Analysts rate Freshpet Inc. (FRPT:NSD) with a Buy, $141 Target

STA Research
by: STA Research
freshpet inc stock

Analysts rate Freshpet Inc. with a consensus Buy rating and a 12-month average target price of $141.44 per share.

Goldman Sachs recently upgraded Freshpet Inc. from a Neutral to a Buy rating.

Based on the Freshpet Inc. stock forecasts from 8 analysts, the average analyst target price for Freshpet Inc. is USD 141.44 over the next 12 months. Freshpet Inc’s average analyst rating is Buy. Stock Target Advisor’s own stock analysis of Freshpet Inc. is Neutral, which is based on 5 positive signals and 6 negative signals. At the last closing, Freshpet Inc.’s stock price was USD 104.93. Freshpet Inc.’s stock price has changed by +6.83% over the past week, -2.47% over the past month and -31.07% over the last year.

Freshpet, Inc. manufactures and markets natural fresh meals and treats for dogs and cats in the United States, Canada, and Europe. The company sells its products under the Freshpet brand; and Dognation and Dog Joy label through various classes of retail, including grocery, mass, club, pet specialty, and natural, as well as online. Freshpet, Inc. was incorporated in 2004 and is headquartered in Secaucus, New Jersey.

What we like:

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk-adjusted returns

This stock has performed well, on a risk-adjusted basis, compared to its sector peers (for a hold period of at least 12 months) and is in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Revenue Growth

Compared to its sector, this stock has shown top quartile revenue growth in the previous 5 years.

What we don’t like:

High volatility

The total returns for this company are volatile and above the median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on a cash flow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering buying.

Overpriced on a free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering buying.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector.

 

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