Freshpet (NASDAQ:FRPT) released its earnings results on Sunday. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.09 by ($0.17), MarketWatch Earnings reports. The firm had revenue of $84.52 million for the quarter, compared to the consensus estimate of $84.59 million. Freshpet had a return on equity of 1.49% and a net margin of 1.60%. Freshpet’s revenue for the quarter was up 28.5% on a year-over-year basis. During the same quarter last year, the company posted $0.12 EPS.
Shares of NASDAQ FRPT traded down $9.65 during midday trading on Tuesday, reaching $139.68. The company’s stock had a trading volume of 28,335 shares, compared to its average volume of 258,216. Freshpet has a fifty-two week low of $40.79 and a fifty-two week high of $173.52. The business’s 50 day moving average price is $151.99 and its two-hundred day moving average price is $129.14. The company has a market cap of $5.68 billion, a P/E ratio of 1,278.30, a P/E/G ratio of 5.40 and a beta of 0.85.
In other news, Director Daryl G. Brewster sold 16,053 shares of Freshpet stock in a transaction that occurred on Tuesday, December 8th. The shares were sold at an average price of $136.76, for a total value of $2,195,408.28. Following the completion of the sale, the director now directly owns 58,132 shares in the company, valued at $7,950,132.32. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 4.50% of the stock is currently owned by insiders.
Freshpet Company Profile
Freshpet, Inc manufactures and markets natural fresh products, refrigerated meals, and treats for dogs and cats in the United States, Canada, and the United Kingdom. The company sells its products under the Freshpet brand; and Dognation and Dog Joy labels through various classes of retail, including grocery, mass, club, pet specialty, and natural, as well as online.
Read More: What is dividend yield?
Receive News & Ratings for Freshpet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Freshpet and related companies with MarketBeat.com's FREE daily email newsletter.