Mama’s Creations, Inc. (NASDAQ:MAMA) Receives Consensus Rating of “Buy” from Analysts

Shares of Mama’s Creations, Inc. (NASDAQ:MAMA) have been assigned a consensus rating of “Buy” from the five research firms that are covering the stock, Marketbeat.com reports. Five analysts have rated the stock with a buy rating. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $7.88.

MAMA has been the subject of several research analyst reports. TheStreet upgraded Mama’s Creations from a “c+” rating to a “b-” rating in a research note on Thursday, February 22nd. Lake Street Capital upped their price objective on Mama’s Creations from $6.00 to $7.00 and gave the company a “buy” rating in a research note on Thursday, April 25th. Roth Capital reaffirmed a “buy” rating on shares of Mama’s Creations in a report on Thursday, February 1st. Finally, Roth Mkm restated 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 Stock Up 1.8 %

MAMA stock opened at $6.88 on Monday. The company has a 50 day moving average price of $5.55 and a two-hundred day moving average price of $4.79. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.21 and a current ratio of 1.41. The stock has a market capitalization of $257.93 million, a P/E ratio of 37.89 and a beta of 1.04. Mama’s Creations has a one year low of $2.28 and a one year high of $7.02.

Mama’s Creations (NASDAQ:MAMA) last announced its quarterly earnings data on Wednesday, April 24th. The company reported $0.04 earnings per share for the quarter, topping 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 business had revenue of $26.73 million for the quarter, compared to analyst estimates of $25.07 million. As a group, sell-side analysts expect that Mama’s Creations will post 0.15 EPS for the current year.

Institutional Investors Weigh In On Mama’s Creations

Institutional investors have recently added to or reduced their stakes in the company. SG Americas Securities LLC acquired a new stake in Mama’s Creations during the first quarter valued at approximately $56,000. Worth Venture Partners LLC acquired a new position in Mama’s Creations in the 4th quarter valued at approximately $63,000. Onyx Bridge Wealth Group LLC acquired a new position in shares of Mama’s Creations in the first quarter worth $125,000. Quadrature Capital Ltd purchased a new stake in shares of Mama’s Creations during the 4th quarter worth about $182,000. Finally, B. Riley Wealth Advisors Inc. acquired a new stake in Mama’s Creations in the fourth quarter valued at approximately $191,000. 45.18% of the stock is currently owned by institutional investors and hedge funds.

About Mama’s Creations

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.