Short Interest

Percentage of Shares Shorted
9.64% of the outstanding shares of Freshpet have been sold short.
Short Interest Ratio / Days to Cover
Freshpet has a short interest ratio ("days to cover") of 5.2.
Change versus previous month
Short interest in Freshpet has recently increased by 15.54%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Freshpet does not currently pay a dividend.
Dividend Growth
Freshpet does not have a long track record of dividend growth.

0.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Freshpet has received a -53.03% net impact score from Upright. The largest negative impact of Freshpet in category "GHG emissions" is driven by its "Pet food" product. See details.
Environmental Sustainability
The Environmental Impact score for Freshpet is -3.54.

1.4

News and Social Media Coverage

News Sentiment
Freshpet has a news sentiment score of -0.47. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.36 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 31 news articles for Freshpet this week, compared to 4 articles on an average week.
Search Interest
Only 7 people have searched for FRPT on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.
MarketBeat Follows
4 people have added Freshpet to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Freshpet insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $544,000.00 in company stock.
Percentage Held by Insiders
Only 5.80% of the stock of Freshpet is held by insiders.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Freshpet are expected to grow in the coming year, from ($0.54) to $0.39 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Freshpet is -57.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Freshpet is -57.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Freshpet has a P/B Ratio of 2.88. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Freshpet (NASDAQ:FRPT) Stock

Freshpet, Inc. manufactures and markets natural fresh meals and treats for dogs and cats in the United States, Canada, and Europe. The company sells its products under the Freshpet brand; and Dognation and Dog Joy labels through various classes of retail, including grocery, mass, club, pet specialty, and natural, as well as online. Freshpet, Inc. was incorporated in 2004 and is headquartered in Secaucus, New Jersey.

Freshpet Stock Performance

FRPT traded down $8.53 during midday trading on Tuesday, reaching $47.84. The company's stock had a trading volume of 3,603,646 shares, compared to its average volume of 700,532. The stock has a market cap of $2.29 billion, a P/E ratio of -57.63 and a beta of 0.87. The company has a fifty day simple moving average of $55.00 and a 200 day simple moving average of $78.51. The company has a current ratio of 1.48, a quick ratio of 1.01 and a debt-to-equity ratio of 0.06. Freshpet has a twelve month low of $45.22 and a twelve month high of $159.66.

Freshpet (NASDAQ:FRPT - Get Rating) last released its earnings results on Monday, August 8th. The company reported ($0.45) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.14) by ($0.31). The business had revenue of $146.01 million during the quarter, compared to analyst estimates of $147.89 million. Freshpet had a negative net margin of 7.83% and a negative return on equity of 5.06%. The business's quarterly revenue was up 34.4% compared to the same quarter last year. During the same period last year, the business earned ($0.17) EPS. Research analysts expect that Freshpet will post -0.54 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on FRPT shares. Robert W. Baird dropped their target price on Freshpet from $100.00 to $90.00 and set an "outperform" rating on the stock in a research report on Tuesday. Truist Financial dropped their target price on Freshpet from $130.00 to $70.00 and set a "buy" rating on the stock in a research report on Tuesday. Citigroup dropped their target price on Freshpet from $80.00 to $72.00 in a research report on Tuesday, May 3rd. Stephens dropped their target price on Freshpet from $120.00 to $100.00 and set an "overweight" rating on the stock in a research report on Tuesday. Finally, Atlantic Securities lowered Freshpet from an "overweight" rating to a "neutral" rating and dropped their target price for the stock from $130.00 to $70.00 in a research report on Friday, May 20th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $106.17.

Insiders Place Their Bets

In other Freshpet news, EVP Stephen Weise sold 8,000 shares of the firm's stock in a transaction that occurred on Friday, May 27th. The stock was sold at an average price of $68.00, for a total value of $544,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 5.80% of the company's stock.

Receive FRPT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Freshpet and its competitors with MarketBeat's FREE daily newsletter.

FRPT Stock News Headlines

August 10, 2022 | americanbankingnews.com

Freshpet (NASDAQ:FRPT) Price Target Cut to $90.00 by Analysts at Robert W. Baird

August 9, 2022 | nasdaq.com

Consumer Sector Update for 08/09/2022: VRTV,FRPT,CARG - Nasdaq

August 9, 2022 | fool.com

Why Freshpet Stock Was Falling Today - The Motley Fool

August 9, 2022 | finance.yahoo.com

Why Freshpet Stock Was Falling Today

August 9, 2022 | finance.yahoo.com

Freshpet (FRPT) Q2 2022 Earnings Call Transcript

August 8, 2022 | in.investing.com

Freshpet Misses Q2 EPS by 33c By Investing.com - Investing.com India

August 8, 2022 | marketwatch.com

Freshpet stock drops after pet-food company cuts earnings outlook - MarketWatch

August 8, 2022 | finance.yahoo.com

Freshpet (FRPT) Reports Q2 Loss, Lags Revenue Estimates

August 8, 2022 | nasdaq.com

Digital Realty To Sell Non-Core Mixed-use Data Center Property In $205 Mln Deal - Nasdaq

August 8, 2022 | nasdaq.com

Delcath Systems Inc. Q2 Loss increases, misses estimates - Nasdaq

August 8, 2022 | nasdaq.com

SoftBank chagrin is poor defence against bad bets - Nasdaq

August 8, 2022 | nasdaq.com

Daily Markets: Earnings Deluge Continues, But Here Comes Inflation Data - Nasdaq

August 7, 2022 | americanbankingnews.com

Freshpet (FRPT) Set to Announce Earnings on Monday

August 6, 2022 | seekingalpha.com

Freshpet Q2 2022 Earnings Preview (NASDAQ:FRPT) - Seeking Alpha

August 6, 2022 | americanbankingnews.com

Freshpet, Inc. (NASDAQ:FRPT) Receives $128.91 Consensus Target Price from Analysts

August 5, 2022 | americanbankingnews.com

Freshpet, Inc. to Post FY2023 Earnings of $0.16 Per Share, Oppenheimer Forecasts (NASDAQ:FRPT)

August 2, 2022 | marketwatch.com

Beyond Meat's cash burn is putting the stock at risk of falling to $0, warns New Constructs - MarketWatch

July 18, 2022 | globenewswire.com

Freshpet, Inc. to Report Second Quarter Results on Monday, August 8, 2022 - GlobeNewswire

July 18, 2022 | finance.yahoo.com

Freshpet, Inc. to Report Second Quarter Results on Monday, August 8, 2022

July 1, 2022 | nypost.com

How to keep dogs feeling safe during July 4th fireworks - New York Post

July 1, 2022 | finance.yahoo.com

Analysts Expect Breakeven For Freshpet, Inc. (NASDAQ:FRPT) Before Long

June 30, 2022 | nasdaq.com

Freshpet Inc Shares Close in on 52-Week Low - Market Mover - Nasdaq

June 30, 2022 | seekingalpha.com

Freshpet Stock: Zombie Stock #2 - Could Fall Further As Fed Raises Rates (NASDAQ:FRPT) - Seeking Alpha

June 27, 2022 | forbes.com

Cash Burn: Stocks That Could Go To $0 As Fed Raises Rates: Freshpet

June 23, 2022 | marketwatch.com

These 'zombie' companies could feel the cash burn, warns New Constructs - MarketWatch

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive FRPT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Freshpet and its competitors with MarketBeat's FREE daily newsletter.

FRPT Company Calendar

Last Earnings: 8/08/2022
Today: 8/10/2022
Next Earnings (Estimated): 11/14/2022
Fiscal Year End: 12/31/2022

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Grain mill products
Sub-Industry: N/A
Sector: Consumer Staples
Current Symbol: NASDAQ:FRPT
CUSIP: N/A
CIK: 1611647
Web: www.freshpet.com
Phone: (201) 520-4000
Fax: N/A
Employees: 789
Year Founded: 2006

Price Target and Rating

Average Stock Price Forecast: $106.17
High Stock Price Forecast: $163.00
Low Stock Price Forecast: $70.00
Forecasted Upside/Downside: +121.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 12 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.83)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-29,700,000.00
Net Margins: -7.83%
Pretax Margin: -7.13%
Return on Equity: -5.06%
Return on Assets: -4.57%

Debt

Debt-to-Equity Ratio: 0.06
Current Ratio: 1.48
Quick Ratio: 1.01

Sales & Book Value

Annual Sales: $425.49 million
Price / Sales: 5.38
Cash Flow: $0.04 per share
Price / Cash Flow: 1,193.29
Book Value: $16.59 per share
Price / Book: 2.88

Miscellaneous

Outstanding Shares: 47,820,000
Free Float: 45,046,000
Market Cap: $2.29 billion
Optionable: Optionable
Beta: 0.87

Social Links

Key Executives

Mr. William B. Cyr (Age 59)
CEO & Exec. Director
Comp: $765.04k
Mr. Scott James Morris (Age 53)
Co-Founder, Pres & COO
Comp: $591.6k
Mr. Cathal Walsh (Age 50)
Co-Founder, Sr. VP & MD of Europe
Comp: $464.51k
Ms. Heather Pomerantz (Age 48)
Chief Financial Officer
Comp: $494.15k
Mr. Stephen L. Weise (Age 62)
Exec. VP of Manufacturing & Supply Chain
Comp: $399.96k
Mr. Thomas Farina (Age 57)
Sr. VP of Sales
Mr. John Speranza
Sr. VP of Marketing
Ms. Thembeka Machaba (Age 44)
Sr. VP of HR
Mr. Richard A. Kassar (Age 75)
Vice Chairman
Mr. Michael Hieger (Age 48)
Sr. VP of Manufacturing Operations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

FRPT Stock - Frequently Asked Questions

Should I buy or sell Freshpet stock right now?: 12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Freshpet in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" FRPT shares.
View FRPT analyst ratings or view top-rated stocks.
What is Freshpet's stock price forecast for 2022?: 12 equities research analysts have issued 12-month price objectives for Freshpet's shares. Their FRPT share price forecasts range from $70.00 to $163.00. On average, they expect the company's stock price to reach $106.17 in the next twelve months. This suggests a possible upside of 121.9% from the stock's current price.
View analysts price targets for FRPT or view top-rated stocks among Wall Street analysts.
How has Freshpet's stock price performed in 2022?: Freshpet's stock was trading at $95.27 on January 1st, 2022. Since then, FRPT stock has decreased by 49.8% and is now trading at $47.84.
View the best growth stocks for 2022 here.
When is Freshpet's next earnings date?: Freshpet is scheduled to release its next quarterly earnings announcement on Monday, November 14th 2022.
View our FRPT earnings forecast.
How were Freshpet's earnings last quarter?: Freshpet, Inc. (NASDAQ:FRPT) posted its quarterly earnings results on Monday, August, 8th. The company reported ($0.45) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.14) by $0.31. The business had revenue of $146.01 million for the quarter, compared to the consensus estimate of $147.89 million. Freshpet had a negative net margin of 7.83% and a negative trailing twelve-month return on equity of 5.06%. The business's revenue was up 34.4% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.17) earnings per share.
What guidance has Freshpet issued on next quarter's earnings?: Freshpet updated its FY 2022 earnings guidance on Tuesday, August, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $575.00M-, compared to the consensus revenue estimate of $582.72 million.
What is William Cyr's approval rating as Freshpet's CEO?: 17 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.

What other stocks do shareholders of Freshpet own?: 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).
What is Freshpet's stock symbol?: Freshpet trades on the NASDAQ under the ticker symbol "FRPT."
Who are Freshpet's major shareholders?: Freshpet's stock is owned by many different retail and institutional investors. Top institutional investors include Riverbridge Partners LLC (2.07%), Victory Capital Management Inc. (1.13%), Emerald Advisers LLC (1.01%), Jennison Associates LLC (0.97%), Emerald Mutual Fund Advisers Trust (0.85%) and Allspring Global Investments Holdings LLC (0.81%). Insiders that own company stock include Cathal Walsh, Charles A Norris, Daryl G Brewster, Ivan Garcia, Lawrence S Coben, Richard A Kassar, Robert C King, Scott James Morris, Stephen Macchiaverna, Stephen Weise, Walter N George and William B Cyr.
View institutional ownership trends.
How do I buy shares of Freshpet?: 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.
Compare Top Brokerages Here.
What is Freshpet's stock price today?: One share of FRPT stock can currently be purchased for approximately $47.84.
How much money does Freshpet make?: Freshpet (NASDAQ:FRPT) has a market capitalization of $2.29 billion and generates $425.49 million in revenue each year. The company earns $-29,700,000.00 in net income (profit) each year or ($0.83) on an earnings per share basis.
How many employees does Freshpet have?: Freshpet employs 789 workers across the globe.
When was Freshpet founded?: Freshpet was founded in 2006.
How can I contact Freshpet?: 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.

This page (NASDAQ:FRPT) was last updated on 8/10/2022 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here

Freshpet - FRPT Stock Forecast, Price & News

Freshpet MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Freshpet (NASDAQ:FRPT) Stock

Freshpet Stock Performance

Analyst Upgrades and Downgrades

Insiders Place Their Bets

FRPT Stock News Headlines

FRPT Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

FRPT Stock - Frequently Asked Questions

Should I buy or sell Freshpet stock right now?

What is Freshpet's stock price forecast for 2022?

How has Freshpet's stock price performed in 2022?

When is Freshpet's next earnings date?

How were Freshpet's earnings last quarter?

What guidance has Freshpet issued on next quarter's earnings?

What is William Cyr's approval rating as Freshpet's CEO?

What other stocks do shareholders of Freshpet own?

What is Freshpet's stock symbol?

Who are Freshpet's major shareholders?

How do I buy shares of Freshpet?

What is Freshpet's stock price today?

How much money does Freshpet make?

How many employees does Freshpet have?

When was Freshpet founded?

How can I contact Freshpet?

MarketBeat Resources

Premium Research Tools

Market Data and Calendars

Investing Education and Resources

Overall MarketRank^™