Freshpet, Inc. (FRPT)
| Market Cap | 5.06B |
| Revenue (ttm) | 766.90M |
| Net Income (ttm) | -33.61M |
| Shares Out | 48.29M |
| EPS (ttm) | -0.70 |
| PE Ratio | n/a |
| Forward PE | 977.50 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 692,806 |
| Open | 104.30 |
| Previous Close | 103.84 |
| Day's Range | 103.51 - 106.23 |
| 52-Week Range | 54.60 - 117.76 |
| Beta | 1.23 |
| Analysts | Buy |
| Price Target | 106.86 (+2.07%) |
| Earnings Date | May 6, 2024 |
About FRPT
Freshpet, Inc., together with its subsidiaries, manufactures, distributes, and markets natural fresh meals and treats for dogs and cats in the United States, Canada, and Europe. It sells dog food, cat food, and dog treats under the Freshpet brand name; and Dognation and Dog Joy labels through various classes of retail, including grocery, mass, club, pet specialty, and natural, as well as online. The company was incorporated in 2004 and is headquartered in Secaucus, New Jersey. [Read more]
Financial Performance
In 2023, Freshpet's revenue was $766.90 million, an increase of 28.82% compared to the previous year's $595.34 million. Losses were -$33.61 million, -43.50% less than in 2022.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for FRPT stock is "Buy." The 12-month stock price forecast is $106.86, which is an increase of 2.07% from the latest price.
News
Freshpet, Inc. to Report First Quarter 2024 Results on Monday, May 6, 2024
SECAUCUS, N.J., April 16, 2024 (GLOBE NEWSWIRE) -- Freshpet, Inc. (Nasdaq: FRPT) (“Freshpet” or the “Company”) today announced it will report results for the first quarter ended March 31, 2024 on Mond...
Freshpet and Global Superstar Meghan Trainor Announce Partnership on National Pet Day
Freshpet teams up with the critically acclaimed superstar and dog-lover to raise awareness around the benefits of feeding fresh food to pets Editor's Note: Images and New Song can be found via this LI...
Freshpet Announces Updates to its Board of Directors
Lauri Kien Kotcher to join Freshpet Board of Directors Current Director Lawrence Coben to retire to refresh Board and improve Board diversity SECAUCUS, N.J., April 10, 2024 (GLOBE NEWSWIRE) -- Freshpe...
Freshpet (FRPT) Gets Thrown a Bone with Good Earnings
Freshpet (FRPT) soars after earnings beat. Its adjusted EPS came in at $0.31 versus an estimated $0.09 and revenue came in at $215.42M versus an estimated $203.68M.
Freshpet's Sales Outlook Is Strong. It Has ‘Solidly Executed the Playbook.
Freshpet expects revenue of $950 million in 2024, better than Wall Street estimates of $944.9 million.
Freshpet's stock rises as pet food maker swings to larger-than-expected profit
Freshpet Inc.'s stock FRPT, +1.90% was up by 10% in premarket trading on Monday after the pet food company's fourth-quarter revenue and profit topped analyst estimates. Freshpet said it earned $15.66 ...
Freshpet, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results
Full Year 2023 Net Sales and Adjusted EBITDA Exceed Company Guidance Sixth Consecutive Year of >25% Net Sales Growth Provides Full Year 2024 Outlook
Freshpet, Inc. to Participate in the 2024 ICR Conference
SECAUCUS, N.J., Jan. 02, 2024 (GLOBE NEWSWIRE) -- Freshpet, Inc. (“Freshpet” or the “Company”) (NASDAQ:FRPT) today announced that members of the executive management team will participate in the 2024 ...
Freshpet CEO Billy Cyr: We're seeing no signs of slowing in the pet food market
Billy Cyr, CEO of Freshpet, joins 'The Exchange' to discuss rising shares of the company after earnings results, consumer spending trends in the industry, and more.
Freshpet stock rallies on upped revenue outlook and narrower-than-expected Q3 loss
Freshpet Inc.'s stock FRPT, +0.33% was up 9% in premarket trading on Monday after the company reported a narrower-than-expected third-quarter loss and boosted its revenue outlook for 2023. Freshpet re...
Freshpet, Inc. Reports Third Quarter 2023 Financial Results
Raises 2023 Adjusted EBITDA and net sales guidance Volume and household penetration growth are strong and accelerating Strong execution on input costs, logistics and quality continue to drive margin i...
Freshpet Appoints Empower Media to Its Agency Roster
CHICAGO--(BUSINESS WIRE)-- #advertising--Freshpet, the leading fresh pet food brand in America, has appointed Empower Media, America's Biggest woman-owned media agency to its roster.
Freshpet, Inc. to Participate in the Stephens Annual Investment Conference
SECAUCUS, N.J., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Freshpet, Inc. (“Freshpet” or the “Company”) (NASDAQ:FRPT) today announced that members of the executive management team will participate in the Steph...
Freshpet, Inc. to Report Third Quarter 2023 Results on Monday, November 6, 2023
SECAUCUS, N.J., Oct. 23, 2023 (GLOBE NEWSWIRE) -- Freshpet, Inc. (NASDAQ: FRPT) (“Freshpet” or the “Company”) today announced it will report results for the third quarter ended September 30, 2023 on M...
Freshpet CEO Wants Scout to Be Pet Parents' AI Copilot
Sometimes when you need to resolve a concern or issue, you would do almost anything to not have to talk to a human. On other occasions, you're more than eager to skip automated prompts and connect dir...
Emplifi Helps Freshpet Streamline Customer Engagement Strategies, Reducing Call Volumes By Nearly 40%
NEW YORK--(BUSINESS WIRE)--Emplifi, a leading customer engagement platform, today announced the Emplifi Service Cloud has made a significant impact on pet food supplier Freshpet's customer care initia...
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...
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...