Mama's Creations exceeded Q1 EPS and revenue estimates, resulting in a 'buy' rating and $9.63 target price.
Mama's Creations (NASDAQ: MAMA) reported a quarterly earnings per share (EPS) of $0.03, exceeding the $0.02 estimate. Revenue reached $28.38 million, surpassing the forecast of $27.80 million. The company has a market cap of $294.75 million and a P/E ratio of 52.73. Analysts have given the stock a "buy" rating, with target prices averaging around $9.63. Mama's Creations specializes in prepared refrigerated foods in the U.S.
September 11, 2024
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