MTY Food Group Inc. (TSE:MTY) Receives Average Rating of “Hold” from Analysts

Shares of MTY Food Group Inc. (TSE:MTY) have been given an average rating of “Hold” by the seven research firms that are covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is C$54.43.

Separately, National Bankshares upped their price target on MTY Food Group from C$53.00 to C$54.00 in a report on Thursday, September 26th.

MTY Food Group Trading Down 2.5 %

Shares of MTY Food Group stock opened at C$46.69 on Thursday. The business has a fifty day simple moving average of C$46.76 and a 200-day simple moving average of C$45.29. The firm has a market cap of C$1.10 billion, a price-to-earnings ratio of 11.76, a price-to-earnings-growth ratio of 0.75 and a beta of 1.95. MTY Food Group has a fifty-two week low of C$40.45 and a fifty-two week high of C$59.80. The company has a quick ratio of 0.57, a current ratio of 0.61 and a debt-to-equity ratio of 142.40.

MTY Food Group (TSE:MTY) last posted its quarterly earnings data on Friday, October 11th. The company reported C$1.46 earnings per share for the quarter, beating the consensus estimate of C$1.04 by C$0.42. MTY Food Group had a net margin of 8.30% and a return on equity of 11.77%. The company had revenue of C$292.75 million during the quarter, compared to analyst estimates of C$300.60 million. On average, equities analysts forecast that MTY Food Group will post 4.4909091 EPS for the current fiscal year.

MTY Food Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, November 15th were paid a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 2.40%. The ex-dividend date of this dividend was Tuesday, November 5th. MTY Food Group’s dividend payout ratio (DPR) is currently 28.21%.

MTY Food Group Company Profile

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 a multitude of banners. The company was formerly known as iNsu Innovations Group Inc and changed its name to MTY Food Group Inc in July 2003.