Barfresh Food Group (NASDAQ:BRFH) Downgraded by Zacks Research to Strong Sell

Barfresh Food Group (NASDAQ:BRFH) was downgraded by analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued on Tuesday,Zacks.com reports.

Separately, Weiss Ratings cut shares of Barfresh Food Group from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, July 24th. One analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Reduce” and an average target price of $6.00.

Barfresh Food Group Price Performance

NASDAQ:BRFH opened at $1.29 on Tuesday. Barfresh Food Group has a 52 week low of $1.26 and a 52 week high of $6.08. The stock’s fifty day moving average is $1.86 and its two-hundred day moving average is $2.37. The company has a market capitalization of $21.04 million, a P/E ratio of -5.61 and a beta of 0.73. The company has a quick ratio of 0.76, a current ratio of 0.71 and a debt-to-equity ratio of 4.41.

Barfresh Food Group (NASDAQ:BRFH) last released its quarterly earnings results on Friday, August 14th. The company reported ($0.12) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.07). The business had revenue of $4.71 million for the quarter, compared to analysts’ expectations of $5.35 million. Barfresh Food Group had a negative return on equity of 295.15% and a negative net margin of 17.88%. Equities analysts expect that Barfresh Food Group will post -0.15 EPS for the current year.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Barfresh Food Group stock. Virtu Financial LLC purchased a new position in shares of Barfresh Food Group Inc. (NASDAQ:BRFH) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 18,255 shares of the company’s stock, valued at approximately $64,000. Virtu Financial LLC owned 0.11% of Barfresh Food Group as of its most recent SEC filing. 22.66% of the stock is owned by institutional investors.

Key Barfresh Food Group News

Here are the key news stories impacting Barfresh Food Group this week:

• Positive Sentiment: Greenridge Global expects Barfresh to approach profitability in fiscal 2027, forecasting earnings of $0.09 per share. Its Q1 fiscal 2027 estimate is a relatively modest loss of $0.01 per share.
• Neutral Sentiment: Analyst forecasts remain widely divided. Greenridge Global projects positive fiscal 2027 earnings, while Maxim Group expects a $0.19-per-share loss, highlighting uncertainty around the company’s outlook.
• Negative Sentiment: Maxim Group cut its fiscal 2026 EPS forecast to a loss of $0.27 from a loss of $0.08 and lowered its fiscal 2027 forecast to a loss of $0.19 from prior expectations for $0.09 in earnings.
• Negative Sentiment: Maxim also reduced its Q3 fiscal 2026 estimate to a loss of $0.05 per share from a projected profit of $0.01, and expects additional quarterly losses through fiscal 2027, including losses of $0.05 in Q1, $0.06 in Q2 and $0.05 in Q4.
• Negative Sentiment: Recent operating results provide context for the cautious revisions: Barfresh previously reported a quarterly loss of $0.12 per share versus the $0.05 consensus estimate, while revenue of $4.71 million also missed expectations of $5.35 million.

Barfresh Food Group Company Profile

Barfresh Food Group, Inc develops, manufactures and distributes a line of fresh-frozen, portion-controlled beverage and breakfast products for the foodservice and retail channels. The company’s flagship offerings include smoothie base blends, pancake and waffle mixes, and related griddle products designed to deliver convenience, consistency and controlled portions. Barfresh products require only the addition of liquid and blending or mixing prior to service, catering to operators seeking quick-serve solutions without sacrificing quality.

Operating from a single, fully certified manufacturing facility in Miami, Florida, Barfresh adheres to strict quality and safety protocols throughout its production processes.