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

MTY Food Group Inc. (TSE:MTY - Get Free Report) has been given an average rating of "Hold" by the seven analysts that are presently covering the firm, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is C$54.43.

Several equities analysts have commented on MTY shares. National Bankshares increased their price target on shares of MTY Food Group from C$53.00 to C$54.00 in a research note on Thursday, September 26th. TD Securities increased their price target on shares of MTY Food Group from C$49.00 to C$51.00 in a research note on Friday, July 12th. Finally, Royal Bank of Canada increased their price target on shares of MTY Food Group from C$51.00 to C$53.00 in a research note on Friday, July 12th.

MTY Food Group Stock Down 1.0 %

TSE:MTY traded down C$0.46 during mid-day trading on Wednesday, hitting C$46.40. The stock had a trading volume of 42,568 shares, compared to its average volume of 49,148. The stock has a 50-day simple moving average of C$44.51 and a two-hundred day simple moving average of C$45.34. The company has a market capitalization of C$1.10 billion, a PE ratio of 11.56, a PEG ratio of 0.75 and a beta of 1.95. MTY Food Group has a twelve month low of C$40.45 and a twelve month high of C$59.80. 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 (TSE:MTY - Get Free Report) last issued its earnings results on Friday, October 11th. The company reported C$1.46 earnings per share for the quarter, beating the consensus estimate 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%. On average, equities research analysts anticipate that MTY Food Group will post 4.4909091 EPS for the current year.

MTY Food Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Tuesday, November 5th will be given a dividend of $0.28 per share. The ex-dividend date is Tuesday, November 5th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.41%. MTY Food Group's dividend payout ratio (DPR) is presently 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.