National Bank Financial Comments on MTY Food Group Inc.'s FY2025 Earnings (TSE:MTY)

MTY Food Group Inc. (TSE:MTY - Free Report) - Research analysts at National Bank Financial increased their FY2025 earnings per share estimates for shares of MTY Food Group in a research report issued to clients and investors on Sunday, April 14th. National Bank Financial analyst V. Shreedhar now expects that the company will post earnings of $3.70 per share for the year, up from their previous forecast of $3.55. The consensus estimate for MTY Food Group's current full-year earnings is $4.04 per share.

Other equities research analysts also recently issued research reports about the company. TD Securities dropped their target price on 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. Acumen Capital dropped their price objective on MTY Food Group from C$75.00 to C$65.00 and set a "buy" rating for the company in a report on Monday. CIBC dropped their price objective on MTY Food Group from C$62.00 to C$53.00 and set an "outperform" rating for the company in a report on Monday. National Bankshares decreased their target price on MTY Food Group from C$59.00 to C$57.00 and set an "outperform" rating for the company in a research note on Monday. Finally, Royal Bank of Canada decreased their target price on MTY Food Group from C$58.00 to C$51.00 and set a "sector perform" rating for the company in a research note on Monday. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of C$54.29.

MTY Food Group Price Performance

MTY Food Group stock traded down C$0.19 on Wednesday, reaching C$46.79. The company's stock had a trading volume of 35,434 shares, compared to its average volume of 51,329. The company has a debt-to-equity ratio of 154.98, a quick ratio of 0.57 and a current ratio of 0.61. The company has a market cap of C$1.13 billion, a price-to-earnings ratio of 11.01, a PEG ratio of 0.75 and a beta of 1.98. The business's fifty day moving average price is C$51.47 and its 200 day moving average price is C$53.09. MTY Food Group has a twelve month low of C$44.48 and a twelve month high of C$68.60.

MTY Food Group (TSE:MTY - Get Free Report) last announced its quarterly earnings results on Friday, April 12th. The company reported C$0.71 EPS for the quarter, missing the consensus estimate of C$0.83 by C($0.12). The company had revenue of C$278.64 million during the quarter, compared to analyst estimates of C$263.20 million. MTY Food Group had a net margin of 8.86% and a return on equity of 13.23%.

MTY Food Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Friday, May 3rd will be paid a $0.28 dividend. The ex-dividend date is Thursday, May 2nd. This represents a $1.12 annualized dividend and a yield of 2.39%. MTY Food Group's dividend payout ratio is 24.24%.

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.