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

Armanino Foods of Distinction (OTCMKTS:AMNF) was upgraded by analysts at Zacks Research to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Separately, Roth Mkm started coverage on Armanino Foods of Distinction in a report on Friday. They set a “buy” rating and a $15.00 target price for the company. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $15.00.

Armanino Foods of Distinction Trading Up 1.1%

AMNF opened at $12.00 on Monday. Armanino Foods of Distinction has a 12 month low of $7.10 and a 12 month high of $12.25. The company has a market cap of $372.96 million, a PE ratio of 21.82 and a beta of 0.10. The company has a 50 day moving average of $11.19 and a 200 day moving average of $10.12.

Armanino Foods of Distinction (OTCMKTS:AMNF) last posted its earnings results on Tuesday, November 11th. The company reported $0.15 earnings per share (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 for 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.