Papa Murphy's Holdings Inc (NASDAQ:FRSH) has earned a consensus rating of “Hold” from the six analysts that are covering the company. Five research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $4.75.
FRSH has been the topic of a number of analyst reports. Zacks Investment Research upgraded Papa Murphy's Holdings from a “sell” rating to a “buy” rating and set a $4.75 price objective on the stock in a research report on Monday, February 20th. Jefferies Group LLC reiterated a “hold” rating on shares of Papa Murphy's Holdings in a research report on Thursday, May 11th.
Large investors have recently bought and sold shares of the company. Citadel Advisors LLC acquired a new stake in Papa Murphy's Holdings during the first quarter valued at about $107,000. Clearline Capital LP acquired a new stake in Papa Murphy's Holdings during the third quarter valued at about $475,000. Geode Capital Management LLC boosted its stake in Papa Murphy's Holdings by 0.4% in the first quarter. Geode Capital Management LLC now owns 73,738 shares of the company’s stock valued at $351,000 after buying an additional 330 shares during the period. KCG Holdings Inc. acquired a new stake in Papa Murphy's Holdings during the first quarter valued at about $357,000. Finally, Morgan Stanley boosted its stake in Papa Murphy's Holdings by 123.6% in the first quarter. Morgan Stanley now owns 78,002 shares of the company’s stock valued at $372,000 after buying an additional 43,113 shares during the period. 70.99% of the stock is owned by institutional investors.
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Shares of Papa Murphy's Holdings (NASDAQ:FRSH) opened at 5.01 on Monday. The company’s market cap is $84.99 million. Papa Murphy's Holdings has a 1-year low of $3.56 and a 1-year high of $8.33. The stock has a 50 day moving average of $5.23 and a 200 day moving average of $4.62.
Papa Murphy's Holdings (NASDAQ:FRSH) last announced its quarterly earnings data on Wednesday, May 10th. The company reported $0.05 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.06) by $0.11. Papa Murphy's Holdings had a return on equity of 3.13% and a net margin of 3.04%. The firm had revenue of $31.99 million for the quarter, compared to the consensus estimate of $35.59 million. During the same quarter last year, the business posted $0.04 earnings per share. The firm’s revenue was down 3.0% compared to the same quarter last year. On average, equities analysts forecast that Papa Murphy's Holdings will post $0.21 EPS for the current year.
Papa Murphy's Holdings Company Profile
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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