Vital Farms, Inc., an ethical food company, provides pasture-raised products in the United States. It offers shell eggs, butter, hard-boiled eggs, ghee, liquid whole eggs, and egg bite products. The company was founded in 2007 and is headquartered in Austin, Texas.
IPO Year: 2020
Exchange: NASDAQ
Website: vitalfarms.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
8/9/2024 | $44.00 | Hold → Buy | TD Cowen |
5/10/2024 | $30.00 → $40.00 | Buy → Hold | Stifel |
4/10/2024 | Outperform | William Blair | |
12/8/2023 | $21.00 | Buy | DA Davidson |
9/13/2023 | $13.00 | Market Perform | TD Cowen |
4/14/2023 | $18.00 | Buy | Stifel |
4/13/2023 | Hold | Needham | |
3/24/2023 | $22.00 | Buy | Lake Street |
9/30/2022 | $16.00 | Buy | UBS |
7/20/2022 | $12.00 | Equal-Weight → Overweight | Morgan Stanley |
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144 - Vital Farms, Inc. (0001579733) (Subject)
8-K - Vital Farms, Inc. (0001579733) (Filer)
10-Q - Vital Farms, Inc. (0001579733) (Filer)
8-K - Vital Farms, Inc. (0001579733) (Filer)
144 - Vital Farms, Inc. (0001579733) (Subject)
8-K - Vital Farms, Inc. (0001579733) (Filer)
AUSTIN, Texas, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Vital Farms (NASDAQ:VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, today announced that Thilo Wrede, Chief Financial Officer, will participate virtually in the 11th Annual Furey Research Partners Hidden Gems Conference on November 25, 2024. Thilo Wrede will present, and Jim Furey will host a fireside chat for conference attendees beginning at 10:30 a.m. Eastern Time. To attend the conference, please call Chris Gaito at +1 908-400-3251 or email at [email protected]. The webcast and presentation will be available after the conference under the "Events & Presentations" tab of the Vital Farm
AUSTIN, Texas, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Vital Farms (NASDAQ:VITL) is pecking the halls and raising the standards of a classic baking tradition this year with the new Gingerbread Farmhouse Kit. The limited-edition kits, made in partnership with Supernatural and King Arthur Baking Company, are filled with everything you need to bake, build, and decorate a gingerbread barn using high-quality ingredients from this trio of premium brands. Contents include Vital Farms® pasture-raised egg and butter coupons, gingerbread and icing mixes from King Arthur Baking, plant-based and dye-free sprinkles, melting morsels, and food colorings from Supernatural, hen and cow cookie cutters, and piping
Third Quarter Net Revenue of $145.0 million, up 31.3% versus Prior Year PeriodRaises Fiscal Year 2024 Guidance and Reiterates Long-term GuidanceOn Track to Reach $1 Billion Net Revenue Target in 2027 AUSTIN, Texas, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Vital Farms (NASDAQ:VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, today reported financial results for its third quarter ended September 29, 2024. Financial highlights for the third quarter ended September 29, 2024, compared to the third quarter ended September 24, 2023, include: Net Revenue increased 31.3% to $145.0 million, compared to $110.4 millionGross Margin expanded 368 basis points to 36.
AUSTIN, Texas, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Vital Farms (NASDAQ:VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, will report financial results for the third quarter ended September 29, 2024, on Thursday, November 7, 2024, before market open. Vital Farms will host a conference call and webcast at 8:30 a.m. ET on the same day to discuss the results. To participate on the call and receive dial in information, please register here: Vital Farms Q3 2024 Conference Call The live conference call webcast can also be accessed on the Vital Farms Investor Relations website at https://investors.vitalfarms.com under "Events" on November 7, 2024. Thi
AUSTIN, Texas, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Vital Farms (NASDAQ:VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, has hired Reena Van Hoven as Chief People Officer (CPO), starting September 16, 2024. Van Hoven joins Vital Farms from food and beverage industry leader Danone North America. In the newly created CPO role, Van Hoven will lead Vital Farms' People Team overseeing Business Partnerships, Org & People Development, and Total Rewards. "We are thrilled to welcome Reena to build on the great foundation our People Team has established. We believe our true competitive advantage is our people, and deepening our investment in this function
AUSTIN, Texas, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Vital Farms (NASDAQ:VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, has hired Joe Holland as Chief Supply Chain Officer (CSCO) beginning on September 1, 2024. Mr. Holland's proven track record of driving operational excellence for high-impact consumer packaged goods (CPG) companies will help the company continue to raise the standards across the food industry. He will lead Vital Farms' diversified supply chain team, including its award-winning egg washing and packing facility, Egg Central Station (ECS), in Springfield, Missouri, its forthcoming facility in Seymour, Indiana, and dairy operations fo
Second Quarter Net Revenue of $147.4 million, up 38.5% versus Prior Year PeriodRaises Fiscal Year 2024 Outlook and Reiterates Long-term GuidancePlans for New State-of-the-Art Egg Washing and Packing Facility in Seymour, Indiana to Drive Growth AUSTIN, Texas, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Vital Farms (NASDAQ:VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, today reported financial results for its second quarter ended June 30, 2024. Financial highlights for the second quarter ended June 30, 2024, compared to the second quarter ended June 25, 2023, include: Net Revenue increased 38.5% to $147.4 million, compared to $106.4 millionGross Margin
AUSTIN, Texas, July 25, 2024 (GLOBE NEWSWIRE) -- Vital Farms (NASDAQ:VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, will report financial results for the second quarter ended June 30, 2024, on Thursday, August 8, 2024, before market open. Vital Farms will host a conference call and webcast at 8:30 a.m. ET on the same day to discuss the results. To participate on the live call, listeners in North America may dial +1-800-715-9871 and international listeners may dial +1-646-307-1463 with the Conference ID: 8674985. Alternatively, participants may access the live webcast on the Vital Farms Investor Relations website at https://investors.vitalfarm
AUSTIN, Texas, July 01, 2024 (GLOBE NEWSWIRE) -- Ernst & Young (EY) has honored Vital Farms' (NASDAQ:VITL) President & CEO Russell Diez-Canseco as an Entrepreneur Of The Year® 2024 Gulf South Award winner. Entrepreneur Of The Year is the preeminent awards program for entrepreneurs and leaders of high-growth companies celebrating "the bold leaders who disrupt markets, revolutionize industries and transform lives." The award recognizes many different types of leaders including original founders, transformational CEOs, and multigenerational family business leaders. Diez-Canseco was selected by an independent judging panel made up of previous award winners, leading CEOs and other business l
AUSTIN, Texas, June 26, 2024 (GLOBE NEWSWIRE) -- Vital Farms (NASDAQ:VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, today has announced plans to expand its resilient supply chain with a second world-class egg washing and packing facility located in Seymour, Indiana. The 72-acre future home of Egg Central Station (ECS) Seymour will build upon key successes from the brand's first facility in Springfield, Missouri. The new facility will enable Vital Farms to continue growing its pasture-raised egg business, create 150+ jobs for the Seymour community in its first phase, and is expected to help generate over $350 million in additional revenue for th
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AUSTIN, Texas, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Vital Farms (NASDAQ:VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, has hired Joe Holland as Chief Supply Chain Officer (CSCO) beginning on September 1, 2024. Mr. Holland's proven track record of driving operational excellence for high-impact consumer packaged goods (CPG) companies will help the company continue to raise the standards across the food industry. He will lead Vital Farms' diversified supply chain team, including its award-winning egg washing and packing facility, Egg Central Station (ECS), in Springfield, Missouri, its forthcoming facility in Seymour, Indiana, and dairy operations fo
AUSTIN, Texas, Jan. 27, 2022 (GLOBE NEWSWIRE) -- Vital Farms (NASDAQ:VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, today announced the appointment of Kathryn McKeon to Chief Marketing Officer (CMO) effective January 27, 2022. McKeon has over 15 years of experience in brand marketing, with a specific focus on building global and emerging consumer food brands. As CMO, McKeon will oversee the Brand, Content, Community Management, Shopper Marketing, Consumer Insights, Communications and Creative Design marketing functions. McKeon joined Vital Farms in 2016 as one of the first marketing leaders. In her more than five years with the company, she ha
AUSTIN, Texas, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Vital Farms (NASDAQ:VITL), a Certified B Corporation that offers a range of ethically produced pasture-raised foods nationwide, today announced the appointment of Stephanie Coon as Senior Vice President of Strategy. In this newly created role, Stephanie will oversee strategic planning, including identifying and executing long-term growth initiatives that progress Vital Farms' aspiration to build the most trusted food brand. Stephanie will report to President and CEO Russell Diez-Canseco as a member of the Vital Farms Senior Leadership Team. Stephanie brings over 15 years of experience in management consulting and strategy leadership roles
AUSTIN, Texas, April 26, 2021 (GLOBE NEWSWIRE) -- Vital Farms (NASDAQ:VITL), a Certified B Corporation that offers a range of ethically produced pasture-raised foods nationwide, today announced the appointment of Joanne Bal as General Counsel, Corporate Secretary and Head of Environmental, Social and Governance (ESG), effective April 26, 2021. In this newly created role, Bal will be responsible for legal strategy and compliance, as well as leading Vital Farms' ESG initiatives, which includes designing, implementing, and reporting on the company's ESG mission. As Corporate Secretary, Bal will support Vital Farms' board of directors in developing and maintaining best practices in governance
AUSTIN, Texas, March 16, 2021 (GLOBE NEWSWIRE) -- Vital Farms (Nasdaq: VITL) a Certified B Corporation that offers a range of ethically produced pasture-raised foods nationwide, today announced that Matt Siler has been appointed Vice President of Investor Relations, effective March 8, 2021. Siler is a finance executive with over 20 years of experience in investing and equity research spanning a range of global and emerging high-growth brands across the consumer sector. In his role leading the investor relations function, Siler will oversee the Company’s communications with the financial community, including institutional investors and sell-side analysts. “We are pleased to welcome Matt, w
AUSTIN, Texas, Jan. 05, 2021 (GLOBE NEWSWIRE) -- Vital Farms (Nasdaq: VITL), a Certified B Corporation that offers a range of ethically produced pasture-raised foods nationwide, today announced the appointment of Kofi Amoo-Gottfried to its board of directors effective January 4, 2021. Amoo-Gottfried was appointed to the class of directors that will stand for election at the 2021 Annual Meeting of Stockholders. Amoo-Gottfried is an accomplished marketing executive with nearly 20 years of experience building and driving growth for global consumer brands across the consumer packaged goods, technology, and retail industries. He currently serves as Vice President of Marketing at DoorDash, the
Third Quarter Net Revenue of $145.0 million, up 31.3% versus Prior Year PeriodRaises Fiscal Year 2024 Guidance and Reiterates Long-term GuidanceOn Track to Reach $1 Billion Net Revenue Target in 2027 AUSTIN, Texas, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Vital Farms (NASDAQ:VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, today reported financial results for its third quarter ended September 29, 2024. Financial highlights for the third quarter ended September 29, 2024, compared to the third quarter ended September 24, 2023, include: Net Revenue increased 31.3% to $145.0 million, compared to $110.4 millionGross Margin expanded 368 basis points to 36.
AUSTIN, Texas, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Vital Farms (NASDAQ:VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, will report financial results for the third quarter ended September 29, 2024, on Thursday, November 7, 2024, before market open. Vital Farms will host a conference call and webcast at 8:30 a.m. ET on the same day to discuss the results. To participate on the call and receive dial in information, please register here: Vital Farms Q3 2024 Conference Call The live conference call webcast can also be accessed on the Vital Farms Investor Relations website at https://investors.vitalfarms.com under "Events" on November 7, 2024. Thi
Second Quarter Net Revenue of $147.4 million, up 38.5% versus Prior Year PeriodRaises Fiscal Year 2024 Outlook and Reiterates Long-term GuidancePlans for New State-of-the-Art Egg Washing and Packing Facility in Seymour, Indiana to Drive Growth AUSTIN, Texas, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Vital Farms (NASDAQ:VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, today reported financial results for its second quarter ended June 30, 2024. Financial highlights for the second quarter ended June 30, 2024, compared to the second quarter ended June 25, 2023, include: Net Revenue increased 38.5% to $147.4 million, compared to $106.4 millionGross Margin
AUSTIN, Texas, July 25, 2024 (GLOBE NEWSWIRE) -- Vital Farms (NASDAQ:VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, will report financial results for the second quarter ended June 30, 2024, on Thursday, August 8, 2024, before market open. Vital Farms will host a conference call and webcast at 8:30 a.m. ET on the same day to discuss the results. To participate on the live call, listeners in North America may dial +1-800-715-9871 and international listeners may dial +1-646-307-1463 with the Conference ID: 8674985. Alternatively, participants may access the live webcast on the Vital Farms Investor Relations website at https://investors.vitalfarm
Record First Quarter Net Revenue of $147.9 million, up 24.1% versus Prior Year PeriodRaises Fiscal Year 2024 OutlookAnnounces Plans for New State-of-the-Art Egg Washing and Packing Facility AUSTIN, Texas, May 09, 2024 (GLOBE NEWSWIRE) -- Vital Farms (NASDAQ:VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, today reported financial results for its first quarter ended March 31, 2024. Financial highlights for the first quarter ended March 31, 2024, compared to the first quarter ended March 26, 2023, include: Net Revenue increased 24.1% to a record $147.9 million, compared to $119.2 millionGross Margin expanded 400 basis points to 39.8%, compared t
AUSTIN, Texas, April 25, 2024 (GLOBE NEWSWIRE) -- Vital Farms (NASDAQ:VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, will report financial results for the first quarter ended March 31, 2024, on Thursday, May 9, 2024, before market open. Vital Farms will host a conference call and webcast at 8:30 a.m. ET on the same day to discuss the results. To participate on the call and receive dial in information, please register here: Vital Farms Q1 2024 Conference Call The live conference call webcast can also be accessed on the Vital Farms Investor Relations website at https://investors.vitalfarms.com under "Events" on May 9, 2024. This webcast will al
Record Fourth Quarter Net Revenue of $135.8 million, up 23.4% versus Prior Year PeriodProvides Fiscal Year 2024 Outlook AUSTIN, Texas, March 07, 2024 (GLOBE NEWSWIRE) -- Vital Farms (NASDAQ:VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, today reported financial results for its fourth quarter (14 weeks) and fiscal year (53 weeks) ended December 31, 2023. Financial highlights for the fourth quarter ended December 31, 2023 (14 weeks) compared to the fourth quarter ended December 25, 2022 (13 weeks): Net Revenue increased 23.4% to $135.8 million, compared to $110.1 million. Excluding the extra week in the fourth quarter, Net Revenue increased 15
AUSTIN, Texas, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Vital Farms (NASDAQ:VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, will report financial results for the fourth quarter and fiscal year ended December 31, 2023, on Thursday, March 7, 2024, before market open. Vital Farms will host a conference call and webcast at 8:30 a.m. ET on the same day to discuss the results. To participate on the call and receive dial in information, please register here: Vital Farms Q4 2023 Conference Call The live conference call webcast can also be accessed on the Vital Farms Investor Relations website at https://investors.vitalfarms.com under "Events" on March 7, 202
Third Quarter Net Revenue $110.4 million, up 20.0% versus Prior Year PeriodRaises 2023 Adjusted EBITDA Forecast AUSTIN, Texas, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Vital Farms (NASDAQ:VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, today reported financial results for its third quarter ended September 24, 2023. Financial highlights for the third quarter include: Third Quarter 2023 Net Revenue increase of 20.0% to $110.4 millionThird Quarter 2023 Net Income of $4.5 millionThird Quarter 2023 Adjusted EBITDA of $9.3 million1 "The Vital Farms brand continues to gain new consumers, and our company produced another quarter of strong results, includin
AUSTIN, Texas, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Vital Farms (NASDAQ:VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, will report financial results for the third quarter ended September 24, 2023, on Thursday, November 2, 2023, before market open. Vital Farms will host a conference call and webcast at 8:30 a.m. ET on the same day to discuss the results. To participate on the call and receive dial in information, please register here: Vital Farms Q3 2023 Conference Call The live conference call webcast can also be accessed on the Vital Farms Investor Relations website at https://investors.vitalfarms.com under "Events" on November 2, 2023. This we
TD Cowen upgraded Vital Farms from Hold to Buy and set a new price target of $44.00
Stifel downgraded Vital Farms from Buy to Hold and set a new price target of $40.00 from $30.00 previously
William Blair initiated coverage of Vital Farms with a rating of Outperform
DA Davidson initiated coverage of Vital Farms with a rating of Buy and set a new price target of $21.00
TD Cowen initiated coverage of Vital Farms with a rating of Market Perform and set a new price target of $13.00
Stifel resumed coverage of Vital Farms with a rating of Buy and set a new price target of $18.00
Needham initiated coverage of Vital Farms with a rating of Hold
Lake Street initiated coverage of Vital Farms with a rating of Buy and set a new price target of $22.00
UBS initiated coverage of Vital Farms with a rating of Buy and set a new price target of $16.00
Morgan Stanley upgraded Vital Farms from Equal-Weight to Overweight and set a new price target of $12.00
In the preceding three months, 5 analysts have released ratings for Vital Farms (NASDAQ:VITL), presenting a wide array of perspectives from bullish to bearish. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 0 3 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 2 0 2 0 0 Analysts have recently evaluated Vital Farms and provided 12-month price targets. The average target is $38.8, accompanied by a high estimate of $45.00 and a low estimate of $30.00. This upward trend is apparent,
Stifel analyst Matthew Smith maintains Vital Farms (NASDAQ:VITL) with a Hold and raises the price target from $40 to $42.
As of June 6, 2024, four stocks in the consumer staples sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro. Here's the latest list of major overbought players in this sector. Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC) On May 9, Natural Grocers posted an i
As of May 21, 2024, five stocks in the consumer staples sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro. Here's the latest list of major overbought players in this sector. Costco Wholesale Corporation (NASDAQ:COST) On May 8, Costco Wholesale reported April sal
DA Davidson analyst Brian Holland maintains Vital Farms (NASDAQ:VITL) with a Buy and raises the price target from $28 to $45.
TD Cowen analyst Robert Moskow maintains Vital Farms (NASDAQ:VITL) with a Hold and raises the price target from $19 to $37.
Stifel analyst Matthew Smith downgrades Vital Farms (NASDAQ:VITL) from Buy to Hold and raises the price target from $30 to $40.
Shares of Duolingo, Inc. (NASDAQ:DUOL) fell sharply during Thursday's session after the company reported first quarter financial results. Duolingo reported quarterly earnings of 57 cents per share which beat the analyst consensus estimate of 27 cents by 111.11%. Quarterly sales came in at $167.6 million which beat the analyst consensus estimate of $165.677 million and is a 44.91% increase from the same period last year, according to data from Benzinga Pro. Duolingo sees second-quarter revenues of between $175 million and $177.5 million, versus the $176.9 million estimate and full-year 2024 revenues of between $726.5 million and $735.5 million, versus the $728.23 million estimate. Du
U.S. stocks were mixed, with the Dow Jones gaining around 100 points on Thursday. Shares of Spectrum Brands Holdings, Inc. (NYSE:SPB) rose sharply during Thursday's session following upbeat earnings. Spectrum Brands posted adjusted earnings of $1.62 per share, beating expectations of 62 cents per share. The company's quarterly sales came in at $718.50 million versus estimates of $707.52 million, according to data from Benzinga Pro. Spectrum Brands shares surged 12.4% to $95.00 on Thursday. Here are some other big stocks recording gains in today's session. Sezzle Inc. (NASDAQ:SEZL) shares climbed 69.9% to $75.99 after the company reported a year-over-year increase in first-qu