Vital Farms (VITL) Stock Price, News & Analysis

Company Overview

Vital Farms, Inc., a food company, provides pasture-raised products in the United States. It offers shell eggs, butter, hard-boiled eggs, and liquid whole eggs. The company was founded in 2007 and is headquartered in Austin, Texas.

Key Stats

• Today's Range: $32.45 to $33.45
• 50-Day Range: $29.28 to $43.24
• 52-Week Range: $10.41 to $48.41
• Volume: 1.21 million shs
• Average Volume: 692,386 shs
• Market Capitalization: $1.41 billion
• P/E Ratio: 39.33
• Dividend Yield: N/A
• Price Target: $34.60
• Consensus Rating: Moderate Buy

Vital Farms Stock Analysis - MarketRank™

Vital Farms scored higher than 63% of companies evaluated by MarketBeat, and ranked 80th out of 150 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Vital Farms has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Vital Farms has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 7.21%

Earnings Growth

Earnings for Vital Farms are expected to grow by 7.21% in the coming year, from $1.11 to $1.19 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Vital Farms is 39.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.80.

Price to Earnings Ratio vs. Sector

The P/E ratio of Vital Farms is 39.33, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 22.69.

Price to Book Value per Share Ratio

Vital Farms has a P/B Ratio of 7.22. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

27.16% of the float of Vital Farms has been sold short.

Short Interest Ratio / Days to Cover

Vital Farms has a short interest ratio ("days to cover") of 8.3.

Change versus previous month

Short interest in Vital Farms has recently increased by 12.57%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Vital Farms does not currently pay a dividend.

Dividend Growth

Vital Farms does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 1.2 / 5
• Environmental Score: -4.17

Percentage of Shares Shorted

27.16% of the float of Vital Farms has been sold short.

Short Interest Ratio / Days to Cover

Vital Farms has a short interest ratio ("days to cover") of 8.3.

Change versus previous month

Short interest in Vital Farms has recently increased by 12.57%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 1.33

News Sentiment

Vital Farms has a news sentiment score of 1.33. 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 higher news sentiment than the 0.61 average news sentiment score of Consumer Staples companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Vital Farms this week, compared to 4 articles on an average week.

Search Interest

Only 6 people have searched for VITL on MarketBeat in the last 30 days. This is a decrease of -65% compared to the previous 30 days.

MarketBeat Follows

Only 7 people have added Vital Farms to their MarketBeat watchlist in the last 30 days. This is a decrease of -30% compared to the previous 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Vital Farms insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,889,814.00 in company stock.

Percentage Held by Insiders

30.20% of the stock of Vital Farms is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

98.59% of the stock of Vital Farms is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

VITL Stock Analysis - Frequently Asked Questions

How have VITL shares performed this year?

Vital Farms' stock was trading at $15.69 on January 1st, 2024. Since then, VITL stock has increased by 113.1% and is now trading at $33.43.
View the best growth stocks for 2024 here.

How were Vital Farms' earnings last quarter?

Vital Farms, Inc. (NASDAQ:VITL) released its earnings results on Thursday, August, 8th. The company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.16. The business's quarterly revenue was up 38.5% on a year-over-year basis.

When did Vital Farms IPO?

Vital Farms (VITL) raised $125 million in an IPO on Friday, July 31st 2020. The company issued 7,800,000 shares at a price of $15.00-$17.00 per share. Goldman Sachs, Morgan Stanley and Credit Suisse served as the underwriters for the IPO and Jefferies was co-manager.

Who are Vital Farms' major shareholders?

Vital Farms' top institutional investors include Amazon Com Inc. (3.63%), William Blair Investment Management LLC (2.56%), Marshall Wace LLP (2.22%) and Dimensional Fund Advisors LP (1.92%). Insiders that own company stock include Matthew Ohayer, Russell Diez-Canseco, Karl Khoury, Joanne Bal, Stephanie Coon, Jason Dale, Denny Marie Post and Brent Drever.
View institutional ownership trends.

How do I buy shares of Vital Farms?

Shares of VITL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Vital Farms own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Vital Farms investors own include NIO (NIO), Peloton Interactive (PTON), Boeing (BA), Chewy (CHWY), Lululemon Athletica (LULU), Marvell Technology (MRVL) and American Airlines Group (AAL).

Company Calendar

• Last Earnings: 8/08/2024
• Today: 9/20/2024
• Next Earnings (Estimated): 11/07/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Staples
• Industry: Food & kindred products
• Sub-Industry: Food Products
• Current Symbol: NASDAQ:VITL
• CUSIP: N/A
• CIK: 1579733
• Web: www.vitalfarms.com
• Phone: 877-455-3063
• Fax: N/A
• Employees: 290
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $34.60
• High Stock Price Target: $45.00
• Low Stock Price Target: $18.00
• Potential Upside/Downside: +3.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.71
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.85
• Trailing P/E Ratio: 39.24
• Forward P/E Ratio: 30.05
• P/E Growth: N/A
• Net Income: $25.57 million
• Net Margins: 8.70%
• Pretax Margin: 10.61%
• Return on Equity: 22.77%
• Return on Assets: 16.44%

Debt

• Debt-to-Equity Ratio: 0.04
• Current Ratio: 3.50
• Quick Ratio: 3.03

Sales & Book Value

• Annual Sales: $541.56 million
• Price / Sales: 2.60
• Cash Flow: $0.97 per share
• Price / Cash Flow: 34.43
• Book Value: $4.63 per share
• Price / Book: 7.20

Miscellaneous

• Outstanding Shares: 42,177,000
• Free Float: 29,440,000
• Market Cap: $1.41 billion
• Optionable: Optionable
• Beta: 0.96