Freshpet, Inc. (FRPT)
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]
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 StatementsAnalyst 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.
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...

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...

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...

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

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

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...

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...

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...

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...

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...

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 ...

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...

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 ...

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 ...

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...

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.

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...

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...

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...

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.

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 ...

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...

Jana Prepares for Proxy Fight at Freshpet
Activist investor plans to nominate four directors for the pet-food company's board.

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...

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...