MTY Food Group Inc. (TSE:MTY - Get Free Report) Senior Officer Renee St-Onge acquired 325 shares of MTY Food Group stock in a transaction dated Friday, April 19th. The shares were acquired at an average price of C$46.14 per share, with a total value of C$14,994.23.
MTY Food Group Stock Down 0.5 %
Shares of MTY opened at C$46.40 on Friday. The firm's 50 day moving average is C$50.78 and its 200-day moving average is C$52.93. The stock has a market capitalization of C$1.12 billion, a PE ratio of 10.92, a P/E/G ratio of 0.75 and a beta of 1.98. The company has a current ratio of 0.61, a quick ratio of 0.57 and a debt-to-equity ratio of 154.98. MTY Food Group Inc. has a 12 month low of C$44.48 and a 12 month high of C$68.60.
MTY Food Group (TSE:MTY - Get Free Report) last announced its quarterly earnings data on Friday, April 12th. The company reported C$0.71 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$0.83 by C($0.12). The firm had revenue of C$278.64 million during the quarter, compared to the consensus estimate of C$263.20 million. MTY Food Group had a net margin of 8.86% and a return on equity of 13.23%. Equities research analysts forecast that MTY Food Group Inc. will post 4.0429722 EPS for the current year.
MTY Food Group Announces Dividend
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The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Investors of record on Friday, May 3rd will be paid a $0.28 dividend. The ex-dividend date of this dividend is Thursday, May 2nd. This represents a $1.12 dividend on an annualized basis and a yield of 2.41%. MTY Food Group's dividend payout ratio (DPR) is 24.24%.
Wall Street Analyst Weigh In
A number of equities analysts have recently commented on MTY shares. Raymond James reduced their price objective on shares of MTY Food Group from C$60.00 to C$55.00 in a research note on Tuesday. TD Securities cut their price objective on shares of MTY Food Group from C$59.00 to C$49.00 and set a "hold" rating for the company in a research report on Monday, April 15th. CIBC cut their price objective on shares of MTY Food Group from C$62.00 to C$53.00 and set an "outperform" rating for the company in a research report on Monday, April 15th. Royal Bank of Canada cut their price objective on shares of MTY Food Group from C$58.00 to C$51.00 and set a "sector perform" rating for the company in a research report on Monday, April 15th. Finally, National Bankshares cut their price objective on shares of MTY Food Group from C$59.00 to C$57.00 and set an "outperform" rating for the company in a research report on Monday, April 15th. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, MTY Food Group presently has an average rating of "Hold" and an average price target of C$54.29.
Get Our Latest Stock Analysis on MTY
MTY Food Group Company Profile
(
Get Free Report)
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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