Research that Identifies
Undiscovered Value in the MicroCap Market



MAMAMANCINI'S HOLDINGS, INC.

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Market Data: Yahoo Finance, Bloomberg, SEC Filings

Report Link: Updated Research Report (Dated 04/23/2021)

Symbol: MMMB

Analyst: Howard Halpern

Taglich Rating: Speculative Buy

Price Target: $4.25

Time Horizon: 12 Months

Rating Established: November 20, 2017

Price When Established: $1.25

Most Recent Report: April 23, 2021

Price When Issued: $2.91


What's New

MamaMancini’s Reports 1Q22 Results

On June 14, 2021, MamaMancini’s reported 1Q22 results for the period ended April 30, 2021.

MMMB reported sales (net of slotting fees) of $10.3 million compared to $10.8 million in the year-ago period. While year-over-year sales decreased 5% due to one-time COVID-19 sales in 1Q21, sales increased 45% over the two-year period ending 1Q22.

Net income was $632,000 or $0.02 per share compared to $906,000 or $0.03 per share in 1Q21.

We forecasted 1Q22 revenue of $9.9 million and net income of $50,000 or breakeven per share.


Company Description

MamaMancini’s Holdings, Inc., headquartered in East Rutherford, NJ, is a specialty prepared foods marketer and distributor of natural, authentic Italian meatballs containing beef, turkey, chicken, and pork combined with its homemade slow cooked Italian sauce and other Italian products.


Company Reports

Updated Research Report (Dated 04/23/2021)

Updated Research Report (Dated 12/16/2020)

Updated Research Report (Dated 09/17/2020)

Updated Research Report (Dated 06/18/2020)

Updated Research Report (Dated 05/04/2020)

Updated Research Note (Dated 02/05/2020)

Updated Research Report (Dated 12/10/2019)

Updated Research Note (Dated 10/01/2019)

Updated Research Report (Dated 09/17/2019)

Updated Research Report (Dated 06/19/2019)

Updated Research Report (Dated 05/03/2019)

Updated Research Report (Dated 12/14/2018)

Updated Research Report (Dated 09/24/2018)

Updated Research Report (Dated 06/28/2018)

Updated Research Report (Dated 05/30/2018)

Updated Research Report (Dated 12/21/2017)

Initial Research Report (Dated 11/20/2017)


Disclaimer

Please view our current disclosure and disclaimer on our most recent research report.