Wall Street brokerages predict that Papa Murphy’s Holdings, Inc. (NASDAQ:FRSH) will post sales of $30.35 million for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for Papa Murphy’s’ earnings, with the highest sales estimate coming in at $30.62 million and the lowest estimate coming in at $30.07 million. Papa Murphy’s posted sales of $35.49 million during the same quarter last year, which would indicate a negative year over year growth rate of 14.5%. The business is scheduled to announce its next quarterly earnings report on Wednesday, March 21st.

According to Zacks, analysts expect that Papa Murphy’s will report full-year sales of $30.35 million for the current year, with estimates ranging from $117.99 million to $118.54 million. For the next year, analysts expect that the firm will report sales of $97.29 million per share, with estimates ranging from $92.06 million to $102.51 million. Zacks’ sales calculations are a mean average based on a survey of analysts that cover Papa Murphy’s.

Papa Murphy’s (NASDAQ:FRSH) last issued its earnings results on Wednesday, November 8th. The company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.04. Papa Murphy’s had a negative net margin of 9.72% and a positive return on equity of 5.05%. The firm had revenue of $26.80 million during the quarter, compared to the consensus estimate of $25.03 million. During the same quarter in the previous year, the firm posted ($0.03) earnings per share. The company’s revenue was down 6.0% compared to the same quarter last year.

Several equities analysts have issued reports on FRSH shares. Zacks Investment Research downgraded shares of Papa Murphy’s from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 1st. Jefferies Group LLC decreased their price objective on shares of Papa Murphy’s from $5.00 to $4.50 and set a “hold” rating for the company in a research note on Thursday, August 10th.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. B. Riley Financial Inc. acquired a new stake in shares of Papa Murphy’s during the second quarter worth about $437,000. Renaissance Technologies LLC acquired a new stake in shares of Papa Murphy’s during the first quarter worth about $421,000. FMR LLC acquired a new stake in shares of Papa Murphy’s during the second quarter worth about $361,000. Verity Asset Management Inc. acquired a new stake in shares of Papa Murphy’s during the second quarter worth about $100,000. Finally, Signia Capital Management LLC boosted its stake in shares of Papa Murphy’s by 2.9% during the third quarter. Signia Capital Management LLC now owns 546,739 shares of the company’s stock worth $3,253,000 after buying an additional 15,343 shares during the period. Institutional investors own 32.66% of the company’s stock.

Papa Murphy’s (NASDAQ:FRSH) opened at $6.30 on Tuesday. The company has a quick ratio of 0.28, a current ratio of 0.31 and a debt-to-equity ratio of 1.04. Papa Murphy’s has a 12 month low of $3.50 and a 12 month high of $6.80. The stock has a market cap of $106.71, a price-to-earnings ratio of 22.46, a price-to-earnings-growth ratio of 2.54 and a beta of 0.03.

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About Papa Murphy’s

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

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