Freshpet (FRPT) – Analysts’ Weekly Ratings Changes

A number of firms have modified their ratings and price targets on shares of Freshpet (NASDAQ: FRPT) recently:

• 4/16/2025 – Freshpet was given a new $125.00 price target on by analysts at Robert W. Baird.
• 4/15/2025 – Freshpet had its price target lowered by analysts at Benchmark Co. from $195.00 to $140.00. They now have a “buy” rating on the stock.
• 4/10/2025 – Freshpet had its price target lowered by analysts at JPMorgan Chase & Co. from $102.00 to $91.00. They now have a “neutral” rating on the stock.
• 4/10/2025 – Freshpet had its price target lowered by analysts at Stifel Nicolaus from $135.00 to $115.00. They now have a “buy” rating on the stock.
• 4/2/2025 – Freshpet had its price target lowered by analysts at Wells Fargo & Company from $142.00 to $110.00. They now have an “overweight” rating on the stock.
• 3/31/2025 – Freshpet had its price target lowered by analysts at Truist Financial Co. from $140.00 to $110.00. They now have a “buy” rating on the stock.
• 3/25/2025 – Freshpet had its price target lowered by analysts at Piper Sandler from $160.00 to $145.00. They now have an “overweight” rating on the stock.
• 3/11/2025 – Freshpet was downgraded by analysts at Oppenheimer Holdings Inc. from an “outperform” rating to a “market perform” rating.
• 3/10/2025 – Freshpet had its price target lowered by analysts at JPMorgan Chase & Co. from $154.00 to $102.00. They now have an “overweight” rating on the stock.
• 3/10/2025 – Freshpet had its price target lowered by analysts at Stifel Nicolaus from $155.00 to $135.00. They now have a “buy” rating on the stock.
• 2/25/2025 – Freshpet had its “buy” rating reaffirmed by analysts at Truist Financial Co.. They now have a $140.00 price target on the stock, down previously from $170.00.
• 2/24/2025 – Freshpet had its price target lowered by analysts at Oppenheimer Holdings Inc. from $180.00 to $140.00. They now have an “outperform” rating on the stock.
• 2/24/2025 – Freshpet was upgraded by analysts at Jefferies Financial Group Inc. from a “hold” rating to a “buy” rating. They now have a $150.00 price target on the stock, down previously from $155.00.
• 2/21/2025 – Freshpet had its price target lowered by analysts at Wells Fargo & Company from $170.00 to $142.00. They now have an “overweight” rating on the stock.
• 2/21/2025 – Freshpet had its price target lowered by analysts at Piper Sandler from $180.00 to $160.00. They now have an “overweight” rating on the stock.
• 2/21/2025 – Freshpet had its price target lowered by analysts at Stifel Nicolaus from $165.00 to $155.00. They now have a “buy” rating on the stock.

Freshpet Price Performance

Shares of FRPT opened at $73.26 on Tuesday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.91 and a current ratio of 4.72. The firm has a market capitalization of $3.57 billion, a PE ratio of 77.94 and a beta of 1.80. The stock has a 50 day simple moving average of $91.92 and a 200 day simple moving average of $128.30. Freshpet, Inc. has a 52-week low of $72.86 and a 52-week high of $164.07.

Freshpet (NASDAQ:FRPT) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.36 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.36. The company had revenue of $262.71 million during the quarter, compared to the consensus estimate of $275.46 million. Freshpet had a net margin of 4.81% and a return on equity of 3.92%. Sell-side analysts predict that Freshpet, Inc. will post 1.55 EPS for the current fiscal year.

Institutional Investors Weigh In On Freshpet

A number of hedge funds and other institutional investors have recently bought and sold shares of FRPT. Norges Bank acquired a new stake in shares of Freshpet in the fourth quarter valued at approximately $75,253,000. Allspring Global Investments Holdings LLC boosted its position in Freshpet by 198.6% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 381,385 shares of the company’s stock valued at $55,065,000 after purchasing an additional 253,679 shares during the last quarter. Riverbridge Partners LLC increased its position in shares of Freshpet by 18.0% during the 1st quarter. Riverbridge Partners LLC now owns 1,026,829 shares of the company’s stock worth $85,401,000 after purchasing an additional 156,583 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in shares of Freshpet by 267.0% in the 4th quarter. Renaissance Technologies LLC now owns 155,596 shares of the company’s stock valued at $23,045,000 after buying an additional 113,200 shares during the last quarter. Finally, WCM Investment Management LLC boosted its holdings in shares of Freshpet by 4.0% in the 4th quarter. WCM Investment Management LLC now owns 2,881,855 shares of the company’s stock valued at $430,809,000 after buying an additional 110,478 shares during the last quarter.

Freshpet, Inc, together with its subsidiaries, manufactures, distributes, and markets natural fresh meals and treats for dogs and cats in the United States, Canada, and Europe. It sells dog food, cat food, and dog treats under the Freshpet brand name; and Dognation and Dog Joy labels through various classes of retail, including grocery, mass, club, pet specialty, and natural, as well as online.