FY2025 EPS Estimates for MTY Food Group Lowered by Analyst

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

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

MTY Food Group Price Performance

Shares of TSE:MTY traded up C$0.31 on Tuesday, reaching C$43.71. 70,303 shares of the company were exchanged, compared to its average volume of 60,134. The company has a current ratio of 0.61, a quick ratio of 0.57 and a debt-to-equity ratio of 142.67. MTY Food Group has a 1-year low of C$36.79 and a 1-year high of C$53.16. The firm has a market cap of C$1.02 billion, a price-to-earnings ratio of 10.92, a price-to-earnings-growth ratio of 0.75 and a beta of 1.95. The company has a 50-day moving average of C$42.51 and a 200-day moving average of C$43.74.

MTY Food Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Shareholders of record on Thursday, May 15th were issued a $0.33 dividend. The ex-dividend date was Thursday, May 1st. This represents a $1.32 dividend on an annualized basis and a yield of 3.02%. MTY Food Group's dividend payout ratio (DPR) is 27.97%.

About MTY Food Group

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.