Should I buy or sell Mitie Group stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mitie Group in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MTO shares. View MTO analyst ratings or view top-rated stocks .

What is Mitie Group's stock price target for 2024?

2 brokers have issued 1-year price objectives for Mitie Group's stock. Their MTO share price targets range from GBX 90 to GBX 125. On average, they predict the company's stock price to reach GBX 107.50 in the next twelve months. This suggests a possible upside of 6.5% from the stock's current price. View analysts price targets for MTO or view top-rated stocks among Wall Street analysts .

How have MTO shares performed in 2023?

Mitie Group's stock was trading at GBX 74.60 at the beginning of 2023. Since then, MTO stock has increased by 35.3% and is now trading at GBX 100.94. View the best growth stocks for 2023 here .

How were Mitie Group's earnings last quarter?

Mitie Group plc (LON:MTO) issued its quarterly earnings results on Thursday, June, 7th. The company reported $16.80 EPS for the quarter, beating analysts' consensus estimates of $13.40 by $3.40. Mitie Group had a net margin of 2.31% and a trailing twelve-month return on equity of 21.50%.

How often does Mitie Group pay dividends? What is the dividend yield for Mitie Group?

Mitie Group announced a dividend on Thursday, November 23rd. Shareholders of record on Thursday, December 14th will be given a dividend of GBX 1 per share on Wednesday, January 31st. This represents a dividend yield of 0.94%. The ex-dividend date of this dividend is Thursday, December 14th. The official announcement can be accessed at this link . Read our dividend analysis for MTO .

Is Mitie Group a good dividend stock?

Mitie Group (LON:MTO) pays an annual dividend of GBX 3 per share and currently has a dividend yield of 2.73%. The dividend payout ratio is 5,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for MTO .

What other stocks do shareholders of Mitie Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Mitie Group investors own include CA (CA) , BlackRock (BLK) , Endologix (ELGX) , Athabasca Oil (ATH) , Chipotle Mexican Grill (CMG) , Aegean Marine Petroleum Network (ANW) , NIC (EGOV) , ALJ Regional (ALJJ) , Gran Tierra Energy (GTE) and Precision Drilling (PD) .

How do I buy shares of Mitie Group?

Shares of MTO stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock. Compare Top Brokerages Here .

Mitie Group Share Price, News & Analysis (LON:MTO)

GBX 99.70

-2.50 (-2.45%)

(As of 06:57 AM ET)

Compare

Today's Range: 99.68
▼
102.72
50-Day Range: 93.80
▼
106.80
52-Week Range: 69.50
▼
110

Volume: 300,025 shs
Average Volume: 2.01 million shs
Market Capitalization: £1.33 billion

P/E Ratio: 1,661.67
Dividend Yield: 3.01%
Price Target: GBX 107.50

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines Insider Trades

Mitie Group MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 6.5% Upside
GBX 107.50 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.14
Based on 2 Articles This Week
Insider Trading: Selling Shares
£13.82 M Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.28 out of 5 stars

1.5

Analyst's Opinion

Consensus Rating
Mitie Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 107.50, Mitie Group has a forecasted upside of 6.5% from its current price of GBX 100.94.
Amount of Analyst Coverage
Mitie Group has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for MTO.

0.8

Dividend Strength

Dividend Yield
Mitie Group pays a meaningful dividend of 2.73%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Mitie Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Mitie Group is 5,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MTO.

1.6

News and Social Media Coverage

News Sentiment
Mitie Group has a news sentiment score of -0.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.36 average news sentiment score of Industrials companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Mitie Group this week, compared to 0 articles on an average week.
MarketBeat Follows
1 people have added Mitie Group to their MarketBeat watchlist in the last 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Mitie Group insiders have sold 354.68% more of their company's stock than they have bought. Specifically, they have bought £30,401.95 in company stock and sold £138,230.62 in company stock.
Percentage Held by Insiders
Only 9.75% of the stock of Mitie Group is held by insiders.
Percentage Held by Institutions
86.12% of the stock of Mitie Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Mitie Group is 1,682.33, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 120.26.
Price to Earnings Ratio vs. Sector
The P/E ratio of Mitie Group is 1,682.33, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 439.08.
Price to Earnings Growth Ratio
Mitie Group has a PEG Ratio of 10.10. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Mitie Group has a P/B Ratio of 3.15. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Mitie Group Stock (LON:MTO)

Mitie Group plc, together with its subsidiaries, provides strategic outsourcing services in the United Kingdom and internationally. The company operates in eight segments: Business Services, Technical Services, Central Government & Defense (CG&D), Communities, Care & Custody, Landscapes, Waste, and Spain. The company provides security services, such as manned guarding and technology-backed monitoring solutions, and fire and security systems installations; and general, specialist, and technical cleaning services in offices, buildings, transport and logistics hubs, and high-security environments. It is also involved in the provision of technology-backed engineering; maintenance, repair, and mechanical and electrical project activities; energy, carbon, and water management services; air conditioning and disinfection solutions; telecoms and energy services; and remote asset monitoring and digital workplace solutions. In addition, the company provides facilities management services across central government and defense contracts; decarbonization solutions; and engineering services. Further, it offers integrated facilities management services to public sector customers, which focuses on community environments in healthcare, schools and universities, emergency services, and local authorities; portering services; public services in immigration, criminal justice, and healthcare; horticultural and winter landscaping services; and waste reduction and treatment solutions. The company was incorporated in 1936 and is headquartered in London, the United Kingdom.

MTO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MTO Stock News Headlines

November 21, 2023 | americanbankingnews.com

Mitie Group (LON:MTO) Reaches New 12-Month High at $110.00

October 11, 2023 | lse.co.uk

Mitie halfway through buyback, raises operating profit guidance

November 29, 2023 | Autonomix (Ad)

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October 11, 2023 | marketwatch.com

Mitie Group Raises Adjusted Profit View on Margin Improvement

October 11, 2023 | msn.com

UK outsourcer Mitie forecast higher annual profit

August 11, 2023 | finance.yahoo.com

CEO & Executive Director of Mitie Group Picks Up 2.2% More Stock

June 22, 2023 | finance.yahoo.com

Is Crawford & Company (CRD.B) Stock Undervalued Right Now?

May 31, 2023 | finance.yahoo.com

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May 15, 2023 | finance.yahoo.com

A Look At The Fair Value Of Mitie Group plc (LON:MTO)

May 10, 2023 | lse.co.uk

Mitie Short Positions (MTO)

April 23, 2023 | msn.com

Mitie Group (LSE:MTO) Price Target Increased by 5.98% to 104.86

March 31, 2023 | finance.yahoo.com

Are Investors Undervaluing APi Group (APG) Right Now?

March 23, 2023 | finance.yahoo.com

Mitie Group plc (MTO.L)

February 25, 2023 | finance.yahoo.com

Mitie hunts for acquisitions to boost telecoms support business

January 15, 2023 | finance.yahoo.com

Has Mitie Group plc's (LON:MTO) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

January 11, 2023 | finance.yahoo.com

Should Value Investors Buy DCC (DCCPF) Stock?

December 19, 2022 | finance.yahoo.com

Great news for Mitie Group plc (LON:MTO): Insiders acquired stock in large numbers last year

November 20, 2022 | finance.yahoo.com

When your boss becomes your banker

November 17, 2022 | msn.com

Britain's Mitie offers workers winter support package

August 8, 2022 | finance.yahoo.com

Mitie Group plc's (LON:MTO) Stock Is Going Strong: Have Financials A Role To Play?

March 4, 2022 | nasdaq.com

UK probes outsourcer Mitie over contracts for immigration removal centres

February 27, 2022 | finance.yahoo.com

Mitie Group plc's (LON:MTO) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?

February 4, 2022 | finance.yahoo.com

Is Mitie Group PLC. (MITFY) Outperforming Other Business Services Stocks This Year?

January 28, 2022 | uk.finance.yahoo.com

This FTSE 250 penny stock was yesterday’s biggest gainer. Here’s why

January 27, 2022 | nasdaq.com

UK's Mitie hikes profit outlook as COVID contracts rise amid Omicron wave

November 10, 2021 | finance.yahoo.com

Mitie Group's (LON:MTO) investors will be pleased with their splendid 106% return over the last year

See More Headlines

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Company Calendar

Last Earnings: 6/07/2018
Today: 11/28/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: LON
Industry: Specialty Business Services
Sub-Industry: N/A
Sector: Industrials
Current Symbol: LON:MTO
CUSIP: N/A
CIK: N/A
Web: www.mitie.com
Phone: +44-117-9708800
Fax: N/A
Employees: 64,316
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: GBX 107.50
High Stock Price Target: GBX 125
Low Stock Price Target: GBX 90
Potential Upside/Downside: +5.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 0.06
Trailing P/E Ratio: 1,703.33
Forward P/E Ratio: 10.23
P/E Growth: 10.1
Net Income: £91.10 million
Net Margins: 2.31%
Pretax Margin: N/A
Return on Equity: 21.50%
Return on Assets: 4.53%

Debt

Debt-to-Equity Ratio: 67.82
Current Ratio: 0.98
Quick Ratio: 0.83

Sales & Book Value

Annual Sales: £3.94 billion
Price / Sales: 0.34
Cash Flow: GBX 28.25 per share
Price / Cash Flow: 3.62
Book Value: GBX 32 per share
Price / Book: 3.19

Miscellaneous

Outstanding Shares: 1,330,000,000
Free Float: N/A
Market Cap: £1.36 billion
Optionable: Not Optionable
Beta: 1.47

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Key Executives

Mr. Phil Bentley (Age 64)
CEO & Executive Director
Comp: $1.92M
Mr. Simon Charles Kirkpatrick (Age 45)
CFO & Executive Director
Comp: $688.7k
Cijo Joseph
Chief Technology & Information Officer
Fiona Lawrence
Group IR Director
Mr. Peter Dickinson
Chief Legal Officer
Ms. Jasmine Hudson
Chief People Officer
Ms. Alison Saunders
Managing Director
Mr. Jason Towse
Managing Director of Business Services
Mr. Tim Howell
Managing Director of Landscapes Business
Mr. Simon Venn
Managing Director of Technical Services & Chief Government Officer

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

MTO Stock Analysis - Frequently Asked Questions

Should I buy or sell Mitie Group stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mitie Group in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MTO shares.
View MTO analyst ratings or view top-rated stocks.
What is Mitie Group's stock price target for 2024?: 2 brokers have issued 1-year price objectives for Mitie Group's stock. Their MTO share price targets range from GBX 90 to GBX 125. On average, they predict the company's stock price to reach GBX 107.50 in the next twelve months. This suggests a possible upside of 6.5% from the stock's current price.
View analysts price targets for MTO or view top-rated stocks among Wall Street analysts.
How have MTO shares performed in 2023?: Mitie Group's stock was trading at GBX 74.60 at the beginning of 2023. Since then, MTO stock has increased by 35.3% and is now trading at GBX 100.94.
View the best growth stocks for 2023 here.
How were Mitie Group's earnings last quarter?: Mitie Group plc (LON:MTO) issued its quarterly earnings results on Thursday, June, 7th. The company reported $16.80 EPS for the quarter, beating analysts' consensus estimates of $13.40 by $3.40. Mitie Group had a net margin of 2.31% and a trailing twelve-month return on equity of 21.50%.

How often does Mitie Group pay dividends? What is the dividend yield for Mitie Group?: Mitie Group announced a dividend on Thursday, November 23rd. Shareholders of record on Thursday, December 14th will be given a dividend of GBX 1 per share on Wednesday, January 31st. This represents a dividend yield of 0.94%. The ex-dividend date of this dividend is Thursday, December 14th. The official announcement can be accessed at this link.
Read our dividend analysis for MTO.
Is Mitie Group a good dividend stock?: Mitie Group (LON:MTO) pays an annual dividend of GBX 3 per share and currently has a dividend yield of 2.73%. The dividend payout ratio is 5,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for MTO.
What other stocks do shareholders of Mitie Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Mitie Group investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Athabasca Oil (ATH), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), NIC (EGOV), ALJ Regional (ALJJ), Gran Tierra Energy (GTE) and Precision Drilling (PD).
How do I buy shares of Mitie Group?: Shares of MTO stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:MTO) was last updated on 11/29/2023 by MarketBeat.com Staff

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Mitie Group Share Price, News & Analysis (LON:MTO)

Mitie Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Mitie Group Stock (LON:MTO)

MTO Stock Price History

MTO Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

MTO Stock Analysis - Frequently Asked Questions

Overall MarketRank^™