Freshpet Inc. (NASDAQ: FRPT)’s stock price has decreased by -1.83 compared to its previous closing price of 55.67. Despite this, the company has seen a fall of -11.04% in its stock price over the last five trading days. Barron’s reported on 10/03/22 that Freshpet Activists Push Pet-Food Maker to Explore Sale
Is It Worth Investing in Freshpet Inc. (NASDAQ: FRPT) Right Now?
Moreover, the 36-month beta value for FRPT is 0.97. Analysts have varying opinions on the stock, with 12 analysts rating it as a “buy,” 1 as “overweight,” 2 as “hold,” and 0 as “sell.”
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The average price recommended by analysts for Freshpet Inc. (FRPT) is $76.36, which is $19.54 above the current market price. The public float for FRPT is 46.42M and currently, short sellers hold a 11.20% of that float. On March 16, 2023, FRPT’s average trading volume was 646.31K shares.
FRPT’s Market Performance
The stock of Freshpet Inc. (FRPT) has seen a -11.04% decrease in the past week, with a -12.57% drop in the past month, and a -2.04% fall in the past quarter. The volatility ratio for the week is 10.66%, and the volatility levels for the past 30 days are at 6.66% for FRPT. The simple moving average for the last 20 days is -11.99% for FRPT stock, with a simple moving average of -2.74% for the last 200 days.
Analysts’ Opinion of FRPT
Many brokerage firms have already submitted their reports for FRPT stocks, with Citigroup repeating the rating for FRPT by listing it as a “Neutral.” The predicted price for FRPT in the upcoming period, according to Citigroup is $66 based on the research report published on November 03rd of the previous year 2022.
UBS, on the other hand, stated in their research note that they expect to see FRPT reach a price target of $67. The rating they have provided for FRPT stocks is “Buy” according to the report published on September 30th, 2022.
FRPT Trading at -10.70% from the 50-Day Moving Average
After a stumble in the market that brought FRPT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -53.99% of loss for the given period.
Volatility was left at 6.66%, however, over the last 30 days, the volatility rate increased by 10.66%, as shares sank -16.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.56% upper at present.
During the last 5 trading sessions, FRPT fell by -11.04%, which changed the moving average for the period of 200-days by -17.89% in comparison to the 20-day moving average, which settled at $61.55. In addition, Freshpet Inc. saw 3.56% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at FRPT starting from Weise Stephen, who sale 8,000 shares at the price of $68.00 back on May 27. After this action, Weise Stephen now owns 0 shares of Freshpet Inc., valued at $544,000 using the latest closing price.
Stock Fundamentals for FRPT
Current profitability levels for the company are sitting at:
- -8.54 for the present operating margin
- +28.93 for the gross margin
The net margin for Freshpet Inc. stands at -9.99. Equity return is now at value -6.30, with -5.50 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 2.91.
To wrap up, the performance of Freshpet Inc. (FRPT) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.