Papa Murphy’s Holdings Inc (FRSH) Expected to Post Q4 2018 Earnings of $0.05 Per Share

Papa Murphy’s Holdings Inc (NASDAQ:FRSH) – Analysts at Jefferies Financial Group lowered their Q4 2018 earnings estimates for Papa Murphy’s in a research note issued on Wednesday, November 7th. Jefferies Financial Group analyst A. Barish now forecasts that the company will post earnings of $0.05 per share for the quarter, down from their previous forecast of $0.10. Jefferies Financial Group also issued estimates for Papa Murphy’s’ Q1 2019 earnings at $0.16 EPS, Q2 2019 earnings at $0.10 EPS, Q3 2019 earnings at $0.02 EPS, Q4 2019 earnings at $0.16 EPS and FY2020 earnings at $0.51 EPS.

Several other brokerages also recently commented on FRSH. ValuEngine upgraded Papa Murphy’s from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 30th. Zacks Investment Research downgraded Papa Murphy’s from a “buy” rating to a “hold” rating in a research note on Friday, August 3rd.

Shares of NASDAQ FRSH opened at $5.37 on Friday. Papa Murphy’s has a 52 week low of $4.28 and a 52 week high of $6.50. The company has a quick ratio of 0.31, a current ratio of 0.34 and a debt-to-equity ratio of 0.83. The stock has a market capitalization of $80.99 million, a price-to-earnings ratio of 35.80, a P/E/G ratio of 1.22 and a beta of 0.29.

Papa Murphy’s (NASDAQ:FRSH) last issued its earnings results on Wednesday, November 7th. The company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.01 by $0.06. Papa Murphy’s had a return on equity of 9.61% and a net margin of 11.82%. The business had revenue of $28.83 million during the quarter, compared to the consensus estimate of $26.84 million.

A hedge fund recently raised its stake in Papa Murphy’s stock. Signia Capital Management LLC grew its holdings in shares of Papa Murphy’s Holdings Inc (NASDAQ:FRSH) by 66.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,044,915 shares of the company’s stock after acquiring an additional 415,442 shares during the quarter. Papa Murphy’s comprises 5.1% of Signia Capital Management LLC’s investment portfolio, making the stock its 6th largest position. Signia Capital Management LLC owned about 6.14% of Papa Murphy’s worth $5,799,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 31.75% of the company’s stock.

About Papa Murphy’s

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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Earnings History and Estimates for Papa Murphy`s (NASDAQ:FRSH)

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