Papa Murphy’s Holdings Inc. (NASDAQ:FRSH) shares traded up 3.8% during trading on Monday . The company traded as high as $7.48 and last traded at $7.42, with a volume of 60,311 shares traded. The stock had previously closed at $7.15.

A number of research analysts have commented on the company. Jefferies Group cut Papa Murphy’s Holdings from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $14.00 to $10.00 in a research note on Thursday, May 5th. Robert W. Baird cut Papa Murphy’s Holdings from an “outperform” rating to a “neutral” rating and cut their price target for the stock from $13.00 to $11.00 in a research note on Thursday, May 5th. Zacks Investment Research cut Papa Murphy’s Holdings from a “hold” rating to a “sell” rating in a research note on Thursday, March 31st. Finally, TheStreet upgraded Papa Murphy’s Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, May 25th. Two investment analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. The company presently has an average rating of “Hold” and an average target price of $12.00.

The stock has a market capitalization of $125.20 million and a PE ratio of 41.69. The firm’s 50 day moving average is $7.17 and its 200 day moving average is $9.40.

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

A hedge fund recently raised its stake in Papa Murphy’s Holdings stock. Boston Partners boosted its position in Papa Murphy’s Holdings Inc. (NASDAQ:FRSH) by 3.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 423,001 shares of the company’s stock after buying an additional 12,667 shares during the period. Boston Partners owned approximately 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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