Profile
Sector:
Consumer DefensiveIndustry:
Packaged FoodsCountry:
United StatesIPO:
07 November 2014Website:
http://www.freshpet.comNext earnings report:
04 November 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | 36 min agoDividend
Analysts recommendations
Institutional Ownership
FRPT Latest News
This long-term compounder just keeps rolling.
Freshpet, Inc. (NASDAQ:FRPT ) Q3 2024 Earnings Conference Call November 4, 2024 8:00 AM ET Company Participants Jeff Sonnek - Managing Director, Investor Relations, ICR Billy Cyr - Chief Executive Officer Todd Cunfer - Chief Financial Officer Scott Morris - President and Co-Founder Conference Call Participants Mark Astrachan - Stifel Ken Goldman - JPMorgan Rupesh Parikh - Oppenheimer Robert Moskow - TD Cowen Brian Holland - D.A. Davidson Bryan Spillane - Bank of America Jon Anderson - William Blair Peter Benedict - Baird Thomas Palmer - Citi Michael Lavery - Piper Sandler Jim Salera - Stephens Kaumil Gajrawala - Jefferies Marc Torrente - Wells Fargo John Lawrence - The Benchmark Company Operator Greetings.
Here is how Freshpet (FRPT) and Philip Morris (PM) have performed compared to their sector so far this year.
Freshpet (FRPT) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to loss of $0.15 per share a year ago.
Sales rose more than 25% for a 25th straight quarter
25th Consecutive Quarter of >25% Year on Year Net Sales Growth Strong Operating Performance Drove Significant Margin Expansion & Cash Generation Company Raises 2024 Net Sales and Adjusted EBITDA Guidance
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
In the closing of the recent trading day, Freshpet (FRPT) stood at $134.68, denoting a +0.78% change from the preceding trading day.
Freshpet (FRPT) closed at $141.24 in the latest trading session, marking a +0.23% move from the prior day.
Freshpet has delivered a 61% YTD return, but its forward P/E ratio of 200 raises valuation concerns for a staples company. FRPT's strong distribution network, innovative product offerings, and focus on quality position it well in the resilient pet food market. The new Ennis facility is expected to significantly boost production capacity and profitability, supporting FRPT's ambitious 2027 targets.
What type of business is Freshpet?
Freshpet, Inc. - an American company headquartered in Secaucus, New Jersey, is a manufacturer of cat and dog food using natural ingredients. The company was founded in 2006. Freshpet, Inc. produces refrigerated food for cats and dogs under the brands Freshpet Select, Dog Joy, Vital, Nature's Fresh, and Dognation. All of Freshpet, Inc.'s products are made at the company's two manufacturing facilities, "Freshpet Kitchens" and "Freshpet Kitchens 2.0", located in Hanover, Pennsylvania. These facilities are built according to US standards and have multiple production lines where fresh refrigerated food for dogs and cats is produced 24 hours a day, 7 days a week.
What sector is Freshpet in?
Freshpet is in the Consumer Defensive sector
What industry is Freshpet in?
Freshpet is in the Packaged Foods industry
What country is Freshpet from?
Freshpet is headquartered in United States
When did Freshpet go public?
Freshpet initial public offering (IPO) was on 07 November 2014
What is Freshpet website?
https://www.freshpet.com
Is Freshpet in the S&P 500?
No, Freshpet is not included in the S&P 500 index
Is Freshpet in the NASDAQ 100?
No, Freshpet is not included in the NASDAQ 100 index
Is Freshpet in the Dow Jones?
No, Freshpet is not included in the Dow Jones index
When was Freshpet the previous earnings report?
No data
When does Freshpet earnings report?
The next expected earnings date for Freshpet is 04 November 2024