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Wednesday, September 27, 2023

It’s Not Over Yet For Freshpet Inc. (NASDAQ: FRPT)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Freshpet Inc. (FRPT) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.07, or -0.09%, to $74.66. The Freshpet Inc. has recorded 9,541 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Freshpet, Inc. to Participate in the Piper Sandler Growth Frontiers Conference.

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Stocks Info

Freshpet Inc. is listed on the NASDAQ as a member of the Consumer Defensive sector and is a part of the Packaged Foods industry. At the end of the last regular session, the stock closed at $74.73 and fluctuated between $76.38 as its day high and $73.60 as its day low. The current market capitalization of Freshpet Inc. is $3.59B. A total of 0.5 million shares were traded on the day, compared to an average of 567.04K shares.

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, FRPT has seen 1 BUY and 0 SELL insider trades, representing the acquisition of 1,837 and the disposition of 0 shares. Over the last 12 months, there were 17 BUYs and 9 SELLs from insiders. Insiders purchased 70,060 shares during that period but sold 7,272.

In the most recent transaction, GEORGE WALTER N. bought 1,000 shares of FRPT for 73.53 per share on Aug 24. After the transaction, the Director now owns 47,176 company shares. In a previous transaction on May 10, Walsh Cathal sold 6,277 shares at 70.10 per share. FRPT shares that SVP – Managing Director Europe owns now total 5,234.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for FRPT in the last 3 months, the mean price target is $91.00 with high estimates of $100.00 and low estimates of $80.00. In terms of 52-week highs and lows, FRPT has a high of $84.70 and a low of $36.02.

As of this writing, FRPT has an earnings estimate of $Federal Realty Investment Trust per share for the current quarter. EPS was calculated based on a consensus of Sarepta Therapeutics, Inc. estimates, with a high estimate of $Freight Technologies, Inc. per share and a lower estimate of $CRPT.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. FRPT’s latest balance sheet shows that the firm has $72.79M in Cash & Short Term Investments as of fiscal 2021. There were $7.09M in debt and $58.95M in liabilities at the time. Its Book Value Per Share was $19.48, while its Total Shareholder’s Equity was $719.75M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FRPT is Buy with a score of 4.50.

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