Freshpet, Inc. (FRPT)

NASDAQ: FRPT · IEX Real-Time Price · USD
63.92
-2.09 (-3.17%)
At close: Sep 22, 2023, 4:00 PM
65.90
+1.98 (3.10%)
After-hours: Sep 22, 2023, 5:35 PM EDT
-3.17%
Market Cap 3.08B
Revenue (ttm) 668.02M
Net Income (ttm) -63.10M
Shares Out 48.22M
EPS (ttm) -1.31
PE Ratio n/a
Forward PE 104.17
Dividend n/a
Ex-Dividend Date n/a
Volume 619,824
Open 66.07
Previous Close 66.01
Day's Range 63.55 - 66.50
52-Week Range 43.96 - 84.70
Beta 0.95
Analysts Buy
Price Target 89.64 (+40.24%)
Earnings Date Oct 31, 2023

About FRPT

Freshpet, Inc. manufactures and markets natural fresh meals and treats for dogs and cats in the United States, Canada, and Europe. The company sells its products under the Freshpet brand; and Dognation and Dog Joy labels through various classes of retail, including grocery, mass, club, pet specialty, and natural, as well as online. Freshpet, Inc. was incorporated in 2004 and is headquartered in Secaucus, New Jersey. [Read more]

Industry Packaged Foods
IPO Date Nov 7, 2014
Employees 1,011
Stock Exchange NASDAQ
Ticker Symbol FRPT
Full Company Profile

Financial Performance

In 2022, Freshpet's revenue was $595.34 million, an increase of 39.92% compared to the previous year's $425.49 million. Losses were -$59.49 million, 100.3% more than in 2021.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for FRPT stock is "Buy." The 12-month stock price forecast is $89.64, which is an increase of 40.24% from the latest price.

Price Target
$89.64
(40.24% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Freshpet, Inc. to Participate in the Piper Sandler Growth Frontiers Conference

SECAUCUS, N.J., Aug. 29, 2023 (GLOBE NEWSWIRE) -- Freshpet, Inc. (“Freshpet” or the “Company”) (NASDAQ:FRPT) today announced that members of the executive management team will participate in the Piper...

25 days ago - GlobeNewsWire

One of these 5 Pet Care Stocks Can Be the Next Short Squeeze

Pet care stocks are not exciting, and they are low growth, but they offer significant returns for investors over the long. Takeaways from the sector include growth driven by secular tailwinds and supp...

Other symbols: CHWYPETSWOOF
4 weeks ago - MarketBeat

Freshpet in deal with shareholder Jana Partners, will add two directors to its board

Freshpet Inc.'s stock FRPT, +0.15% rose 1.5% premarket Monday, after the maker of fresh food for dogs and cats said it's reached an agreement with Jana Partners, one of its largest shareholders. Under...

4 weeks ago - Market Watch

Freshpet and JANA Partners Announce Cooperation Agreement

Timothy McLevish, former Kraft Foods CFO, and Joseph E. Scalzo, former Simply Good Foods CEO, join Freshpet Board of Directors

4 weeks ago - GlobeNewsWire

Freshpet, Inc. Reports Second Quarter 2023 Financial Results

Raises Adjusted EBITDA guidance; re-affirms net sales guidance Volume growth is strong and accelerating Strong operating performance on input costs, logistics and quality

6 weeks ago - GlobeNewsWire

Freshpet, Inc. to Report Second Quarter 2023 Results on Monday, August 7, 2023

SECAUCUS, N.J., July 24, 2023 (GLOBE NEWSWIRE) -- Freshpet, Inc. (NASDAQ: FRPT) (“Freshpet” or the “Company”) today announced it will report results for the second quarter ended June 30, 2023 on Monda...

2 months ago - GlobeNewsWire

Freshpet Appoints Dave West to its Board of Directors

West brings nearly 30 years of experience leading high-growth pet and CPG companies and brands Walt George assumes role of Board Chair, effective immediately, as Charles Norris retires from Board SECA...

2 months ago - GlobeNewsWire

Freshpet Further Advances its Operational Improvement Plan with New Hires, Bringing Additional Capabilities to Support Growth and Margin Expansion

Appointment of Christopher Kraus as Chief Information Officer, Nishu Patel as VP, Corporate Controller and Wyatt Hassel to VP of Manufacturing Appointment of Christopher Kraus as Chief Information Off...

3 months ago - GlobeNewsWire

Jana Partners Responds to Freshpet's Half-measure Attempt to Resolve Rampant Conflicts of Interest, Governance Failures and Breaches of Fiduciary Duty

NEW YORK--(BUSINESS WIRE)--JANA Partners (“JANA”), which along with its affiliates and partners, owns 9.5% of Freshpet, Inc. (NASDAQ:FRPT) (“Freshpet” or the “Company”) today issued the following stat...

3 months ago - Business Wire

Freshpet Files Preliminary Proxy Statement

Offers to interview JANA's independent director candidates in light of recent director departure Highlights extensive engagement with JANA and previous Board actions to promote the best interest of sh...

4 months ago - GlobeNewsWire

JANA Partners Files Lawsuit to Stop Freshpet Board's Highly Entrenching Actions Intended to Disenfranchise Shareholders and Manipulate Shareholder Vote

NEW YORK--(BUSINESS WIRE)--JANA Partners (“JANA”), which along with its affiliates and partners owns 9.5% of Freshpet, Inc. (NASDAQ:FRPT) (“Freshpet” or the “Company”), today filed a complaint in the ...

4 months ago - Business Wire

Freshpet says activist Jana Partners made ‘unfounded' claims

Freshpet Inc. FRPT, +0.91% shares dropped 1% in the extended session Tuesday after the pet-food company fired the latest volley in its battle with activist investor Jana Partners. Freshpet said Jana m...

4 months ago - Market Watch

Freshpet Responds to JANA Partners' Letter Regarding Freshpet Board Actions

SECAUCUS, N.J., May 30, 2023 (GLOBE NEWSWIRE) -- Freshpet, Inc. (NASDAQ: FRPT) (“Freshpet” or the “Company”) today delivered the following letter to the legal counsel of the JANA Partners in response ...

4 months ago - GlobeNewsWire

JANA Partners Provides Urgent Notice to All Freshpet Shareholders to Recall Shares on Loan by Purported June 12, 2023 Record Date

NEW YORK--(BUSINESS WIRE)--JANA Partners (“JANA”), which along with its affiliates and partners, owns 9.3% of Freshpet, Inc. (NASDAQ:FRPT), “Freshpet” or the “Company), today provided the guidance to ...

4 months ago - Business Wire

Freshpet, Inc. to Participate in the Stifel 2023 Cross Sector Insight Conference

SECAUCUS, N.J., May 30, 2023 (GLOBE NEWSWIRE) -- Freshpet, Inc. (“Freshpet” or the “Company”) (NASDAQ:FRPT) today announced that members of the executive management team will participate in the Stifel...

4 months ago - GlobeNewsWire

INVESTIGATION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Freshpet, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)---- $FRPT #FRPT--The Schall Law Firm Announces it is Investigating Claims Against Freshpet, Inc. and Encourages Investors with Losses to Contact the Firm.

4 months ago - Business Wire

INVESTIGATION ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Freshpet, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 27, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Freshpet, Inc. ("F...

4 months ago - Accesswire

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Freshpet, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES , May 27, 2023 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Freshpet, Inc. ("Fres...

4 months ago - PRNewsWire

INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Freshpet, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 26, 2023 / Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Freshpet, Inc. ("Fresh...

4 months ago - Accesswire

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Freshpet, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)---- $FRPT #FRPT--The Schall Law Firm Announces it is Investigating Claims Against Freshpet, Inc. and Encourages Investors with Losses to Contact the Firm.

4 months ago - Business Wire

Jana Partners Calls on Freshpet Board to Immediately Rectify Highly Entrenching Actions Intended to Disenfranchise Shareholders and Manipulate Shareholder Vote

NEW YORK--(BUSINESS WIRE)--JANA Partners (“JANA”), which along with its affiliates and partners, owns 9.3% of Freshpet, Inc. (“Freshpet” or the “Company”) (NASDAQ:FRPT), today delivered the following ...

4 months ago - Business Wire

Freshpet Issues Statement Regarding JANA Partners' Press Release

SECAUCUS, N.J., May 24, 2023 (GLOBE NEWSWIRE) -- Freshpet, Inc. (NASDAQ: FRPT) (“Freshpet” or the “Company”) today issued the following statement in response to JANA Partners LLC's (“JANA”) May 24, 20...

4 months ago - GlobeNewsWire

Jana Prepares for Proxy Fight at Freshpet

Activist investor plans to nominate four directors for the pet-food company's board.

4 months ago - WSJ

JANA Partners to Nominate Four Highly Qualified Directors to Freshpet Board

NEW YORK--(BUSINESS WIRE)--JANA Partners (“JANA”) today announced that it will be nominating four highly qualified candidates to Freshpet, Inc.'s (“Freshpet” or the “Company”) (NASDAQ:FRPT) Board of D...

4 months ago - Business Wire

Freshpet Advances Operational Improvement Plan Through Board Changes

Current Director Walt George will be named Chair to replace retiring Charles Norris Former Conagra executive David Biegger will join the Freshpet Board Biegger and George bring decades of CPG experien...

4 months ago - GlobeNewsWire