FRSH - Papa Murphy's Holdings, Inc.
| Previous Close | 6.44 |
| Open | 6.44 |
| Bid | 0.00 x 28000 |
| Ask | 0.00 x 2900 |
| Day's Range | 6.43 - 6.44 |
| 52 Week Range | 4.28 - 6.44 |
| Volume | 186,393 |
| Avg. Volume | 196,487 |
| Market Cap | 109.67M |
| Beta (3Y Monthly) | 0.65 |
| PE Ratio (TTM) | 25.76 |
| EPS (TTM) | 0.25 |
| Earnings Date | May 4, 2017 - May 8, 2017 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 7.00 |
- InvestorPlace•13 hours ago
4 Pizza Stocks On M&A Watch
In early April, MTY Food Group acquired pizza chain Papa Murphy's (NASDAQ:FRSH) at a huge premium. It was big news for FRSH stock, which popped more than 30% to the acquisition price. But, the news was largely a non-event for other pizza stocks, since most market observers chalked up the acquisition as a one-off, and didn't extrapolate much by the way of M&A potential to other pizza stocks.Nonetheless, it's interesting to note that of the top 10 pizza chains in America, four of them have been acquired over the past eight years (Papa Murphy's, California Pizza Kitchen, Round Table Pizza and Cicis). That's a sky-high 40% acquisition rate for America's largest pizza chains. * 10 High-Yielding Dividend Stocks That Won't Wilt Thus, while investors maybe shouldn't directly extrapolate the Papa Murphy's acquisition to other pizza stocks, they should be aware that certain pizza stocks do have high M&A potential. From this perspective, let's take a closer look at four pizza stocks that are on M&A watch.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Papa John's (PZZA)Source: Shutterstock Of all the publicly traded pizza stocks, the most likely to be an acquisition target in 2019 is Papa John's (NASDAQ:PZZA).Papa John's has had some serious struggles over the past few years, as a lack of innovation coupled with bad press from Papa John himself has created a drag on sales, margins and profits. That's why PZZA stock has been on a multi-year decline.But, the stock is now dirt cheap, at 1.4-times enterprise value-to-sales. Interestingly enough, that's roughly the level where Papa Murphy's was acquired at. It's also the lowest multiple left among publicly traded pizza stocks. Plus, the board room drama with Papa John is over, NBA superstar Shaquille O'Neal has been added to the board, and there's reason to believe a brand turnaround is coming soon.As such, if I were a private equity firm, now would be a really good time to take a bite out of PZZA stock. RAVE Restaurant Group (RAVE)Source: Shutterstock The second most likely pizza chain to be acquired in the foreseeable future is RAVE Restaurant Group (NASDAQ:RAVE).Dallas-based RAVE Restaurant Group owns and operates two pizza chains, Pizza Inn and Pie Five Pizza. In total, the company's pizza chain footprint measures around 270 locations all across the world. Only one of those stores is company-owned. The rest are licensed. This asset-light business model should ultimately prove attractive to a potential buyer. * 6 Cheap Stocks That Cost Less Than $10 On top of a license-heavy model, operations at RAVE aren't bad (comparable sales were mildly positive last quarter), margins are an issue but improving, and the stock is pretty cheap at 2-times enterprise value-to-sales. As such, if a buyer thinks they can come in and cut costs without dramatically impacting sales to produce sizable profits, then RAVE stock could fetch a big offer in the foreseeable future. Domino's Pizza (DPZ)Source: Shutterstock The hottest pizza stock over the past several years has been Domino's Pizza (NYSE:DPZ).Much unlike its peers on this list, Domino's has leveraged technology integration and menu innovation to drive consistently positive comparable sales growth. This has led to healthy revenue growth, strong margin expansion and robust profit growth. That's why DPZ stock has rallied 250% over the past five years.But, the stock is no longer that cheap at 4.2-times enterprise value-to-sales. Plus, given recent out-performance, investors would require a huge premium to even consider a takeover offer. That would imply an offer somewhere around $15 to $20 billion. That's a bit steep as far as pizza chain M&A is concerned.All in all, then, DPZ is a winning stock. But, the likelihood this company is acquired in the foreseeable is very low. YUM! Brands (YUM)Source: Shutterstock Falling in the same boat of winning pizza stock but unlikely M&A candidate is Pizza Hut, which is already owned by YUM! Brands (NYSE:YUM).After Domino's, the second most successful pizza chain over the past several years has been Pizza Hut. The chain struggled for a while, but recently has been getting its groove back amid a series of operational improvements, including store remodels, menu innovations and distinct marketing. The sum of these initiatives powered flat comparable sales growth last quarter and last year, and current trends imply that positive growth is due next year. * 7 Strong Buy Stocks the Street Loves That means YUM stock should go higher from here. But, it also means that the likelihood of YUM getting a takeover offer are next to zero. This is a $30 billion-plus company trading at 7-times enterprise value-to-sales. No buyer is interested in that. As such, when it comes to M&A upside in pizza stocks, YUM stock has very little.As of this writing, Luke Lango was long DPZ. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Tech Stocks With Too Much Risk, Not Enough Upside * 7 Companies That Are Closing the CEO-Worker Wage Gap * 7 Video Game ETFs That Will Make You a Winner Compare Brokers The post 4 Pizza Stocks On M&A Watch appeared first on InvestorPlace.
- GlobeNewswire•15 hours ago
CZFC, TIER, WBC, WP, and FRSH SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Reminds Investors of Investigations of Mergers
WILMINGTON, Del., April 22, 2019 -- Rigrodsky & Long, P.A. announces that it is investigating: Citizens First Corporation (NASDAQ GM: CZFC) regarding possible breaches.
- PR Newswire•2 days ago
IMPORTANT ALERT: Monteverde & Associates PC is Investigating the Recently Announced Acquisitions
NEW YORK , April 20, 2019 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York ...
- PR Newswire•6 days ago
Lifshitz & Miller LLP Announces Investigation of Anadarko Petroleum Corporation, Duluth Holdings, Inc., Establishment Labs Holdings Inc., Flex Ltd., Global Brass and Copper Holdings, Inc., Indivior PLC, Papa Murphy's Holdings, Inc., and Zogenix, Inc.
NEW YORK , April 17, 2019 /PRNewswire/ -- Anadarko Petroleum Corporation (APC) Lifshitz & Miller announces investigation into possible breach of fiduciary duties in connection with the proposed sale of ...
- GlobeNewswire•7 days ago
Papa Murphy’s (FRSH) Merger Investigation: Halper Sadeh LLP is Investigating Whether the Sale of Papa Murphy’s Holdings, Inc. is Fair to Shareholders – FRSH
Halper Sadeh LLP, a global investor rights law firm, announces it is investigating whether the sale of Papa Murphy’s Holdings, Inc. (“Papa Murphy” or the “Company”) (FRSH) to MTY Food Group Inc. (“MTY”) is fair to Papa Murphy’s shareholders. If you are a Papa Murphy’s shareholder and would like to discuss your legal rights and options, please visit Papa Murphy’s (FRSH) Merger Investigation or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.
- GlobeNewswire•11 days ago
PAPA MURPHY’S HOLDINGS, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
WILMINGTON, Del., April 11, 2019 -- Rigrodsky & Long, P.A.: Do you own shares of Papa Murphy’s Holdings, Inc. (NASDAQ GS: FRSH)?Did you purchase any of your shares prior.
- ACCESSWIRE•12 days ago
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Sale of Papa Murphy’s Holdings, Inc. to MTY Food Group Inc. is Fair to Shareholders
NEW YORK, NY / ACCESSWIRE / April 11, 2019 / The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Papa Murphy's Holdings, Inc. (''Papa Murphy's'' ...
- Benzinga•12 days ago
Papa Murphy's Gains 30% After Agreeing To Sell Itself To MTY Food Group In $190M Deal
As part of the merger agreement, MTY will buy all outstanding shares of Papa Murphy's stock for $6.45 per share, which represents a premium of more than 30 percent from Wednesday's closing price. MTY said in a press release the deal will strengthen its portfolio of brands as well as increase and complement its exposure to the U.S. food market. The pizza market is "highly attractive" given the large size, fragmented nature, and growth potential, MTY CEO Eric Lefebvre commented in the press release.
- PR Newswire•12 days ago
Papa Murphy's (FRSH) Alert: Johnson Fistel Investigates Proposed Sale of Papa Murphy's Holdings, Inc.; Is $6.45 a Fair Price?
SAN DIEGO , April 11, 2019 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Papa Murphy's Holdings, Inc. (NASDAQ: FRSH) ("Papa ...
- CNW Group•12 days ago
MTY Food Group Inc. and Papa Murphy's Holdings, Inc. Announce Definitive Merger Agreement
MONTREAL , April 11, 2019 /CNW Telbec/ - MTY Food Group Inc. ("MTY") (MTY.TO) and Papa Murphy's Holdings, Inc. ("Papa Murphy's") (FRSH) today announced they have entered into a definitive merger agreement (the "Merger Agreement") under which MTY would acquire all of the issued and outstanding shares of common stock of Papa Murphy's for cash consideration of US$6.45 per share, representing total transaction value of approximately US$190 .0 million ( C$253.2 million ) (the "Transaction"), including Papa Murphy's net debt outstanding. The purchase price per share of Papa Murphy's common stock implies a premium of 31.9% to the Papa Murphy's closing price on April 10, 2019 and 46.3% to the unaffected Papa Murphy's closing price on November 7, 2018 prior to the announcement by Papa Murphy's that it was conducting a process to explore and evaluate strategic alternatives to maximize shareholder value and had engaged a financial advisor to assist with the review.
- GlobeNewswire•12 days ago
MTY Food Group Inc. and Papa Murphy’s Holdings, Inc. Announce Definitive Merger Agreement
MTY Food Group Inc. (“MTY”) (MTY.TO) and Papa Murphy’s Holdings, Inc. (“Papa Murphy’s”) (FRSH) today announced they have entered into a definitive merger agreement (the “Merger Agreement”) under which MTY would acquire all of the issued and outstanding shares of common stock of Papa Murphy’s for cash consideration of US$6.45 per share, representing total transaction value of approximately US$190.0 million (C$253.2 million) (the “Transaction”), including Papa Murphy’s net debt outstanding. The purchase price per share of Papa Murphy’s common stock implies a premium of 31.9% to the Papa Murphy’s closing price on April 10, 2019 and 46.3% to the unaffected Papa Murphy’s closing price on November 7, 2018 prior to the announcement by Papa Murphy’s that it was conducting a process to explore and evaluate strategic alternatives to maximize shareholder value and had engaged a financial advisor to assist with the review.
- Thomson Reuters StreetEvents•last month
Edited Transcript of FRSH earnings conference call or presentation 14-Mar-19 9:00pm GMT
Q4 2018 Papa Murphy's Holdings Inc Earnings Call
- Associated Press•last month
Papa Murphy's: 4Q Earnings Snapshot
On a per-share basis, the Vancouver, Washington-based company said it had profit of 12 cents. Earnings, adjusted for non-recurring costs, were 14 cents per share. The pizza chain posted revenue of $32 ...
- Business Wire•last month
Papa Murphy’s Holdings, Inc. Reports Fourth Quarter and Fiscal Year 2018 Results: Performance Better Than Guidance and Consistent with Previously Reported Results
Papa Murphy’s Holdings, Inc. today announced financial results for its fiscal fourth quarter and full fiscal year ended December 31, 2018.
- Simply Wall St.•2 months ago
Why Papa Murphy’s Holdings, Inc.’s (NASDAQ:FRSH) Use Of Investor Capital Doesn’t Look Great
Today we are going to look at Papa Murphy's Holdings, Inc. (NASDAQ:FRSH) to see whether it might be an attractive investment prospect. In particular, we'll consider its Return On CapitalRead More...
- American City Business Journals•2 months ago
Franchise owners close down three Memphis-area pizza locations
A struggling pizza chain is downsizing in the Memphis area. Papa Murphy’s, which reportedly has closed more than 60 locations nationwide over the past year because of weak sales, said franchise owners at 3615 S. Houston Levee Rd. in Collierville and 7781 Farmington Blvd. in Germantown recently closed down their locations. “It is always sad news when franchise owners decide to close their doors,” Papa Murphy’s said in a statement.
- GlobeNewswire•2 months ago
Papa Murphy’s Holdings, Inc. to Announce Fourth Quarter and Full Year 2018 Results on March 14, 2019
Papa Murphy’s Holdings, Inc. (“Papa Murphy’s”) (FRSH) today announced that it will host a conference call to discuss its fourth quarter and full year 2018 financial results on Thursday, March 14, 2019 at 5:00 p.m. Eastern Time. Hosting the call will be Weldon Spangler, Chief Executive Officer and Nik Rupp, Chief Financial Officer. The conference call can be accessed over the phone by dialing 1-877-407-3982 or for international callers by dialing 1-201-493-6780.
- GlobeNewswire•2 months ago
Bake it up a Notch™ this Valentine’s Day with Papa Murphy’s HeartBaker® Pizza
Papa Murphy’s Holdings, Inc. (FRSH) is pleased to announce the return of its Valentine’s Day favorite, the HeartBaker® Pizza. “The way people are celebrating Valentine’s Day has changed. Instead of material things, consumers are looking to share experiences that are memorable,” said Laura Szeliga, Chief Marketing Officer, Papa Murphy’s. “The option of baking a delicious scratch-made pizza at home sure beats the idea of fighting the crowds in a restaurant.
- GlobeNewswire•3 months ago
Papa Murphy’s Holdings, Inc. Announces Preliminary 2018 Fourth Quarter and Fiscal Year Results: Performance Better Than Guidance and Sales Trends Improving
VANCOUVER, Wash., Feb. 04, 2019 -- Papa Murphy’s Holdings, Inc. (NASDAQ: FRSH) today announced the following preliminary unaudited results for its fiscal fourth quarter and.
- Simply Wall St.•3 months ago
What You Must Know About Papa Murphy’s Holdings, Inc.’s (NASDAQ:FRSH) Financial Strength
Papa Murphy's Holdings, Inc. (NASDAQ:FRSH) is a small-cap stock with a market capitalization of US$80m. While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, Read More...
- Zacks•5 months ago
Cheesecake Factory (CAKE) Expands in Tennessee and Texas
Cheesecake Factory (CAKE) continues to expand presence by opening restaurants in Tennessee and Texas.
- Zacks•5 months ago
FRSH vs. TXRH: Which Stock Should Value Investors Buy Now?
FRSH vs. TXRH: Which Stock Is the Better Value Option?
- Zacks•5 months ago
Zacks.com highlights: Marcus, Papa Murphy's Holdings, Dr. Reddy's Laboratories, Tesla and Spirit Airlines
Zacks.com highlights: Marcus, Papa Murphy's Holdings, Dr. Reddy's Laboratories, Tesla and Spirit Airlines
- GlobeNewswire•5 months ago
Papa Murphy's Announces Refranchising Transaction in Texas
Tom Lovelace Company, LLC today announced the acquisition of nine Company-owned stores and four franchise-owned stores in the Dallas, Texas area. With these transactions, Tom Lovelace Company, LLC now operates a total of 32 Papa Murphy’s stores across the nation with plans to expand further in the near future. The company is led by current franchise owners Tom Lovelace, his son Jeremy Lovelace, and daughter Jennifer Adamson.
- Zacks•5 months ago
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