MamaMancini’s Holdings, Inc. Expected to Post FY2022 Earnings of $0.08 Per Share (OTCMKTS:MMMB)

MamaMancini’s Holdings, Inc. (OTCMKTS:MMMB) – Stock analysts at Taglich Brothers reduced their FY2022 EPS estimates for shares of MamaMancini’s in a research note issued on Wednesday, September 15th. Taglich Brothers analyst H. Halpern now expects that the company will earn $0.08 per share for the year, down from their previous forecast of $0.09. Taglich Brothers also issued estimates for MamaMancini’s’ Q4 2022 earnings at $0.03 EPS.

MamaMancini’s (OTCMKTS:MMMB) last announced its earnings results on Wednesday, September 8th. The company reported $0.01 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.01. MamaMancini’s had a return on equity of 33.99% and a net margin of 8.37%.

Separately, Zacks Investment Research raised MamaMancini’s from a “sell” rating to a “hold” rating in a report on Thursday, June 24th.

MMMB stock opened at $2.41 on Friday. MamaMancini’s has a twelve month low of $1.66 and a twelve month high of $4.21. The company has a quick ratio of 1.92, a current ratio of 2.25 and a debt-to-equity ratio of 0.04. The firm has a market cap of $86.09 million, a PE ratio of 24.10 and a beta of 1.42. The business has a 50 day moving average of $2.65 and a 200 day moving average of $2.65.

About MamaMancini’s

MamaMancini’s Holdings, Inc engages in the marketing of specialty prepared, frozen, and refrigerated foods for sale in retailers. Its products include meatballs with Italian sauce, meatloaf, and Italian entrees as well as beef, turkey, chicken, and pork. The company was founded by Daniel Dougherty and Daniel Mancini on July 22, 2009 and is headquartered in East Rutherford, NJ.

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Earnings History and Estimates for MamaMancini`s (OTCMKTS:MMMB)

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