Mama's Creations, Inc. (NASDAQ:MAMA) Receives Average Rating of "Buy" from Analysts

Mama's Creations, Inc. (NASDAQ:MAMA - Get Free Report) has been assigned an average rating of "Buy" from the five analysts that are presently covering the firm, Marketbeat reports. Five equities research analysts have rated the stock with a buy rating. The average 12-month target price among brokers that have issued a report on the stock in the last year is $7.88.

Several equities analysts have recently weighed in on the stock. Lake Street Capital raised their price objective on shares of Mama's Creations from $6.00 to $7.00 and gave the company a "buy" rating in a research report on Thursday, April 25th. Roth Capital restated a "buy" rating on shares of Mama's Creations in a research report on Thursday, February 1st. TheStreet raised shares of Mama's Creations from a "c+" rating to a "b-" rating in a research note on Thursday, February 22nd. Finally, Roth Mkm reaffirmed a "buy" rating and set a $6.50 price objective (up from $6.00) on shares of Mama's Creations in a research note on Thursday, April 25th.

Mama's Creations Price Performance

MAMA traded up $0.16 on Monday, reaching $6.93. The company had a trading volume of 267,882 shares, compared to its average volume of 292,365. Mama's Creations has a one year low of $2.28 and a one year high of $7.02. The company has a current ratio of 1.41, a quick ratio of 1.21 and a debt-to-equity ratio of 0.32. The company has a fifty day moving average of $5.45 and a 200-day moving average of $4.74. The company has a market capitalization of $258.23 million, a P/E ratio of 38.50 and a beta of 1.04.

Mama's Creations (NASDAQ:MAMA - Get Free Report) last posted its quarterly earnings data on Wednesday, April 24th. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.01. Mama's Creations had a net margin of 6.35% and a return on equity of 39.00%. The company had revenue of $26.73 million during the quarter, compared to analyst estimates of $25.07 million. As a group, equities research analysts anticipate that Mama's Creations will post 0.15 earnings per share for the current year.

Institutional Trading of Mama's Creations

Hedge funds have recently bought and sold shares of the company. SG Americas Securities LLC purchased a new stake in shares of Mama's Creations in the first quarter worth approximately $56,000. Worth Venture Partners LLC purchased a new stake in shares of Mama's Creations in the fourth quarter worth approximately $63,000. Onyx Bridge Wealth Group LLC purchased a new stake in shares of Mama's Creations in the first quarter worth approximately $125,000. Quadrature Capital Ltd purchased a new stake in shares of Mama's Creations in the fourth quarter worth approximately $182,000. Finally, B. Riley Wealth Advisors Inc. purchased a new stake in shares of Mama's Creations in the fourth quarter worth approximately $191,000. 45.18% of the stock is owned by hedge funds and other institutional investors.

Mama's Creations Company Profile

Mama's Creations, Inc, together with its subsidiaries, manufactures and markets prepared refrigerated foods primarily in the United States. The company offers beef and turkey meatballs, meat loaf, chicken, sausage-related products, and pasta entrees; and hot bars, salad bars, prepared foods, sandwich, and cold deli and foods-to-go sections.