Stock Worth Mentioning: Could Papa Murphy’s Holdings Inc See a Reversal After This Very Strong Session?

Stock Worth Mentioning: Could Papa Murphy's Holdings Inc See a Reversal After This Very Strong Session?

The stock of Papa Murphy’s Holdings Inc (NASDAQ:FRSH) is a huge mover today! About 102,281 shares traded hands. Papa Murphy’s Holdings Inc (NASDAQ:FRSH) has declined 54.21% since March 29, 2016 and is downtrending. It has underperformed by 57.68% the S&P500.
The move comes after 9 months positive chart setup for the $92.14 million company. It was reported on Oct, 31 by Barchart.com. We have $9.78 PT which if reached, will make NASDAQ:FRSH worth $69.11M more.

Analysts await Papa Murphy’s Holdings Inc (NASDAQ:FRSH) to report earnings on November, 2. They expect $0.04 EPS, down 42.86% or $0.03 from last year’s $0.07 per share. FRSH’s profit will be $659,320 for 34.94 P/E if the $0.04 EPS becomes a reality. After $0.06 actual EPS reported by Papa Murphy’s Holdings Inc for the previous quarter, Wall Street now forecasts -33.33% negative EPS growth.

Papa Murphy’s Holdings Inc (NASDAQ:FRSH) Ratings Coverage

Out of 4 analysts covering Papa Murphy’s Holdings (NASDAQ:FRSH), 0 rate it a “Buy”, 2 “Sell”, while 2 “Hold”. This means 0 are positive. Papa Murphy’s Holdings has been the topic of 10 analyst reports since August 12, 2015 according to StockzIntelligence Inc. On Thursday, March 10 the stock rating was maintained by Jefferies with “Buy”. The firm has “Hold” rating given on Thursday, August 4 by Jefferies. William Blair downgraded the shares of FRSH in a report on Thursday, November 5 to “Market Perform” rating. The firm has “Sell” rating by Zacks given on Thursday, August 27. The stock of Papa Murphy’s Holdings Inc (NASDAQ:FRSH) earned “Sell” rating by S&P Research on Friday, October 23. The company was downgraded on Friday, October 23 by TheStreet. The rating was upgraded by Zacks on Friday, August 21 to “Sell”. The rating was upgraded by TheStreet to “Hold” on Tuesday, September 22.

According to Zacks Investment Research, “Papa Murphy’s Holdings Inc. operates as a franchisor and operator of the Take ‘N’ Bake pizza chain in the United States. The Company operates in three segments: Domestic Company Stores, Domestic Franchise and International. In addition to scratch-made pizzas, the company offers a growing menu of grab ‘n’ go items, including salads, sides and desserts. Papa Murphy’s Holdings Inc. is based in Vancouver, Washington.”

Insitutional Activity: The institutional sentiment decreased to 0.72 in Q2 2016. Its down 0.50, from 1.22 in 2016Q1. The ratio dropped, as 17 funds sold all Papa Murphy’s Holdings Inc shares owned while 19 reduced positions. 15 funds bought stakes while 11 increased positions. They now own 13.99 million shares or 10.69% less from 15.67 million shares in 2016Q1.
Pnc Services Gru has 0% invested in the company for 112 shares. Arrowpoint Asset Mngmt Limited Liability last reported 0.03% of its portfolio in the stock. Thrivent For Lutherans last reported 440,031 shares in the company. The Utah-based Wasatch Advisors Incorporated has invested 0.25% in Papa Murphy’s Holdings Inc (NASDAQ:FRSH). Morgan Stanley owns 27,237 shares or 0% of their US portfolio. Paloma Prtnrs Mngmt Company accumulated 0% or 34,162 shares. Alpine Prtn Vi Ltd Liability Com accumulated 0.04% or 12,524 shares. Landscape Cap Management has 0.06% invested in the company for 64,841 shares. Art Advsrs Limited has 0.01% invested in the company for 34,087 shares. Wall Street Assoc has 173,500 shares for 0.46% of their US portfolio. Bridgeway Cap Management Inc owns 10,000 shares or 0% of their US portfolio. Susquehanna Intll Ltd Liability Partnership last reported 25,137 shares in the company. Natl Bank Of New York Mellon owns 17,312 shares or 0% of their US portfolio. Monarch Asset Ltd Co accumulated 32,280 shares or 0.02% of the stock. Moreover, New York State Common Retirement Fund has 0% invested in Papa Murphy’s Holdings Inc (NASDAQ:FRSH) for 2,500 shares.

Another recent and important Papa Murphy’s Holdings Inc (NASDAQ:FRSH) news was published by Reuters.com which published an article titled: “BRIEF-Papa Murphy’s Holdings appoints Jean Birch as new chair” on September 22, 2016.

FRSH Company Profile

Papa Murphy’s Holdings, Inc., incorporated on March 29, 2010, 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 Firm franchises the right to operate Take ‘N’ Bake pizza franchises and operates Take ‘N’ Bake pizza stores owned by the Company. The Firm operates through three divisions: Domestic Company Stores, Domestic Franchise and International. The Company’s Domestic Franchise segment consists of its domestic franchised stores, which represent its system-wide stores and derives its revenues from franchise and development fees and the collection of franchise royalties from the Company’s franchise owners located in the United States. The Domestic Company Stores segment consists of its Company-owned stores in the United States and derives its revenues from retail sales of pizza and side items to the general public. The Company’s International segment consists of its stores outside of the United States, all of which are franchised and derives its revenues from franchise and development fees and the collection of franchise royalties from franchises located outside the United States.

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