Infinhub's Top Hub Stocks List Adds Freshpet, Inc. with Impressive Financial Performance in Q3 2024

Infinhub, the leading stock evaluation platform, has recently added a new stock to its list of Top Hub Stocks - Freshpet, Inc. This specialty food and candy company has shown very positive financial performance in the quarter ending September 2024.

With a pre-tax profit of USD 11.95 million, Freshpet has seen a growth of 268.39%. Its net profit has also increased by 265.99% to USD 11.89 million. The company's operating cash flow is at its highest at USD 140.89 million, while its net sales have reached USD 253.37 million. Freshpet's interest coverage ratio is also at its peak at 1,077.56, and its operating profit stands at USD 31.5 million. The company has also shown impressive inventory turnover and debtors turnover ratios, at 8.87% and 15.54%, respectively. Additionally, Freshpet has managed to reduce its raw material cost by 24.32% year-on-year and has the highest depreciation at USD 18.82 million.

For a stock to be included in the Top Hub Stocks list, it has to go through a rigorous evaluation process and have strong long-term and near-term fundamentals, along with price momentum and reasonable valuations. Currently, there are 81 stocks in the Top Hub Stocks list, out of which 37 are large caps, 23 are mid caps, and 21 are small and mid caps.

Some of the top-performing stocks on the list include AppLovin Corp., which has seen a growth of 727.54% in just 14 months, Powell Industries, Inc. with a growth of 537.65% in 20 months, and Gladstone Capital Corp. with a growth of 198.1% in 14 months.

Investors looking for new stock suggestions can rely on Top Hub Stocks for the highest-rated stocks across the Infinhub platform. With its comprehensive evaluation process and focus on strong fundamentals, Top Hub Stocks is a reliable source for making informed investment decisions. And with the addition of Freshpet, Inc., investors can now consider adding this promising stock to their portfolio.