News coverage about Freshpet (NASDAQ:FRPT) has trended somewhat positive this week, Accern reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Freshpet earned a news sentiment score of 0.02 on Accern’s scale. Accern also gave media stories about the company an impact score of 46.4889329040271 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the media stories that may have impacted Accern Sentiment’s analysis:
- Zacks Investment Research Lowers Freshpet (FRPT) to Sell (americanbankingnews.com)
- Update in Lawsuit for Investors in NASDAQ: FRPT shares against Freshpet Inc announced by Shareholders Foundation (finance.yahoo.com)
- Freshpet Inc (FRPT) Expected to Post Quarterly Sales of $41.90 Million (americanbankingnews.com)
- RM LAW Announces Investigation of Freshpet, Inc. (finance.yahoo.com)
- Imperial Capital Increases Freshpet (FRPT) Price Target to $18.00 (americanbankingnews.com)
FRPT has been the subject of several research reports. SunTrust Banks reiterated a “buy” rating and set a $23.00 price target on shares of Freshpet in a research report on Tuesday, March 6th. Stifel Nicolaus restated a “buy” rating on shares of Freshpet in a report on Friday, December 15th. BidaskClub upgraded Freshpet from a “hold” rating to a “buy” rating in a report on Friday, December 22nd. Robert W. Baird restated a “buy” rating and issued a $22.00 target price on shares of Freshpet in a report on Wednesday, January 3rd. Finally, TheStreet upgraded Freshpet from a “d+” rating to a “c-” rating in a report on Thursday, November 30th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company. Freshpet has a consensus rating of “Hold” and an average target price of $19.71.
Freshpet (NASDAQ:FRPT) last announced its quarterly earnings results on Monday, March 5th. The company reported $0.04 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.07 by ($0.03). Freshpet had a negative net margin of 2.73% and a negative return on equity of 3.85%. The business had revenue of $40.70 million during the quarter, compared to analyst estimates of $41.14 million. During the same period last year, the company earned $0.04 EPS. The business’s revenue for the quarter was up 19.4% on a year-over-year basis. equities analysts predict that Freshpet will post -0.01 EPS for the current fiscal year.
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Freshpet Company Profile
Freshpet, Inc is a manufacturer of fresh, refrigerated pet food distributed across North America. The Company operates in the segment of manufacturing, marketing and distribution of pet food and pet treats for dogs and cats. The Company’s products consist of dog food, cat food, and dog and cat treats.
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