Freshpet Inc (FRPT) concluded trading on Wednesday at a closing price of $146.34, with 0.47 million shares of worth about $69.23 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 20.01% during that period and on January 08, 2025 the price saw a loss of about -0.05%. Currently the company’s common shares owned by public are about 48.54M shares, out of which, 47.82M shares are available for trading.
Stock saw a price change of -1.20% in past 5 days and over the past one month there was a price change of -5.20%. Year-to-date (YTD), FRPT shares are showing a performance of -1.20% which increased to 76.06% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $82.21 but also hit the highest price of $160.91 during that period. The average intraday trading volume for Freshpet Inc shares is 504.01K. The stock is currently trading 0.47% above its 20-day simple moving average (SMA20), while that difference is down -1.53% for SMA50 and it goes to 10.62% higher than SMA200.
Freshpet Inc (NASDAQ: FRPT) currently have 48.54M outstanding shares and institutions hold larger chunk of about 108.74% of that.
The stock has a current market capitalization of $7.10B and its 3Y-monthly beta is at 1.41. PE ratio of stock for trailing 12 months is 166.33, while it has posted earnings per share of $0.88 in the same period. It has Quick Ratio of 3.91 while making debt-to-equity ratio of 0.42. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FRPT, volatility over the week remained 3.22% while standing at 2.84% over the month.
Analysts are in expectations that Freshpet Inc (FRPT) stock would likely to be making an EPS of 0.46 in the current quarter, while forecast for next quarter EPS is 0.32 and it is 1.54 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.42 which is 0.53 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.39 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 229.43% while it is estimated to increase by 68.54% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Redburn Atlantic on May 23, 2024 offering a Buy rating for the stock and assigned a target price of $168 to it. Coverage by Deutsche Bank stated Freshpet Inc (FRPT) stock as a Buy in their note to investors on May 23, 2024, suggesting a price target of $150 for the stock. On March 11, 2024, Truist Upgrade their recommendations, while on February 01, 2024, Citigroup Initiated their ratings for the stock with a price target of $94. Stock get a Hold rating from Jefferies on December 19, 2023.
