Nvidia’s results, Tesla’s European sales, Japan trade - what’s moving markets
Freshpet Inc (NASDAQ:FRPT). stock recently reached a 52-week low, trading at 66.98 USD. This marks a significant downturn for the pet food company, which has seen its stock price decline by 50.19% over the past year. According to InvestingPro data, the company’s market capitalization stands at $3.29 billion, with the stock down 51.53% year-to-date. The drop to this 52-week low underscores the challenges Freshpet has faced amid shifting market conditions and investor sentiment. Despite the company’s efforts to expand its product offerings and market presence, with revenue growing 23.24% in the last twelve months and maintaining a strong liquidity position with a current ratio of 4.91, the substantial decrease in stock value reflects broader concerns within the industry and economic factors affecting consumer spending on premium pet products. Discover more insights about FRPT’s financial health and growth potential with a comprehensive Pro Research Report, available exclusively on InvestingPro.
In other recent news, Freshpet reported its first-quarter 2025 financial results, revealing a revenue of $263 million, which marked an 18% increase from the previous year and exceeded the forecasted $258 million. The company’s adjusted gross margin improved to 45.7%, and its adjusted earnings before interest, taxes, depreciation, and amortization (AEBITDA) reached $35.5 million, surpassing consensus estimates. However, the adjusted earnings per share (AEPS) of $0.08 fell slightly below the expected $0.10. In light of these results, Benchmark revised Freshpet’s price target to $120, maintaining a Buy rating. Meanwhile, UBS initiated coverage with a sell rating, expressing concerns about the company’s growth expectations, while Stifel resumed coverage with a buy rating, citing long-term growth potential. TD Cowen downgraded Freshpet’s stock to Hold, setting a price target of $96 due to concerns over slowing retail sales growth. Additionally, Freshpet shareholders approved all proposals at the 2025 annual meeting, including the election of board members and the ratification of KPMG LLP as the independent auditor. The board also decided to continue holding annual advisory votes on executive compensation.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.