LON:MTOMitie Group Share Price, Forecast & News

GBX 70.50

+0.50 (+0.71 %)

(As of 05/29/2020 02:42 PM ET)

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Today's Range

68.50

Now: GBX 70.50▼

50-Day Range

MA: GBX 69.97▼

80.10

52-Week Range

56.94

Now: GBX 70.50▼

170.10

Volume605,719 shs

Average Volume1.05 million shs

Market Capitalization£257.99 million

P/E Ratio3.81

Dividend Yield6.44%

BetaN/A

Mitie Group plc, through its subsidiaries, provides strategic outsourcing services in the United Kingdom and internationally. It offers engineering services, such as technical and building maintenance services, as well as offers specialist services, such as heating, cooling, lighting, water treatment, and building controls; and security services and products, including security personnel, emergency mobile response solutions, and fire and security systems. The company also provides professional services, including capital project consultancy, energy consultancy, real estate advisory, records management consultancy, security and risk strategy, sustainability strategy, technical assets strategy, and workplace and design services; and cleaning and environmental services, such as pest control and landscaping services. In addition, it offers document management services; custody services, such as immigration and prison services; and indoor and outdoor event catering services. Further, the company provides property management services primarily to clients in the social housing sector; and painting and commercial refurbishment roofing services. Mitie Group plc was founded in 1987 and is headquartered in London, the United Kingdom.

Beat the Market (BTM) Rank^™

3.2 Analyst's Opinion

Consensus Rating
Mitie Group has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 3 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 162.80, Mitie Group has a potential upside of 130.9% from its current price of GBX 70.50.
Amount of Analyst Coverage
Mitie Group has only been the subject of 2 research reports in the past 90 days.

1.7 Community Rank

Outperform Votes
Mitie Group has received 371 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Mitie Group has received 712 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Mitie Group has received 65.74% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Mitie Group and other stocks. Vote “Outperform” if you believe MTO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MTO will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
Mitie Group is a leading dividend payer. It pays a dividend yield of 6.44%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Mitie Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Mitie Group is 0.22 %. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Mitie Group insiders have not sold or bought any company stock.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Mitie Group are expected to decrease by -100.00% in the coming year, from GBX 1,869.65 to GBX 0 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Mitie Group is 3.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.37.
Price to Earnings Ratio vs. Sector
The P/E ratio of Mitie Group is 3.81, which means that it is trading at a less expensive P/E ratio than the Services sector average P/E ratio of about 19.53.
Price to Book Value per Share Ratio
Mitie Group has a P/B Ratio of 6.59. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.73 out of 5 stars

Industry, Sector and Symbol

Stock Exchange LON

Industry Business Services

Sub-IndustryN/A

SectorServices

Current SymbolLON:MTO

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.mitie.com

Phone+44-117-9708800

Debt

Debt-to-Equity Ratio926.10

Current Ratio0.89

Quick Ratio0.83

Price-To-Earnings

Trailing P/E Ratio3.81

Forward P/E Ratio0.04

P/E GrowthN/A

Sales & Book Value

Annual Sales£2.33 billion

Price / Sales0.11

Cash FlowGBX 26.99 per share

Price / Cash Flow2.61

Book ValueGBX 10.70 per share

Price / Book6.59

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees54,000

Outstanding Shares365,940,992

Market Cap£257.99 million

Next Earnings Date6/25/2020 (Estimated)

OptionableNot Optionable

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Mitie Group (LON:MTO) Frequently Asked Questions

How has Mitie Group's stock been impacted by COVID-19 (Coronavirus)?

Mitie Group's stock was trading at GBX 134 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MTO shares have decreased by 47.4% and is now trading at GBX 70.50. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Mitie Group?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mitie Group in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Mitie Group.

When is Mitie Group's next earnings date?

Mitie Group is scheduled to release its next quarterly earnings announcement on Thursday, June 25th 2020. View our earnings forecast for Mitie Group.

How were Mitie Group's earnings last quarter?

Mitie Group PLC (LON:MTO) announced its quarterly earnings results on Thursday, June, 7th. The company reported $16.80 earnings per share for the quarter, beating analysts' consensus estimates of $13.40 by $3.40. View Mitie Group's earnings history.

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

Mitie Group declared a dividend on Thursday, November 21st. Stockholders of record on Thursday, December 19th will be paid a dividend of GBX 1.33 per share on Tuesday, February 4th. This represents a yield of 1.01%. The ex-dividend date is Thursday, December 19th. The official announcement can be seen at this link. View Mitie Group's dividend history.

What price target have analysts set for MTO?

8 brokerages have issued 1-year price targets for Mitie Group's stock. Their forecasts range from GBX 80 to GBX 285. On average, they anticipate Mitie Group's stock price to reach GBX 162.80 in the next twelve months. This suggests a possible upside of 130.9% from the stock's current price. View analysts' price targets for Mitie Group.

Has Mitie Group been receiving favorable news coverage?

News coverage about MTO stock has trended negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Mitie Group earned a media sentiment score of -2.4 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutMitie Group.

Who are some of Mitie Group's key competitors?

Some companies that are related to Mitie Group include Hyve Group (HYVE), Smartgroup (SIQ), Smart Metering Systems (SMS), People (PEO), GDI Integrated Facility Services (GDI), ITE Group (ITE), James Fisher & Sons (FSJ), Capita (CPI), Johnson Service Group (JSG), Paypoint (PAY), Equiniti Group (EQN), Calian Group (CGY), Restore (RST), OFX Group Ltd Fully Paid Ord. Shrs (OFX) and K-Bro Linen (KBL). View all competitors.

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).

Who are Mitie Group's key executives?

Mitie Group's management team includes the following people:

Mr. Phil Bentley, Group CEO & Exec. Director (Age 60)
Mr. Paul Woolf, Group CFO & Director
Mr. Sandip Mahajan, Chief Financial Transformation Officer
Mr. David Cooper, Chief Information Officer
Anna Gavrilova, Head of Investor Relations

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 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.

What is Mitie Group's stock price today?

One share of MTO stock can currently be purchased for approximately GBX 70.50.

How big of a company is Mitie Group?

Mitie Group has a market capitalization of £257.99 million and generates £2.33 billion in revenue each year. Mitie Group employs 54,000 workers across the globe.

What is Mitie Group's official website?

The official website for Mitie Group is www.mitie.com.

How can I contact Mitie Group?

Mitie Group's mailing address is Harlequin Office Park, 1 Fieldfare, BRISTOL, BS16 7FN, United Kingdom. The company can be reached via phone at +44-117-9708800.

This page was last updated on 5/29/2020 by MarketBeat.com Staff