News coverage about Papa Murphy’s Holdings (NASDAQ:FRSH) has trended somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Papa Murphy’s Holdings earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned headlines about the company an impact score of 46.0147121932961 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the news headlines that may have effected Accern Sentiment’s rankings:
- Papa Murphy’s Holdings, Inc. (NASDAQ:FRSH) Experiences Lighter … – First News 24 (firstnewspaper24.com)
- Papa Murphy’s Holdings, Inc. (FRSH) Given Average Recommendation of “Hold” by Brokerages (americanbankingnews.com)
- Papa Murphy’s Announces Return of Fan-Favorite Jack-O-Lantern Pizza for Bewitching Halloween Fun (broadwayworld.com)
- Papa Murphy’s Announces Return of Fan-Favorite Jack-O-Lantern … – GlobeNewswire (press release) (globenewswire.com)
- Papa Murphy’s Announces Return of Fan-Favorite Jack-O-Lantern Pizza for Bewitching Halloween Fun (finance.yahoo.com)
A number of equities research analysts have issued reports on the company. Jefferies Group LLC restated a “hold” rating and set a $5.00 price target on shares of Papa Murphy’s Holdings in a research note on Thursday, July 27th. Zacks Investment Research downgraded Papa Murphy’s Holdings from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 1st. Six research analysts have rated the stock with a hold rating, The company currently has a consensus rating of “Hold” and a consensus price target of $4.75.
Shares of Papa Murphy’s Holdings (FRSH) traded down 3.55% on Friday, hitting $5.70. The company had a trading volume of 40,225 shares. The stock’s 50-day moving average is $5.63 and its 200 day moving average is $4.92. Papa Murphy’s Holdings has a 52 week low of $3.50 and a 52 week high of $6.80. The company’s market capitalization is $96.70 million.
Papa Murphy’s Holdings (NASDAQ:FRSH) last posted its earnings results on Wednesday, August 9th. The company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.04 by $0.03. The firm had revenue of $29.10 million for the quarter, compared to analyst estimates of $30.89 million. Papa Murphy’s Holdings had a positive return on equity of 3.16% and a negative net margin of 8.43%. Papa Murphy’s Holdings’s revenue for the quarter was down 2.6% compared to the same quarter last year. During the same period last year, the company earned $0.06 earnings per share. Equities analysts expect that Papa Murphy’s Holdings will post $0.31 EPS for the current year.
In other Papa Murphy’s Holdings news, CEO Jean Birch acquired 10,000 shares of the company’s stock in a transaction on Monday, August 14th. The shares were bought at an average cost of $4.27 per share, with a total value of $42,700.00. Following the completion of the acquisition, the chief executive officer now owns 33,095 shares in the company, valued at $141,315.65. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Mfp Partners Lp acquired 32,780 shares of the company’s stock in a transaction on Tuesday, August 22nd. The stock was acquired at an average cost of $4.71 per share, for a total transaction of $154,393.80. The disclosure for this purchase can be found here. Over the last ninety days, insiders have purchased 354,438 shares of company stock worth $1,495,829. 3.10% of the stock is owned by corporate insiders.
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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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