Maison Solutions (NASDAQ:MSS) Posts Quarterly Earnings Results, Misses Expectations By $0.18 EPS
by Michael Walen · The Markets DailyMaison Solutions (NASDAQ:MSS – Get Free Report) released its quarterly earnings data on Tuesday. The company reported ($0.16) EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.18), Zacks reports. The firm had revenue of $29.54 million for the quarter, compared to analyst estimates of $33.10 million. Maison Solutions had a negative return on equity of 46.54% and a negative net margin of 4.89%.
Maison Solutions Stock Down 14.8%
Shares of NASDAQ:MSS opened at $0.16 on Wednesday. The company has a market capitalization of $3.15 million, a price-to-earnings ratio of -0.62 and a beta of 5.24. The company has a 50 day moving average of $0.27 and a two-hundred day moving average of $0.53. Maison Solutions has a 52-week low of $0.17 and a 52-week high of $3.96. The company has a quick ratio of 0.44, a current ratio of 0.77 and a debt-to-equity ratio of 0.67.
Institutional Investors Weigh In On Maison Solutions
A hedge fund recently bought a new stake in Maison Solutions stock. XTX Topco Ltd acquired a new position in shares of Maison Solutions Inc. (NASDAQ:MSS – Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 30,727 shares of the company’s stock, valued at approximately $27,000. XTX Topco Ltd owned about 0.16% of Maison Solutions as of its most recent SEC filing. 2.37% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
MSS has been the subject of a number of research reports. Ascendiant Capital Markets boosted their price target on Maison Solutions from $4.25 to $4.50 and gave the company a “buy” rating in a research report on Tuesday, December 30th. Weiss Ratings restated a “sell (e+)” rating on shares of Maison Solutions in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $4.50.
Check Out Our Latest Report on Maison Solutions
About Maison Solutions
Maison Solutions Inc, together with its subsidiaries, operates as the specialty grocery retailer in California. The company offers perishable products, such as meat, seafood, vegetables, and fruit; non-perishable products, including grocery products comprising cooking utensils, canned foods, Chinese and Asian seasonings and spices, and snacks, as well as liquor, cigarette, lottery, newspaper, reusable bag, non-food, and health products, and general merchandise, beauty care, pharmacy, fuel, and other items and services in its stores.