Mama’s Creations (NASDAQ:MAMA) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Mama’s Creations (NASDAQ:MAMAGet Free Report) posted its quarterly earnings data on Tuesday. The company reported $0.03 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.01, Yahoo Finance reports. Mama’s Creations had a return on equity of 31.02% and a net margin of 5.19%. The company had revenue of $28.38 million for the quarter, compared to the consensus estimate of $27.80 million. During the same quarter in the previous year, the business earned $0.05 EPS.

Mama’s Creations Price Performance

NASDAQ MAMA opened at $7.88 on Thursday. The company has a current ratio of 1.37, a quick ratio of 1.21 and a debt-to-equity ratio of 0.29. Mama’s Creations has a 1 year low of $3.31 and a 1 year high of $8.69. The company has a market cap of $293.45 million, a PE ratio of 52.50 and a beta of 1.06. The stock’s 50-day moving average price is $7.73 and its two-hundred day moving average price is $6.49.

Analysts Set New Price Targets

Several equities research analysts have commented on MAMA shares. Roth Mkm reiterated a “buy” rating and issued a $10.00 price target (up from $8.50) on shares of Mama’s Creations in a research report on Wednesday. Lake Street Capital boosted their target price on shares of Mama’s Creations from $7.00 to $10.00 and gave the stock a “buy” rating in a report on Wednesday, June 12th. Finally, Craig Hallum raised their target price on shares of Mama’s Creations from $9.00 to $10.00 and gave the stock a “buy” rating in a report on Wednesday. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $10.00.

Check Out Our Latest Stock Report on Mama’s Creations

Mama’s Creations Company Profile

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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.

See Also

Earnings History for Mama's Creations (NASDAQ:MAMA)

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