Vital Farms Inc (VITL) is looking forward to a strong quarter

With 0.89 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.05 million shares. The 52-week range on VITL shows that it touched its highest point at $48.41 and its lowest point at $16.01 during that stretch. It currently has a 1-year price target of $47.86. Beta for the stock currently stands at 0.90.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of VITL was down-trending over the past week, with a drop of -1.47%, but this was down by -21.38% over a month. Three-month performance surged to 19.73% while six-month performance rose 12.73%. The stock gained 116.90% in the past year, while it has lost -7.40% so far this year. A look at the trailing 12-month EPS for VITL yields 1.12 with Next year EPS estimates of 1.21. For the next quarter, that number is 0.17. This implies an EPS growth rate of 89.54% for this year and 8.64% for next year. EPS is expected to grow by 37.18% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 31.87%.

Float and Shares Shorts:

At present, 43.71 million VITL shares are outstanding with a float of 32.10 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for VITL since 4 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.14852 being high and $1.08808 being low. For VITL, this leads to a yearly average estimate of $1.1183. Based on analyst estimates, the high estimate for the next quarter is $0.42 and the low estimate is $0.26. The average estimate for the next quarter is thus $0.35.