Freshpet Inc (NASDAQ: FRPT) has reported E.P.S. of $0.38 for its first fiscal quarter (ending March 31) versus $-0.52 for the same period a year ago. Relative to the consensus estimate of $0.12, this was a premium of $0.25. For the latest four quarters through March 31, E.P.S. were $0.20 compared to $-1.42 a year ago.
Recent Price Action
Freshpet Inc (NASDAQ: FRPT) stock closed at $121.03 on 5/6/24 after a major increase of 10.4%. Moreover, trading volume in this advance was exceptionally high at 397% of normal. The stock has risen 13.8% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
FRPT is expected to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Freshpet has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Freshpet has a very low Appreciation Score of 11 but a very high Power Rating of 95, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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