MTY Food Group Inc. (TSE:MTY - Get Free Report)'s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$45.23 and traded as high as C$46.99. MTY Food Group shares last traded at C$46.33, with a volume of 18,188 shares changing hands.
Analyst Ratings Changes
Separately, National Bankshares increased their price objective on shares of MTY Food Group from C$53.00 to C$54.00 in a research note on Thursday, September 26th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and an average price target of C$54.43.
Read Our Latest Research Report on MTY Food Group
MTY Food Group Trading Down 0.9 %
The stock has a market cap of C$1.09 billion, a PE ratio of 11.67, a PEG ratio of 0.75 and a beta of 1.95. The company has a debt-to-equity ratio of 142.40, a quick ratio of 0.57 and a current ratio of 0.61. The business has a 50-day moving average of C$45.15 and a 200 day moving average of C$45.22.
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, 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 business had revenue of C$292.75 million for the quarter, compared to the consensus estimate of C$300.60 million. Equities research analysts predict that MTY Food Group Inc. will post 4.4909091 EPS for the current fiscal year.
MTY Food Group Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, November 15th were paid a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a yield of 2.42%. The ex-dividend date was Tuesday, November 5th. MTY Food Group's payout ratio is 28.21%.
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 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.
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