DA Davidson Cuts Mama’s Creations (NASDAQ:MAMA) Price Target to $22.00

Mama’s Creations (NASDAQ:MAMA) had its target price trimmed by DA Davidson from $25.00 to $22.00 in a research report sent to investors on Friday morning, MarketBeat reports. The brokerage currently has a buy rating on the stock.

MAMA has been the topic of several other reports. Wall Street Zen downgraded Mama’s Creations from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. Zacks Research cut shares of Mama’s Creations from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 28th. Benchmark started coverage on shares of Mama’s Creations in a research report on Tuesday, July 21st. They set a “buy” rating and a $25.00 price objective on the stock. William Blair started coverage on shares of Mama’s Creations in a research note on Friday, July 24th. They set an “outperform” rating for the company. Finally, Weiss Ratings cut shares of Mama’s Creations from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, August 19th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $20.00.

Mama’s Creations Stock Performance

NASDAQ:MAMA opened at $15.16 on Friday. The firm has a market capitalization of $714.79 million, a P/E ratio of 89.18 and a beta of 0.56. The company has a debt-to-equity ratio of 0.03, a current ratio of 6.93 and a quick ratio of 6.48. Mama’s Creations has a one year low of $8.67 and a one year high of $21.00. The company’s 50-day simple moving average is $17.53 and its 200 day simple moving average is $16.12.

Mama’s Creations (NASDAQ:MAMA) last released its earnings results on Thursday, September 3rd. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.01. The firm had revenue of $54.58 million during the quarter, compared to analyst estimates of $52.85 million. Mama’s Creations had a net margin of 3.53% and a return on equity of 10.05%. As a group, analysts forecast that Mama’s Creations will post 0.24 EPS for the current fiscal year.

Hedge Funds Weigh In On Mama’s Creations

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Persistent Asset Partners Ltd purchased a new stake in Mama’s Creations in the second quarter worth approximately $59,000. Legal & General Group Plc bought a new position in shares of Mama’s Creations during the 2nd quarter valued at $65,000. Group One Trading LLC bought a new position in shares of Mama’s Creations during the 2nd quarter valued at $81,000. Walleye Capital LLC purchased a new position in shares of Mama’s Creations in the 2nd quarter worth $87,000. Finally, Prudential Financial Inc. purchased a new position in shares of Mama’s Creations in the 2nd quarter worth $100,000. Institutional investors own 45.18% of the company’s stock.

More Mama’s Creations News

Here are the key news stories impacting Mama’s Creations this week:

• Positive Sentiment: Quarterly results exceeded expectations: Fiscal Q2 revenue rose 55% year over year to $54.6 million, beating the $52.85 million consensus estimate, while diluted EPS of $0.06 topped expectations by $0.01 and doubled from the prior year. Mama’s Creations Reports Second Quarter Fiscal 2027 Financial Results
• Positive Sentiment: Profitability and operating leverage improved: Net income increased 101% to $2.6 million, adjusted EBITDA climbed 69% to $5.5 million, and operating expenses declined as a percentage of revenue. Management said gross margin improved sequentially and remains on track toward its mid-to-high-20% target. MAMA Q2 Earnings Beat Estimates on Retail Expansion, Bay Shore Gains
• Positive Sentiment: Retail expansion supports future growth: New and expanded placements at Costco, Kroger, Publix, Albertsons, Winn-Dixie and other retailers are broadening distribution. Costco selected Mama’s for a national promotional mailer, while the company plans its first Kroger launch in more than 100 stores.
• Positive Sentiment: Strong balance sheet enables acquisitions: Cash increased to $138.6 million, including approximately $108.6 million from a July stock offering and $11.9 million of operating cash flow. Management said the funds improve its ability to pursue accretive acquisitions aimed at its $1 billion revenue objective.
• Neutral Sentiment: Analyst remains bullish but lowered its target: DA Davidson reduced its price target from $25 to $22 while maintaining a “Buy” rating, signaling continued confidence but more cautious near-term valuation expectations. DA Davidson price target report
• Negative Sentiment: Investors may be reacting to dilution and margins: The stock offering increased shares outstanding, while gross margin declined year over year to 24.0% from 24.9%, despite improving sequentially. Operating expenses also rose in absolute dollars, primarily because of the Bay Shore acquisition. With the shares trading at a high earnings multiple, investors may have expected an even stronger outlook or clearer margin expansion.

Mama’s Creations Company Profile

Mama’s Creations, Inc engages in the marketing, manufacturing, and distribution of beef meatballs with sauce, turkey meatballs with sauce, beef meat loaf, sausage and peppers, chicken parmesan, and other similar meats and sauces. Its products include beef meatballs, turkey meatballs, stuffed meatballs, lasagna roll ups, retail ready meals, bulk deli, single-size pasta bowls, and packaged refrigerated products. Its brands include MamaMancini’s, Creative Salads, and The Olive Branch. The company was founded by Daniel Dougherty on July 22, 2009 and is headquartered in East Rutherford, NJ.