Streetbeat News

FRPT

Freshpet, Inc.

https://www.freshpet.com

Industry

Packaged Foods

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.

Open

86.64

Mkt cap

4.3B

Volume

1.8M

High

90.76

P/E Ratio

94.45

52-wk high

164.07

Low

86.37

Div yield

N/A

52-wk low

80.27

Freshpet (NASDAQ:FRPT) is scheduled to release its quarterly earnings report on Monday, 2024-02-26, with an estimated EPS of $0.05. Analysts and investors will be closely watching for not only an earnings beat but also positive guidance for the next quarter. Historical data shows mixed reactions to past earnings reports, with the stock price experiencing minor fluctuations. Shares of Freshpet have seen a 49.33% increase over the last 52 weeks, indicating a generally positive outlook from long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 7:00 pm

Freshpet (NYSE:FRPT) has seen a decrease in short interest, with 6.16 million shares sold short, representing 12.89% of its float. This is a decline of 6.19% from its last report, indicating a potential shift in market sentiment towards the stock. The current short interest suggests a more bullish outlook, as it takes traders approximately 15.29 days to cover their short positions. Freshpet's short interest is significantly higher than its peer group average of 4.80%, suggesting it has more bearish sentiment compared to its peers.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 2:00 pm

Citigroup analyst Thomas Palmer initiates coverage on Freshpet (NASDAQ:FRPT) with a Neutral rating and sets a price target of $94.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 11:21 am

Piper Sandler has reaffirmed its Overweight rating on Freshpet (NASDAQ:FRPT) and increased its price target from $88.00 to $100.00. Freshpet's shares are currently trading at $87.40, and the new price target suggests a potential upside of 14.42%. Freshpet Inc. is a company that produces natural fresh meals and treats for pets, distributed across various retail channels in North America and internationally.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 5:00 pm

Piper Sandler analyst Michael Lavery has maintained an Overweight rating on Freshpet (NASDAQ:FRPT) and increased the price target from $88 to $100. This adjustment reflects a positive outlook on the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 1:15 pm

Jefferies analyst Kaumil Gajrawala has initiated coverage on Freshpet (NASDAQ:FRPT) with a Hold rating and set a price target of $80 for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 10:51 am

Four consumer staples stocks, Universal Corporation (UVV), e.l.f. Beauty (ELF), Freshpet (FRPT), and Coca-Cola Consolidated (COKE), are showing high Relative Strength Index (RSI) values, indicating they may be overbought. UVV reported a significant increase in operating income, ELF raised its FY23 guidance, FRPT also reported better-than-expected results and raised guidance, and COKE posted increased quarterly sales. Despite positive news, their high RSI values suggest a potential short-term pullback.

Portfolio Pulse from Avi Kapoor

December 15, 2023 | 1:41 pm

DA Davidson analyst Brian Holland has initiated coverage on Freshpet (NASDAQ:FRPT) with a Buy rating, indicating a positive outlook for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 6:13 pm

JP Morgan analyst Ken Goldman maintains a Neutral rating on Freshpet (NASDAQ:FRPT) and lowers the price target from $84 to $67.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 8:11 pm

Several stocks experienced significant movement in Monday's mid-day trading session. Notably, Bluegreen Vacations Holding Corporation (NYSE:BVH) saw a 105.8% increase to $73.11 after announcing its acquisition by Hilton Grand Vacations at $75 per share. Carbon Revolution Public Limited (NASDAQ:CREV) shares jumped 396.2% to $145.49 following a merger with Twin Ridge Capital Acquisition Corp. Verb Technology Company, Inc. (NASDAQ:VERB) shares climbed 59.5% to $0.4086 amid the company announcing new technology integrations for its MARKET.live platform. On the downside, DISH Network Corporation (NASDAQ:DISH) fell 19% to $4.4496 after the company reported third-quarter results and the CEO announced his resignation.

Portfolio Pulse from Lisa Levin

November 06, 2023 | 6:36 pm

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