Jefferies (NYSE:JEF) analyst Stephanie Wissink maintained a Buy rating on Freshpet (NASDAQ:FRPT) on Thursday, setting a price target of $190, which is approximately 38.64% above the present share price of $137.05.
Wissink expects Freshpet to post earnings per share (EPS) of -$0.17 for the third quarter of 2021.
The current consensus among 8 TipRanks analysts is for a Moderate Buy rating of shares in Freshpet, with an average price target of $177.38.
The analysts price targets range from a high of $229 to a low of $120.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $108.62 million and a net profit of -$6.47 million. The company's market cap is $5.94 billion.
According to TipRanks.com, Jefferies analyst Stephanie Wissink is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 6.3% and a 55.99% 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.