Vital Farms (VITL) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Core Viewpoint - Vital Farms is experiencing fluctuations in stock performance, with a recent decline but a significant increase over the past month, while upcoming financial results are anticipated to show a decline in earnings per share but an increase in revenue [1][2][3]. Group 1: Stock Performance - Vital Farms (VITL) closed at $38.14, reflecting a -1.98% change from the previous day, underperforming compared to the S&P 500's loss of 0.33% [1] - Over the last month, the company's shares have increased by 20.88%, outperforming the Consumer Staples sector's loss of 0.8% and the S&P 500's gain of 4.07% [1] Group 2: Financial Projections - The upcoming earnings report is expected to show an EPS of $0.28, indicating a 22.22% decline from the same quarter last year, while revenue is projected to be $168.88 million, up 14.58% year-over-year [2] - Full-year estimates predict earnings of $1.27 per share and revenue of $743.1 million, representing year-over-year changes of +7.63% and +22.56%, respectively [3] Group 3: Analyst Estimates and Rankings - Recent changes to analyst estimates for Vital Farms suggest optimism regarding the business and profitability, with positive revisions reflecting favorable short-term trends [3] - Vital Farms currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate remaining unchanged over the last 30 days [5] Group 4: Valuation Metrics - Vital Farms has a Forward P/E ratio of 30.72, which is a premium compared to the industry average Forward P/E of 16.17 [6] - The Food - Miscellaneous industry, part of the Consumer Staples sector, has a Zacks Industry Rank of 185, placing it in the bottom 26% of over 250 industries [6][7]