Vital Farms (NASDAQ:VITL) Earns Outperform Rating from Analysts at Telsey Advisory Group

Telsey Advisory Group began coverage on shares of Vital Farms (NASDAQ:VITL) in a research note issued to investors on Monday, Marketbeat Ratings reports. The brokerage issued an outperform rating and a $52.00 price target on the stock. Telsey Advisory Group also issued estimates for Vital Farms’ Q4 2024 earnings at $0.17 EPS, FY2024 earnings at $1.12 EPS, Q1 2025 earnings at $0.37 EPS, Q2 2025 earnings at $0.30 EPS, Q3 2025 earnings at $0.25 EPS, Q4 2025 earnings at $0.29 EPS, FY2025 earnings at $1.21 EPS, FY2026 earnings at $1.49 EPS and FY2027 earnings at $1.88 EPS.

VITL has been the subject of several other research reports. Jefferies Financial Group lowered their price objective on shares of Vital Farms from $45.00 to $41.00 and set a “buy” rating for the company in a research note on Monday, November 11th. TD Cowen increased their price objective on Vital Farms from $41.00 to $45.00 and gave the company a “buy” rating in a research note on Wednesday, January 8th. Craig Hallum assumed coverage on Vital Farms in a research note on Friday, December 20th. They set a “buy” rating and a $50.00 target price for the company. DA Davidson lifted their price objective on Vital Farms from $44.00 to $48.00 and gave the company a “buy” rating in a research note on Thursday, October 10th. Finally, Stifel Nicolaus raised their target price on shares of Vital Farms from $34.00 to $44.00 and gave the company a “hold” rating in a report on Friday, January 24th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, Vital Farms presently has an average rating of “Moderate Buy” and a consensus price target of $44.57.

Vital Farms Stock Up 2.7 %

Shares of NASDAQ:VITL opened at $44.04 on Monday. The business has a 50-day moving average price of $38.43 and a 200 day moving average price of $35.77. Vital Farms has a 12-month low of $14.37 and a 12-month high of $48.41. The company has a current ratio of 3.24, a quick ratio of 2.81 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $1.93 billion, a price-to-earnings ratio of 39.32 and a beta of 0.88.

Vital Farms (NASDAQ:VITL) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.14 by $0.02. The firm had revenue of $145.00 million for the quarter, compared to analyst estimates of $145.27 million. Vital Farms had a net margin of 8.68% and a return on equity of 22.29%. The business’s revenue for the quarter was up 31.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.10 EPS. Sell-side analysts expect that Vital Farms will post 1.11 EPS for the current year.

Insider Buying and Selling

In other Vital Farms news, insider Matthew Ohayer sold 24,000 shares of the firm’s stock in a transaction dated Thursday, December 19th. The shares were sold at an average price of $38.19, for a total transaction of $916,560.00. Following the sale, the insider now directly owns 7,038,890 shares of the company’s stock, valued at $268,815,209.10. This trade represents a 0.34 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Russell Diez-Canseco sold 44,728 shares of the company’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $37.66, for a total transaction of $1,684,456.48. Following the transaction, the chief executive officer now directly owns 613,797 shares in the company, valued at $23,115,595.02. The trade was a 6.79 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 190,202 shares of company stock valued at $7,855,957 over the last quarter. Company insiders own 27.60% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in VITL. Van ECK Associates Corp lifted its holdings in shares of Vital Farms by 112.8% during the 4th quarter. Van ECK Associates Corp now owns 5,579 shares of the company’s stock worth $210,000 after acquiring an additional 2,957 shares during the period. Values First Advisors Inc. purchased a new stake in shares of Vital Farms during the 4th quarter valued at $199,000. Spire Wealth Management raised its position in shares of Vital Farms by 66.2% in the 4th quarter. Spire Wealth Management now owns 11,800 shares of the company’s stock worth $445,000 after buying an additional 4,700 shares during the period. Lifestyle Asset Management Inc. increased its stake in Vital Farms by 5.1% during the fourth quarter. Lifestyle Asset Management Inc. now owns 10,345 shares of the company’s stock worth $390,000 after acquiring an additional 499 shares during the last quarter. Finally, Dakota Wealth Management lifted its stake in shares of Vital Farms by 26.8% in the 4th quarter. Dakota Wealth Management now owns 7,250 shares of the company’s stock valued at $273,000 after purchasing an additional 1,534 shares in the last quarter. Hedge funds and other institutional investors own 98.59% of the company’s stock.

Vital Farms Company Profile

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.