Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $131.29 in the prior trading day, Freshpet Inc (NASDAQ: FRPT) closed at $129.61, down -1.28%. In other words, the price has decreased by -$1.28 from its previous closing price. On the day, 0.63 million shares were traded. FRPT stock price reached its highest trading level at $133.54 during the session, while it also had its lowest trading level at $126.88.
Ratios:
Our goal is to gain a better understanding of FRPT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.91 and its Current Ratio is at 4.72. In the meantime, Its Debt-to-Equity ratio is 0.42 whereas as Long-Term Debt/Eq ratio is at 0.41.
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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FRPT now has a Market Capitalization of 6290854912 and an Enterprise Value of 6440631808. As of this moment, Freshpet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 147.32, and their Forward P/E ratio for the next fiscal year is 82.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.78 while its Price-to-Book (P/B) ratio in mrq is 6.16. Its current Enterprise Value per Revenue stands at 6.941 whereas that against EBITDA is 64.819.
Stock Price History:
The Beta on a monthly basis for FRPT is 1.52, which has changed by 0.44011116 over the last 52 weeks, in comparison to a change of 0.22894537 over the same period for the S&P500. Over the past 52 weeks, FRPT has reached a high of $164.07, while it has fallen to a 52-week low of $85.50. The 50-Day Moving Average of the stock is -12.89%, while the 200-Day Moving Average is calculated to be -5.59%.
Shares Statistics:
The stock has traded on average 576.16K shares per day over the past 3-months and 1061160 shares per day over the last 10 days, according to various share statistics. A total of 48.54M shares are outstanding, with a floating share count of 47.72M. Insiders hold about 1.58% of the company’s shares, while institutions hold 109.04% stake in the company. Shares short for FRPT as of 1738281600 were 4107412 with a Short Ratio of 7.13, compared to 1735603200 on 4512349. Therefore, it implies a Short% of Shares Outstanding of 4107412 and a Short% of Float of 9.959999999999999.
