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Freshpet, Inc. to Participate in Upcoming Investor Conferences
GlobeNewswire News Room· 2024-08-22 12:00
BEDMINSTER, N.J., Aug. 22, 2024 (GLOBE NEWSWIRE) -- Freshpet, Inc. ("Freshpet" or the "Company") (Nasdaq: FRPT) today announced that members of the executive management team will participate in the following upcoming investor conferences: On Thursday, September 5, 2024, the Company will participate in a fireside chat at the Barclays 17th Annual Global Consumer Staples Conference at 2:15 p.m. EDT. On Tuesday, September 10, 2024, the Company will participate in a fireside chat at the Piper Sandler Growth Fron ...
Freshpet (FRPT) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2024-08-08 17:01
Freshpet (FRPT) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. In ...
Why Freshpet Stock Was Climbing Today
The Motley Fool· 2024-08-06 19:37
Shares of Freshpet gained on a delayed reaction to a strong earnings report. Shares of Freshpet (FRPT 4.64%), the maker of fresh, refrigerated dog and cat food, were moving higher the day after the company delivered a better-than-expected earnings report. After the stock got swept up in the broader market sell-off yesterday, it redeemed itself today, tacking on 3.9% as of 1:45 p.m. ET with the help of a bullish analyst note. Freshpet keeps up the growth Freshpet has been gaining market share in the pet food ...
Freshpet Analysts Boost Their Forecasts Following Strong Q2 Results
Benzinga· 2024-08-06 16:08
Freshpet, Inc. FRPT reported better-than-expected second-quarter earnings results on Monday. Freshpet reported second-quarter earnings per share of $0.03 loss, beating the analyst consensus of $0.08 loss. Quarterly sales of $235.253 million beat the street view of $231.053 million. Volume gains of 28.3% entirely drove the increase in net sales. "The momentum we have today gives us even greater confidence in our ability to achieve our 2027 targets, a number of which we have already exceeded," commented Billy ...
Freshpet's Impressive Q2 Sparks Optimism Despite Market Fears
MarketBeat· 2024-08-06 11:32
Freshpet Today FRPT Freshpet $121.41 -0.69 (-0.57%) 52-Week Range $54.60 ▼ $136.35 P/E Ratio 674.54 Price Target $133.76 Add to Watchlist The broad market is in correction mode as recession fears sweep through it, but Freshpet NASDAQ: FRPT is already rebounding because of its performance and improved operational quality. The broad market environment may impact the price action in FRPT in the near term. Still, the industry-leading growth, leverage gains, and rapidly approaching profitability suggest any down ...
Freshpet, Inc. Reports Second Quarter 2024 Financial Results
Newsfilter· 2024-08-05 10:30
Significant Profitability and Operating Cash Flow Improvement Second Quarter 2024 Net Sales Driven Entirely by Volume Growth Company Raises 2024 Net Sales and Adjusted EBITDA Guidance BEDMINSTER, N.J., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Freshpet, Inc. ("Freshpet" or the "Company") (Nasdaq: FRPT) today reported financial results for its second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights Compared to Prior Year Period Net sales of $235.3 million, an increase of 28.3%. Net loss of $1.7 ...
Freshpet (FRPT) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2024-07-30 23:20
The latest trading session saw Freshpet (FRPT) ending at $118.52, denoting a -1.61% adjustment from its last day's close. This change lagged the S&P 500's daily loss of 0.5%. Elsewhere, the Dow saw an upswing of 0.5%, while the tech-heavy Nasdaq depreciated by 1.28%. Analysts and investors alike will be keeping a close eye on the performance of Freshpet in its upcoming earnings disclosure. The company's earnings report is set to go public on August 5, 2024. The company's upcoming EPS is projected at -$0.06, ...
Freshpet (FRPT) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
ZACKS· 2024-07-29 15:06
Zacks Consensus Estimate The consensus EPS estimate for the quarter has been revised 0.07% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising ...
Freshpet: Anticipating Strong Growth And Positive Earnings In 2024 (Upgrade)
Seeking Alpha· 2024-07-01 15:56
F i I H 1 Yagi Studio Elevator Pitch Freshpet, Inc. (NASDAQ:FRPT) shares are rated as a Buy. I previously performed a preview of FRPT's results for the second quarter of the prior year with my August 3, 2023 write-up. The current article touches on Freshpet's top line growth prospects and profitability improvement potential. I expect Freshpet to record robust revenue expansion at the mid-twenties percentage level and achieve positive earnings this year. The company's top-line performance should benefit from ...
Why Freshpet (FRPT) Outpaced the Stock Market Today
ZACKS· 2024-06-18 23:20
In the latest trading session, Freshpet (FRPT) closed at $131.21, marking a +1.16% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.25%. Meanwhile, the Dow gained 0.15%, and the Nasdaq, a tech-heavy index, added 0.03%. Market participants will be closely following the financial results of Freshpet in its upcoming release. The company's earnings per share (EPS) are projected to be -$0.05, reflecting an 85.71% increase from the same quarter last year. Our most rec ...