MTY Food Group Inc. (TSE:MTY) Receives C$54.43 Consensus PT from Analysts

MTY Food Group Inc. (TSE:MTY) has been assigned a consensus rating of “Hold” from the seven brokerages that are covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is C$54.43.

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

MTY Food Group Stock Performance

Shares of MTY opened at C$47.60 on Thursday. The stock has a market capitalization of C$1.12 billion, a PE ratio of 11.99, a price-to-earnings-growth ratio of 0.75 and a beta of 1.95. The business’s fifty day moving average price is C$46.70 and its 200 day moving average price is C$45.23. The company has a debt-to-equity ratio of 142.40, a current ratio of 0.61 and a quick ratio of 0.57. MTY Food Group has a 12-month low of C$40.45 and a 12-month high of C$59.80.

MTY Food Group (TSE:MTY) last issued its earnings results on Friday, October 11th. The company reported C$1.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$1.04 by C$0.42. The firm had revenue of C$292.75 million for the quarter, compared to analysts’ expectations of C$300.60 million. MTY Food Group had a net margin of 8.30% and a return on equity of 11.77%. Equities research analysts forecast that MTY Food Group will post 4.4909091 EPS for the current year.

MTY Food Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, November 15th were paid a $0.28 dividend. The ex-dividend date of this dividend was Tuesday, November 5th. This represents a $1.12 dividend on an annualized basis and a yield of 2.35%. MTY Food Group’s dividend payout ratio 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.