Freshpet Shares Rise 1.8% as Forward P/E Hits 49.3 Ahead of Feb. 23 Earnings
Freshpet closed at $72.97, marking a 1.79% gain while outperforming the S&P 500’s 0.56% rise and posting a 5.94% one-month increase. The company is set to report on February 23 with projected Q4 EPS of $0.43 (+19.4%) on $285.8 million revenue (+8.8%).
1. Stock Performance
Freshpet shares closed at $72.97, up 1.79% on the day and outperforming the S&P 500’s 0.56% gain. Over the past month, the stock has climbed 5.94%, lagging the Consumer Staples sector’s 8.81% but outpacing the S&P 500’s 1.27% loss.
2. Upcoming Earnings Projections
The company will release Q4 results on February 23, with analysts projecting EPS of $0.43, a 19.4% year-over-year increase, and revenue of $285.8 million, up 8.8%. Full-year consensus estimates call for EPS of $2.49 (+223.4%) and revenue of $1.1 billion (+13.1%).
3. Valuation and Industry Context
Freshpet trades at a forward P/E of 49.26, a premium to the Food-Miscellaneous industry average of 14.62. Its PEG ratio stands at 1.75 versus the industry’s 2.64, while the sector ranks in the bottom 14% of all industries, reflecting mixed near-term sentiment.