Goldman Sachs Stick to Their Hold Rating for Freshpet
Investing.com
Published Dec 04, 2021 04:22AM ET
Goldman Sachs (NYSE:GS) analyst Goldman Sachs maintained a Hold rating on Freshpet (NASDAQ:FRPT) on Friday, setting a price target of $121, which is approximately 18.29% above the present share price of $102.29.
expects Freshpet to post earnings per share (EPS) of -$0.05 for the fourth quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Moderate Buy rating of shares in Freshpet, with an average price target of $171.
The analysts price targets range from a high of $229 to a low of $120.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $107.59 million and a net profit of -$840 thousand. The company's market cap is $4.44 billion.
According to TipRanks.com, Goldman Sachs analyst Goldman Sachs is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 9.5% and a 56.85% success rate.
Freshpet, Inc. engages in the manufacturing, marketing, and distribution of pet food and pet treats for dogs and cats. Its products are sold throughout the United States and in Canada under the Freshpet Select, Vital and Nature's Fresh brands. Its products include deli fresh grain free chicken recipe for dogs; dog joy turkey and apple bites treats for dogs; nature's fresh grain free chicken recipe for cats; and vital grain free chicken and ocean whitefish recipe for cats. The company was founded by Scott Morris and Cathal Walsh in November 2004 and is headquartered in Secaucus, NJ.
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