Freshpet (FRPT) closed at $148.51, down 0.68% from the previous day, underperforming the S&P 500. Over the last month, FRPT shares rose by 2.18%, outperforming the Consumer Staples sector and S&P 500. Analysts anticipate FRPT to report earnings of $0.44 per share, a 41.94% year-over-year increase, with revenue of $263.46 million, up 22.3%.
Analyst estimates for Freshpet have been revised recently, indicating changing business trends. Such revisions can impact stock price performance. The Zacks Rank model, ranging from #1 (Strong Buy) to #5 (Strong Sell), shows no change in Freshpet’s Zacks Rank of #3 (Hold). Freshpet’s Forward P/E ratio is 99.66, higher than the industry’s 16.2.
The Food – Miscellaneous industry, part of the Consumer Staples sector, has a Zacks Industry Rank of 185, placing it in the bottom 27% of all industries. Zacks Industry Rank data show that top-rated industries outperform lower-rated ones. Stay updated on these metrics and more at Zacks.com for future trading sessions.
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Read more at Nasdaq: Freshpet (FRPT) Stock Declines While Market Improves: Some Information for Investors