Streetbeat News

VITL

Vital Farms, Inc.

https://www.vitalfarms.com

Industry

Agricultural Farm Products

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

Open

28.63

Mkt cap

1.2B

Volume

1.2M

High

29.13

P/E Ratio

25.12

52-wk high

48.41

Low

28.10

Div yield

N/A

52-wk low

12.38

The article highlights three oversold stocks in the consumer staples sector: Dollar Tree Inc (DLTR), Estee Lauder Companies Inc (EL), and Vital Farms, Inc. (VITL). These stocks have RSI values near or below 30, indicating potential buying opportunities. Analysts have provided mixed ratings and price targets for these companies.

Portfolio Pulse from Avi Kapoor

August 13, 2024 | 12:42 pm

Vital Farms (NASDAQ:VITL) has been analyzed by 4 analysts in the last quarter, showing a mix of bullish and indifferent sentiments. The average 12-month price target has increased by 12.49% to $41.25. Key analysts have adjusted their ratings and price targets, reflecting dynamic market conditions and company performance. Vital Farms has shown strong financial metrics, including a 24.13% revenue growth rate, a 12.86% net margin, and a low debt-to-equity ratio of 0.11.

Portfolio Pulse from Benzinga Insights

August 09, 2024 | 7:00 pm

Stifel analyst Matthew Smith maintains a Hold rating on Vital Farms (NASDAQ:VITL) and lowers the price target from $42 to $34.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 12:54 pm

TD Cowen analyst Robert Moskow has upgraded Vital Farms (NASDAQ:VITL) from Hold to Buy and set a price target of $44.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 10:40 am

Vital Farms has raised its FY24 revenue guidance to at least $590 million, up from $575 million, surpassing the $585.76 million estimate. The company also increased its adjusted EBITDA guidance to at least $75 million from $70 million.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 11:25 am

Vital Farms (NASDAQ:VITL) reported Q2 2024 GAAP EPS of $0.36, beating the $0.20 estimate by 80%. Sales were $147.388M, surpassing the $138.425M estimate by 6.48% and marking a 38.46% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 11:23 am

Vital Farms (NASDAQ:VITL) has received mixed ratings from 5 analysts over the past three months, with a recent average price target of $38.8, reflecting a 39.57% increase from the previous target. Analysts have raised their price targets, indicating a positive outlook on the company's future performance.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 4:01 pm

Stifel analyst Matthew Smith maintains a Hold rating on Vital Farms (NASDAQ:VITL) and raises the price target from $40 to $42.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 2:24 pm

As of June 6, 2024, four consumer staples stocks—Natural Grocers by Vitamin Cottage Inc (NGVC), Philip Morris International Inc (PM), Walmart Inc (WMT), and Vital Farms, Inc. (VITL)—are considered overbought based on their RSI values. These stocks have shown significant recent gains, but their high RSI values suggest potential short-term price corrections.

Portfolio Pulse from Avi Kapoor

June 06, 2024 | 11:46 am

As of May 21, 2024, five consumer staples stocks are showing overbought signals based on their RSI values. These stocks include Costco Wholesale Corporation, Celsius Holdings, Vital Farms, Mama’s Creations, and Webuy Global. Investors should be cautious as these stocks have shown significant price increases recently, which may indicate potential short-term volatility.

Portfolio Pulse from Avi Kapoor

May 21, 2024 | 11:59 am

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