MTY Food Group Inc. (TSE:MTY) Receives Average Rating of "Buy" from Analysts

Shares of MTY Food Group Inc. (TSE:MTY - Get Free Report) have been given an average recommendation of "Buy" by the one analysts that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a buy recommendation. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is C$52.00.

Separately, Raymond James decreased their price objective on shares of MTY Food Group from C$55.00 to C$50.00 in a research report on Monday, April 14th.

MTY Food Group Price Performance

Shares of MTY traded down C$0.39 on Monday, reaching C$40.08. The stock had a trading volume of 55,706 shares, compared to its average volume of 71,911. The firm has a 50-day moving average of C$42.30 and a 200 day moving average of C$45.44. The company has a quick ratio of 0.57, a current ratio of 0.61 and a debt-to-equity ratio of 142.67. The firm has a market capitalization of C$934.56 million, a PE ratio of 10.01, a PEG ratio of 0.75 and a beta of 1.95. MTY Food Group has a twelve month low of C$36.79 and a twelve month high of C$53.16.

MTY Food Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, May 15th will be paid a $0.33 dividend. The ex-dividend date of this dividend is Thursday, May 1st. This represents a $1.32 annualized dividend and a yield of 3.29%. MTY Food Group's payout ratio is currently 27.97%.

About MTY Food Group

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.