MTY Food Group Inc. (TSE: MTY – free report) – Equities research analysts at National Bank Financial raised their estimates for MTY Food Group’s earnings per share for fiscal year 2025 in a research note issued on Tuesday, June 18. National Bank Financial analyst V. Shreedhar now expects the company to earn $3.75 per share for the year, up from his previous estimate of $3.70. The current consensus estimate for MTY Food Group’s full-year earnings is $3.68 per share.
MTY Food Group (TSE:MTY – Get free report ) released its quarterly earnings report on Friday, April 12th. The company reported C$0.71 EPS for the quarter, missing analysts’ consensus estimates of C$0.83 by C$0.12. The company’s revenue for the quarter was C$278.64 million, missing the consensus estimate of C$263.20 million. MTY Food Group had an ROE of 13.23% and a net margin of 8.86%.
Several other equities analysts have also recently commented on the company. CIBC lowered their price target for MTY Food Group from C$62.00 to C$53.00 and set an “outperform” rating on the stock in a research report on Monday, April 15th. Acumen Capital lowered their price target for MTY Food Group from C$75.00 to C$65.00 and set a “buy” rating on the stock in a research report on Monday, April 15th. Royal Bank of Canada lowered their price target for MTY Food Group from C$58.00 to C$51.00 and set a “sector perform” rating on the stock in a research report on Monday, April 15th. National Bankshares lowered their price target for MTY Food Group from C$57.00 to C$52.00 and set an “outperform” rating on the stock in a research report on Wednesday. Finally, TD Securities lowered their target price on shares of MTY Food Group from C$59.00 to C$49.00 and gave the company a “hold” rating in a research report on Monday, April 15. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating. According to MarketBeat data, the company has an average rating of “hold” and an average target price of C$53.57.
Get the latest MTY stock price report
MTY Food Group shares fell 1.0%
MTY shares opened trading at C$43.25 on Friday. The stock has a market capitalization of C$1.05 billion, a P/E ratio of 10.27, a P/G ratio of 0.75 and a beta of 1.98. The company has a current ratio of 0.61, a quick ratio of 0.57 and a debt-to-equity ratio of 154.98. The company’s 50-day moving average is C$46.09 and its 200-day moving average is C$50.85. MTY Food Group’s low in the past 12 months is C$43.10 and its high in the past 12 months is C$68.60.
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 was Thursday, May 2nd. This equates to an annualized dividend of $1.12, for a dividend yield of 2.59%. MTY Food Group’s dividend payout ratio is currently 26.60%.
About MTY Food Group
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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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