Papa Murphy’s Holdings (FRSH) Given Daily Coverage Optimism Rating of 0.14
Headlines about Papa Murphy’s Holdings (NASDAQ:FRSH) have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Papa Murphy’s Holdings earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 45.8159506945187 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the media headlines that may have effected Accern’s scoring:
- Papa Murphy’s Holdings (FRSH) and McDonald’s Corporation (MCD) Critical Contrast (americanbankingnews.com)
- Sinclair Broadcast Group (SBGI) Receives Daily Media Sentiment Score of 0.12 – Hi-tech Beacon (hitechbeacon.com)
- $0.03 EPS Expected for Papa Murphy’s Holdings, Inc. (FRSH) This Quarter (americanbankingnews.com)
- Papa Murphy’s Holdings, Inc. (NASDAQ:FRSH) Stock Closed Well Above Its 50 Day Average – First News 24 (firstnewspaper24.com)
Papa Murphy’s Holdings (NASDAQ:FRSH) traded down 2.78% during midday trading on Friday, hitting $5.95. 81,722 shares of the stock were exchanged. The stock’s market cap is $100.85 million. Papa Murphy’s Holdings has a one year low of $3.50 and a one year high of $6.88. The firm has a 50-day moving average price of $4.90 and a 200-day moving average price of $4.71.
Papa Murphy’s Holdings (NASDAQ:FRSH) last posted its quarterly earnings data on Wednesday, August 9th. The company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.03. The firm had revenue of $29.10 million during the quarter, compared to analysts’ expectations of $30.89 million. Papa Murphy’s Holdings had a positive return on equity of 3.16% and a negative net margin of 8.43%. The firm’s quarterly revenue was down 2.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.06 EPS. On average, equities research analysts anticipate that Papa Murphy’s Holdings will post $0.31 EPS for the current fiscal year.
A number of equities research analysts have recently issued reports on the stock. Jefferies Group LLC dropped their target price on shares of Papa Murphy’s Holdings from $5.00 to $4.50 and set a “hold” rating for the company in a report on Thursday, August 10th. Zacks Investment Research lowered shares of Papa Murphy’s Holdings from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 1st. Six research analysts have rated the stock with a hold rating, The stock currently has an average rating of “Hold” and a consensus price target of $4.75.
In related news, major shareholder Mfp Partners Lp acquired 60,617 shares of the company’s stock in a transaction that occurred on Friday, August 11th. The stock was purchased at an average price of $4.01 per share, for a total transaction of $243,074.17. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, insider Weldon W. Spangler acquired 9,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 16th. The shares were bought at an average price of $4.51 per share, with a total value of $40,590.00. Following the transaction, the insider now owns 30,000 shares in the company, valued at approximately $135,300. The disclosure for this purchase can be found here. In the last quarter, insiders have purchased 433,666 shares of company stock valued at $1,829,912. 3.10% of the stock is currently owned by company insiders.
About Papa Murphy’s Holdings
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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