Vital Farms (VITL) Expected to Announce Earnings on Thursday

Vital Farms (NASDAQ:VITL) is expected to be issuing its quarterly earnings data before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $0.16 per share and revenue of $160.32 million for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Vital Farms Price Performance

Shares of NASDAQ VITL opened at $32.06 on Wednesday. Vital Farms has a one year low of $16.52 and a one year high of $48.41. The firm has a market cap of $1.40 billion, a PE ratio of 28.63 and a beta of 0.90. The firm has a fifty day moving average of $39.05 and a 200 day moving average of $35.68. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.81 and a current ratio of 3.24.

Analyst Ratings Changes

A number of research firms have commented on VITL. Stifel Nicolaus upped their target price on shares of Vital Farms from $34.00 to $44.00 and gave the company a “hold” rating in a research report on Friday, January 24th. Jefferies Financial Group decreased their price target on Vital Farms from $45.00 to $41.00 and set a “buy” rating for the company in a report on Monday, November 11th. TD Cowen raised their price target on Vital Farms from $41.00 to $45.00 and gave the company a “buy” rating in a research report on Wednesday, January 8th. Craig Hallum assumed coverage on Vital Farms in a research report on Friday, December 20th. They issued a “buy” rating and a $50.00 price target for the company. Finally, Telsey Advisory Group restated an “outperform” rating and issued a $52.00 price target on shares of Vital Farms in a report on Tuesday, February 18th. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, Vital Farms has a consensus rating of “Moderate Buy” and an average target price of $44.57.

Insider Buying and Selling at Vital Farms

In other Vital Farms news, CMO Kathryn Mckeon sold 12,300 shares of the firm’s stock in a transaction dated Friday, January 17th. The shares were sold at an average price of $44.05, for a total value of $541,815.00. Following the completion of the sale, the chief marketing officer now owns 46,203 shares in the company, valued at approximately $2,035,242.15. This trade represents a 21.02 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Matthew Ohayer sold 24,000 shares of Vital Farms stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $43.19, for a total value of $1,036,560.00. Following the completion of the sale, the insider now directly owns 7,014,890 shares of the company’s stock, valued at $302,973,099.10. This trade represents a 0.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 190,202 shares of company stock valued at $7,855,957 in the last 90 days. 27.60% of the stock is currently owned by insiders.

About Vital Farms

Vital Farms, Inc, a food company, provides pasture-raised products in the United States. It offers shell eggs, butter, hard-boiled eggs, and liquid whole eggs. The company was founded in 2007 and is headquartered in Austin, Texas.