Greenridge Global Has Negative View of BRFH FY2024 Earnings

Barfresh Food Group, Inc. (NASDAQ:BRFH) – Equities researchers at Greenridge Global reduced their FY2024 EPS estimates for shares of Barfresh Food Group in a research note issued on Tuesday, October 29th. Greenridge Global analyst W. Gregozeski now forecasts that the company will post earnings of ($0.13) per share for the year, down from their previous forecast of ($0.11). Greenridge Global has a “Buy” rating and a $4.50 price objective on the stock. The consensus estimate for Barfresh Food Group’s current full-year earnings is ($0.11) per share. Greenridge Global also issued estimates for Barfresh Food Group’s Q2 2025 earnings at ($0.05) EPS and FY2025 earnings at ($0.04) EPS.

Barfresh Food Group Trading Up 5.7 %

Shares of Barfresh Food Group stock opened at $2.60 on Friday. The company has a fifty day simple moving average of $2.90 and a 200-day simple moving average of $2.74. Barfresh Food Group has a 12-month low of $1.00 and a 12-month high of $4.61. The company has a current ratio of 1.39, a quick ratio of 1.05 and a debt-to-equity ratio of 0.11. The stock has a market cap of $38.35 million, a price-to-earnings ratio of -14.44 and a beta of 0.44.

Barfresh Food Group (NASDAQ:BRFH) last issued its earnings results on Thursday, October 24th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.02). Barfresh Food Group had a negative net margin of 27.14% and a negative return on equity of 131.76%. The company had revenue of $3.64 million during the quarter, compared to analyst estimates of $3.62 million. During the same quarter in the previous year, the company posted ($0.04) EPS.

Barfresh Food Group Company Profile

Barfresh Food Group, Inc, together with its subsidiaries, manufactures and distributes ready-to-drink and ready-to-blend frozen beverages in the United States. It offers smoothies, shakes and frappes in various formats comprising ready-to-drink smoothie, easy pour, juice concentrates, and single serve.