NASDAQ:FRPT Freshpet (FRPT) Stock Forecast, Price & News $59.76 -3.61 (-5.70%) (As of 05/31/2023 ET) Add Compare Share Share Today's Range$57.66▼$63.4850-Day Range$59.73▼$70.5352-Week Range$36.02▼$73.48Volume1.17 million shsAverage Volume813,394 shsMarket Capitalization$2.88 billionP/E RatioN/ADividend YieldN/APrice Target$76.31 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Freshpet MarketRank™ ForecastAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside27.7% Upside$76.31 Price TargetShort InterestBearish14.73% of Shares Sold ShortDividend StrengthN/ASustainability-3.54Upright™ Environmental ScoreNews Sentiment0.11Based on 18 Articles This WeekInsider TradingSelling Shares$440,018 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.97) to ($0.24) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.71 out of 5 starsConsumer Staples Sector131st out of 140 stocksGrain Mill Products Industry5th out of 5 stocks 3.4 Analyst's Opinion Consensus RatingFreshpet has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 8 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $76.31, Freshpet has a forecasted upside of 27.7% from its current price of $59.76.Amount of Analyst CoverageFreshpet has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted14.73% of the outstanding shares of Freshpet have been sold short.Short Interest Ratio / Days to CoverFreshpet has a short interest ratio ("days to cover") of 7.9.Change versus previous monthShort interest in Freshpet has recently increased by 1.43%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldFreshpet does not currently pay a dividend.Dividend GrowthFreshpet does not have a long track record of dividend growth. Previous Next 0.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreFreshpet 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 SustainabilityThe Environmental Impact score for Freshpet is -3.54. Previous Next 2.8 News and Social Media Coverage News SentimentFreshpet has a news sentiment score of 0.11. 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 0.63 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 18 news articles for Freshpet this week, compared to 5 articles on an average week.Search Interest16 people have searched for FRPT on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.MarketBeat Follows8 people have added Freshpet to their MarketBeat watchlist in the last 30 days. This is an increase of 167% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn 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 $440,018.00 in company stock.Percentage Held by InsidersOnly 5.00% of the stock of Freshpet is held by insiders. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Freshpet are expected to grow in the coming year, from ($0.97) to ($0.24) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Freshpet is -42.08, 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. SectorThe P/E ratio of Freshpet is -42.08, 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 RatioFreshpet has a P/B Ratio of 3.03. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Freshpet (NASDAQ:FRPT) StockFreshpet, Inc. engages in manufacturing, marketing, and distribution of pet food and pet treats for dogs and cats. Its products are blends of fresh meats, vegetables and fruits farmed locally and made at Freshpet kitchens. Its products include Deli Fresh Grain Free Chicken Recipe for Dogs, Joy Turkey and Apple Bites Treats, Nature's Fresh Grain Free Chicken Recipe for Cats, and Vital Grain Free Chicken and Ocean Whitefish Recipe for Cats. The company was founded by Scott Morris and Cathal Walsh in November 2004 and is headquartered in Secaucus, NJ.Read More 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. Email Address FRPT Stock News HeadlinesMay 8, 2023 | marketbeat.comFreshpet Is On The Brink Of Reversal Freshpet is executing expansion plans that aim to improve operating leverage and profitability. The market is moving higher and may complete a reversal.May 30, 2023 | finance.yahoo.comFreshpet Responds to JANA Partners’ Letter Regarding Freshpet Board ActionsMay 31, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!May 30, 2023 | finance.yahoo.comFreshpet, Inc. to Participate in the Stifel 2023 Cross Sector Insight ConferenceMay 30, 2023 | finance.yahoo.comJANA Partners Provides Urgent Notice to All Freshpet Shareholders to Recall Shares on Loan by Purported June 12, 2023 Record DateMay 29, 2023 | finance.yahoo.comBullish Freshpet Insiders Loaded Up On US$6.7m Of StockMay 29, 2023 | finance.yahoo.comBullish Freshpet Insiders Loaded Up On US$6.7m Of Stock \May 26, 2023 | finance.yahoo.comFreshpet Activist Might Unleash Less Change Than ExpectedMay 31, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.May 26, 2023 | fool.comFreshpet (NASDAQ: FRPT)May 25, 2023 | hk.finance.yahoo.comFreshpet's Largest Shareholder, Jana Partners, Pushes for Strategic OverhaulMay 25, 2023 | msn.comFreshpet plays defense in proxy fight against Jana PartnersMay 25, 2023 | msn.comActivist Jana Partners Set for a Proxy Fight with Freshpet (NASDAQ:FRPT)May 25, 2023 | finance.yahoo.comJana Partners pushes Freshpet on recent board changes -letterMay 25, 2023 | stockhouse.comFreshpet Issues Statement Regarding JANA Partners' Press ReleaseMay 25, 2023 | msn.comActivist Jana to start proxy fight with Freshpet (update)May 24, 2023 | wsj.comFreshpet Stock Falls After Report that Activist Investors Plans Proxy BattleMay 24, 2023 | msn.comActivist firm Jana eyes boardroom fight at FreshpetMay 24, 2023 | finance.yahoo.comFreshpet Issues Statement Regarding JANA Partners’ Press ReleaseMay 24, 2023 | seekingalpha.comFreshpet: Stale EconomicsMay 24, 2023 | msn.comActivist investor Jana Partners takes aim at FreshpetMay 24, 2023 | msn.comActivist Jana set to start proxy fight with Freshpet - reportMay 24, 2023 | finance.yahoo.comJANA Partners to Nominate Four Highly Qualified Directors to Freshpet BoardMay 24, 2023 | finance.yahoo.comJana Prepares for Proxy Fight at FreshpetMay 22, 2023 | nasdaq.comGuru Fundamental Report for FRPT - Benjamin GrahamMay 17, 2023 | msn.comFreshpet makes board changes as part of operational improvement planMay 17, 2023 | finance.yahoo.comFreshpet Advances Operational Improvement Plan Through Board ChangesSee More Headlines View Price History Chart DataSkip Price History Chart 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. Email Address FRPT Company Calendar Last Earnings5/08/2023Today5/31/2023Next Earnings (Estimated)8/14/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Grain mill products Sub-IndustryN/A SectorConsumer Staples Current SymbolNASDAQ:FRPT CUSIPN/A CIK1611647 Webwww.freshpet.com Phone(201) 520-4000FaxN/AEmployees1,011Year Founded2006Price Target and Rating Average Stock Price Forecast$76.31 High Stock Price Forecast$100.00 Low Stock Price Forecast$55.00 Forecasted Upside/Downside+31.7%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)($1.42) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-59,490,000.00 Net Margins-10.58% Pretax Margin-9.99% Return on Equity-6.60% Return on Assets-5.49% Debt Debt-to-Equity Ratio0.41 Current Ratio9.21 Quick Ratio8.02 Sales & Book Value Annual Sales$595.34 million Price / Sales4.68 Cash FlowN/A Price / Cash FlowN/A Book Value$19.72 per share Price / Book2.94Miscellaneous Outstanding Shares48,120,000Free Float45,715,000Market Cap$2.79 billion OptionableOptionable Beta0.97 Social Links Key ExecutivesWilliam B. CyrChief Executive Officer & DirectorScott MorrisPresident & Chief Operating OfficerTodd E. CunferChief Financial OfficerGerardo Perez-CamargoVice President-Research & DevelopmentJay DahlgrenEVP-Manufacturing, Technology & Supply ChainKey CompetitorsPostNYSE:POSTIngredionNYSE:INGRNomad FoodsNYSE:NOMDJ&J Snack FoodsNASDAQ:JJSFCompañía Cervecerías UnidasNYSE:CCUView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 77,203 shares on 5/26/2023Ownership: 0.160%Ameriprise Financial Inc.Bought 119,209 shares on 5/22/2023Ownership: 1.248%JPMorgan Chase & Co.Bought 458,570 shares on 5/18/2023Ownership: 4.312%New York State Common Retirement FundSold 34,398 shares on 5/18/2023Ownership: 0.287%Rockefeller Capital Management L.P.Bought 3,864 shares on 5/17/2023Ownership: 0.012%View All Insider TransactionsView All Institutional Transactions FRPT Stock - Frequently Asked Questions Should I buy or sell Freshpet stock right now? 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Freshpet in the last year. There are currently 3 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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 2023? 12 Wall Street 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 $76.31 in the next year. This suggests a possible upside of 28.5% from the stock's current price. View analysts price targets for FRPT or view top-rated stocks among Wall Street analysts. How have FRPT shares performed in 2023? Freshpet's stock was trading at $52.77 at the beginning of 2023. Since then, FRPT stock has increased by 12.6% and is now trading at $59.40. View the best growth stocks for 2023 here. When is Freshpet's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023. View our FRPT earnings forecast. How were Freshpet's earnings last quarter? Freshpet, Inc. (NASDAQ:FRPT) announced its quarterly earnings data on Monday, May, 8th. The company reported ($0.52) EPS for the quarter, missing the consensus estimate of ($0.40) by $0.12. The firm earned $167.50 million during the quarter, compared to analysts' expectations of $166.97 million. Freshpet had a negative net margin of 10.58% and a negative trailing twelve-month return on equity of 6.60%. The company's revenue was up 26.7% on a year-over-year basis. During the same period last year, the business earned ($0.40) earnings per share. What ETFs hold Freshpet's stock? ETFs with the largest weight of Freshpet (NASDAQ:FRPT) stock in their portfolio include ProShares Pet Care ETF (PAWZ), LeaderShares Activist Leaders ETF (ACTV), BlackRock Future Innovators ETF (BFTR), Franklin Disruptive Commerce ETF (BUYZ), Nuveen ESG Small-Cap ETF (NUSC), First Trust NASDAQ BuyWrite Income ETF (FTQI), Vanguard Consumer Staples ETF (VDC) and Fidelity MSCI Consumer Staples Index ETF (FSTA). What guidance has Freshpet issued on next quarter's earnings? Freshpet issued an update on its FY 2023 earnings guidance on Monday, May, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $750.00 million-$750.00 million, compared to the consensus revenue estimate of $752.30 million. What is William Cyr's approval rating as Freshpet's CEO? 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. 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 institutional and retail investors. Top institutional shareholders include Jana Partners LLC (8.34%), Champlain Investment Partners LLC (7.78%), Wellington Management Group LLP (7.10%), Wasatch Advisors LP (6.58%), FMR LLC (5.18%) and BlackRock Inc. (4.37%). 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 $59.40. How much money does Freshpet make? Freshpet (NASDAQ:FRPT) has a market capitalization of $2.86 billion and generates $595.34 million in revenue each year. The company earns $-59,490,000.00 in net income (profit) each year or ($1.42) on an earnings per share basis. How many employees does Freshpet have? The company employs 1,011 workers across the globe. 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 5/31/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Freshpet, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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