TSE:MTYMTY Food Group Stock Price, Forecast & News

C$23.77

+4.89 (+25.90 %)

(As of 04/10/2020 01:17 AM ET)

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Today's Range

C$19.59

Now: C$23.77▼

C$26.43

50-Day Range

C$16.58

MA: C$35.41▼

C$54.25

52-Week Range

C$14.23

Now: C$23.77▼

C$68.66

Volume678,107 shs

Average Volume188,826 shs

Market CapitalizationC$595.94 million

P/E Ratio7.72

Dividend Yield4.22%

BetaN/A

MTY Food Group Inc. operates as a franchisor in the quick service and casual dining food industry in Canada, the United States, and internationally. The company franchises and operates corporate-owned locations in the quick service restaurant and casual dining segments of the restaurant industry; and sells retail products under a multitude of banners. It also operates a distribution center and a food processing plant. As of November 30, 2018, the company had 5,984 locations comprising 5,919 franchised and 65 company operated locations. The company was formerly known as iNsu Innovations Group Inc. and changed its name to MTY Food Group Inc. in July 2003. MTY Food Group Inc. was founded in 1979 and is headquartered in Saint-Laurent, Canada.

Beat the Market (BTM) Rank^™

3.0 Analyst's Opinion

Consensus Rating
MTY Food Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$40.60, MTY Food Group has a potential upside of 70.8% from its current price of C$23.77.
Amount of Analyst Coverage
MTY Food Group has only been the subject of 3 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
MTY Food Group has received 265 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
MTY Food Group has received 312 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
MTY Food Group has received 54.07% “underperform” votes from our community.

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

2.5 Dividend Strength

Dividend Leadership
MTY Food Group is a leading dividend payer. It pays a dividend yield of 4.22%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
MTY Food Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of MTY Food Group is 21.43 %. 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, MTY Food Group insiders have not sold or bought any company stock.

3.1 Earnings and Valuation

Earnings Growth
Earnings for MTY Food Group are expected to decrease by -100.00% in the coming year, from C$2.55 to C$0.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of MTY Food Group is 7.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 12.90.
Price to Earnings Ratio vs. Sector
The P/E ratio of MTY Food Group is 7.72, 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 Earnings Growth Ratio
MTY Food Group has a PEG Ratio of 0.44. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
MTY Food Group has a P/B Ratio of 0.90. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.19 out of 5 stars

Industry, Sector and Symbol

Stock Exchange TSE

Industry Restaurants

Sub-IndustryN/A

SectorServices

Current SymbolTSE:MTY

Previous Symbol

CUSIPN/A

CIKN/A

Webhttp://mtygroup.com/

Phone+1-514-3368885

Debt

Debt-to-Equity Ratio81.24

Current Ratio0.60

Quick Ratio0.47

Price-To-Earnings

Trailing P/E Ratio7.72

Forward P/E Ratio9.32

P/E Growth0.44

Sales & Book Value

Annual SalesC$550.94 million

Price / Sales1.08

Cash FlowC$2.01 per share

Price / Cash Flow11.84

Book ValueC$26.51 per share

Price / Book0.90

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees1,282

Outstanding Shares25,071,000

Market CapC$595.94 million

Next Earnings DateN/A

OptionableNot Optionable

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MTY Food Group (TSE:MTY) Frequently Asked Questions

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

MTY Food Group's stock was trading at C$42.72 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MTY stock has decreased by 44.4% and is now trading at C$23.77. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of MTY Food Group?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MTY Food Group in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for MTY Food Group.

How were MTY Food Group's earnings last quarter?

MTY Food Group Inc (TSE:MTY) released its quarterly earnings data on Monday, February, 24th. The company reported $0.83 earnings per share for the quarter. The firm earned $150 million during the quarter, compared to analysts' expectations of $188.30 million. View MTY Food Group's earnings history.

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

MTY Food Group declared a quarterly dividend on Friday, January 31st. Shareholders of record on Friday, February 14th will be given a dividend of 0.185 per share on Friday, February 14th. This represents a $0.74 annualized dividend and a dividend yield of 3.11%. The ex-dividend date of this dividend is Friday, January 31st. This is an increase from MTY Food Group's previous quarterly dividend of $0.17. View MTY Food Group's dividend history.

What price target have analysts set for MTY?

4 brokers have issued twelve-month price objectives for MTY Food Group's shares. Their forecasts range from C$22.00 to C$65.00. On average, they expect MTY Food Group's stock price to reach C$40.60 in the next year. This suggests a possible upside of 70.8% from the stock's current price. View analysts' price targets for MTY Food Group.

Has MTY Food Group been receiving favorable news coverage?

News headlines about MTY stock have been trending very negative on Friday, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. MTY Food Group earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutMTY Food Group.

Who are some of MTY Food Group's key competitors?

Some companies that are related to MTY Food Group include SSP Group (SSPG), Domino's Pizza Group (DOM), EI Group (EIG), J D Wetherspoon (JDW), Mitchells & Butlers (MAB), Collins Foods (CKF), A and W Revenue Royalties Income Fund (AW.UN), YOUS BREW/PAR VTG FPD 0.125 (YNGA), Restaurant Group (RTN), Marston's (MARS), Fuller, Smith & Turner (FSTA), Marley Spoon Chess Depositary Interests 1000:1 (MMM), Pizza Pizza Royalty (PZA), YOUS BREW/PAR NVTG 0.125 (YNGN) and Boston Pizza Royalties Income Fund (BPF.UN).

What other stocks do shareholders of MTY Food Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other MTY Food Group investors own include Canadian National Railway (CNR), Alimentation Couche-Tard (ATD.B), BCE (BCE), Dollarama (DOL), Toronto-Dominion Bank (TD), Walt Disney (DIS), Altagas (ALA), Bank of Nova Scotia (BNS), Canadian Imperial Bank of Commerce (CM) and Canadian Natural Resources (CNQ).

Who are MTY Food Group's key executives?

MTY Food Group's management team includes the following people:

Mr. Stanley Ma, Chairman & Pres (Age 72)
Mr. Eric Lefebvre C.A., C.P.A., M.B.A., Q.C., CPA, CA, MBA, QC, CEO & Director (Age 42)
Mr. Marc Benzacar, Chief Operating Officer of Fast Casual Division
Mr. Jeff Smit, Chief Operating Officer of US Operations (Age 61)
Ms. Claude St-Pierre, Sec. & Non-Independent Director (Age 50)

What is MTY Food Group's stock symbol?

MTY Food Group trades on the Toronto Stock Exchange (TSX) under the ticker symbol "MTY."

How do I buy shares of MTY Food Group?

Shares of MTY and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

What is MTY Food Group's stock price today?

One share of MTY stock can currently be purchased for approximately C$23.77.

How big of a company is MTY Food Group?

MTY Food Group has a market capitalization of C$595.94 million and generates C$550.94 million in revenue each year. MTY Food Group employs 1,282 workers across the globe. View additional information about MTY Food Group.

What is MTY Food Group's official website?

The official website for MTY Food Group is http://mtygroup.com/.

How can I contact MTY Food Group?

MTY Food Group's mailing address is 8150 Rte Transcanadienne Suite 200, SAINT-LAURENT, QC H4S 1M5, Canada. The company can be reached via phone at +1-514-3368885.

This page was last updated on 4/10/2020 by MarketBeat.com Staff