Papa Murphy’s (NASDAQ:FRSH) posted its quarterly earnings data on Thursday. The company reported $0.14 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.14, Morningstar.com reports. Papa Murphy’s had a return on equity of 9.39% and a net margin of 12.62%. The firm had revenue of $32.03 million during the quarter, compared to the consensus estimate of $32.00 million.
FRSH traded down $0.25 during trading on Friday, reaching $5.95. 14,208 shares of the stock were exchanged, compared to its average volume of 28,468. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.43 and a current ratio of 0.46. The company has a market cap of $105.57 million, a price-to-earnings ratio of 39.67 and a beta of 0.43. Papa Murphy’s has a 1 year low of $4.28 and a 1 year high of $6.20.
A number of institutional investors and hedge funds have recently bought and sold shares of FRSH. Bailard Inc. acquired a new stake in Papa Murphy’s in the 3rd quarter valued at approximately $233,000. Vanguard Group Inc increased its stake in shares of Papa Murphy’s by 0.8% in the third quarter. Vanguard Group Inc now owns 317,064 shares of the company’s stock worth $1,645,000 after purchasing an additional 2,569 shares during the period. Acadian Asset Management LLC increased its stake in shares of Papa Murphy’s by 22.0% in the fourth quarter. Acadian Asset Management LLC now owns 26,931 shares of the company’s stock worth $128,000 after purchasing an additional 4,861 shares during the period. Signia Capital Management LLC increased its stake in shares of Papa Murphy’s by 13.0% in the fourth quarter. Signia Capital Management LLC now owns 1,174,503 shares of the company’s stock worth $5,579,000 after purchasing an additional 135,175 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Papa Murphy’s in the fourth quarter worth about $104,000. Institutional investors own 57.30% of the company’s stock.
FRSH has been the subject of several recent research reports. Zacks Investment Research downgraded Papa Murphy’s from a “buy” rating to a “hold” rating in a research note on Friday, March 1st. ValuEngine raised Papa Murphy’s from a “sell” rating to a “hold” rating in a research note on Monday, February 4th.
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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. 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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