Mama’s Creations, Inc. (NASDAQ:MAMA) Receives Consensus Recommendation of “Buy” from Analysts

Mama’s Creations, Inc. (NASDAQ:MAMA) has been given an average recommendation of “Buy” by the five ratings firms that are covering the firm, MarketBeat reports. Five equities research analysts have rated the stock with a buy recommendation. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $7.88.

A number of equities research analysts have issued reports on MAMA shares. TheStreet raised Mama’s Creations from a “c+” rating to a “b-” rating in a research report on Thursday, February 22nd. Roth Capital reaffirmed a “buy” rating on shares of Mama’s Creations in a report on Thursday, February 1st. Roth Mkm reiterated a “buy” rating and set a $6.50 price target (up previously from $6.00) on shares of Mama’s Creations in a report on Thursday, April 25th. Finally, Lake Street Capital increased their price objective on shares of Mama’s Creations from $6.00 to $7.00 and gave the company a “buy” rating in a research report on Thursday, April 25th.

Mama’s Creations Stock Down 1.8 %

Mama’s Creations stock opened at $5.89 on Thursday. The company has a market capitalization of $219.46 million, a PE ratio of 32.72 and a beta of 1.08. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.21 and a current ratio of 1.41. Mama’s Creations has a fifty-two week low of $2.08 and a fifty-two week high of $6.07. The firm has a 50 day moving average price of $4.97 and a 200 day moving average price of $4.45.

Institutional Investors Weigh In On Mama’s Creations

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Wasatch Advisors LP acquired a new stake in Mama’s Creations in the fourth quarter valued at $19,069,000. Bard Associates Inc. bought a new position in shares of Mama’s Creations during the fourth quarter worth about $5,688,000. Heartland Advisors Inc. acquired a new position in Mama’s Creations in the fourth quarter worth about $4,664,000. Thompson Siegel & Walmsley LLC acquired a new stake in Mama’s Creations during the fourth quarter valued at approximately $3,389,000. Finally, Rice Hall James & Associates LLC bought a new position in Mama’s Creations during the 1st quarter worth approximately $2,121,000. Hedge funds and other institutional investors own 45.18% of the company’s stock.

About Mama’s Creations

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.