Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Freshpet Inc (NASDAQ: FRPT) closed the day trading at $100.28 down -5.74% from the previous closing price of $106.39. In other words, the price has decreased by -$5.74 from its previous closing price. On the day, 3.56 million shares were traded.
Ratios:
For a better understanding of FRPT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.60 and its Current Ratio is at 4.42. In the meantime, Its Debt-to-Equity ratio is 0.40 whereas as Long-Term Debt/Eq ratio is at 0.40.
On May 23, 2024, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $150.
Truist Upgraded its Hold to Buy on March 11, 2024, whereas the target price for the stock was revised from $120 to $135.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 04 ’24 when Morris Scott James sold 5,000 shares for $157.38 per share. The transaction valued at 786,900 led to the insider holds 122,380 shares of the business.
Morris Scott James bought 5,000 shares of FRPT for $786,875 on Dec 04 ’24. On Nov 25 ’24, another insider, Morris Scott James, who serves as the President of the company, sold 10,000 shares for $157.45 each. As a result, the insider received 1,574,500 and left with 122,380 shares of the company.
Valuation Measures:
As of this moment, Freshpet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 107.50, and their Forward P/E ratio for the next fiscal year is 42.45. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.01 while its Price-to-Book (P/B) ratio in mrq is 4.63.
Stock Price History:
Over the past 52 weeks, FRPT has reached a high of $164.07, while it has fallen to a 52-week low of $87.87. The 50-Day Moving Average of the stock is -31.20%, while the 200-Day Moving Average is calculated to be -27.07%.
Shares Statistics:
A total of 48.70M shares are outstanding, with a floating share count of 47.97M. Insiders hold about 1.58% of the company’s shares, while institutions hold 108.76% stake in the company.
