Papa Murphy’s Holdings Inc. (NASDAQ:FRSH)’s share price was down 3.2% on Thursday . The stock traded as low as $7.00 and last traded at $7.00, with a volume of 82,438 shares changing hands. The stock had previously closed at $7.23.

Several equities analysts have recently weighed in on FRSH shares. Zacks Investment Research downgraded Papa Murphy’s Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday, March 15th. Robert W. Baird downgraded Papa Murphy’s Holdings from an “outperform” rating to a “neutral” rating and cut their target price for the company from $13.00 to $11.00 in a research report on Thursday, May 5th. Jefferies Group downgraded Papa Murphy’s Holdings from a “buy” rating to a “hold” rating and cut their target price for the company from $14.00 to $10.00 in a research report on Thursday, May 5th. Finally, TheStreet raised Papa Murphy’s Holdings from a “sell” rating to a “hold” rating in a research report on Wednesday, May 25th. Two research analysts have rated the stock with a sell rating and four have given a hold rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $12.00.

The stock has a market capitalization of $121.47 million and a price-to-earnings ratio of 40.45. The firm has a 50 day moving average of $7.28 and a 200 day moving average of $9.72.

Papa Murphy’s Holdings (NASDAQ:FRSH) last released its earnings results on Wednesday, May 4th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.13 by $0.09. The firm earned $32.99 million during the quarter, compared to analyst estimates of $33.90 million. Papa Murphy’s Holdings’s quarterly revenue was up 13.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.15 EPS. On average, equities analysts predict that Papa Murphy’s Holdings Inc. will post $0.32 earnings per share for the current fiscal year.

An institutional investor recently raised its position in Papa Murphy’s Holdings stock. Boston Partners boosted its stake in shares of Papa Murphy’s Holdings Inc. (NASDAQ:FRSH) by 3.1% during the fourth quarter, Holdings Channel reports. The firm owned 423,001 shares of the company’s stock after buying an additional 12,667 shares during the period. Boston Partners owned 2.49% of Papa Murphy’s Holdings worth $4,763,000 as of its most recent filing with the SEC.

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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