Mama’s Creations (MAMA) Scheduled to Post Quarterly Earnings on Wednesday

Mama’s Creations (NASDAQ:MAMA) is set to release 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.

Mama’s Creations Trading Up 1.9 %

NASDAQ MAMA traded up $0.09 during trading on Wednesday, hitting $4.78. The stock had a trading volume of 157,197 shares, compared to its average volume of 262,711. Mama’s Creations has a one year low of $1.80 and a one year high of $5.57. The stock has a 50 day simple moving average of $4.81 and a 200 day simple moving average of $4.38. The stock has a market capitalization of $179.01 million, a price-to-earnings ratio of 23.90 and a beta of 1.08. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.24 and a current ratio of 1.42.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. Roth Capital reiterated a “buy” rating on shares of Mama’s Creations in a research note on Thursday, February 1st. Roth Mkm began coverage on shares of Mama’s Creations in a research report on Thursday, February 1st. They issued a “buy” rating and a $6.00 price objective for the company. Maxim Group started coverage on shares of Mama’s Creations in a research report on Wednesday, December 20th. They set a “buy” rating and a $10.00 target price on the stock. Finally, TheStreet upgraded Mama’s Creations from a “c+” rating to a “b-” rating in a report on Thursday, February 22nd. Four equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, Mama’s Creations currently has an average rating of “Buy” and an average price target of $7.25.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Wolverine Trading LLC bought a new position in shares of Mama’s Creations during the fourth quarter valued at approximately $64,000. Bridgeway Capital Management LLC bought a new stake in Mama’s Creations during the 4th quarter valued at $110,000. Balyasny Asset Management L.P. purchased a new position in shares of Mama’s Creations in the 4th quarter valued at $124,000. Barclays PLC bought a new position in shares of Mama’s Creations in the 4th quarter worth $169,000. Finally, Quadrature Capital Ltd purchased a new stake in shares of Mama’s Creations during the 4th quarter worth $182,000. Hedge funds and other institutional investors own 45.18% of the company’s stock.

Mama’s Creations Company Profile

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.