Mama’s Creations (NASDAQ:MAMA) Rating Reiterated by Roth Mkm

Mama’s Creations (NASDAQ:MAMA)‘s stock had its “buy” rating reiterated by research analysts at Roth Mkm in a report issued on Thursday, Benzinga reports. They currently have a $6.50 target price on the stock, up from their prior target price of $6.00. Roth Mkm’s price target indicates a potential upside of 16.07% from the company’s previous close.

A number of other research analysts have also recently issued reports on the stock. TheStreet raised shares of Mama’s Creations from a “c+” rating to a “b-” rating in a research note on Thursday, February 22nd. Roth Capital reissued a “buy” rating on shares of Mama’s Creations in a research note on Thursday, February 1st. Four equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $7.38.

Mama’s Creations Stock Performance

Shares of MAMA traded up $0.53 during mid-day trading on Thursday, hitting $5.60. 978,843 shares of the company’s stock were exchanged, compared to its average volume of 269,529. The stock’s 50-day simple moving average is $4.89 and its 200-day simple moving average is $4.41. The firm has a market cap of $209.72 million, a price-to-earnings ratio of 28.00 and a beta of 1.08. The company has a quick ratio of 1.24, a current ratio of 1.42 and a debt-to-equity ratio of 0.42. Mama’s Creations has a 52 week low of $1.83 and a 52 week high of $5.76.

Institutional Trading of Mama’s Creations

A number of hedge funds have recently added to or reduced their stakes in MAMA. Wasatch Advisors LP acquired a new stake in Mama’s Creations in the fourth quarter valued at approximately $19,069,000. Bard Associates Inc. acquired a new stake in Mama’s Creations in the fourth quarter valued at approximately $5,688,000. Heartland Advisors Inc. acquired a new stake in Mama’s Creations in the fourth quarter valued at approximately $4,664,000. Thompson Siegel & Walmsley LLC acquired a new stake in Mama’s Creations in the fourth quarter valued at approximately $3,389,000. Finally, Rice Hall James & Associates LLC acquired a new stake in Mama’s Creations in the first quarter valued at approximately $2,121,000. Institutional investors and hedge funds 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.