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TSE:MTL

Mullen Group (MTL) Stock Price, News & Analysis

C$13.87
-0.25 (-1.77%)
(As of 09/6/2024 05:28 PM ET)
Today's Range
C$13.86
C$14.16
50-Day Range
C$12.95
C$15.05
52-Week Range
C$12.47
C$15.71
Volume
225,544 shs
Average Volume
173,300 shs
Market Capitalization
C$1.22 billion
P/E Ratio
10.35
Dividend Yield
6.06%
Price Target
C$18.33

Mullen Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
32.2% Upside
C$18.33 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.02mentions of Mullen Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.35 out of 5 stars

MTL stock logo

About Mullen Group Stock (TSE:MTL)

Mullen Group Ltd. provides a range of trucking and logistics services in Canada and the United States. The Less-Than-Truckload segment delivers general freight consisting of smaller shipments, packages, and parcels; and pharmaceutical and package products. The Logistics & Warehousing segment offers full truckload, specialized transportation, warehousing, and fulfillment centers that handle e-commerce transactions and transload facilities for intermodal and bulk shipments; technology solutions, including transportation, inventory, and warehouse management systems; and warehousing and distribution services. The Specialized & Industrial Services segment provides specialized equipment and services to the oil and natural gas, environmental, construction, pipeline, utility, telecom, and civil industries; and specialized services comprising water management, environmental services, pipeline and civil construction, Industrial cleaning and turnaround services, fluid management, and municipal development and emergency support services, as well as drilling and drilling related services. The U.S. & International Logistics segment provides logistics services through professional representatives and station agents. This segment also owns SilverExpress, a proprietary integrated transportation management platform. Mullen Group Ltd. was founded in 1949 and is headquartered in Okotoks, Canada.

MTL Stock Price History

MTL Stock News Headlines

Trump’s weapon lurks in abandoned America
Unemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. Hopelessness abounds. And looking in, the future here looks bleak for these forgotten souls. But in a strange twist of fate, something miraculous is taking place…
Why Is Mullen Automotive Stock Rocketing Today?
TSX Ends Wild Session in Red
Mullen Group Ltd (9MU.SG)
Trump’s weapon lurks in abandoned America
Unemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. Hopelessness abounds. And looking in, the future here looks bleak for these forgotten souls. But in a strange twist of fate, something miraculous is taking place…
Mullen Automotive losses grow in second quarter
Young Lakelanders among the medals at Spring Gala
MTL:CA Mullen Group Ltd.
See More Headlines
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Company Calendar

Last Earnings
7/25/2024
Ex-Dividend for 8/15 Dividend
7/31/2024
Dividend Payable
8/15/2024
Ex-Dividend for 9/16 Dividend
8/30/2024
Today
9/07/2024
Dividend Payable
9/16/2024
Next Earnings (Estimated)
10/17/2024

Industry, Sector and Symbol

Industry
Trucking
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
7,400
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$18.33
High Stock Price Target
C$22.00
Low Stock Price Target
C$16.50
Potential Upside/Downside
+32.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
8 Analysts

Profitability

Net Income
C$123.59 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$1.96 billion
Cash Flow
C$0.08 per share
Book Value
C$11.32 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.22 billion
Optionable
Not Optionable
Beta
1.83
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Key Executives

  • Mr. Murray Kenneth Mullen (Age 68)
    Chairman, President & Senior Executive Officer
    Comp: $970k
  • Mr. Carson P. Urlacher C.A.
    CPA, Senior Accounting Officer & Interim CFO
  • Mr. Richard J. Maloney
    Senior Operating Officer
  • Ms. Joanna Kathryn Scott
    Senior Corporate Officer & General Counsel
  • Mr. Lee Hellyer
    Vice President of Operations
  • Mr. P. Stephen Clark CMA
    Senior Financial Officer (Leave of Absence)

MTL Stock Analysis - Frequently Asked Questions

How have MTL shares performed this year?

Mullen Group's stock was trading at C$14.04 at the start of the year. Since then, MTL shares have decreased by 1.2% and is now trading at C$13.87.
View the best growth stocks for 2024 here
.

How were Mullen Group's earnings last quarter?

Mullen Group Ltd. (TSE:MTL) posted its earnings results on Thursday, July, 25th. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.07. The business had revenue of $495.60 million for the quarter, compared to the consensus estimate of $490.50 million. Mullen Group had a net margin of 6.30% and a trailing twelve-month return on equity of 12.74%.

How do I buy shares of Mullen Group?

Shares of MTL stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Mullen Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Mullen Group investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET) and Wheaton Precious Metals (WPM).

This page (TSE:MTL) was last updated on 9/7/2024 by MarketBeat.com Staff

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