Vital Farms, Inc. (VITL)

NASDAQ: VITL · IEX Real-Time Price · USD
43.84
-1.64 (-3.61%)
Jul 2, 2024, 4:00 PM EDT - Market closed
-3.61%
Market Cap 1.85B
Revenue (ttm) 500.61M
Net Income (ttm) 37.44M
Shares Out 42.18M
EPS (ttm) 0.85
PE Ratio 51.58
Forward PE 45.48
Dividend n/a
Ex-Dividend Date n/a
Volume 886,911
Open 45.06
Previous Close 45.48
Day's Range 42.88 - 45.23
52-Week Range 10.23 - 48.41
Beta 0.96
Analysts Buy
Price Target 31.67 (-27.76%)
Earnings Date Aug 1, 2024

About VITL

Vital Farms, Inc., a food company, provides pasture-raised products in the United States. It offers shell eggs, butter, hard-boiled eggs, and liquid whole eggs. The company was founded in 2007 and is headquartered in Austin, Texas. [Read more]

Industry Farm Products
IPO Date Jul 31, 2020
Employees 447
Stock Exchange NASDAQ
Ticker Symbol VITL
Full Company Profile

Financial Performance

In 2023, Vital Farms's revenue was $471.86 million, an increase of 30.33% compared to the previous year's $362.05 million. Earnings were $25.57 million, an increase of 1943.65%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for VITL stock is "Buy." The 12-month stock price forecast is $31.67, which is a decrease of -27.76% from the latest price.

Price Target
$31.67
(-27.76% downside)
Analyst Consensus: Buy
Stock Forecasts

News

EY Honors Vital Farms President & CEO Russell Diez-Canseco as an Entrepreneur Of The Year® 2024 Gulf South Award Winner

AUSTIN, Texas, July 01, 2024 (GLOBE NEWSWIRE) -- Ernst & Young (EY) has honored Vital Farms' (Nasdaq: VITL) President & CEO Russell Diez-Canseco as an Entrepreneur Of The Year® 2024 Gulf South Award w...

1 day ago - GlobeNewsWire

Vital Farms is Building Its Next World Class Egg Washing and Packing Facility in Seymour, Indiana

Second facility opening in 2027 will support family farmers, create new jobs and is a critical part of brand's journey to achieve at least $1 billion in annual net revenue by 2027 Second facility open...

6 days ago - GlobeNewsWire

New Vital Farms Campaign Celebrates Game Changers on Every Field

Campaign features real Vital Farms farmers and will appear across National Women's Soccer League, Ladies Professional Golf Association and Ladies Tennis through November 2024 Campaign features real Vi...

12 days ago - GlobeNewsWire

Vital Farms to Participate in TD Cowen 8th Annual Future of the Consumer Conference

AUSTIN, Texas, May 28, 2024 (GLOBE NEWSWIRE) -- Vital Farms (Nasdaq: VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, today announced that Thilo Wrede, Chie...

5 weeks ago - GlobeNewsWire

Top 5 Defensive Stocks That May Keep You Up At Night In Q2 - Costco Wholesale (NASDAQ:COST)

As of May 21, 2024, five stocks in the consumer staples sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: COSTCELHMAMAWBUY
6 weeks ago - Benzinga

Vital Farms Reports First Quarter 2024 Financial Results

Record First Quarter Net Revenue of $147.9 million, up 24.1% versus Prior Year Period Raises Fiscal Year 2024 Outlook Announces Plans for New State-of-the-Art Egg Washing and Packing Facility

7 weeks ago - GlobeNewsWire

Vital Farms' Egg Central Station Earns Prestigious LEED® Gold Certification Recognizing Environmental Excellence in Manufacturing Standards

AUSTIN, Texas, May 08, 2024 (GLOBE NEWSWIRE) -- Vital Farms' (Nasdaq: VITL) 2022 expansion of its egg washing and packing facility, Egg Central Station (ECS) in Springfield, MO, has been awarded LEED®...

7 weeks ago - GlobeNewsWire

Vital Farms to Report First Quarter 2024 Financial Results on May 9, 2024

AUSTIN, Texas, April 25, 2024 (GLOBE NEWSWIRE) -- Vital Farms (Nasdaq: VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, will report financial results for th...

2 months ago - GlobeNewsWire

Vital Farms Raises the Golden Standard for Butter; Now 90% Grass-Fed Through New Dairy Supplier

AUSTIN, Texas, April 22, 2024 (GLOBE NEWSWIRE) -- Vital Farms (Nasdaq: VITL) is raising the standards for great tasting, ethically produced butter. The company has refreshed its entire portfolio of bu...

2 months ago - GlobeNewsWire

Vital Farms' Quality Assurance Manager Robert Clark Recognized by the Safe Quality Food Institute for Excellence in Food Safety Leadership

AUSTIN, Texas, March 27, 2024 (GLOBE NEWSWIRE) -- Vital Farms' (Nasdaq: VITL) quality assurance manager Robert Clark has received the 2024 Excellence in SQF Practitioner Leadership Award from the Safe...

3 months ago - GlobeNewsWire

Progress Over Easy: Vital Farms Celebrates Continued Improvements to the Lives of People, Animals, and the Planet in 2024 Impact Update

AUSTIN, Texas, March 14, 2024 (GLOBE NEWSWIRE) -- Vital Farms (Nasdaq: VITL) today published its 2024 Impact Update, which recognizes the progress the company has made to continue building a resilient...

3 months ago - GlobeNewsWire

Vital Farms Reports Fourth Quarter and Fiscal Year 2023 Financial Results

Record Fourth Quarter Net Revenue of $135.8 million, up 23.4% versus Prior Year Period Provides Fiscal Year 2024 Outlook

4 months ago - GlobeNewsWire

Vital Farms to Report Fourth Quarter and Fiscal Year 2023 Financial Results on March 7, 2024

AUSTIN, Texas, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Vital Farms (Nasdaq: VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, will report financial results for the...

4 months ago - GlobeNewsWire

Vital Farms and Its President & CEO Russell Diez-Canseco Honored for Using Business as a “Force for Good” on Big Path Capital's 2024 MO 100 Top Impact CEO Ranking

AUSTIN, Texas,, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Vital Farms (Nasdaq: VITL) and its President & CEO Russell Diez-Canseco have been honored at #3 on Big Path Capital's MO 100 Top Impact CEO Ranking. T...

5 months ago - GlobeNewsWire

Vital Farms Recognized as a 2024 Real Leaders®️ “Top Impact Company”

AUSTIN, Texas, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Vital Farms (Nasdaq: VITL) was recognized by Real Leaders ®️ on its 2024 Top Impact Companies list, a global ranking of positive impact companies “appl...

6 months ago - GlobeNewsWire

Vital Farms' New Pause Ad Activation Celebrates Those Who Don't Get to Pause, Even During Holidays: Farmers

AUSTIN, Texas, Dec. 14, 2023 (GLOBE NEWSWIRE) -- It's officially that time of year where many are ramping down, throwing on their ‘out of office,' and enjoying quality time with loved ones. Vital Farm...

7 months ago - GlobeNewsWire

Vital Farms to Participate in January 2024 Investor Conferences

AUSTIN, Texas, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Vital Farms, (Nasdaq: VITL) a Certified B Corporation that offers a range of ethically produced foods nationwide, today announced that Russell Diez-Can...

7 months ago - GlobeNewsWire

Laying a Model for Sustainable Food Processing: Vital Farms' Egg Central Station Honored as FOOD ENGINEERING's 2023 Sustainable Plant of the Year

AUSTIN, Texas, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Vital Farms' (Nasdaq: VITL) egg washing and packing facility, Egg Central Station (ECS), earned another award for sustainable manufacturing design. FOO...

8 months ago - GlobeNewsWire

Vital Farms Reports Third Quarter 2023 Financial Results

Third Quarter Net Revenue $110.4 million, up 20.0% versus Prior Year Period Raises 2023 Adjusted EBITDA Forecast

8 months ago - GlobeNewsWire

HomeState, Franklin Barbecue, and Vital Farms Are Teaming Up to Bring Los Angeles The Best Breakfast Taco on the Planet

Three brands with Texas roots unite for a birthday and a good cause to benefit national food and beverage workers through Southern Smoke Foundation Three brands with Texas roots unite for a birthday a...

8 months ago - GlobeNewsWire

Vital Farms to Report Third Quarter 2023 Financial Results on November 2, 2023

AUSTIN, Texas, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Vital Farms (Nasdaq: VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, will report financial results for the...

9 months ago - GlobeNewsWire

Vital Farms Updates Long-Term Financial Targets

Company Sets $1 Billion Net Revenue Target for 2027 Maintains 2023 Net Revenue and Adjusted EBITDA Forecast

10 months ago - GlobeNewsWire

Vital Farms Deepens Roots in Regenerative Farming as the First National Egg Brand to Earn a Regenified™ Verification

AUSTIN, Texas, Aug. 24, 2023 (GLOBE NEWSWIRE) -- Vital Farms (Nasdaq: VITL) continues to raise the standards as the first national egg brand to earn a Regenified™ verification. The third-party verific...

11 months ago - GlobeNewsWire

Vital Farms to host Analyst Day on September 19, 2023

AUSTIN, Texas, Aug. 17, 2023 (GLOBE NEWSWIRE) -- Vital Farms (Nasdaq: VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, today announced that it will host an ...

11 months ago - GlobeNewsWire

Long term obesity drug use could hurt the food industry, says Morgan Stanley's Pam Kaufman

Pam Kaufman, equity research analyst at Morgan Stanley, joins 'The Exchange' to discuss the impact of obesity drugs on the food and beverage sector, what companies might be hurt by a possible pullback...

Other symbols: BRBRLLYNVOPFESMPL
11 months ago - CNBC Television