Jump Financial LLC Acquires Shares of 65,800 Mama’s Creations, Inc. (NASDAQ:MAMA)

Jump Financial LLC bought a new position in Mama’s Creations, Inc. (NASDAQ:MAMA) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 65,800 shares of the company’s stock, valued at approximately $323,000.

Separately, Thompson Siegel & Walmsley LLC bought a new position in Mama’s Creations in the fourth quarter worth about $3,389,000. Hedge funds and other institutional investors own 45.18% of the company’s stock.

Wall Street Analysts Forecast Growth

MAMA has been the topic of several research reports. Roth Capital reaffirmed a “buy” rating on shares of Mama’s Creations in a research report on Thursday, February 1st. Lake Street Capital lifted their price target on Mama’s Creations from $6.00 to $7.00 and gave the company a “buy” rating in a research report on Thursday, April 25th. Roth Mkm reiterated a “buy” rating and issued a $6.50 price objective (up previously from $6.00) on shares of Mama’s Creations in a report on Thursday, April 25th. Finally, TheStreet upgraded shares of Mama’s Creations from a “c+” rating to a “b-” rating in a report on Thursday, February 22nd. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $7.88.

Mama’s Creations Stock Performance

Shares of MAMA opened at $6.88 on Friday. The company has a quick ratio of 1.21, a current ratio of 1.41 and a debt-to-equity ratio of 0.32. The stock has a market cap of $257.90 million, a P/E ratio of 38.22 and a beta of 1.04. The business’s 50 day moving average price is $5.59 and its 200-day moving average price is $4.81. Mama’s Creations, Inc. has a 52 week low of $2.28 and a 52 week high of $7.02.

Mama’s Creations (NASDAQ:MAMA) last announced its quarterly earnings data on Wednesday, April 24th. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. Mama’s Creations had a return on equity of 39.00% and a net margin of 6.35%. The business had revenue of $26.73 million during the quarter, compared to analysts’ expectations of $25.07 million. Equities research analysts anticipate that Mama’s Creations, Inc. will post 0.15 earnings per share for the current fiscal year.

Mama’s Creations 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.