Armanino Foods of Distinction (OTCMKTS:AMNF) Rating Increased to Hold at Zacks Research

Zacks Research upgraded shares of Armanino Foods of Distinction (OTCMKTS:AMNF) to a hold rating in a research report sent to investors on Monday,Zacks.com reports.

Separately, Roth Mkm initiated coverage on shares of Armanino Foods of Distinction in a research note on Friday, January 23rd. They issued a “buy” rating and a $15.00 price target for the company. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $15.00.

Armanino Foods of Distinction Stock Down 0.8%

Shares of Armanino Foods of Distinction stock traded down $0.10 on Monday, reaching $11.90. The company’s stock had a trading volume of 423 shares, compared to its average volume of 33,629. The company has a market capitalization of $369.85 million, a P/E ratio of 21.64 and a beta of 0.10. Armanino Foods of Distinction has a 52-week low of $7.10 and a 52-week high of $12.25. The stock has a 50-day moving average price of $11.19 and a 200-day moving average price of $10.12.

Armanino Foods of Distinction (OTCMKTS:AMNF) last issued its quarterly earnings results on Tuesday, November 11th. The company reported $0.15 EPS for the quarter. Armanino Foods of Distinction had a return on equity of 48.19% and a net margin of 23.65%.The firm had revenue of $19.65 million during the quarter.

About Armanino Foods of Distinction

Armanino Foods of Distinction, Inc (OTCMKTS:AMNF) is a U.S.-based food manufacturer specializing in cheese- and dairy-based products. Its product portfolio encompasses processed cheeses, cream cheeses, shredded and grated cheeses, dips, spreads and flavored cheese seasonings. Armanino Foods serves private-label customers, foodservice operators and industrial food producers, offering custom formulation and co-packing solutions to meet diverse market requirements.

Headquartered in Missouri, Armanino Foods operates multiple manufacturing facilities equipped for large-scale dairy processing, blending and packaging.