In the latest close session, Freshpet (FRPT) was down 4.3% at $64.12. The stock's change was less than the S&P 500's daily loss of 0.52%. At the same time, the Dow lost 1.24%, and the tech-heavy Nasdaq lost 0.21%.
The seller of refrigerated fresh pet food's stock has climbed by 14.9% in the past month, exceeding the Consumer Staples sector's gain of 6.6% and the S&P 500's loss of 1.21%.
The investment community will be paying close attention to the earnings performance of Freshpet in its upcoming release. The company is slated to reveal its earnings on November 4, 2026. The company is forecasted to report an EPS of $0.35, showcasing a 23.91% downward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $309.77 million, indicating a 7.24% increase compared to the same quarter of the previous year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $1.25 per share and revenue of $1.22 billion, indicating changes of -52.65% and +10.92%, respectively, compared to the previous year.
Investors should also take note of any recent adjustments to analyst estimates for Freshpet. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 1.58% decrease. Freshpet is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note Freshpet's current valuation metrics, including its Forward P/E ratio of 53.81. This signifies a premium in comparison to the average Forward P/E of 15.26 for its industry.
The Food - Miscellaneous industry is part of the Consumer Staples sector. This industry currently has a Zacks Industry Rank of 202, which puts it in the bottom 18% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow FRPT in the coming trading sessions, be sure to utilize Zacks.com.
Zacks' Research Chief Names "Stock Most Likely to Double"
Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.
This innovative software-as-a-service firm upped its user base +22% year over year. That rate is increasing and margins are expanding as AI efficiencies take effect. Of course, all our elite picks aren't winners, but this one could far surpass earlier Zacks' Stocks Set to Double like D-Wave Quantum, which shot up +680.1%.
Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Freshpet, Inc. (FRPT): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).