Brokerages Expect MAM Software Group Inc. (MAMS) to Post $0.02 EPS
Shares of MAM Software Group Inc. (NASDAQ:MAMS) have been assigned a consensus broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating.
Brokers have set a 12 month consensus price target of $8.00 for the company and are anticipating that the company will post $0.02 EPS for the current quarter, according to Zacks. Zacks has also assigned MAM Software Group an industry rank of 107 out of 265 based on the ratings given to its competitors.
Several research firms recently weighed in on MAMS. B. Riley restated a “hold” rating and set a $8.00 price target on shares of MAM Software Group in a research report on Monday, October 2nd. Zacks Investment Research upgraded shares of MAM Software Group from a “sell” rating to a “hold” rating in a research report on Thursday.
In related news, Director William Austin Iv Lewis sold 122,000 shares of the company’s stock in a transaction dated Monday, December 18th. The shares were sold at an average price of $7.50, for a total transaction of $915,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 32.46% of the stock is owned by corporate insiders.
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About MAM Software Group
MAM Software Group, Inc (MAM) is a technology holding company. The Company is a provider of cloud-based business and on premise management solutions for the auto parts, tires and vertical distribution industries. Its segments include MAM UK and MAM NA. It operates through three subsidiaries: MAM Software, Inc (MAM NA), MAM Software Limited (MAM Ltd.) and Origin Software Solutions Ltd.
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