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

Key Points

• Analyst consensus: Six research firms give Mama's Creations an average recommendation of Buy (five Buy, one Strong Buy) with a 12‑month average price target of $17.60.
• Institutional interest is meaningful—Park West, Brown Capital, Next Century Growth (which increased its stake by 54.5% to 1,691,395 shares), Pillsbury Lake and Alyeska added positions, leaving 45.18% of the stock owned by hedge funds and other institutions.
• Stock and financial snapshot: shares opened at $15.59 with a one‑year range of $6.07–$17.85, market cap ≈ $633.7M, P/E ≈ 141.7, debt/equity 0.11, and 50/200‑day moving averages of $15.71/$13.31.

Mama's Creations, Inc. (NASDAQ:MAMA - Get Free Report) has been assigned an average recommendation of "Buy" from the six research firms that are presently covering the firm, Marketbeat reports. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $17.60.

Several research firms have commented on MAMA. Zacks Research raised shares of Mama's Creations from a "hold" rating to a "strong-buy" rating in a report on Tuesday, March 10th. Wall Street Zen lowered shares of Mama's Creations from a "buy" rating to a "hold" rating in a research note on Saturday, February 7th. Finally, Weiss Ratings raised shares of Mama's Creations from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, March 13th.

Institutional Investors Weigh In On Mama's Creations

Several hedge funds have recently modified their holdings of MAMA. Park West Asset Management LLC purchased a new stake in shares of Mama's Creations during the 3rd quarter worth about $8,408,000. Brown Capital Management LLC purchased a new stake in shares of Mama's Creations during the 3rd quarter worth about $7,332,000. Next Century Growth Investors LLC boosted its stake in shares of Mama's Creations by 54.5% during the 4th quarter. Next Century Growth Investors LLC now owns 1,691,395 shares of the company's stock worth $22,817,000 after acquiring an additional 596,688 shares in the last quarter. Pillsbury Lake Capital LLC purchased a new stake in shares of Mama's Creations during the 4th quarter worth about $6,653,000. Finally, Alyeska Investment Group L.P. purchased a new stake in shares of Mama's Creations during the 3rd quarter worth about $4,182,000. 45.18% of the stock is owned by hedge funds and other institutional investors.

Mama's Creations Price Performance

NASDAQ:MAMA opened at $15.59 on Friday. Mama's Creations has a one year low of $6.07 and a one year high of $17.85. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.38 and a current ratio of 1.85. The firm has a market cap of $633.73 million, a price-to-earnings ratio of 141.74 and a beta of 0.72. The firm's fifty day moving average is $15.71 and its two-hundred day moving average is $13.31.

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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