We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Vital Farms (VITL - Free Report) closed at $40.35 in the latest trading session, marking a +0.2% move from the prior day. This move lagged the S&P 500's daily gain of 0.4%. At the same time, the Dow added 0.09%, and the tech-heavy Nasdaq gained 0.63%.
Coming into today, shares of the company had gained 23.83% in the past month. In that same time, the Consumer Staples sector lost 2.13%, while the S&P 500 gained 3.76%.
Analysts and investors alike will be keeping a close eye on the performance of Vital Farms in its upcoming earnings disclosure. The company is expected to report EPS of $0.14, up 40% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $142 million, up 28.59% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $1.11 per share and a revenue of $595.7 million, demonstrating changes of +88.14% and +26.25%, respectively, from the preceding year.
It is also important to note the recent changes to analyst estimates for Vital Farms. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Vital Farms is holding a Zacks Rank of #3 (Hold) right now.
Valuation is also important, so investors should note that Vital Farms has a Forward P/E ratio of 36.44 right now. This indicates a premium in contrast to its industry's Forward P/E of 17.96.
The Food - Miscellaneous industry is part of the Consumer Staples sector. With its current Zacks Industry Rank of 147, this industry ranks in the bottom 42% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow VITL in the coming trading sessions, be sure to utilize Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Vital Farms (VITL) Rises Yet Lags Behind Market: Some Facts Worth Knowing
Vital Farms (VITL - Free Report) closed at $40.35 in the latest trading session, marking a +0.2% move from the prior day. This move lagged the S&P 500's daily gain of 0.4%. At the same time, the Dow added 0.09%, and the tech-heavy Nasdaq gained 0.63%.
Coming into today, shares of the company had gained 23.83% in the past month. In that same time, the Consumer Staples sector lost 2.13%, while the S&P 500 gained 3.76%.
Analysts and investors alike will be keeping a close eye on the performance of Vital Farms in its upcoming earnings disclosure. The company is expected to report EPS of $0.14, up 40% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $142 million, up 28.59% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $1.11 per share and a revenue of $595.7 million, demonstrating changes of +88.14% and +26.25%, respectively, from the preceding year.
It is also important to note the recent changes to analyst estimates for Vital Farms. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Vital Farms is holding a Zacks Rank of #3 (Hold) right now.
Valuation is also important, so investors should note that Vital Farms has a Forward P/E ratio of 36.44 right now. This indicates a premium in contrast to its industry's Forward P/E of 17.96.
The Food - Miscellaneous industry is part of the Consumer Staples sector. With its current Zacks Industry Rank of 147, this industry ranks in the bottom 42% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow VITL in the coming trading sessions, be sure to utilize Zacks.com.