Mama's Creations (MAMA) to Release Quarterly Earnings on Tuesday

Mama's Creations (NASDAQ:MAMA - Get Free Report) will be posting its quarterly earnings results after the market closes on Tuesday, September 10th. Analysts expect Mama's Creations to post earnings of $0.02 per share for the quarter. Individual interested in participating in the company's earnings conference call can do so using this link.

Mama's Creations (NASDAQ:MAMA - Get Free Report) last issued its earnings results on Tuesday, June 11th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.01). Mama's Creations had a return on equity of 31.02% and a net margin of 5.19%. The company had revenue of $29.84 million during the quarter, compared to analyst estimates of $26.10 million. On average, analysts expect Mama's Creations to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Mama's Creations Stock Performance

Shares of MAMA traded up $0.09 during midday trading on Tuesday, hitting $8.10. 259,519 shares of the stock traded hands, compared to its average volume of 348,948. The business's 50 day moving average price is $7.62 and its two-hundred day moving average price is $6.38. The firm has a market capitalization of $301.81 million, a PE ratio of 54.00 and a beta of 1.09. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.21 and a current ratio of 1.37. Mama's Creations has a 1-year low of $3.31 and a 1-year high of $8.69.

Wall Street Analyst Weigh In

Several research firms have commented on MAMA. Roth Mkm restated a "buy" rating and issued a $8.50 target price (up previously from $6.50) on shares of Mama's Creations in a research report on Wednesday, June 12th. Lake Street Capital increased their price objective on 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 Mama's Creations from $8.00 to $9.00 and gave the company a "buy" rating in a research report on Wednesday, June 12th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has an average rating of "Buy" and an average target price of $9.38.

Mama's Creations Company Profile

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.