MAM Software Group (MAMS) – Research Analysts’ Weekly Ratings Changes

A number of firms have modified their ratings and price targets on shares of MAM Software Group (NASDAQ: MAMS) recently:

  • 2/14/2019 – MAM Software Group was given a new $9.00 price target on by analysts at B. Riley. They now have a “hold” rating on the stock.
  • 2/6/2019 – MAM Software Group was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $9.25 price target on the stock. According to Zacks, “MAM Software Group, Inc. develops and markets software solutions with the objective to bring competitive advantages and increased profitability to its clients and business partners. The Company is bringing its professional business management systems and e-commerce solutions to the US automotive aftermarket. The Company’s Autopart v20 software is an enterprise management solution for two step parts distributors and jobbers. It is a feature-rich, Windows-based application offering fully-integrated point-of-sale, inventory control and accounting functionality. “
  • 2/5/2019 – MAM Software Group was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “MAM Software Group, Inc. develops and markets software solutions with the objective to bring competitive advantages and increased profitability to its clients and business partners. The Company is bringing its professional business management systems and e-commerce solutions to the US automotive aftermarket. The Company’s Autopart v20 software is an enterprise management solution for two step parts distributors and jobbers. It is a feature-rich, Windows-based application offering fully-integrated point-of-sale, inventory control and accounting functionality. “
  • 1/30/2019 – MAM Software Group was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “MAM Software Group, Inc. develops and markets software solutions with the objective to bring competitive advantages and increased profitability to its clients and business partners. The Company is bringing its professional business management systems and e-commerce solutions to the US automotive aftermarket. The Company’s Autopart v20 software is an enterprise management solution for two step parts distributors and jobbers. It is a feature-rich, Windows-based application offering fully-integrated point-of-sale, inventory control and accounting functionality. “
  • 1/16/2019 – MAM Software Group was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $9.25 price target on the stock. According to Zacks, “MAM Software Group, Inc. develops and markets software solutions with the objective to bring competitive advantages and increased profitability to its clients and business partners. The Company is bringing its professional business management systems and e-commerce solutions to the US automotive aftermarket. The Company’s Autopart v20 software is an enterprise management solution for two step parts distributors and jobbers. It is a feature-rich, Windows-based application offering fully-integrated point-of-sale, inventory control and accounting functionality. “

Shares of MAM Software Group stock opened at $8.38 on Thursday. The company has a quick ratio of 1.01, a current ratio of 1.03 and a debt-to-equity ratio of 0.27. MAM Software Group Inc. has a 12 month low of $6.53 and a 12 month high of $9.26. The firm has a market cap of $99.53 million, a P/E ratio of 25.39 and a beta of 0.27.

MAM Software Group (NASDAQ:MAMS) last announced its quarterly earnings data on Monday, February 11th. The technology company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.01. MAM Software Group had a return on equity of 30.52% and a net margin of 9.08%. The business had revenue of $8.96 million during the quarter, compared to analysts’ expectations of $9.46 million. As a group, equities research analysts anticipate that MAM Software Group Inc. will post 0.3 earnings per share for the current fiscal year.

An institutional investor recently raised its position in MAM Software Group stock. BlackRock Inc. increased its stake in shares of MAM Software Group Inc. (NASDAQ:MAMS) by 345.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,152 shares of the technology company’s stock after purchasing an additional 15,632 shares during the period. BlackRock Inc. owned approximately 0.16% of MAM Software Group worth $173,000 as of its most recent SEC filing. Institutional investors and hedge funds own 39.13% of the company’s stock.

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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