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Stock Charts AI Power Rank: 1.6
Power Rank trend -> Falling
07/26/2024 16:00:00 EST
Freshpet Inc (FRPT)
Industry: Packaged Foods
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, FRPT has been trading in a range between $135.56 and $118.84 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
The AI powered stock chart is in a Red zone currently. We would avoid this stock.
Upside / Downside Potential
Freshpet Inc $FRPT entered a Red zone 9 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $87.05, a potential down side of -26.19% from the recent price of 117.94. The stock is trading 15.61% (potential upside) below its 52 week high of $136.35 and 116.01 % (potential downside) above its 52 week low of $54.60 - based on the recent price.
Company Summary
Freshpet, Inc, together with its subsidiaries, manufactures, distributes, and markets natural fresh meals and treats for dogs and cats in the United States, Canada, and Europe. It sells dog food, cat food, and dog treats under the Freshpet brand name; and Dognation and Dog Joy labels through various classes of retail, including grocery, mass, club, pet specialty, and natural, as well as online.
News
| 3 Pet Stocks That Are Better Buys Than Chewy Chewy (NYSE: CHWY ) has recently become what some would consider to be a meme stock. On June 24, influential investor Keith Gill, also known as Roaring Kitty, disclosed the purchase of 9 million shares, valued at roughly $245 million. Source: InvestorPlace Mon, 08 Jul 2024 16:45:00 -0400 Sentiment: Positive |
| Freshpet: Anticipating Strong Growth And Positive Earnings In 2024 (Upgrade) Freshpet, Inc.'s volume growth has accelerated and returned to levels exceeding +20% in recent times, which suggests that inflationary pressures have become less of a challenge for the company's customers. Freshpet is well-positioned to report positive GAAP earnings this year for the first time since its 2014 listing, as the company has managed its product costs well. I revise my rating for Freshpet, Inc. shares to a Buy, considering the company's favorable financial outlook that could drive further valuation re-rating. Source: Seeking Alpha Mon, 01 Jul 2024 11:56:54 -0400 Sentiment: Positive |
| Why Freshpet (FRPT) Outpaced the Stock Market Today Freshpet (FRPT) reachead $131.21 at the closing of the latest trading day, reflecting a +1.16% change compared to its last close. Source: Zacks Investment Research Tue, 18 Jun 2024 19:20:41 -0400 Sentiment: Positive |
| 3 Consumer Stocks to Buy Now: June 2024 During the current quarter, consumer confidence has dropped to levels not seen since the fourth quarter of 2023. Among the factors making consumers more pessimistic were inflation, their reduced savings and perceived weakness in the labor market. Source: InvestorPlace Tue, 18 Jun 2024 06:40:00 -0400 Sentiment: Neutral |
| Freshpet (FRPT) Stock Dips While Market Gains: Key Facts Freshpet (FRPT) closed at $128.17 in the latest trading session, marking a -1.35% move from the prior day. Source: Zacks Investment Research Tue, 11 Jun 2024 19:20:29 -0400 Sentiment: Neutral |
Technicals 52 Week Hi: 136.35 52 Week Low: 54.6 Beta: 1.363 50 Day MA: 127.317 200 Day MA: 98.5887 Earnings / Revenue Trends Qtr Earnings Growth YOY: 0.093 Qtr Revenue Growth YOY: 0.336 Forward PE: 104.1667 Trailing PE: 642.1111