Papa Murphy’s (FRSH) Cut to “Strong Sell” at ValuEngine

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Papa Murphy’s (NASDAQ:FRSH) was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating in a research note issued to investors on Thursday.

A number of other analysts have also issued reports on FRSH. TheStreet raised Papa Murphy’s from a “d+” rating to a “c” rating in a research report on Thursday, July 5th. Zacks Investment Research raised Papa Murphy’s from a “sell” rating to a “hold” rating in a research report on Friday, August 10th.

Shares of NASDAQ FRSH opened at $5.30 on Thursday. Papa Murphy’s has a 1 year low of $4.40 and a 1 year high of $6.50. The stock has a market cap of $94.53 million, a PE ratio of 35.33, a price-to-earnings-growth ratio of 1.36 and a beta of 0.14. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.31 and a current ratio of 0.34.

Papa Murphy’s (NASDAQ:FRSH) last announced its earnings results on Wednesday, August 1st. The company reported $0.06 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.04 by $0.02. Papa Murphy’s had a return on equity of 9.61% and a net margin of 11.82%. The business had revenue of $30.79 million for the quarter, compared to analyst estimates of $31.84 million. equities research analysts anticipate that Papa Murphy’s will post 0.37 earnings per share for the current year.

An institutional investor recently raised its position in Papa Murphy’s stock. Signia Capital Management LLC boosted its position in Papa Murphy’s Holdings Inc (NASDAQ:FRSH) by 66.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,044,915 shares of the company’s stock after buying an additional 415,442 shares during the quarter. Papa Murphy’s makes up about 5.1% of Signia Capital Management LLC’s investment portfolio, making the stock its 6th biggest holding. Signia Capital Management LLC owned approximately 6.14% of Papa Murphy’s worth $5,799,000 at the end of the most recent reporting period. Institutional investors own 31.76% of the company’s stock.

Papa Murphy’s Company Profile

Papa Murphy's Holdings, Inc, together with its subsidiaries, owns, operates, and franchises Take ?N' Bake pizza stores. The company operates in three segments: Domestic Company Stores, Domestic Franchise, and International. As of January 1, 2018, it operated approximately 1,523 stores, including 1,338 franchised and 145 company-owned stores in 39 states, as well as 14 stores in Canada and 26 stores in the Middle East.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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