Freshpet Inc is a company that specializes in producing and marketing fresh, refrigerated pet food
By using high-quality, natural ingredients without artificial preservatives, Freshpet aims to provide healthier meal options for pets, responding to the growing consumer demand for premium pet nutrition. Its product range includes various recipes tailored for dogs and cats, available in convenient formats such as rolls, bags, and trays. Freshpet operates its own production facilities to ensure the freshness and safety of its offerings, and its products are distributed through a network of retailers across the United States and beyond, emphasizing a commitment to the well-being of pets and their families.
Shares of pet food company Freshpet (NASDAQFRPT)
jumped 7.9% in the afternoon session after Jefferies upgraded the stock's rating from Hold to Buy and assigned a price target of $150, which implied a potential 40% upside, citing its attractive valuation. The firm added, "...Valuation is at a five-year low; we think FRPT shares are worth 50% above where it is trading."
Shares of pet food company Freshpet (NASDAQFRPT)
fell 19.5% in the afternoon session after the company reported disappointing fourth-quarter 2024 results: its gross margin missed significantly, and its full-year revenue guidance fell short of Wall Street's estimates. On the other hand, Freshpet blew past analysts' EBITDA expectations. The company also guided for full-year EBITDA above Wall Street's estimates. Still, this was a softer quarter due to the worse-than-anticipated top-line momentum for 2025.
Pet food company Freshpet (NASDAQFRPT) fell short of the market’s revenue expectations in Q4 CY2024, but sales rose 22% year on year to $262.7 million. The company’s full-year revenue guidance of $1.20 billion at the midpoint came in 1.7% below analysts’ estimates. Its GAAP profit of $0.36 per share was 5.3% below analysts’ consensus estimates.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Freshpet (NASDAQFRPT) and the best and worst performers in the perishable food industry.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at perishable food stocks, starting with Mission Produce (NASDAQAVO).
In the evolving landscape of the food industry, a few companies stand out as trendsetters, setting the stage for robust growth in the coming year. Investors seeking exposure to the dynamic food space should pay close attention to these three stocks.
