B. Riley Analysts Lower Earnings Estimates for MAM Software Group Inc. (MAMS)
MAM Software Group Inc. (NASDAQ:MAMS) – B. Riley decreased their Q3 2017 EPS estimates for shares of MAM Software Group in a research note issued to investors on Tuesday. B. Riley analyst S. Sherbetchyan now expects that the firm will post earnings per share of $0.03 for the quarter, down from their previous estimate of $0.04. B. Riley currently has a “Neutral” rating and a $5.50 price target on the stock. B. Riley also issued estimates for MAM Software Group’s Q1 2018 earnings at $0.06 EPS, Q2 2018 earnings at $0.06 EPS, Q3 2018 earnings at $0.06 EPS, Q4 2018 earnings at $0.08 EPS and FY2018 earnings at $0.27 EPS.
Separately, Zacks Investment Research upgraded MAM Software Group from a “sell” rating to a “hold” rating in a report on Saturday, November 5th.
MAM Software Group (NASDAQ:MAMS) opened at 6.69 on Wednesday. MAM Software Group has a one year low of $5.10 and a one year high of $7.48. The firm has a market cap of $82.96 million, a P/E ratio of 23.89 and a beta of 0.07. The company has a 50-day moving average of $6.18 and a 200 day moving average of $6.07.
MAM Software Group (NASDAQ:MAMS) last issued its quarterly earnings results on Monday, November 14th. The company reported $0.10 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.03 by $0.07. MAM Software Group had a net margin of 12.19% and a return on equity of 81.30%. The company had revenue of $8.06 million for the quarter, compared to the consensus estimate of $8.07 million.
MAM Software Group Company Profile
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.
Receive News & Stock Ratings for MAM Software Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MAM Software Group Inc. and related stocks with our FREE daily email newsletter.