Core Insights - Vital Farms (VITL) reported quarterly earnings of $0.16 per share, exceeding the Zacks Consensus Estimate of $0.14 per share, and up from $0.10 per share a year ago, representing an earnings surprise of 14.29% [1] - The company achieved revenues of $145 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 0.21% and increasing from $110.43 million year-over-year [2] - Vital Farms has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Earnings Performance - The company had an earnings surprise of 71.43% in the previous quarter, where actual earnings were $0.36 compared to an expected $0.21 [1] - The current consensus EPS estimate for the upcoming quarter is $0.18, with projected revenues of $159.13 million, and for the current fiscal year, the EPS estimate is $1.11 on revenues of $599.07 million [7] Stock Performance - Vital Farms shares have increased approximately 135% since the beginning of the year, significantly outperforming the S&P 500's gain of 24.3% [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating expectations of outperforming the market in the near future [6] Industry Context - Vital Farms operates within the Zacks Food - Miscellaneous industry, which is currently ranked in the bottom 43% of over 250 Zacks industries [8] - The performance of the stock may be influenced by the overall outlook for the industry, as top-ranked industries tend to outperform lower-ranked ones by a factor of more than 2 to 1 [8]

As Vital Farms, Inc. (VITL) prepares to release its third-quarter 2024 earnings report on Nov. 7 before the opening bell, anticipation is building around its revenue growth potential. Several strategic initiatives and trends suggest that the company is poised for a strong performance.With a commitment to ethical food production and high-quality, pasture-raised products, Vital Farms has established a distinctive position in the competitive food industry. The Zacks Consensus Estimate for third-quarter revenue ...

In the latest trading session, Vital Farms (VITL) closed at $34.56, marking a -0.35% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 0.41% for the day. Elsewhere, the Dow gained 0.69%, while the tech-heavy Nasdaq added 0.8%.The company's shares have seen a decrease of 2.28% over the last month, surpassing the Consumer Staples sector's loss of 5.18% and falling behind the S&P 500's loss of 0.97%.The investment community will be paying close attention to the earning ...

Vital Farms (VITL) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this company have returned -2.3% over the past month versus the Zacks S&P 500 composite's -1% change. The Zacks Food - Miscellaneous industry, to which Vital Farms belongs, has lost 4.9% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases or r ...

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 ...

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 ...

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].

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 ...

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 ...

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 ...