Freshpet (NASDAQ:FRPT) Given New $66.00 Price Target at JPMorgan Chase & Co.

Freshpet (NASDAQ:FRPT) had its price objective reduced by JPMorgan Chase & Co. from $80.00 to $66.00 in a research report sent to investors on Wednesday morning,Benzinga reports. They currently have a neutral rating on the stock.

Several other research analysts also recently weighed in on the stock. TD Cowen reissued a “hold” rating on shares of Freshpet in a research report on Tuesday, March 17th. Stifel Nicolaus upped their price target 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. Wells Fargo & Company raised their price objective on shares of Freshpet from $82.00 to $90.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 25th. Benchmark lifted their price objective on shares of Freshpet from $90.00 to $93.00 and gave the stock a “buy” rating in a research report on Monday. Finally, Weiss Ratings raised shares of Freshpet from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, December 29th. Nine equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $76.00.

Freshpet Trading Up 2.0%

Shares of NASDAQ FRPT opened at $60.10 on Wednesday. The company has a quick ratio of 4.57, a current ratio of 5.54 and a debt-to-equity ratio of 0.35. Freshpet has a 12 month low of $46.76 and a 12 month high of $89.80. The company has a market cap of $2.95 billion, a price-to-earnings ratio of 23.39, a P/E/G ratio of 1.93 and a beta of 1.66. The business has a fifty day simple moving average of $72.52 and a 200-day simple moving average of $62.18.

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

Hedge Funds Weigh In On Freshpet

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

Trending Headlines about Freshpet

Here are the key news stories impacting Freshpet this week:

• Positive Sentiment: Analysts say competitive threats are overblown, which traders interpreted as supportive for Freshpet’s growth outlook. Freshpet stock gains after analysts dismisses competitive threats
• Neutral Sentiment: Zacks summarizes the recent sell‑off and market action around FRPT, useful context on how newsflow has driven recent volatility. Here’s Why Freshpet (FRPT) Fell More Than Broader Market
• Negative Sentiment: A plaintiff law firm (Levi & Korsinsky) says it opened a securities‑law investigation into Freshpet following an NAD ruling tied to a competitor challenge — this raises legal and disclosure risk. Fraud Investigation Opened: Levi & Korsinsky Investigates Freshpet
• Negative Sentiment: Pomerantz (another firm) has issued an investor alert and is investigating claims on behalf of shareholders, adding to legal overhang and potential litigation risk. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims
• Negative Sentiment: Reports that The Farmer’s Dog launched at Walmart triggered investor concern about grocery/retail competition in the fresh pet‑food category, which pressured the stock. Freshpet shares rocked by The Farmer’s Dog launch at Walmart
• Negative Sentiment: JPMorgan cut its price target to $66 and moved to a neutral rating, reducing an analyst cushion for the stock and signaling more tempered expectations. Benzinga: JPMorgan cuts price target
• Negative Sentiment: Jim Cramer noted Freshpet has been “too hot” versus peers and flagged margin disappointment, a high‑profile caution that can affect retail sentiment. Jim Cramer on Freshpet, Inc.
• Neutral Sentiment: Several data posts on short interest show anomalous/zero values — watch official exchange reports for accurate short‑interest trends before drawing conclusions about short pressure. (No direct link)

About Freshpet

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.