MTY Food Group Inc. (TSE:MTY) Given Consensus Rating of "Hold" by Analysts

Key Points

• Analysts give MTY Food Group a consensus rating of Hold (five holds, two buys) with an average 12‑month price target of C$46.00.
• The stock trades around C$40.30 with a market cap of C$920.5M, a PE of 5.99, recent quarterly EPS of C$0.98 on C$267.8M revenue, and analysts forecast roughly C$4.49 EPS for the fiscal year.
• MTY pays a quarterly dividend of C$0.37 (annualized C$1.48) for a yield of 3.7%, with an ex‑dividend date of May 5 and payment on May 15.

Shares of MTY Food Group Inc. (TSE:MTY - Get Free Report) have been assigned an average recommendation of "Hold" from the seven brokerages that are currently covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is C$46.00.

A number of research analysts have issued reports on MTY shares. TD Securities lifted their price objective on MTY Food Group from C$37.00 to C$45.00 and gave the company a "hold" rating in a research note on Friday, February 20th. National Bank Financial set a C$49.00 price objective on MTY Food Group and gave the company an "outperform" rating in a research note on Monday, April 6th. Raymond James Financial lowered their price objective on MTY Food Group from C$46.00 to C$45.00 and set a "market perform" rating for the company in a research note on Monday, April 13th. TD lowered their price objective on MTY Food Group from C$45.00 to C$42.00 and set a "hold" rating for the company in a research note on Monday, April 13th. Finally, Royal Bank Of Canada lowered their price objective on MTY Food Group from C$48.00 to C$46.00 and set a "sector perform" rating for the company in a research note on Monday, April 13th.

MTY Food Group Trading Up 0.2%

MTY opened at C$40.30 on Wednesday. The stock has a market cap of C$920.49 million, a PE ratio of 5.99, a PEG ratio of 0.75 and a beta of 0.90. The company has a quick ratio of 0.57, a current ratio of 0.69 and a debt-to-equity ratio of 127.62. The business has a 50 day moving average of C$39.63 and a 200-day moving average of C$38.79. MTY Food Group has a 52 week low of C$32.92 and a 52 week high of C$46.36.

MTY Food Group (TSE:MTY - Get Free Report) last released its earnings results on Friday, April 10th. The company reported C$0.98 EPS for the quarter. The company had revenue of C$267.77 million during the quarter. MTY Food Group had a return on equity of 18.59% and a net margin of 13.14%. Equities research analysts predict that MTY Food Group will post 4.4909091 earnings per share for the current fiscal year.

MTY Food Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Friday, May 15th will be paid a dividend of $0.37 per share. The ex-dividend date is Tuesday, May 5th. This represents a $1.48 dividend on an annualized basis and a yield of 3.7%. MTY Food Group's payout ratio is presently 20.21%.

About MTY Food Group

MTY Food Group Inc is a franchisor in the quick service and casual dining food industry. Its activities consist of franchising and operating corporate-owned locations as well as the sale of retail products under a multitude of banners. The company's operating segment is based on geographical regions namely Canada and US and International. It generates maximum revenue from Canada. The company brands include Big Smoke Burger, Cafe Depot, Country Style, Croissant Plus, Cultures, Extremepita, Fabrika, Jus Jugo Juice, Koya Japan, ManchuWok, Muffin plus, Valentine, Van Houtte, Shushiman and others.

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