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

Key Points

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Shares of Mama's Creations, Inc. (NASDAQ:MAMA - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the five analysts that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $10.50.

Several brokerages have recently commented on MAMA. Wall Street Zen cut shares of Mama's Creations from a "buy" rating to a "hold" rating in a research report on Sunday, August 10th. Zacks Research cut shares of Mama's Creations from a "strong-buy" rating to a "hold" rating in a research report on Thursday, August 14th. Finally, Roth Capital reiterated a "buy" rating and set a $10.00 price target (up previously from $9.00) on shares of Mama's Creations in a research report on Wednesday, June 4th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Bank of America Corp DE boosted its stake in Mama's Creations by 32.1% during the 4th quarter. Bank of America Corp DE now owns 33,882 shares of the company's stock worth $270,000 after acquiring an additional 8,242 shares during the last quarter. Rhumbline Advisers boosted its stake in Mama's Creations by 5.0% during the 1st quarter. Rhumbline Advisers now owns 44,699 shares of the company's stock worth $291,000 after acquiring an additional 2,146 shares during the last quarter. Deutsche Bank AG boosted its stake in Mama's Creations by 3,085.4% during the 4th quarter. Deutsche Bank AG now owns 26,407 shares of the company's stock worth $210,000 after acquiring an additional 25,578 shares during the last quarter. Raymond James Financial Inc. bought a new position in Mama's Creations during the 4th quarter worth approximately $1,333,000. Finally, Barclays PLC lifted its stake in Mama's Creations by 10.8% in the fourth quarter. Barclays PLC now owns 52,127 shares of the company's stock valued at $415,000 after buying an additional 5,072 shares in the last quarter. Institutional investors own 45.18% of the company's stock.

Mama's Creations Trading Down 0.1%

MAMA opened at $8.16 on Tuesday. The company has a current ratio of 1.29, a quick ratio of 1.01 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of $306.90 million, a PE ratio of 74.19 and a beta of 0.75. Mama's Creations has a 1-year low of $5.50 and a 1-year high of $9.98. The firm has a 50-day moving average price of $8.50 and a two-hundred day moving average price of $7.38.

Mama's Creations (NASDAQ:MAMA - Get Free Report) last posted its quarterly earnings data on Tuesday, June 3rd. The company reported $0.03 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.01. Mama's Creations had a net margin of 3.41% and a return on equity of 18.19%. The firm had revenue of $35.30 million during the quarter, compared to analysts' expectations of $32.74 million. As a group, equities analysts anticipate that Mama's Creations will post 0.09 earnings per share for the current fiscal year.

Mama's Creations Company Profile

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.

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