Q1 2017 Earnings Estimate for MAM Software Group Inc. Issued By B. Riley (MAMS)
MAM Software Group Inc. (NASDAQ:MAMS) – Equities researchers at B. Riley lowered their Q1 2017 EPS estimates for MAM Software Group in a research note issued to investors on Thursday. B. Riley analyst S. Sherbetchyan now forecasts that the brokerage will earn $0.03 per share for the quarter, down from their prior estimate of $0.06. B. Riley currently has a “Neutral” rating and a $6.00 target price on the stock. B. Riley also issued estimates for MAM Software Group’s Q2 2017 earnings at $0.03 EPS, Q3 2017 earnings at $0.04 EPS, Q4 2017 earnings at $0.06 EPS, FY2017 earnings at $0.15 EPS, Q1 2018 earnings at $0.05 EPS, Q2 2018 earnings at $0.05 EPS, Q3 2018 earnings at $0.05 EPS, Q4 2018 earnings at $0.06 EPS and FY2018 earnings at $0.21 EPS.
Separately, Zacks Investment Research raised MAM Software Group from a “sell” rating to a “hold” rating in a report on Tuesday, July 19th.
MAM Software Group (NASDAQ:MAMS) opened at 6.03 on Friday. The company’s 50-day moving average price is $5.99 and its 200 day moving average price is $5.96. MAM Software Group has a one year low of $5.10 and a one year high of $7.48. The firm has a market capitalization of $74.77 million, a PE ratio of 21.54 and a beta of 0.11.
MAM Software Group (NASDAQ:MAMS) last issued its quarterly earnings data on Monday, September 26th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.05. The firm earned $8.40 million during the quarter. MAM Software Group had a return on equity of 44.21% and a net margin of 11.03%.
About MAM Software Group
MAM Software Group, Inc is a technology holding company. The Company, through its subsidiaries, provides information management solutions and services, and cloud-based software solutions for the automotive aftermarket sector of the United States, Canada, the United Kingdom and Ireland. In the United Kingdom and Ireland, the Company also provides management solutions to businesses involved in the wholesale of construction materials.
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