Mama's Creations' (MAMA) Buy Rating Reaffirmed at Roth Capital

Roth Capital reissued their buy rating on shares of Mama's Creations (NASDAQ:MAMA - Free Report) in a research note released on Wednesday,Benzinga reports. The brokerage currently has a $10.00 price objective on the stock, up from their prior price objective of $9.00. Roth Capital also issued estimates for Mama's Creations' Q2 2026 earnings at $0.02 EPS, Q3 2026 earnings at $0.05 EPS, FY2026 earnings at $0.16 EPS, Q1 2027 earnings at $0.05 EPS, Q2 2027 earnings at $0.05 EPS, Q3 2027 earnings at $0.06 EPS, Q4 2027 earnings at $0.06 EPS and FY2027 earnings at $0.22 EPS.

Mama's Creations Price Performance

Shares of MAMA traded down $0.40 during mid-day trading on Wednesday, hitting $7.96. 408,360 shares of the company traded hands, compared to its average volume of 342,901. Mama's Creations has a one year low of $5.50 and a one year high of $9.98. The stock has a market capitalization of $299.26 million, a price-to-earnings ratio of 88.45 and a beta of 0.71. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 0.16. The business has a 50-day moving average of $6.88 and a 200 day moving average of $7.31.

Mama's Creations (NASDAQ:MAMA - Get Free Report) last announced its quarterly earnings data on Tuesday, June 3rd. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.02 by $0.01. Mama's Creations had a net margin of 3.02% and a return on equity of 16.52%. The firm had revenue of $35.30 million for the quarter, compared to analysts' expectations of $32.74 million. As a group, equities analysts expect that Mama's Creations will post 0.09 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Mama's Creations

Several hedge funds have recently bought and sold shares of the company. Principal Financial Group Inc. raised its holdings in shares of Mama's Creations by 9.1% during the fourth quarter. Principal Financial Group Inc. now owns 22,785 shares of the company's stock worth $181,000 after acquiring an additional 1,896 shares during the period. Price T Rowe Associates Inc. MD grew its position in shares of Mama's Creations by 19.7% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 12,622 shares of the company's stock valued at $101,000 after acquiring an additional 2,073 shares during the period. Rhumbline Advisers boosted its holdings in shares of 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 buying an additional 2,146 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Mama's Creations by 0.3% during the 4th quarter. Geode Capital Management LLC now owns 757,796 shares of the company's stock worth $6,033,000 after buying an additional 2,305 shares during the period. Finally, Thompson Siegel & Walmsley LLC boosted its holdings in shares of Mama's Creations by 0.8% during the 4th quarter. Thompson Siegel & Walmsley LLC now owns 371,309 shares of the company's stock worth $2,956,000 after buying an additional 2,777 shares during the period. 45.18% of the stock is currently owned by institutional investors and hedge funds.

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.