How to Buy Freshpet Stock
Freshpet Inc
Freshpet, Inc. manufactures and markets natural fresh meals and treats for dogs and cats in the United States, Canada, and Europe.
Freshpet stock last closed at $62.80, down 2.04% from the previous day, and has decreased 5.65% in one year. It has underperformed other stocks in the Packaged Foods industry by 0.09 percentage points. Freshpet stock is currently +74.35% from its 52-week low of $36.02, and -14.53% from its 52-week high of $73.48.
There are currently 48.12M FRPT shares outstanding. The market capitalization of FRPT is $3.02B. In the last 24 hours, 463,801 FRPT shares were traded.
How to Buy Freshpet Stock
Not sure how to invest in Freshpet stock? Here's how.
- Figure out where to buy Freshpet stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you determine where to buy Freshpet stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Choose your payment method and add your info.
- Research Freshpet stock: The Freshpet ticker symbol is FRPT. Is Freshpet stock a good investment? Should you buy shares of FRPT? How do FRPT's underlying business fundamentals look? Do top analysts think Freshpet is a good buy? Why has FRPT's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if FRPT is a good stock to buy).
- Place your FRPT purchase: Decide if you will purchase FRPT shares at the current market price or use a limit order to purchase FRPT shares at a given price.
- Monitor your investment in FRPT: Create a watchlist to watch your investment in Freshpet stock.
Step 1: Figure out where to buy Freshpet stock
You will need an online brokerage account to access the NASDAQ market and buy FRPT shares.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the best brokerage, it's time to fill out some personal details so you are able to buy FRPT today.
How to Create a New Investment Account on eToro
- Click here to get started.
- Enter your personal details to open a new brokerage account.
- Send your information by pressing the "Create Account" button.
Step 3: Deposit money your investment account
Now that you have filled out your info on the best free stock trading app, you can securely and quickly fund your account:
Watch this video walkthrough for more details depositing funds into your new investment account.
Step 4: Research Freshpet stock
Once you have figured out the best place to buy Freshpet stock, it's important to evaluate their stock prior to buying, so you actually understand the risk and upside.
Freshpet stock data
Fundamentals of Freshpet
WallStreetZen was created to help average investors do more in-depth fundamental analysis.
You can see all of the due diligence checks on FRPT's stock page.
What is the fair value of FRPT stock?
You can use many financial metrics, analyses, models, and charts to gauge FRPT's fair value.
Using relative valuations metrics:
- FRPT may be overvalued based on its P/B ratio of 3.18x, relative to Packaged Foods industry P/B ratio of 2.36x
You can access more valuation research on FRPT's stock here.
How do FRPT Financials look?
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the FRPT balance sheet.
- FRPT has cash burn of 254404000. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the FRPT balance sheet.
Negative Financial Indicators:
- FRPT has a relatively high debt to equity ratio of 0.48.
- FRPT has $386.47M in cash and short term investments. This is not sufficient to cover its annual cash burn of $254.40M.
- FRPT profit margin has gone down from -7.8% to -10.6% in the past year.
- Total FRPT debt is higher than 5 years ago, relative to shareholder equity.
Is it a good time to buy Freshpet stock, according to Wall Street analysts?
Out of 7 sell side analysts who give forecasts on FRPT, the consensus analyst rating on FRPT is a Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.
Most Recent FRPT Analyst Upgrades/Downgrades
Peter Benedict, a top 21% analyst from Baird maintains FRPT with a buy rating and raises their FRPT price target from $75.00 to $80.00, on May 9, 2023.
Jonmichael Shekian, a bottom 32% analyst from Citigroup maintains FRPT with a hold rating and raises their FRPT price target from $66.00 to $71.00, on May 5, 2023.
Bill Chappell, a bottom 11% analyst from Truist Securities maintains FRPT with a hold rating and raises their FRPT price target from $40.00 to $55.00, on Feb 28, 2023.
Ben Bienvenu, a bottom 44% analyst from Stephens & Co. maintains FRPT with a strong buy rating and raises their FRPT price target from $70.00 to $75.00, on Feb 28, 2023.
John Lawrence, a bottom 6% analyst from Benchmark reiterates FRPT with a strong buy rating and maintains their FRPT price target from $100.00 to $100.00, on Feb 28, 2023.
You can dive deeper into what analysts are projecting on the Freshpet stock forecast page.
FRPT Technical Indicators
FRPT Performance Numbers
Last year, FRPT revenue was $630.70M. In the last 5 year, FRPT's revenue has gone up by 31.26% per year. This was faster than the Packaged Foods industry average of 7.41%.
Dive into FRPT's earnings and revenue performance here.
What are FRPT executives and large shareholders up to?
In the past 12 months, executives and large shareholders at FRPT have sold more shares than they have bought.
Cathal Walsh, SVP - Managing Director Europe of FRPT, was the latest FRPT insider to sell. They sold $440,017.70 worth of FRPT shares on May 10, 2023.
Learn more about who owns FRPT stock here.
Does FRPT provide a stable income stream?
No, Freshpet doesn't provide an income stream by paying out dividends.
FRPT Social Trading Data
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your FRPT purchase
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually fine for most investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount limit, use a limit order.
Click the Open button and eToro will place the order.
If you require more assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Monitor your investment in FRPT
Now that you own some FRPT stock, you'll want to stay up-to-date on your investment.
Add FRPT to a watchlist to track the most important metrics related to your FRPT stock.
FRPT Feed
How to Buy Stock in Freshpet
To reiterate, here are the 6 steps for buying Freshpet stock:
- Figure out where to buy Freshpet stock
- Create your brokerage account
- Deposit money your investment account
- Research Freshpet stock
- Place your FRPT purchase
- Monitor your investment in FRPT
If you require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to monitor your new investment in Freshpet, create a watchlist on WallStreetZen today.
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