Armanino Foods of Distinction Inc. (OTCMKTS:AMNF) Short Interest Update

Armanino Foods of Distinction Inc. (OTCMKTS:AMNF) was the target of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 984 shares, a decline of 67.4% from the April 30th total of 3,021 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 198,962 shares, the short-interest ratio is presently 0.0 days.

Analyst Ratings Changes

Separately, Lake Street Capital upgraded shares of Armanino Foods of Distinction to a “strong-buy” rating in a research note on Wednesday, April 8th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Armanino Foods of Distinction currently has an average rating of “Buy” and an average target price of $15.00.

Armanino Foods of Distinction Stock Performance

Shares of Armanino Foods of Distinction stock opened at $10.72 on Monday. The company has a fifty day moving average of $10.33 and a 200 day moving average of $10.88. Armanino Foods of Distinction has a fifty-two week low of $7.71 and a fifty-two week high of $12.25. The company has a market capitalization of $333.20 million, a P/E ratio of 17.29 and a beta of 0.08.

Armanino Foods of Distinction (OTCMKTS:AMNF) last released its quarterly earnings data on Thursday, March 19th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.13 by $0.04. Armanino Foods of Distinction had a net margin of 25.06% and a return on equity of 47.01%. The business had revenue of $19.50 million during the quarter, compared to the consensus estimate of $19.40 million. Analysts forecast that Armanino Foods of Distinction will post 0.61 EPS for the current year.

Armanino Foods of Distinction Company Profile

Armanino Foods of Distinction, Inc produces and markets frozen food products in the United States. The company offers gourmet beef, Italian style beef and pork, and smoked turkey meatballs; grated parmesan and 3 cheese blend cheese; and various pesto, such as basil, artichoke, cilantro, dried tomato and garlic, roasted garlic, roasted red bell pepper, and southwest chipotle. It also provides frozen pasta, which includes beef cannelloni, cheese manicotti, cheese stuffed shells, cheese tortellini; pasta sheets, potato gnocchi, and tricolor cheese tortellini, as well as beef, butternut squash, four cheese, cheese and spinach, and wild mushroom ravioli; and various sauces, comprising creamy garlic, alfresco, Bolognese, chimichurri, harissa, and romesco.