LON:MTO

Mitie Group (MTO) Share Forecast, Price & News

GBX 102.80

+0.60 (+0.59%)

(As of 09/29/2023 ET)

Compare

Today's Range: 102
▼
103.60
50-Day Range: 91.90
▼
106
52-Week Range: 60.80
▼
107

Volume: 1.27 million shs
Average Volume: 1.97 million shs
Market Capitalization: £1.38 billion

P/E Ratio: 1,713.33
Dividend Yield: 2.92%
Price Target: GBX 107.50

Profile Analyst Ratings Chart Competitors Dividend Insider Trades Headlines

Mitie Group MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 4.6% Upside
GBX 107.50 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
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.

1.15 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 4.6% from its current price of GBX 102.80.
Amount of Analyst Coverage
Mitie Group has received no research coverage 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 2.82%, 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.

0.6

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article 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 5,925.35% more of their company's stock than they have bought. Specifically, they have bought £2,294.15 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 1,713.33, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 110.99.
Price to Earnings Ratio vs. Sector
The P/E ratio of Mitie Group is 1,713.33, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 405.00.
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 3.21. 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 (LON:MTO) Stock

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 Price History

30 days | 90 days | 365 days | Advanced Chart

MTO Stock News Headlines

September 30, 2023 | americanbankingnews.com

Mitie Group (LON:MTO) Stock Price Passes Above Two Hundred Day Moving Average of $93.93

September 22, 2023 | americanbankingnews.com

Mitie Group (LON:MTO) Share Price Passes Above 200-Day Moving Average of $93.08

October 1, 2023 | Legacy Research (Ad)

New Cash Law Will Be Disaster for Savers

New law has expert warning seniors and retirees to beware. There's a darker truth behind this financial bombshell...

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

Should Value Investors Buy IBEX Limited (IBEX) Stock?

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)

October 1, 2023 | Legacy Research (Ad)

New Cash Law Will Be Disaster for Savers

New law has expert warning seniors and retirees to beware. There's a darker truth behind this financial bombshell...

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

September 26, 2021 | nasdaq.com

Outsourcer Mitie raises annual profit outlook on more COVID contracts

September 24, 2021 | msn.com

FTSE 100 slips as growth worries persist

See More Headlines

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MTO Company Calendar

Last Earnings: 6/07/2018
Ex-Dividend for 8/4 Dividend: 6/22/2023
Dividend Payable: 8/04/2023
Today: 10/01/2023

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 Forecast: GBX 107.50
High Stock Price Forecast: GBX 125
Low Stock Price Forecast: GBX 90
Forecasted Upside/Downside: +4.6%
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: 1,713.33
Forward P/E Ratio: 10.75
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: 0.35
Cash Flow: GBX 28.41 per share
Price / Cash Flow: 3.62
Book Value: GBX 32 per share
Price / Book: 3.21

Miscellaneous

Outstanding Shares: 1,340,000,000
Free Float: N/A
Market Cap: £1.38 billion
Optionable: Not Optionable
Beta: 1.44

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Key Executives

Mr. Phil Bentley (Age 64)
CEO & Exec. Director
Comp: $1.92M

Mr. Simon Charles Kirkpatrick (Age 45)
CFO & Exec. 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 Bus. Services

Mr. Tim Howell
Managing Director of Landscapes Bus.

Mr. Simon Venn
Managing Director of Technical Services & Chief Gov. Officer

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

MTO Stock - 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 year. 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 forecast for 2023?: 2 analysts have issued 1 year price objectives for Mitie Group's stock. Their MTO share price forecasts range from GBX 90 to GBX 125. On average, they predict the company's share price to reach GBX 107.50 in the next year. This suggests a possible upside of 4.6% 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 on January 1st, 2023. Since then, MTO stock has increased by 37.8% and is now trading at GBX 102.80.
View the best growth stocks for 2023 here.
How were Mitie Group's earnings last quarter?: Mitie Group plc (LON:MTO) posted its quarterly earnings results on Thursday, June, 7th. The company reported $16.80 EPS for the quarter, beating the consensus estimate of $13.40 by $3.40. Mitie Group had a trailing twelve-month return on equity of 21.50% and a net margin of 2.31%.
How often does Mitie Group pay dividends? What is the dividend yield for Mitie Group?: Mitie Group announced a dividend on Thursday, June 8th. Investors of record on Thursday, June 22nd will be given a dividend of GBX 2.20 per share on Friday, August 4th. This represents a yield of 2.28%. The ex-dividend date is Thursday, June 22nd. This is an increase from the stock's previous dividend of GBX 0.70. The official announcement can be seen 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 2.82%. 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).
What is Mitie Group's stock symbol?: Mitie Group trades on the London Stock Exchange (LON) under the ticker symbol "MTO."
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.
What is Mitie Group's stock price today?: One share of MTO stock can currently be purchased for approximately GBX 102.80.
How much money does Mitie Group make?: Mitie Group (LON:MTO) has a market capitalization of £1.38 billion and generates £3.94 billion in revenue each year. The company earns £91.10 million in net income (profit) each year or GBX 0.06 on an earnings per share basis.
How many employees does Mitie Group have?: The company employs 64,316 workers across the globe.
How can I contact Mitie Group?: Mitie Group's mailing address is Harlequin Office Park, 1 Fieldfare, BRISTOL, BS16 7FN, United Kingdom. The official website for the company is www.mitie.com. The company can be reached via phone at +44-117-9708800.

This page (LON:MTO) was last updated on 10/1/2023 by MarketBeat.com Staff

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Mitie Group (MTO) Share Forecast, Price & News

Mitie Group MarketRank™ Forecast

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 Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Mitie Group (LON:MTO) Stock

MTO Price History

MTO Stock News Headlines

MTO Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

MTO Stock - Frequently Asked Questions

Overall MarketRank^™