The stock market in general traded listlessly on Tuesday, but the trajectory of Freshpet (FRPT -2.87%) shares was particularly uninspiring. On the back of an analyst's price-target cut, the next-generation pet care specialist's stock closed the day nearly 3% lower.
In the most recent trading session, Freshpet (FRPT) closed at $86.64, indicating a +0.25% shift from the previous trading day.
Onetime investors' pet stock Freshpet (FRPT -0.31%) wasn't such a good boy over the past few days. On the back of a recommendation downgrade from one analyst and price target cuts from two others, investors sold out of the stock in recent trading sessions.
J.P. Morgan analyst Ken Goldman cut the price forecast for Freshpet, Inc. FRPT from $154 to $102 while maintaining a Neutral rating.
The Zacks Food-Miscellaneous industry is facing a challenging consumer environment and escalating costs, but brand-strengthening efforts and cost-saving strategies position SYY, GIS, POST and FRPT well for growth.
FRPT's fourth-quarter sales showcase 22% growth, driven by robust sales volume growth.
Freshpet (FRPT 6.67%) shares are reversing course today after a sharp drop late last week. The seller of fresh and healthy pet food reported fourth-quarter and full-year earnings on Thursday and the stock tanked.
Although earnings increased 16% from the year-ago period and sales grew 22%, both missed analyst estimates.
Freshpet, Inc. (NASDAQ:FRPT ) Q4 2024 Results Conference Call February 20, 2025 6:30 AM ET Company Participants Billy Cyr - Chief Executive Officer Todd Cunfer - Chief Financial Officer Operator Good morning, and welcome to Freshpet's Fourth Quarter and Full Year 2024 Earnings Call Webcast. On today's call are Billy Cyr, Chief Executive Officer; and Todd Cunfer, Chief Financial Officer.
Shares of "better for them" pet food maker Freshpet (FRPT -17.79%) were down by 19% as of 1:50 p.m. ET Thursday, according to data provided by S&P Global Market Intelligence.
Freshpet (FRPT) came out with quarterly earnings of $0.36 per share, missing the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.31 per share a year ago.
Freshpet (FRPT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.