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Freshpet Inc (NASDAQ: FRPT) closed the day trading at $136.86 down -1.91% from the previous closing price of $139.53. In other words, the price has decreased by -$1.91 from its previous closing price. On the day, 0.9 million shares were traded. FRPT stock price reached its highest trading level at $139.61 during the session, while it also had its lowest trading level at $134.2.
Ratios:
For a better understanding of FRPT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.69 and its Current Ratio is at 4.50. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.42.
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 Sep 12 ’24 when Morris Scott James sold 7,500 shares for $139.52 per share. The transaction valued at 1,046,400 led to the insider holds 122,380 shares of the business.
Macchiaverna Stephen sold 3,822 shares of FRPT for $535,118 on Sep 12 ’24. The EVP, Treasurer now owns 86,039 shares after completing the transaction at $140.01 per share. On Sep 12 ’24, another insider, Morris Scott James, who serves as the Officer of the company, bought 7,500 shares for $139.50 each.
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 6635725312 and an Enterprise Value of 6936730112. As of this moment, Freshpet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 276.76, and their Forward P/E ratio for the next fiscal year is 101.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.58 while its Price-to-Book (P/B) ratio in mrq is 6.66. Its current Enterprise Value per Revenue stands at 7.926 whereas that against EBITDA is 88.873.
Stock Price History:
Over the past 52 weeks, FRPT has reached a high of $145.68, while it has fallen to a 52-week low of $54.60. The 50-Day Moving Average of the stock is -0.28%, while the 200-Day Moving Average is calculated to be 15.62%.
Shares Statistics:
Over the past 3-months, FRPT traded about 526.77K shares per day on average, while over the past 10 days, FRPT traded about 381410 shares per day. A total of 48.26M shares are outstanding, with a floating share count of 47.65M. Insiders hold about 1.71% of the company’s shares, while institutions hold 115.23% stake in the company. Shares short for FRPT as of 1727654400 were 5033810 with a Short Ratio of 9.56, compared to 1724976000 on 4896001. Therefore, it implies a Short% of Shares Outstanding of 5033810 and a Short% of Float of 12.2200005.
