Papa Murphy’s Holdings, Inc. (NASDAQ:FRSH) – Research analysts at Jefferies Group issued their Q1 2018 earnings per share (EPS) estimates for shares of Papa Murphy’s Holdings in a research report issued to clients and investors on Wednesday. Jefferies Group analyst A. Barish anticipates that the company will post earnings per share of $0.09 for the quarter. Jefferies Group has a “Hold” rating and a $4.50 price target on the stock. Jefferies Group also issued estimates for Papa Murphy’s Holdings’ Q4 2018 earnings at $0.06 EPS.
Papa Murphy’s Holdings (NASDAQ:FRSH) last posted its earnings results on Wednesday, November 8th. The company reported $0.07 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.03 by $0.04. The company had revenue of $26.80 million for the quarter, compared to analysts’ expectations of $25.03 million. Papa Murphy’s Holdings had a negative return on equity of 8.39% and a negative net margin of 6.97%. Papa Murphy’s Holdings’s quarterly revenue was down 6.0% on a year-over-year basis. During the same period last year, the firm earned ($0.03) earnings per share.
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Separately, Zacks Investment Research lowered shares of Papa Murphy’s Holdings from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 1st.
Shares of Papa Murphy’s Holdings (NASDAQ FRSH) opened at $5.90 on Monday. The company has a quick ratio of 0.28, a current ratio of 0.31 and a debt-to-equity ratio of 1.04. The stock has a market capitalization of $96.70, a PE ratio of 20.36, a P/E/G ratio of 1.75 and a beta of 0.03. Papa Murphy’s Holdings has a 12 month low of $3.50 and a 12 month high of $6.80.
A number of hedge funds have recently made changes to their positions in the business. B. Riley Financial Inc. bought a new position in Papa Murphy’s Holdings in the 2nd quarter worth about $437,000. Renaissance Technologies LLC bought a new position in Papa Murphy’s Holdings in the 1st quarter worth about $421,000. FMR LLC bought a new position in Papa Murphy’s Holdings in the 2nd quarter worth about $361,000. KCG Holdings Inc. bought a new position in Papa Murphy’s Holdings in the 1st quarter worth about $357,000. Finally, Verity Asset Management Inc. bought a new position in Papa Murphy’s Holdings in the 2nd quarter worth about $100,000. Institutional investors and hedge funds own 32.52% of the company’s stock.
In related news, Director L David Mounts bought 23,879 shares of the business’s stock in a transaction on Monday, August 21st. The stock was acquired at an average price of $4.49 per share, with a total value of $107,216.71. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Weldon W. Spangler acquired 9,000 shares of the business’s stock in a transaction dated Wednesday, August 16th. The shares were acquired at an average cost of $4.51 per share, with a total value of $40,590.00. Following the transaction, the insider now owns 30,000 shares in the company, valued at $135,300. The disclosure for this purchase can be found here. Insiders have purchased 65,659 shares of company stock valued at $302,201 in the last three months. 3.10% of the stock is owned by insiders.
About Papa Murphy’s Holdings
Papa Murphy’s Holdings, Inc is a holding company. The Company, together with its subsidiaries, is a franchisor and operator of the Take ‘N’ Bake pizza chain in the United States. The Company franchises the right to operate Take ‘N’ Bake pizza franchises and operates Take ‘N’ Bake pizza stores owned by the Company.
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