Freshpet Inc

Company Profile

Freshpet Inc had its IPO on 2014-11-07 under the ticker symbol FRPT.

The company operates in the Consumer Defensive sector and Packaged Foods industry. Freshpet Inc has a staff strength of 1,011 employees.

Stock update

Shares of Freshpet Inc opened at $59.21 at the start of the last trading session i.e. 2023-03-24.

The stocks traded within a range of $58.77 - $62.76, and closed at $62.12.

This is a +4% increase from the previous day's closing price.

A total volume of 880,644 shares were traded at the close of the day’s session.

In the last one week, shares of Freshpet Inc have increased by +6.61%.

Freshpet Inc's Key Ratios

Freshpet Inc has a market cap of $3.01 billion, indicating a price to book ratio of 2.589 and a price to sales ratio of 4.8402.

In the last 12-months Freshpet Inc’s revenue was $595.34 million with a gross profit of $186.03 million and an EBITDA of $-17032000. The EBITDA ratio measures Freshpet Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Freshpet Inc’s operating margin was -8.67% while its return on assets stood at -3.38% with a return of equity of -6.79%.

In Q4, Freshpet Inc’s quarterly earnings growth was a positive 9.3% while revenue growth was a positive 43.1%.

Freshpet Inc’s PE and PEG Ratio

Forward PE

104.1667

Trailing PE

0

PEG

-7.33

Its diluted EPS in the last 12-months stands at $-1.32 per share while it has a forward price to earnings multiple of 104.1667 and a PEG multiple of -7.33. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Freshpet Inc’s profitability.

Freshpet Inc stock is trading at a EV to sales ratio of 4.557 and a EV to EBITDA ratio of -100.8436. Its price to sales ratio in the trailing 12-months stood at 4.8402.

Freshpet Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$1.13 billion

Total Liabilities

$89.61 million

Operating Cash Flow

$0

Capital Expenditure

$62.63 million

Dividend Payout Ratio

0%

Freshpet Inc ended 2023 with $1.13 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.13 billion while shareholder equity stood at $1.03 billion.

Freshpet Inc ended 2023 with $0 in deferred long-term liabilities, $89.61 million in other current liabilities, 48000.00 in common stock, $-295117000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $132.74 million and cash and short-term investments were $132.74 million. The company’s total short-term debt was $1,510,000 while long-term debt stood at $0.

Freshpet Inc’s total current assets stands at $261.97 million while long-term investments were $25.42 million and short-term investments were $0. Its net receivables were $57.57 million compared to accounts payable of $55.09 million and inventory worth $58.29 million.

In 2023, Freshpet Inc's operating cash flow was $0 while its capital expenditure stood at $62.63 million.

Comparatively, Freshpet Inc paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$62.12

52-Week High

$118.77

52-Week Low

$36.02

Analyst Target Price

$74.5

Freshpet Inc stock is currently trading at $62.12 per share. It touched a 52-week high of $118.77 and a 52-week low of $118.77. Analysts tracking the stock have a 12-month average target price of $74.5.

Its 50-day moving average was $62.05 and 200-day moving average was $55.81 The short ratio stood at 6.97 indicating a short percent outstanding of 0%.

Around 337.6% of the company’s stock are held by insiders while 11988.7% are held by institutions.