Where Does Freshpet Inc. (FRPT) Rank When It Comes To Price-To-Earnings Ratio?

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Freshpet Inc. (NASDAQ:FRPT) finished Thursday with an addition of $1.23 to close at $46.70, an upside of 2.71 percent. An average of 1,481,822 shares of common stock have been traded in the last five days. There was a gain of $6.61 in the past week, and it reached a new high 6 times over the past 12 months. The last 20 days have seen an average of 1,294,345 shares traded, while the 50-day average volume stands at 1,092,968.

FRPT stock has decreased by -1.77% in the last month. The company shares reached their 1-month lowest point of $36.02 on 09/08/22. With the stock rallying to its 52-week high on 04/20/22, shares of the company touched a low of $36.02 and a high of $159.66 in 52 weeks. It has reached a new high 7 times so far this year and lost -52.27% or -$47.86 in price. In spite of this, the price is down -70.75% from the 52-week high.


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Insider Transactions

119 days have passed since Freshpet Inc. (FRPT) last reported insider trading activity. Weise Stephen, who is EVP Manufacturing &SupplyChain, most recently acquired $8,000 shares at $68.00 per share on May 27. In this transaction, the insider spent $544,000. EVP Manufacturing &SupplyChain, Weise Stephen, disposed of 4,351 shares at a price of $105.73 on Mar 03. The insider now owns more than $459,978 worth of shares. Prior to that, EVP Manufacturing &SupplyChain Weise Stephen went on to Sale 4,000 shares at $129.13 each on Nov 16. An amount of $516,520 was transacted.

Valuation Metrics

Freshpet Inc. (FRPT) stock’s beta is 0.93. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 4.42, the price-to-book (PB) ratio at 2.01.

Financial Health

The quick ratio of Freshpet Inc. for the three months ended June 29 was 5.60, and the current ratio was 6.40, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.06 and a total debt to equity ratio of 0.07 for the quarter ending June 29. Its gross profit as reported stood at $162.15 million compared to revenue of $425.49 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Freshpet Inc.’s return on assets was -5.50%.

Earnings Surprise

For the three-month period that ended June 29, Freshpet Inc. had $19.84 million in cash and short-term investments compared to $65.04 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$20.59 million in the quarter, while revenues of -$17.54 million were grew 63.67%. The analyst consensus anticipated Freshpet Inc.’s latest quarter earnings to come in at -$0.15 per share, but it turned out to be -$0.45, a -200.00% surprise. For the quarter, EBITDA amounted to -$9.99 million. Shareholders own equity worth $47.82 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Freshpet Inc. (FRPT) price momentum. RSI 9-day as of the close on 22 September was 70.18%, suggesting the stock is Overbought, with historical volatility in this time frame at 79.51%.

As of today, FRPT’s price is $42.53 +16.20% or $6.61 from its 5-day moving average. FRPT is currently trading -0.17% lower than its 20-day SMA and -49.08% lower than its 100-day SMA. However, the stock’s current price level is +3.38% above the SMA50 and -54.95% below the SMA200.

The stochastic %K and %D were 68.88% and 54.31%, respectively, and the average true range (ATR) was 3.21. With the 14-day stochastic at 90.11% and the average true range at 3.06, the RSI (14) stands at 60.53%. The stock has reached 2.02 on the 9-day MACD Oscillator while the 14-day reading was at 2.72.

Analyst Ratings

Truist downgraded Freshpet Inc. (NASDAQ: FRPT) to a a Hold rating in its most recent analyst report. Previously, the stock was rated as a Buy.

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