Armanino Foods of Distinction Inc. (OTCMKTS:AMNF) Short Interest Update

Armanino Foods of Distinction Inc. (OTCMKTS:AMNF) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 189 shares, an increase of 2,000.0% from the March 31st total of 9 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 169,242 shares, the days-to-cover ratio is presently 0.0 days.

Armanino Foods of Distinction Stock Up 0.2%

OTCMKTS:AMNF opened at $10.14 on Friday. The company has a fifty day simple moving average of $10.67 and a two-hundred day simple moving average of $10.85. The company has a market cap of $315.13 million, a price-to-earnings ratio of 17.19 and a beta of 0.12. Armanino Foods of Distinction has a 52 week low of $7.42 and a 52 week high of $12.25.

Armanino Foods of Distinction (OTCMKTS:AMNF) last posted its quarterly earnings results on Thursday, March 19th. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.13 by $0.04. The business had revenue of $19.50 million during the quarter, compared to the consensus estimate of $19.40 million. Armanino Foods of Distinction had a net margin of 24.52% and a return on equity of 48.35%. On average, analysts expect that Armanino Foods of Distinction will post 0.58 EPS for the current year.

Analysts Set New Price Targets

AMNF has been the topic of a number of research analyst reports. Lake Street Capital raised Armanino Foods of Distinction to a “strong-buy” rating in a research report on Wednesday, April 8th. Zacks Research upgraded shares of Armanino Foods of Distinction to a “hold” rating in a research note on Monday, January 26th. Finally, Roth Mkm assumed coverage on shares of Armanino Foods of Distinction in a research note on Friday, January 23rd. They issued a “buy” rating and a $15.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Armanino Foods of Distinction presently has a consensus rating of “Buy” and a consensus target price of $15.00.

Armanino Foods of Distinction Company Profile

Armanino Foods of Distinction, Inc produces and markets frozen food products in the United States. The company offers gourmet beef, Italian style beef and pork, and smoked turkey meatballs; grated parmesan and 3 cheese blend cheese; and various pesto, such as basil, artichoke, cilantro, dried tomato and garlic, roasted garlic, roasted red bell pepper, and southwest chipotle. It also provides frozen pasta, which includes beef cannelloni, cheese manicotti, cheese stuffed shells, cheese tortellini; pasta sheets, potato gnocchi, and tricolor cheese tortellini, as well as beef, butternut squash, four cheese, cheese and spinach, and wild mushroom ravioli; and various sauces, comprising creamy garlic, alfresco, Bolognese, chimichurri, harissa, and romesco.