Freshpet Inc

Freshpet Inc Stock Forecast & Price Prediction

Live Freshpet Inc Stock (FRPT) Price
$154.37

20

Ratings

  • Buy 15
  • Hold 4
  • Sell 1
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$154.37

P/E Ratio

171.52

Volume Traded Today

$448,300

Dividend

Dividends not available for FRPT

52 Week High/low

160.91/75.81

Freshpet Inc Market Cap

$7.49B

๐Ÿ›‘ Alert: These ten stocks could have higher potential than $FRPT ๐Ÿ›‘

Before you buy FRPT you'll want to see this list of ten stocks that have huge potential. Want to see if FRPT made the cut? Enter your email below

FRPT Summary

Based on ratings from 20 stock analysts, the Freshpet Inc stock price is expected to increase by 6.93% in 12 months. This is calculated by using the average 12-month stock price forecast for Freshpet Inc. The lowest target is $104 and the highest is $189. Please note analyst price targets are not guaranteed and could be missed completely.

FRPT Analyst Ratings

About 20 Wall Street analysts have assigned FRPT 15 buy ratings, 4 hold ratings, and 1 sell ratings. This means that analysts expect Freshpet Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on FRPT. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

FRPT stock forecast by analyst

These are the latest 20 analyst ratings of FRPT.

Analyst/Firm

Rating

Price Target

Change

Date

Rupesh Parikh
Oppenheimer

Outperform

$180

Maintains

Nov 14, 2024
Mark Astrachan
Stifel

Buy

$165

Maintains

Nov 6, 2024
Bill Chappell
Truist Securities

Buy

$170

Maintains

Nov 5, 2024
Brian Holland
DA Davidson

Buy

$189

Maintains

Nov 5, 2024
Marc Torrente
Wells Fargo

Overweight

$175

Maintains

Nov 5, 2024
Stephen Powers
Deutsche Bank

Buy

$163

Maintains

Nov 5, 2024
Ken Goldman
JP Morgan

Neutral

$154

Maintains

Nov 5, 2024
Peter Benedict
Baird

Outperform

$170

Maintains

Nov 5, 2024
Robert Moskow
TD Cowen

Buy

$174

Maintains

Nov 5, 2024
John Lawrence
Benchmark

Buy

$185

Maintains

Nov 5, 2024
John Lawrence
Benchmark

Buy

$150

Reiterates

Nov 1, 2024
Mark Astrachan
Stifel

Buy

$155

Maintains

Oct 18, 2024
Bill Chappell
Truist Securities

Buy

$160

Maintains

Oct 16, 2024
Robert Moskow
TD Cowen

Buy

$160

Maintains

Sep 4, 2024
Peter Benedict
Baird

Outperform

$157

Maintains

Sep 3, 2024
John Lawrence
Benchmark

Buy

$150

Reiterates

Aug 7, 2024
Peter Benedict
Baird

Outperform

$140

Maintains

Aug 6, 2024
Ken Goldman
JP Morgan

Neutral

$126

Maintains

Aug 6, 2024
Thomas Palmer
Citigroup

Neutral

$129

Maintains

Jul 17, 2024
Marc Torrente
Wells Fargo

Overweight

$145

Maintains

Jul 10, 2024

FRPT Company Information

What They Do: Produces fresh meals and treats for pets.

Business Model: The company manufactures and markets natural fresh meals and treats for dogs and cats. It generates revenue through the sale of its products across various retail channels, including grocery stores, mass retailers, and online platforms.

Other Information: Founded in 2004 and headquartered in Secaucus, New Jersey, Freshpet operates in the growing pet food market, focusing on healthy, natural options for pet owners. Its brand portfolio includes Freshpet, Dognation, and Dog Joy, catering to diverse consumer preferences.
FRPT
Freshpet Inc (FRPT)

When did it IPO

2014

Staff Count

1,083

Country

United States

Sector/Industry

Consumer Defensive/Packaged Foods

CEO

Mr. William B. Cyr

Market Cap

$7.49B

Freshpet Inc (FRPT) Financial Data

In 2023, FRPT generated $766.9M in revenue, which was a increase of 28.82% from the previous year. This can be seen as a signal that FRPT's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$318.8M

Revenue From 2021

$425.5M

33.47 %
From Previous Year

Revenue From 2022

$595.3M

39.92 %
From Previous Year

Revenue From 2023

$766.9M

28.82 %
From Previous Year
  • Revenue TTM $927.9M
  • Operating Margin TTM 4.8%
  • Gross profit TTM $250.9M
  • Return on assets TTM 1.4%
  • Return on equity TTM 4.5%
  • Profit Margin 4.8%
  • Book Value Per Share 21.05%
  • Market capitalisation $7.49B
  • Revenue for 2021 $425.5M
  • Revenue for 2022 $595.3M
  • Revenue for 2023 $766.9M
  • EPS this year (TTM) $0.90

Freshpet Inc (FRPT) Latest News

News Image

Thu, 05 Dec 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - The Zacks Food-Miscellaneous industry faces challenges from consumer trends and rising costs, but companies GIS, MKC, INGR, and FRPT are poised for growth through brand enhancement and cost-saving initiatives.

Why It Matters - Rising costs and a challenging consumer environment may impact profitability in the food sector, but brand initiatives could drive growth for GIS, MKC, INGR, and FRPT, influencing stock performance.

News Image

Fri, 29 Nov 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

Summary - On Nov. 28, most U.S. stock indices declined due to negative inflation data showing an increase in the monthly consumer price index.

Why It Matters - Rising inflation may signal tighter monetary policy, impacting corporate earnings and consumer spending, leading to increased market volatility and potential declines in stock valuations.

News Image

Tue, 26 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Freshpet (FRPT) is currently at a 52-week high, prompting investors to examine the company's fundamentals for potential future gains.

Why It Matters - Freshpet's 52-week high signals strong market demand and investor confidence, but future gains depend on solid fundamentals and growth prospects, impacting investment strategies.

News Image

Wed, 20 Nov 2024

Sentiment - NEGATIVE

Source - Benzinga

Summary - As of November 20, 2024, three consumer staples stocks are signaling caution for momentum-focused investors.

Why It Matters - Warning signals in consumer staples stocks suggest potential declines in momentum, indicating a shift that could affect portfolio performance and risk assessments.

News Image

Sat, 09 Nov 2024

Sentiment - NEUTRAL

Source - The Motley Fool

Summary - The news excerpt compares two pet stocks to determine which is a better investment option. Further details on performance or metrics are not provided.

Why It Matters - The comparison of pet stocks can highlight investment opportunities, potential for growth, and market positioning, influencing portfolio decisions and sector trends.

News Image

Tue, 05 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - FRPT achieves its 25th consecutive quarter with over 25% year-on-year net sales growth, indicating strong performance and consistency in revenue expansion.

Why It Matters - FRPT's consistent 25% annual sales growth over 25 quarters signals strong demand and operational stability, enhancing investor confidence and potential for future profitability.

...

FRPT Frequently asked questions

The highest forecasted price for FRPT is $189 from Brian Holland at DA Davidson.

The lowest forecasted price for FRPT is $104 from from

The FRPT analyst ratings consensus are 15 buy ratings, 4 hold ratings, and 1 sell ratings.