Mama’s Creations (MAMA) to Release Earnings on Wednesday

Mama’s Creations (NASDAQ:MAMA) is scheduled to be releasing its earnings data after the market closes on Wednesday, April 24th. Analysts expect Mama’s Creations to post earnings of $0.03 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Mama’s Creations Stock Up 5.4 %

MAMA opened at $5.11 on Monday. The firm’s 50-day simple moving average is $4.85 and its 200-day simple moving average is $4.40. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.24 and a current ratio of 1.42. Mama’s Creations has a twelve month low of $1.80 and a twelve month high of $5.57. The firm has a market cap of $191.37 million, a price-to-earnings ratio of 25.55 and a beta of 1.08.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on MAMA. Roth Mkm began coverage on shares of Mama’s Creations in a report on Thursday, February 1st. They issued a “buy” rating and a $6.00 target price on the stock. TheStreet raised shares of Mama’s Creations from a “c+” rating to a “b-” rating in a report on Thursday, February 22nd. Finally, Roth Capital reaffirmed a “buy” rating on shares of Mama’s Creations in a report on Thursday, February 1st. Four analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $7.25.

Institutional Investors Weigh In On Mama’s Creations

A number of hedge funds have recently added to or reduced their stakes in MAMA. Vanguard Group Inc. bought a new stake in Mama’s Creations during the 4th quarter worth about $7,043,000. Dimensional Fund Advisors LP bought a new stake in Mama’s Creations during the 4th quarter worth about $1,470,000. Stifel Financial Corp bought a new stake in Mama’s Creations during the 4th quarter worth about $431,000. Northern Trust Corp bought a new stake in Mama’s Creations during the 4th quarter worth about $267,000. Finally, Quadrature Capital Ltd bought a new position in shares of Mama’s Creations in the 4th quarter valued at about $182,000. Institutional investors own 45.18% of the company’s stock.

About Mama’s Creations

Mama's Creations, Inc 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.