Brokerages Anticipate Papa Murphy’s Holdings, Inc. (FRSH) to Announce $0.02 Earnings Per Share

Brokerages forecast that Papa Murphy’s Holdings, Inc. (NASDAQ:FRSH) will announce $0.02 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for Papa Murphy’s’ earnings, with estimates ranging from $0.00 to $0.04. Papa Murphy’s reported earnings of $0.05 per share in the same quarter last year, which suggests a negative year over year growth rate of 60%. The firm is scheduled to announce its next earnings report on Wednesday, May 9th.

On average, analysts expect that Papa Murphy’s will report full year earnings of $0.25 per share for the current financial year, with EPS estimates ranging from $0.21 to $0.30. For the next year, analysts expect that the business will report earnings of $0.45 per share, with EPS estimates ranging from $0.37 to $0.52. Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that that provide coverage for Papa Murphy’s.

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Papa Murphy’s (NASDAQ:FRSH) last announced its quarterly earnings results on Wednesday, March 14th. The company reported $0.25 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.11 by $0.14. The business had revenue of $30.74 million for the quarter, compared to analyst estimates of $30.35 million. Papa Murphy’s had a positive return on equity of 7.96% and a negative net margin of 0.01%.

Separately, Zacks Investment Research raised Papa Murphy’s from a “hold” rating to a “buy” rating and set a $5.75 price target on the stock in a research note on Friday, February 16th.

Shares of Papa Murphy’s (FRSH) opened at $5.46 on Monday. 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 $92.66, a price-to-earnings ratio of -546.00, a P/E/G ratio of 2.77 and a beta of 0.14. Papa Murphy’s has a one year low of $3.50 and a one year high of $6.80.

In related news, major shareholder Mfp Partners Lp purchased 155,753 shares of the firm’s stock in a transaction that occurred on Monday, March 19th. The shares were acquired at an average price of $5.48 per share, with a total value of $853,526.44. The purchase was disclosed in a legal filing with the SEC, which is available through this link. In the last ninety days, insiders purchased 292,891 shares of company stock worth $1,573,307. 3.10% of the stock is owned by insiders.

A number of institutional investors have recently bought and sold shares of FRSH. Dimensional Fund Advisors LP boosted its stake in Papa Murphy’s by 4.0% in the second quarter. Dimensional Fund Advisors LP now owns 48,466 shares of the company’s stock worth $212,000 after purchasing an additional 1,863 shares in the last quarter. Signia Capital Management LLC boosted its stake in Papa Murphy’s by 2.9% in the third quarter. Signia Capital Management LLC now owns 546,739 shares of the company’s stock worth $3,253,000 after purchasing an additional 15,343 shares in the last quarter. Spark Investment Management LLC acquired a new position in Papa Murphy’s in the fourth quarter worth $100,000. Two Sigma Investments LP acquired a new position in Papa Murphy’s in the fourth quarter worth $248,000. Finally, Fondren Management LP acquired a new position in Papa Murphy’s in the fourth quarter worth $834,000. 30.44% 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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