MTY Food Group FY2025 EPS Reduced by National Bank Financial

MTY Food Group Inc. (TSE:MTY - Free Report) - National Bank Financial lowered their FY2025 EPS estimates for MTY Food Group in a note issued to investors on Sunday, July 6th. National Bank Financial analyst V. Shreedhar now anticipates that the company will post earnings per share of $3.34 for the year, down from their prior forecast of $3.36. The consensus estimate for MTY Food Group's current full-year earnings is $4.49 per share.

A number of other equities analysts have also issued reports on MTY. Scotiabank raised MTY Food Group to a "hold" rating in a research report on Wednesday, June 18th. Royal Bank Of Canada set a C$51.00 price target on shares of MTY Food Group and gave the stock a "sector perform" rating in a research note on Thursday, May 22nd. Finally, Raymond James Financial reduced their price objective on shares of MTY Food Group from C$55.00 to C$50.00 in a research note on Monday, April 14th.

MTY Food Group Stock Down 12.8%

MTY traded down C$5.87 on Tuesday, reaching C$39.83. The company's stock had a trading volume of 313,791 shares, compared to its average volume of 62,035. MTY Food Group has a 1 year low of C$36.79 and a 1 year high of C$53.16. The business's 50 day moving average is C$42.54 and its 200 day moving average is C$43.70. The company has a debt-to-equity ratio of 142.67, a current ratio of 0.61 and a quick ratio of 0.57. The stock has a market cap of C$928.73 million, a price-to-earnings ratio of 9.95, a price-to-earnings-growth ratio of 0.75 and a beta of 1.95.

MTY Food Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Thursday, May 15th were given a $0.33 dividend. The ex-dividend date of this dividend was Thursday, May 1st. This represents a $1.32 annualized dividend and a dividend yield of 3.31%. MTY Food Group's payout ratio is 27.97%.

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.