Freshpet (FRPT) Stock Sinks As Market Gains: Here's Why

Company Performance - Freshpet (FRPT) stock closed at $52.47, down 4.29% from the previous day, underperforming the S&P 500's gain of 0.47% [1] - The stock has decreased by 10.48% over the past month, compared to a 1.75% loss in the Consumer Staples sector and a 2.32% gain in the S&P 500 [1] Upcoming Earnings - Analysts expect Freshpet to report earnings of $0.44 per share, reflecting an 83.33% year-over-year growth [2] - Revenue is projected to be $285.88 million, which is a 12.83% increase from the same quarter last year [2] Annual Forecast - Zacks Consensus Estimates predict earnings of $1.31 per share and revenue of $1.11 billion for the year, indicating increases of 70.13% and 13.86% respectively compared to the previous year [3] Analyst Sentiment - Recent changes in analyst estimates suggest optimism regarding Freshpet's business and profitability [3] - The Zacks Rank system currently rates Freshpet as 3 (Hold), with the EPS estimate remaining unchanged over the last 30 days [5] Valuation Metrics - Freshpet has a Forward P/E ratio of 41.84, which is significantly higher than the industry average of 16.09 [5] - The company has a PEG ratio of 0.97, compared to the industry average PEG ratio of 1.83 [6] Industry Context - The Food - Miscellaneous industry, which includes Freshpet, ranks 163 out of over 250 industries, placing it in the bottom 35% [7] - Historically, the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]