Barfresh Food Group (NASDAQ:BRFH) Lowered to Strong Sell Rating by Zacks Research

Zacks Research downgraded shares of Barfresh Food Group (NASDAQ:BRFH) from a hold rating to a strong sell rating in a report issued on Tuesday,Zacks.com reports.

Separately, Weiss Ratings lowered Barfresh Food Group from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, July 24th. One research analyst has rated the stock with a Buy rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $6.00.

Barfresh Food Group Trading Down 0.8%

NASDAQ BRFH opened at $1.29 on Tuesday. The company has a current ratio of 0.71, a quick ratio of 0.76 and a debt-to-equity ratio of 4.41. The stock has a market cap of $21.04 million, a PE ratio of -5.61 and a beta of 0.73. The company’s 50-day moving average price is $1.86 and its 200-day moving average price is $2.37. Barfresh Food Group has a 12 month low of $1.26 and a 12 month high of $6.08.

Barfresh Food Group (NASDAQ:BRFH) last released its quarterly earnings data on Friday, August 14th. The company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.07). Barfresh Food Group had a negative net margin of 17.88% and a negative return on equity of 295.15%. The firm had revenue of $4.71 million during the quarter, compared to the consensus estimate of $5.35 million. Equities research analysts forecast that Barfresh Food Group will post -0.15 earnings per share for the current year.

Institutional Trading of Barfresh Food Group

A hedge fund recently bought a new stake in Barfresh Food Group stock. Virtu Financial LLC acquired a new stake in Barfresh Food Group Inc. (NASDAQ:BRFH) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 18,255 shares of the company’s stock, valued at approximately $64,000. Virtu Financial LLC owned approximately 0.11% of Barfresh Food Group at the end of the most recent reporting period. 22.66% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Barfresh Food Group

Here are the key news stories impacting Barfresh Food Group this week:

• Positive Sentiment: Greenridge Global expects Barfresh to approach profitability in fiscal 2027, forecasting earnings of $0.09 per share. Its Q1 fiscal 2027 estimate is a relatively modest loss of $0.01 per share.
• Neutral Sentiment: Analyst forecasts remain widely divided. Greenridge Global projects positive fiscal 2027 earnings, while Maxim Group expects a $0.19-per-share loss, highlighting uncertainty around the company’s outlook.
• Negative Sentiment: Maxim Group cut its fiscal 2026 EPS forecast to a loss of $0.27 from a loss of $0.08 and lowered its fiscal 2027 forecast to a loss of $0.19 from prior expectations for $0.09 in earnings.
• Negative Sentiment: Maxim also reduced its Q3 fiscal 2026 estimate to a loss of $0.05 per share from a projected profit of $0.01, and expects additional quarterly losses through fiscal 2027, including losses of $0.05 in Q1, $0.06 in Q2 and $0.05 in Q4.
• Negative Sentiment: Recent operating results provide context for the cautious revisions: Barfresh previously reported a quarterly loss of $0.12 per share versus the $0.05 consensus estimate, while revenue of $4.71 million also missed expectations of $5.35 million.

Barfresh Food Group Company Profile

Barfresh Food Group, Inc develops, manufactures and distributes a line of fresh-frozen, portion-controlled beverage and breakfast products for the foodservice and retail channels. The company’s flagship offerings include smoothie base blends, pancake and waffle mixes, and related griddle products designed to deliver convenience, consistency and controlled portions. Barfresh products require only the addition of liquid and blending or mixing prior to service, catering to operators seeking quick-serve solutions without sacrificing quality.

Operating from a single, fully certified manufacturing facility in Miami, Florida, Barfresh adheres to strict quality and safety protocols throughout its production processes.