| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | 2 | — | 11 | — | — | — | — |
| Sell | 1 | 1 | 3 | 1 | 1 | 2 | — | — | — | — | — | — |
| total | individual payouts | |
|---|---|---|
| 2025 | ‡‡‡ |
|
| 2024 | ‡‡‡ |
|
| 2023 | ‡‡‡ |
|
| 2022 | ‡‡‡ |
|
| 2021 | ‡‡‡ |
|
| 2020 | ‡‡‡ |
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 116.82 | 160.29 | 113.35 | 21.24 |
| Receivables | 39.70 | 54.34 | 69.26 | 52.14 |
| Inventory | 32.90 | 23.67 | 66.50 | 73.89 |
| Other | — | — | 2.14 | 2.14 |
| 195.52 | 246.04 | 262.55 | 162.89 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 33.49 | 38.58 | 55.14 | 56.21 |
| ST’ Debt | — | — | — | — |
| Other | — | — | — | — |
| 65.22 | 78.53 | 121.58 | 147.58 |
| 10y | 5y | 3y | |
| Sales | — | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | — | ‡‡‡‡‡ | ‡‡‡ |
| Earnings | — | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Book Value | — | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 187.16 | 166.03 | — | — |
—
|
| ’25 | 162.19 | 184.77 | 198.94 | 213.55 |
759.44
|
| ’24 | 147.93 | 147.39 | 145.00 | 165.99 |
606.31
|
| ’23 | 119.17 | 106.45 | 110.43 | 135.81 |
471.86
|
| ’22 | 77.06 | 82.87 | 92.04 | 110.08 |
362.05
|
| ’21 | 58.55 | 60.32 | 64.63 | 77.41 |
260.90
|
| ’20 | 47.58 | 59.34 | 53.37 | 53.99 |
214.28
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (18.55) | (27.36) | — | — |
—
|
| ’25 | 5.27 | (0.76) | 23.42 | 5.78 |
33.72
|
| ’24 | 23.95 | 16.13 | 9.96 | 14.78 |
64.82
|
| ’23 | 5.40 | 13.51 | 8.27 | 23.73 |
50.91
|
| ’22 | (4.94) | 1.93 | (0.36) | (4.73) |
(8.10)
|
| ’21 | 8.04 | 7.63 | (2.36) | 4.38 |
17.68
|
| ’20 | 0.85 | 16.88 | (2.68) | (3.53) |
11.51
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (39.31) | (43.94) | — | — |
—
|
| ’25 | 2.20 | (7.07) | (10.19) | (31.43) |
(46.49)
|
| ’24 | 22.63 | 10.54 | 6.39 | (3.38) |
36.18
|
| ’23 | 4.66 | 11.02 | 3.42 | 21.33 |
40.42
|
| ’22 | (6.57) | (0.80) | (2.80) | (8.29) |
(18.47)
|
| ’21 | 4.59 | 3.27 | (8.74) | 1.86 |
0.97
|
| ’20 | (3.42) | 15.76 | (4.02) | (7.10) |
1.21
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (0.03) | (0.72) | — | — |
—
|
| ’25 | 0.37 | 0.36 | 0.36 | 0.35 |
1.44
|
| ’24 | 0.43 | 0.36 | 0.16 | 0.23 |
1.18
|
| ’23 | 0.16 | 0.15 | 0.10 | 0.17 |
0.59
|
| ’22 | (0.04) | 0.00 | 0.02 | 0.04 |
0.03
|
| ’21 | 0.08 | 0.09 | (0.03) | (0.09) |
0.06
|
| ’20 | 0.05 | 0.16 | 0.04 | (0.02) |
0.27
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 7.89 | 10.23 | 14.16 | 28.87 | — | — | — |
Low Price
|
| — | — | — | — | ‡‡‡‡ | ‡‡‡‡‡ | 19.38 | 18.18 | 48.41 | 53.13 | — | — | — |
High Price
|
| — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 368 | 447 | 598 | 739 | — | — | — |
Employees
|
| — | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.98 | 1.06 | 1.01 | 1.03 | — | — | — |
Revenue/Emp
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 362.05 | 471.86 | 606.31 | 759.44 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 30.23% | 34.40% | 37.92% | 37.62% | — | — | — |
Gross Margin
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.83 | 32.20 | 67.54 | 91.26 | ‡‡‡‡‡ | — | — |
EBT
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.78% | 6.82% | 11.14% | 12.02% | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| — | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.23 | 25.57 | 53.39 | 66.28 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7.99 | 8.27 | 13.26 | 13.33 | — | — | — |
Depreciation
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 8.91 | 11.45 | 14.15 | 17.03 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| — | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | 0.03 | 0.62 | 1.25 | 1.49 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡ |
Earnings/Sh
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.20) | 1.24 | 1.51 | 0.76 | — | — | — |
Cash Flow/Sh
|
| — | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.26) | (0.25) | (0.67) | (1.80) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.45) | 0.98 | 0.84 | (1.04) | — | — | — |
Free CF/Sh
|
| — | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3.90 | 4.68 | 6.28 | 7.88 | ‡‡‡‡ | — | — |
Book Value/Sh
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 40.65 | 41.19 | 42.85 | 44.59 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 504.67 | 24.89 | 30.15 | 21.58 | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
PE Ratio
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.70 | 1.35 | 2.66 | 1.88 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3.89 | 3.30 | 6.00 | 4.05 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.51 | 1.13 | 2.42 | 1.74 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
EV/Sales
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (29.59) | 13.19 | 40.54 | (28.39) | — | — | — |
EV/FCF
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (8.10) | 50.91 | 64.82 | 33.72 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (10.37) | (10.48) | (28.64) | (80.21) | ‡‡‡‡‡ | — | — |
Capex
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (18.47) | 40.42 | 36.18 | (46.49) | ‡‡‡‡‡ | — | — |
FCF
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 101.96 | 130.30 | 167.51 | 140.97 | — | — | — |
Working Cap'
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 9.80 | 10.48 | 8.01 | 5.10 | — | — | — |
Total Debt
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (68.93) | (106.33) | (152.28) | (108.25) | — | — | — |
Net Debt
|
| — | — | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 158.33 | 192.68 | 269.30 | 351.26 | — | — | — |
Sh' Equity
|
| — | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.62% | 10.44% | 16.83% | 15.10% | ‡‡‡‡‡ | — | — |
ROA
|
| — | — | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.47% | 24.07% | 33.94% | 22.73% | — | — | — |
ROIC
|
| — | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.81% | 14.57% | 23.11% | 21.36% | ‡‡‡‡‡ | — | — |
ROE
|
Vital Farms (VITL) has evolved from a niche Texas egg producer into a national powerhouse of premium, pasture-raised products, capitalizing on consumer demand for ethical farming with revenue surging 183% from $214 million in 2020 to $606 million in 2024 (32% CAGR). Gross margins expanded to 37.9%, profitability flipped to robust levels with EBT at $67.5 million (11.1% margin), EPS doubling to $1.25, and FCF per share hitting $0.84 amid efficient capex scaling. Analysts forecast continued momentum: $1.14 billion revenue by 2027 (21% YoY growth) and EPS over $2, backed by vertical integration, butter category gains, and a cash-rich balance sheet with elite 33.9% ROIC.
Despite this fundamental rocket ship, the stock has whipsawed, retreating 40-50% from 2024 highs to trade at compelling valuations—forward PE of 13-19x, EV/Sales projected to 0.96x by 2027—suggesting a disconnect ripe for rerating. Wall Street agrees, with targets implying 55-110% upside, fueled by structural demand in the $12 billion egg market where premiums command 2-3x pricing power.
Insider selling ($41 million over the past year, no buys) raises eyebrows amid heavy capex, potentially signaling profit-taking post-run-up rather than distress, while risks like avian flu and competition loom. Yet, with cultural tailwinds and execution, Vital Farms could revisit highs and beyond—read the full analysis for the data-backed case on this undervalued growth gem.
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