FRPT Stock Recent News

Does Freshpet (FRPT) have what it takes to be a top stock pick for momentum investors? Let's find out.

Freshpet's NASDAQ: FRPT Q1 results led the market to a 10% gain, and more fresh highs are coming. The primary takeaway is that volume gains underpin growth and provide significant leverage for this business.

Freshpet (FRPT) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of a loss of $0.22 per share. This compares to loss of $0.52 per share a year ago.

Shares of Freshpet Inc. FRPT, +2.33% ran up 8.6% toward a 2 1/2-year high in premarket trading Monday, after the dog and cat food company reported a surprise first-quarter profit, due to higher sales, improved gross margin and lower logistics costs. The company swung to net income of $18.5 million, or 37 cents a share, from a loss of $24.8 million, or 52 cents a share, in the same period a year ago.

Here is how Freshpet (FRPT) and Hormel Foods (HRL) have performed compared to their sector so far this year.

Two-thirds of American households own at least one pet, and large majorities of these pet owners view their companions as part of their families. Therefore, it's unsurprising that many households spend large amounts of money on their pets.

The crux of safe investment lies in choosing a company that is not burdened with debt, as a debt-free stock is almost impossible to find. You may buy FRPT, ATR, MEG, GBX & PDD.

SECAUCUS, N.J., April 16, 2024 (GLOBE NEWSWIRE) -- Freshpet, Inc. (Nasdaq: FRPT) (“Freshpet” or the “Company”) today announced it will report results for the first quarter ended March 31, 2024 on Monday, May 6, 2024 before market open.

Here is how Freshpet (FRPT) and Post Holdings (POST) have performed compared to their sector so far this year.

Here is how Freshpet (FRPT) and Post Holdings (POST) have performed compared to their sector so far this year.