Mama's Creations, Inc. (NASDAQ:MAMA) Given Average Rating of "Moderate Buy" by Brokerages

Key Points

• Consensus "Moderate Buy": Six analysts rate Mama's Creations a consensus Moderate Buy (five buys, one hold) with an average 12‑month target of $18.80.
• CEO share sale: CEO Adam Laurance Michaels sold 16,223 shares at $15.30 under a pre‑arranged Rule 10b5‑1 plan to cover tax withholding, trimming his stake by 2.28%; insiders own 6.50% of the stock.
• Recent financials & valuation: Latest quarter delivered EPS of $0.05 (in line) and revenue of $53.99M (beat), while the stock trades at a market cap of $587M with a P/E of 120.33 and a 52‑week range of $6.37–$17.85.

Mama's Creations, Inc. (NASDAQ:MAMA - Get Free Report) has received a consensus rating of "Moderate Buy" from the six analysts that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $18.80.

MAMA has been the topic of several research analyst reports. Weiss Ratings raised Mama's Creations from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, March 13th. Zacks Research lowered Mama's Creations from a "strong-buy" rating to a "hold" rating in a research note on Monday, April 27th. Wall Street Zen lowered Mama's Creations from a "buy" rating to a "hold" rating in a research note on Saturday. Finally, DA Davidson raised their price objective on Mama's Creations to $25.00 and gave the company a "buy" rating in a research note on Thursday, April 16th.

Insider Activity at Mama's Creations

In other news, CEO Adam Laurance Michaels sold 16,223 shares of Mama's Creations stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $15.30, for a total transaction of $248,211.90. Following the sale, the chief executive officer directly owned 695,288 shares of the company's stock, valued at approximately $10,637,906.40. This trade represents a 2.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 6.50% of the company's stock.

Institutional Trading of Mama's Creations

Hedge funds have recently made changes to their positions in the company. State of Alaska Department of Revenue acquired a new stake in shares of Mama's Creations during the fourth quarter valued at about $63,000. Walleye Capital LLC acquired a new stake in shares of Mama's Creations during the second quarter valued at about $87,000. Prudential Financial Inc. acquired a new stake in shares of Mama's Creations during the second quarter valued at about $100,000. Verition Fund Management LLC acquired a new stake in shares of Mama's Creations during the third quarter valued at about $105,000. Finally, Envestnet Asset Management Inc. acquired a new stake in shares of Mama's Creations during the third quarter valued at about $117,000. 45.18% of the stock is owned by institutional investors and hedge funds.

Mama's Creations Stock Performance

MAMA opened at $14.44 on Wednesday. The firm has a market cap of $587.13 million, a P/E ratio of 120.33 and a beta of 0.64. Mama's Creations has a 52-week low of $6.37 and a 52-week high of $17.85. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.71 and a current ratio of 2.17. The business's fifty day moving average is $15.43 and its 200-day moving average is $13.75.

Mama's Creations (NASDAQ:MAMA - Get Free Report) last released its earnings results on Tuesday, April 14th. The company reported $0.05 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.05. The company had revenue of $53.99 million for the quarter, compared to analyst estimates of $52.64 million. Mama's Creations had a return on equity of 15.31% and a net margin of 3.06%. Sell-side analysts expect that Mama's Creations will post 0.25 EPS for the current fiscal year.

About Mama's Creations

Mama's Creations, Inc engages in the marketing, manufacturing, and distribution of beef meatballs with sauce, turkey meatballs with sauce, beef meat loaf, sausage and peppers, chicken parmesan, and other similar meats and sauces. Its products include beef meatballs, turkey meatballs, stuffed meatballs, lasagna roll ups, retail ready meals, bulk deli, single-size pasta bowls, and packaged refrigerated products. Its brands include MamaMancini's, Creative Salads, and The Olive Branch. The company was founded by Daniel Dougherty on July 22, 2009 and is headquartered in East Rutherford, NJ.

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