Freshpet (NASDAQ:FRPT) Rating Increased to Buy at TD Cowen

TD Cowen upgraded shares of Freshpet (NASDAQ:FRPT) from a hold rating to a buy rating in a research report report published on Wednesday morning, Marketbeat.com reports. TD Cowen currently has $80.00 price objective on the stock.

FRPT has been the topic of a number of other reports. Bank of America raised their target price on shares of Freshpet from $60.00 to $67.00 and gave the stock a “neutral” rating in a research report on Friday, December 19th. Benchmark raised their target price on shares of Freshpet from $90.00 to $93.00 and gave the stock a “buy” rating in a research report on Monday, March 23rd. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Freshpet from $69.00 to $62.00 and set a “hold” rating on the stock in a research report on Monday, March 30th. Oppenheimer upgraded shares of Freshpet from a “market perform” rating to an “outperform” rating and set a $80.00 price objective on the stock in a research report on Friday, March 20th. Finally, Stifel Nicolaus lifted their price objective on shares of Freshpet from $65.00 to $84.00 and gave the company a “buy” rating in a research report on Tuesday, February 24th. Ten research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $75.25.

Freshpet Stock Performance

Shares of FRPT opened at $65.03 on Wednesday. The company has a current ratio of 5.54, a quick ratio of 4.57 and a debt-to-equity ratio of 0.35. The firm has a market cap of $3.19 billion, a PE ratio of 25.30, a price-to-earnings-growth ratio of 1.97 and a beta of 1.78. The company’s 50 day simple moving average is $70.66 and its 200-day simple moving average is $62.59. Freshpet has a 12-month low of $46.76 and a 12-month high of $89.80.

Freshpet (NASDAQ:FRPT) last announced its earnings results on Monday, February 23rd. The company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.21. The business had revenue of $285.23 million for the quarter, compared to analyst estimates of $285.66 million. Freshpet had a net margin of 12.63% and a return on equity of 6.93%. The company’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period last year, the firm posted $0.36 earnings per share. As a group, equities analysts predict that Freshpet will post 1.55 EPS for the current year.

Institutional Investors Weigh In On Freshpet

Institutional investors have recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd raised its stake in shares of Freshpet by 606.8% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 417 shares of the company’s stock worth $25,000 after buying an additional 358 shares during the last quarter. Motiv8 Investments LLC acquired a new position in shares of Freshpet during the 4th quarter worth $28,000. Signaturefd LLC raised its stake in shares of Freshpet by 143.0% during the 4th quarter. Signaturefd LLC now owns 503 shares of the company’s stock worth $31,000 after buying an additional 296 shares during the last quarter. Parallel Advisors LLC raised its stake in shares of Freshpet by 55.0% during the 3rd quarter. Parallel Advisors LLC now owns 555 shares of the company’s stock worth $31,000 after buying an additional 197 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB raised its stake in shares of Freshpet by 445.4% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 529 shares of the company’s stock worth $32,000 after buying an additional 432 shares during the last quarter.

Freshpet News Summary

Here are the key news stories impacting Freshpet this week:

• Positive Sentiment: TD Cowen upgraded FRPT from Hold to Buy and set an $80 price target, citing sustained outperformance and margin upside — a clear catalyst that likely boosted investor confidence. Freshpet Upgraded to Buy at TD Cowen
• Positive Sentiment: Cowen commentary argued Freshpet’s moat can withstand competitive pressure from Costco’s Kirkland brand and direct-to-consumer rivals (e.g., The Farmer’s Dog), reinforcing the upgrade’s rationale and giving investors reassurance about franchise durability. Freshpet’s moat can withstand threats from Costco’s Kirkland and The Farmer’s Dog — Cowen
• Positive Sentiment: Coverage amplification (TipRanks/market write-ups) reiterated the Cowen upgrade and the view of margin expansion potential, helping spread the bullish thesis to a wider investor audience. Freshpet: Sustained Outperformance… Support Buy Rating
• Neutral Sentiment: Wells Fargo lowered its price target on FRPT from $90 to $78 but maintained an Overweight rating — a mixed signal (rating supportive, target trimmed) that tempers upside expectations while still signaling conviction to buy. Wells Fargo price target update
• Negative Sentiment: Some media pieces flagged Freshpet among “high-flying” names with questions about fundamentals, which could inject caution among value-oriented traders. 3 high-flying stocks with questionable fundamentals

Freshpet Company Profile

Freshpet Inc (NASDAQ: FRPT) is a leading pet food company specializing in fresh, refrigerated meals and treats for dogs and cats. The company’s products are formulated with carefully selected, natural ingredients and are designed to offer a higher level of nutrition and freshness than traditional dry or canned pet foods. Freshpet’s offerings include refrigerated rolls, pâtés and snacks, all of which are sold through the refrigerated section of grocery, mass-market and pet specialty stores.

Freshpet’s product portfolio is built around the concept of fresh, minimally processed recipes that do not require preservatives or artificial colors.