MAM Software Group Inc. (MAMS) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of MAM Software Group Inc. (NASDAQ:MAMS) have been given an average broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating.

Analysts have set a one year consensus price target of $9.00 for the company and are expecting that the company will post $0.07 EPS for the current quarter, according to Zacks. Zacks has also given MAM Software Group an industry rank of 60 out of 255 based on the ratings given to related companies.

A number of brokerages recently issued reports on MAMS. Zacks Investment Research upgraded shares of MAM Software Group from a “sell” rating to a “hold” rating in a research note on Thursday, March 21st. B. Riley set a $9.00 price target on shares of MAM Software Group and gave the stock a “hold” rating in a research note on Thursday, February 14th.

Shares of NASDAQ:MAMS opened at $8.51 on Wednesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.09 and a quick ratio of 1.07. The firm has a market capitalization of $107.14 million, a P/E ratio of 25.79 and a beta of 0.28. MAM Software Group has a 12-month low of $6.53 and a 12-month high of $9.26.

MAM Software Group (NASDAQ:MAMS) last issued its quarterly earnings results on Monday, February 11th. The technology company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.01. The business had revenue of $8.96 million during the quarter, compared to analyst estimates of $9.46 million. MAM Software Group had a net margin of 11.09% and a return on equity of 28.81%. Equities research analysts predict that MAM Software Group will post 0.29 earnings per share for the current year.

MAM Software Group Company Profile

MAM Software Group, Inc, through its subsidiaries, provides software, information, and e-commerce and related services to businesses engaged in the automotive aftermarket in the United States, Canada, the United Kingdom, and Ireland. The company offers business management systems, including its proprietary software applications, implementation and training, and third-party hardware and peripherals; and information products, such as an accessible catalog database related to parts, tires, labor estimates, scheduled maintenance, repair information, technical service bulletins, pricing, and product features and benefits.

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