Papa Murphy’s Holdings, Inc. (NASDAQ:FRSH) – Analysts at Jefferies Group reduced their Q1 2018 earnings estimates for shares of Papa Murphy’s in a research report issued to clients and investors on Wednesday, March 14th, Zacks Investment Research reports. Jefferies Group analyst A. Barish now expects that the company will post earnings per share of $0.04 for the quarter, down from their prior estimate of $0.09. Jefferies Group also issued estimates for Papa Murphy’s’ Q2 2018 earnings at $0.03 EPS and FY2018 earnings at $0.30 EPS.
Other equities analysts also recently issued reports about the stock. ValuEngine downgraded shares of Papa Murphy’s from a “hold” rating to a “sell” rating in a research report on Wednesday. Zacks Investment Research downgraded shares of Papa Murphy’s from a “buy” rating to a “hold” rating in a research report on Monday, March 19th.
Papa Murphy’s stock traded up $0.03 during mid-day trading on Friday, hitting $5.01. 100,524 shares of the company’s stock were exchanged, compared to its average volume of 83,335. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.34 and a quick ratio of 0.31. The company has a market capitalization of $84.52, a price-to-earnings ratio of 33.40, a PEG ratio of 2.52 and a beta of 0.11. Papa Murphy’s has a 1-year low of $3.50 and a 1-year high of $6.80.
Papa Murphy’s (NASDAQ:FRSH) last posted its earnings results on Wednesday, March 14th. The company reported $0.25 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.11 by $0.14. The firm had revenue of $30.74 million for the quarter, compared to the consensus estimate of $30.35 million. Papa Murphy’s had a negative net margin of 0.01% and a positive return on equity of 7.96%.
In other Papa Murphy’s news, major shareholder Mfp Partners Lp purchased 155,753 shares of the stock in a transaction dated Monday, March 19th. The shares were bought at an average cost of $5.48 per share, with a total value of $853,526.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last ninety days, insiders bought 292,891 shares of company stock worth $1,573,307. 3.10% of the stock is currently owned by company insiders.
Large investors have recently modified their holdings of the company. Fondren Management LP acquired a new stake in shares of Papa Murphy’s in the fourth quarter valued at about $834,000. Signia Capital Management LLC grew its position in Papa Murphy’s by 2.9% during the third quarter. Signia Capital Management LLC now owns 546,739 shares of the company’s stock worth $3,253,000 after buying an additional 15,343 shares in the last quarter. Spark Investment Management LLC acquired a new stake in Papa Murphy’s during the fourth quarter worth about $100,000. Dimensional Fund Advisors LP grew its position in Papa Murphy’s by 4.0% during the second quarter. Dimensional Fund Advisors LP now owns 48,466 shares of the company’s stock worth $212,000 after buying an additional 1,863 shares in the last quarter. Finally, Millennium Management LLC grew its position in Papa Murphy’s by 106.8% during the fourth quarter. Millennium Management LLC now owns 60,240 shares of the company’s stock worth $324,000 after buying an additional 31,107 shares in the last quarter. 30.65% of the stock is currently owned by institutional investors.
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About Papa Murphy’s
Papa Murphy's Holdings, Inc, together with its subsidiaries, owns, operates, and franchises Take ?N' Bake pizza stores. As of May 10, 2017, it operated approximately 1,500 stores franchised and corporate-owned pizza stores in 39 states, Canada, and United Arab Emirates. The company was founded in 1981 and is headquartered in Vancouver, Washington.
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