MTY Food Group (TSE:MTY – Get Free Report ) is scheduled to release its quarterly earnings data before the market opens on Thursday, July 11. Analysts expect the company to report earnings of C$0.99 per share for the quarter.
MTY Food Group (TSE:MTY – Get free report ) last released its quarterly earnings data on Friday, April 12. The company reported C$0.71 EPS for the quarter, missing analysts’ consensus estimates of C$0.83 by C$0.12. MTY Food Group had a return on equity of 13.23% and a net margin of 8.86%. The company’s revenue for the quarter was C$278.64 million, missing the consensus estimate of C$263.20 million.
MTY Food Group Price Trends
MTY Food Group’s shares opened at C$43.22 on Tuesday. The stock’s 50-day moving average price is C$45.39 and 200-day moving average price is C$50.19. MTY Food Group’s one-year low is C$43.02 and high is C$68.60. The company’s debt-to-equity ratio is 154.98, current ratio is 0.61 and quick ratio is 0.57. The company has a market capitalization of C$1.04 billion, a PE ratio of 10.27, a price-to-earnings-growth ratio of 0.75 and a beta of 1.98.
MTY Food Group Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, May 15th. Shareholders of record on Wednesday, May 15th were paid a dividend of $0.28 per share. The ex-dividend date is Thursday, May 2nd. This equates to a dividend of $1.12 on an annualized basis, or a yield of 2.59%. MTY Food Group’s dividend payout ratio (DPR) is currently 26.60%.
Wall Street analysts predict growth
MTY has been featured in a number of research reports recently. TD Securities lowered their target price on MTY Food Group from C$59.00 to C$49.00 and set a “hold” rating on the stock in a research note on Monday, April 15th. Scotiabank lowered their target price on MTY Food Group from C$55.00 to C$50.00 and set a “sector perform” rating on the stock in a report on Monday, April 15th. Royal Bank of Canada lowered their target price on MTY Food Group from C$58.00 to C$51.00 and set a “sector perform” rating on the stock in a report on Monday, April 15th. Acumen Capital lowered their target price on MTY Food Group from C$75.00 to C$65.00 and set a “buy” rating on the stock in a report on Monday, April 15th. Finally, Raymond James lowered their target price on MTY Food Group from C$60.00 to C$55.00 in a report on Tuesday, April 16th. Four analysts have rated the stock with a hold rating and three have given a buy rating. According to MarketBeat.com data, the company has a consensus rating of “hold” and an average target price of C$53.57.
View the latest stock analysis for MTY
About MTY Food Group
(Get your free report)
MTY Food Group Inc operates and franchises quick service, fast casual and casual dining restaurants in Canada, the United States and internationally. It also sells retail products under various brands. The company was formerly known as iNsu Innovations Group Inc and changed its name to MTY Food Group Inc in July 2003.
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