Press coverage about Freshpet (NASDAQ:FRPT) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Freshpet earned a news impact score of 0.06 on Accern’s scale. Accern also assigned news articles about the company an impact score of 47.6143828547096 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
FRPT stock opened at $19.35 on Friday. Freshpet has a one year low of $11.25 and a one year high of $20.85. The firm has a market cap of $679.94, a price-to-earnings ratio of -161.25 and a beta of 1.69.
Freshpet (NASDAQ:FRPT) last announced its earnings results on Monday, March 5th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.07 by ($0.03). The business had revenue of $40.70 million during the quarter, compared to the consensus estimate of $41.14 million. Freshpet had a negative net margin of 2.73% and a negative return on equity of 3.85%. The company’s revenue was up 19.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.04 EPS. equities analysts predict that Freshpet will post -0.01 EPS for the current year.
A number of research firms have commented on FRPT. BidaskClub raised shares of Freshpet from a “sell” rating to a “hold” rating in a research report on Friday, March 2nd. Robert W. Baird reaffirmed a “buy” rating and set a $22.00 price objective on shares of Freshpet in a research report on Wednesday, January 3rd. Imperial Capital reaffirmed an “in-line” rating and set a $18.00 price objective (up from $16.50) on shares of Freshpet in a research report on Friday, March 9th. SunTrust Banks reaffirmed a “buy” rating and set a $23.00 price objective on shares of Freshpet in a research report on Tuesday, March 6th. Finally, Zacks Investment Research cut shares of Freshpet from a “hold” rating to a “sell” rating in a research report on Tuesday, January 9th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $19.71.
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Freshpet Company Profile
Freshpet, Inc manufactures and markets natural fresh products, refrigerated meals, and treats for dogs and cats in the United States, Canada, and the United Kingdom. The company sells its products under the Freshpet brand; and Dognation and Dog Joy labels through various classes of retail, including grocery, mass, club, pet specialty, and natural, as well as online.
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