MTY Food Group Inc. (TSE:MTY) Given Consensus Recommendation of "Hold" by Brokerages

Shares of MTY Food Group Inc. (TSE:MTY - Get Free Report) have been assigned an average recommendation of "Hold" from the seven ratings firms that are covering the company, MarketBeat.com reports. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is C$54.43.

Separately, National Bankshares upped 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 Trading Down 0.9 %

Shares of MTY opened at C$46.33 on Friday. The company's fifty day simple moving average is C$45.15 and its 200-day simple moving average is C$45.22. The company has a market cap of C$1.09 billion, a P/E ratio of 11.67, a P/E/G ratio of 0.75 and a beta of 1.95. The company has a current ratio of 0.61, a quick ratio of 0.57 and a debt-to-equity ratio of 142.40. MTY Food Group has a twelve month low of C$40.45 and a twelve month high of C$59.80.

MTY Food Group (TSE:MTY - Get Free Report) last announced its quarterly earnings data on Friday, October 11th. The company reported C$1.46 earnings per share (EPS) for the quarter, topping the consensus estimate of C$1.04 by C$0.42. The business had revenue of C$292.75 million during the quarter, compared to the consensus estimate of C$300.60 million. MTY Food Group had a net margin of 8.30% and a return on equity of 11.77%. As a group, analysts expect that MTY Food Group will post 4.4909091 EPS for the current year.

MTY Food Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Friday, November 15th were paid a dividend of $0.28 per share. The ex-dividend date was Tuesday, November 5th. This represents a $1.12 annualized dividend and a dividend yield of 2.42%. 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.