According to Zacks, “MamaMancini’s Holding’s, Inc. is involved in manufacturing & distributing of food products primarily in the United States. It offers beef meatballs with sauce, turkey meatballs with sauce, chicken meatballs with sauce, pork meatballs with sauce and other similar Italian products. The company sells its products to supermarket and mass market retailers. MamaMancini’s Holding’s, Inc. is based in East Rutherford, New Jersey. “
Several other research firms also recently weighed in on MMMB. Taglich Brothers restated a “speculative buy” rating on shares of Mamamancini’s in a report on Tuesday, October 1st. ValuEngine raised shares of Mamamancini’s from a “strong sell” rating to a “sell” rating in a research note on Wednesday, November 20th.
Mamamancini’s (OTCMKTS:MMMB) last issued its earnings results on Thursday, September 12th. The company reported $0.01 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.01. Mamamancini’s had a negative return on equity of 125.89% and a net margin of 3.76%. The business had revenue of $8.10 million during the quarter. As a group, sell-side analysts anticipate that Mamamancini’s will post 0.06 EPS for the current fiscal year.
Mamamancini’s Company Profile
MamaMancini's Holdings, Inc manufactures and distributes prepared, frozen, and refrigerated food products primarily in the United States. The company offers beef, turkey, chicken, and pork meatballs with sauce; meatloaf and Italian entrees; and meats and sauces. It sells its products through a commission broker network to supermarkets and mass-market retailers, and food distributors.
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