Vital Farms(VITL)
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Vital Farms (VITL) Ascends While Market Falls: Some Facts to Note
ZACKS· 2024-10-25 23:06
The most recent trading session ended with Vital Farms (VITL) standing at $35.32, reflecting a +1.57% shift from the previouse trading day's closing. The stock's performance was ahead of the S&P 500's daily loss of 0.03%. Meanwhile, the Dow experienced a drop of 0.61%, and the technology-dominated Nasdaq saw an increase of 0.56%.Coming into today, shares of the company had lost 0.14% in the past month. In that same time, the Consumer Staples sector lost 2.17%, while the S&P 500 gained 1.39%.The upcoming ear ...
Vital Farms to Report Third Quarter 2024 Financial Results on November 7, 2024
GlobeNewswire News Room· 2024-10-24 12:30
AUSTIN, Texas, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Vital Farms (Nasdaq: VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, will report financial results for the third quarter ended September 29, 2024, on Thursday, November 7, 2024, before market open. Vital Farms will host a conference call and webcast at 8:30 a.m. ET on the same day to discuss the results. To participate on the call and receive dial in information, please register here: Vital Farms Q3 2024 Conference ...
Vital Farms (VITL) Rises Yet Lags Behind Market: Some Facts Worth Knowing
ZACKS· 2024-10-18 23:05
Core Viewpoint - Vital Farms is expected to show strong earnings growth in its upcoming earnings report, with significant increases in both EPS and revenue compared to the previous year [1][2]. Group 1: Company Performance - Vital Farms closed at $40.35, reflecting a +0.2% change from the previous day, which is below the S&P 500's daily gain of 0.4% [1]. - The company's shares have increased by 23.83% over the past month, while the Consumer Staples sector has decreased by 2.13% [1]. - Analysts project an EPS of $0.14 for the upcoming quarter, representing a 40% increase year-over-year, and net sales of $142 million, which is a 28.59% increase from the same period last year [1]. Group 2: Earnings Estimates - For the full year, the Zacks Consensus Estimates predict earnings of $1.11 per share and revenue of $595.7 million, indicating increases of +88.14% and +26.25% respectively from the previous year [1]. - The Zacks Consensus EPS estimate has remained unchanged over the last 30 days, and Vital Farms currently holds a Zacks Rank of 3 (Hold) [2]. Group 3: Valuation and Industry Context - Vital Farms has a Forward P/E ratio of 36.44, which is a premium compared to its industry's Forward P/E of 17.96 [3]. - The Food - Miscellaneous industry, part of the Consumer Staples sector, ranks in the bottom 42% of all industries according to the Zacks Industry Rank [3]. - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [3].
Wall Street Bulls Look Optimistic About Vital Farms (VITL): Should You Buy?
ZACKS· 2024-10-04 14:31
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about Vital Farms (VITL) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Vital Farms currently has an average brokerage recommendat ...
Why Vital Farms (VITL) Dipped More Than Broader Market Today
ZACKS· 2024-10-03 23:20
The most recent trading session ended with Vital Farms (VITL) standing at $35.49, reflecting a -1.58% shift from the previouse trading day's closing. This change lagged the S&P 500's 0.17% loss on the day. Meanwhile, the Dow lost 0.44%, and the Nasdaq, a tech-heavy index, lost 0.04%. Prior to today's trading, shares of the company had gained 18.15% over the past month. This has outpaced the Consumer Staples sector's loss of 0.25% and the S&P 500's gain of 1.25% in that time. Analysts and investors alike wil ...
Morning Omelet? Vital Farms Surges Amid Egg Price Spike
ZACKS· 2024-10-01 17:00
The price of an egg breakfast is back on the rise. Egg prices have spiked in recent weeks due to a large bird flu outbreak that began over the summer. Paired with increased consumer demand, the outbreak is contributing to the higher price tag that we're seeing at the grocery store. Farmers have been battling for more than two years with a fatal strain of bird flu that continues to disrupt the U.S. egg supply. A deadly outbreak of H5N1 – a highly contagious strain of avian influenza – began in early 2022 and ...
Vital Farms (VITL) Flat As Market Sinks: What You Should Know
ZACKS· 2024-09-25 23:20
In the latest trading session, Vital Farms (VITL) closed at $35.73, marking no change from the previous day. This move was narrower than the S&P 500's daily loss of 0.19%. Elsewhere, the Dow saw a downswing of 0.7%, while the tech-heavy Nasdaq appreciated by 0.04%. Shares of the company have appreciated by 10.31% over the course of the past month, outperforming the Consumer Staples sector's gain of 2.38% and the S&P 500's gain of 1.95%. Market participants will be closely following the financial results of ...
Vital Farms (VITL) Registers a Bigger Fall Than the Market: Important Facts to Note
ZACKS· 2024-09-18 23:06
Group 1 - Vital Farms (VITL) shares closed at $31.98, reflecting a -1.39% change from the previous day's closing price, underperforming the S&P 500's daily loss of 0.29% [1] - Over the last month, Vital Farms' shares increased by 4.75%, outperforming the Consumer Staples sector's gain of 3.54% and the S&P 500's gain of 1.57% [1] Group 2 - The upcoming earnings release is anticipated, with an expected EPS of $0.14, representing a 40% increase from the same quarter last year, and projected revenue of $142 million, up 28.59% year-over-year [2] - For the full year, analysts expect earnings of $1.11 per share and revenue of $595.7 million, indicating increases of +88.14% and +26.25% respectively from the previous year [3] Group 3 - Recent changes in analyst estimates for Vital Farms suggest a positive outlook on the company's business operations and profit generation capabilities [4] - The Zacks Rank system, which includes estimate changes, indicates a current Zacks Rank of 3 (Hold) for Vital Farms, with the EPS estimate remaining unchanged over the last 30 days [6] Group 4 - Vital Farms is trading at a Forward P/E ratio of 29.35, which is higher than the industry average Forward P/E of 18.42 [7] - The Food - Miscellaneous industry, part of the Consumer Staples sector, holds a Zacks Industry Rank of 90, placing it in the top 36% of over 250 industries [7][8]
Vital Farms (VITL) Outperforms Broader Market: What You Need to Know
ZACKS· 2024-09-16 23:21
Core Viewpoint - Vital Farms is expected to report strong financial results, with significant year-over-year growth in both earnings and revenue, indicating positive business momentum [2][3]. Financial Performance - In the latest trading session, Vital Farms (VITL) closed at $31.42, reflecting a +0.22% change from the previous day, outperforming the S&P 500's gain of 0.13% [1]. - The company is forecasted to report an EPS of $0.14, representing a 40% increase from the same quarter last year, and projected net sales of $142 million, up 28.59% year-over-year [2]. - Full-year estimates indicate earnings of $1.11 per share and revenue of $595.7 million, showing year-over-year changes of +88.14% and +26.25%, respectively [3]. Analyst Sentiment - Recent shifts in analyst projections for Vital Farms are important, as positive estimate revisions reflect optimism about the company's business and profitability [4]. - The Zacks Rank system, which assesses estimate changes, currently ranks Vital Farms at 3 (Hold), indicating no change in the consensus EPS estimate over the past month [6]. Valuation Metrics - Vital Farms is trading at a Forward P/E ratio of 28.37, which is a premium compared to its industry's Forward P/E of 18.28 [7]. - The Food - Miscellaneous industry, part of the Consumer Staples sector, holds a Zacks Industry Rank of 92, placing it in the top 37% of over 250 industries [7].
Wall Street Analysts Think Vital Farms (VITL) Is a Good Investment: Is It?
ZACKS· 2024-09-12 14:31
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Vital Farms (VITL) . Vital Farms currently has an average brokerage recomm ...