On Monday, Freshpet Inc (NASDAQ: FRPT) opened lower -1.91% from the last session, before settling in for the closing price of $139.53. Price fluctuations for FRPT have ranged from $54.60 to $145.68 over the past 52 weeks.
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Annual sales at Consumer Defensive sector company grew by 31.82% over the past five years. Company’s average yearly earnings per share was noted 204.70% at the time writing. With a float of $47.65 million, this company’s outstanding shares have now reached $48.26 million.
Let’s look at the performance matrix of the company that is accounted for 1083 employees. In terms of profitability, gross margin is 35.66%, operating margin of 1.7%, and the pretax margin is 2.88%.
Freshpet Inc (FRPT) Insider Updates
A key investor’s attitude towards the stock of the Packaged Foods industry is another important factor to consider. The insider ownership of Freshpet Inc is 1.71%, while institutional ownership is 115.23%. The most recent insider transaction that took place on Sep 12 ’24, was worth 1,046,400. In this transaction President and COO of this company sold 7,500 shares at a rate of $139.52, taking the stock ownership to the 122,380 shares. Before that another transaction happened on Sep 12 ’24, when Company’s EVP, Treasurer sold 3,822 for $140.01, making the entire transaction worth $535,118. This insider now owns 86,039 shares in total.
Freshpet Inc (FRPT) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -0.15 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.19) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.28 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 204.70% per share during the next fiscal year.
Freshpet Inc (NASDAQ: FRPT) Trading Performance Indicators
Check out the current performance indicators for Freshpet Inc (FRPT). In the past quarter, the stock posted a quick ratio of 3.69. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.58.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.49, a number that is poised to hit 0.15 in the next quarter and is forecasted to reach 1.35 in one year’s time.
Technical Analysis of Freshpet Inc (FRPT)
Freshpet Inc (NASDAQ: FRPT) saw its 5-day average volume 0.44 million, a negative change from its year-to-date volume of 0.58 million. As of the previous 9 days, the stock’s Stochastic %D was 31.51%. Additionally, its Average True Range was 4.08.
During the past 100 days, Freshpet Inc’s (FRPT) raw stochastic average was set at 75.28%, which indicates a significant increase from 32.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.75% in the past 14 days, which was higher than the 29.33% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $137.24, while its 200-day Moving Average is $118.37. Nevertheless, the first resistance level for the watch stands at $139.83 in the near term. At $142.79, the stock is likely to face the second major resistance level. The third major resistance level sits at $145.61. If the price goes on to break the first support level at $134.05, it is likely to go to the next support level at $131.23. Assuming the price breaks the second support level, the third support level stands at $128.27.
Freshpet Inc (NASDAQ: FRPT) Key Stats
There are currently 48,431K shares outstanding in the company with a market cap of 6.64 billion. Presently, the company’s annual sales total 766,900 K according to its annual income of -33,610 K. Last quarter, the company’s sales amounted to 235,250 K and its income totaled -1,690 K.
