Freshpet Inc (NASDAQ: FRPT) has reported E.P.S. of $0.25 for its third fiscal quarter (ending September 30) versus $-0.15 for the same period a year ago — a decline of -267%. For the latest four quarters through September 30, E.P.S. were $0.91 compared to $-1.08 a year ago — a decline of -184%.
Recent Price Action
On 11/4/24, Freshpet Inc (NASDAQ: FRPT) stock enjoyed a major increase of 12.6%, closing at $150.57. Moreover, trading volume in this advance was exceptionally high at 462% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 12.7% during the last week.
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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Freshpet has a very low Appreciation Score of 12 but a very high Power Rating of 95, leading to the Neutral Value Trend Rating.
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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