Armanino Foods of Distinction (OTCMKTS:AMNF) Coverage Initiated at Roth Mkm

Research analysts at Roth Mkm initiated coverage on shares of Armanino Foods of Distinction (OTCMKTS:AMNF) in a report released on Friday, MarketBeat Ratings reports. The brokerage set a “buy” rating and a $15.00 price target on the stock. Roth Mkm’s price objective would indicate a potential upside of 26.58% from the stock’s previous close.

Armanino Foods of Distinction Trading Down 2.6%

AMNF stock opened at $11.85 on Friday. Armanino Foods of Distinction has a 1-year low of $7.10 and a 1-year high of $12.25. The firm has a market cap of $368.30 million, a P/E ratio of 21.55 and a beta of 0.10. The business’s 50 day moving average is $11.15 and its 200-day moving average is $10.06.

Armanino Foods of Distinction (OTCMKTS:AMNF) last posted its earnings results on Tuesday, November 11th. The company reported $0.15 EPS for the quarter. The business had revenue of $19.65 million during the quarter. Armanino Foods of Distinction had a return on equity of 48.19% and a net margin of 23.65%.

Armanino Foods of Distinction Company Profile

Armanino Foods of Distinction, Inc (OTCMKTS:AMNF) is a U.S.-based food manufacturer specializing in cheese- and dairy-based products. Its product portfolio encompasses processed cheeses, cream cheeses, shredded and grated cheeses, dips, spreads and flavored cheese seasonings. Armanino Foods serves private-label customers, foodservice operators and industrial food producers, offering custom formulation and co-packing solutions to meet diverse market requirements.

Headquartered in Missouri, Armanino Foods operates multiple manufacturing facilities equipped for large-scale dairy processing, blending and packaging.