Stocks · Consumer Defensive · Packaged Foods
Freshpet, Inc. FRPT
$61.33 +1.78% Close, Oct 5, 2026 · NASDAQ · Market cap $2.96B
Strong growth
Next earnings report: Nov 2, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $3.80, up 467.2% year over year.
- The diluted share count rose 11.2% in a year.
- The shares trade at 16.1× trailing earnings, lower than 90% of the company's own readings over the past five years.
PromtFinance scores
Each score is a percentile within the Consumer Defensive sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 6, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 18%
- EPS growth (TTM, YoY)Top 1%
- FCF growth (TTM, YoY)Top 1%
- Revenue growth, 3-year CAGRTop 7%
- Revenue growth accelerationTop 42%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 46%
- Gross marginTop 37%
- Operating marginTop 39%
- Cash conversion (OCF / net income)Bottom 9%
- Accruals (lower is better)Bottom 7%
- Net debt / EBITDA (lower is better)Top 27%
- Interest coverTop 26%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 26%
- Free-cash-flow yieldBottom 47%
- EBITDA / enterprise valueTop 49%
- Sales / enterprise valueBottom 15%
- P/E vs own 5-year history (lower is better)Top 22%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 15%
- 6-month returnTop 29%
- 1-year return vs S&P 500Top 24%
- Distance from 52-week highBottom 48%
- Trend checklist (0–4)Top 26%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 23%
- Consecutive EPS beatsBottom 38%
- Share of analysts rating BuyTop 39%
- Upside to consensus price targetBottom 29%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 29%
- Maximum drawdown, 3 yearsBottom 23%
- Beta vs S&P 500 (lower is better)Bottom 14%
- Net debt / EBITDA (lower is better)Top 27%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 12.0% | 12.8% | ↑ |
| EPS growth (YoY) | 1106.5% | 467.2% | ↓ |
| Gross margin | 40.8% | 39.3% | ↓ |
| Operating margin | 3.6% | 8.8% | ↑ |
| FCF margin | 3.2% | 14.3% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 12.8% | 12.0% | ↑ | Top 18% |
| EPS growth (TTM, YoY) | 467.2% | 1106.5% | ↓ | Top 1% |
| Gross margin | 39.3% | 40.8% | ↓ | Top 37% |
| Operating margin | 8.8% | 3.6% | ↑ | Top 39% |
| Net margin | 17.3% | 3.2% | ↑ | — |
| Free-cash-flow margin | 14.3% | 3.2% | ↑ | — |
| Return on invested capital | 6.0% | — | Bottom 46% | |
| Revenue growth, 3-year CAGR | 22.8% | — | Top 7% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.02×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -0.2%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 1.2%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -4.5 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 0.57×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 15.3×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 1.64%
- Shareholder yield
- 1.64%
- Share count change, 1 year
- +11.2%
- Share count change, 3-year CAGR
- +5.1%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 5, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 1
- Beats in the last 8 reports
- 5 of 8
- Average EPS surprise, last 4
- +24.4%
- Average 2-day reaction, last 8
- +3.7%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $71.00
- Target vs current price
- +15.8%
- Analysts with a rating
- 29
- Share rating Buy or Strong Buy
- 55%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 5, 2026 | +75.0% | +14.6% | +15.0% | +12.7% | — |
| May 6, 2026 | -33.3% | -8.7% | -14.8% | -16.9% | -1.0% |
| Feb 23, 2026 | +48.8% | +5.5% | +13.3% | -13.4% | -35.0% |
| Nov 3, 2025 | +7.0% | +14.3% | +12.3% | +16.4% | +43.0% |
| Aug 4, 2025 | +175.0% | +6.3% | -4.7% | -15.2% | -15.2% |
| May 5, 2025 | -30.8% | +3.6% | +5.4% | +6.2% | -6.9% |
| Feb 20, 2025 | -18.2% | -18.5% | -18.1% | -34.4% | -36.2% |
| Nov 4, 2024 | +118.2% | +12.6% | +17.0% | +15.4% | +19.6% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 5, 2026 | $0.42 | $0.24 | +75.0% | $305.6M |
| May 6, 2026 | $0.04 | $0.06 | -33.3% | $297.6M |
| Feb 23, 2026 | $0.64 | $0.43 | +48.8% | $285.2M |
| Nov 3, 2025 | $0.46 | $0.43 | +7.0% | $288.8M |
| Aug 4, 2025 | $0.33 | $0.12 | +175.0% | $264.7M |
| May 5, 2025 | $0.09 | $0.13 | -30.8% | $263.2M |
| Feb 20, 2025 | $0.36 | $0.44 | -18.2% | $262.7M |
| Nov 4, 2024 | $0.24 | $0.11 | +118.2% | $253.4M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 16.1× | 108.8× | 10th | Top 26% |
| P/E (forward) | 31.7× | — | — | — |
| EV / EBITDA | 12.4× | — | — | Top 49% |
| EV / Sales | 2.64× | — | — | Bottom 15% |
| Free-cash-flow yield | 5.69% | — | — | Bottom 47% |
| Earnings yield | 6.20% | — | — | Top 26% |
P/E over the past five years
Range 14.7× – 255.1× since Jun 30, 2024. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +15.1%
- Earnings per share growth (TTM)
- +467.2%
- Change in P/E multiple
- -82.0%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- +2.9%
- 200-day average slope (20 days)
- +0.3%
- Distance from 50-day average
- -7.1%
- Distance from 200-day average
- -3.6%
- RSI (14)
- 46.1
- Relative volume
- 0.97×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 45.8%
- Volatility vs own 5-year history
- 46th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.19
- Correlation with S&P 500
- 0.36
- Current drawdown from 1-year high
- -28.3%
- Maximum drawdown, 3 years
- -70.9%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Apr 30, 2021 | Sep 8, 2022 | -79.0% | 342 days | Not yet recovered |
| Feb 12, 2021 | Mar 8, 2021 | -20.8% | 15 days | 31 days (Apr 21, 2021) |
| Nov 5, 2020 | Nov 10, 2020 | -11.3% | 3 days | 9 days (Nov 23, 2020) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $2.96B
- P/E (TTM)
- 16.1
- EPS, diluted (TTM)
- $3.80
- Revenue (TTM)
- $1.18B
- 52-week range
- $46.45 – $86.00
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $425.5M | $595.3M | $766.9M | $975.2M | $1.10B |
| Gross profit | $162.1M | $186.0M | $250.9M | $396.0M | $425.2M |
| Operating income | -$24.7M | -$52.0M | -$30.4M | $38.0M | $95.0M |
| Net income | -$29.7M | -$59.5M | -$33.6M | $46.9M | $139.1M |
| EPS (diluted) | -$0.69 | -$1.29 | -$0.70 | $0.93 | $2.64 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $253.4M | $262.7M | $263.2M | $264.7M | $288.8M | $285.2M | $297.6M | $305.6M |
| Net income | $11.9M | $18.1M | -$12.7M | $16.4M | $101.7M | $33.8M | $48.5M | $19.5M |
| EPS (diluted) | $0.24 | $0.36 | -$0.26 | $0.33 | $1.86 | $0.64 | $0.91 | $0.39 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $647,000 | -$43.2M | $75.9M | $154.3M | $160.6M |
| Capital expenditure | -$322.1M | -$230.1M | -$239.1M | -$187.1M | -$148.2M |
| Free cash flow | -$321.5M | -$273.3M | -$163.2M | -$32.8M | $12.4M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | $332.2M | $338.0M | $0 | $9.1M | $2.1M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $350.8M
- Total assets
- $1.81B
- Total liabilities
- $574.7M
- Total debt
- $493.7M
- Net debt
- $142.8M
- Shareholders’ equity
- $1.24B
As of Jun 30, 2026 (filed Aug 5, 2026).
Short interest
- Shares sold short
- 7,780,834
- Days to cover
- 7.73
- Change vs previous report
- -3.4%
FINRA short interest, settlement date Sep 15, 2026.