MTY Food Group Inc. (TSE:MTY – Get Rating) – Equities researchers at National Bank Financial boosted their FY2022 earnings per share (EPS) estimates for shares of MTY Food Group in a note issued to investors on Sunday, April 10th. National Bank Financial analyst V. Shreedhar now expects that the company will earn $3.68 per share for the year, up from their prior estimate of $3.53. National Bank Financial also issued estimates for MTY Food Group’s FY2023 earnings at $4.10 EPS.
MTY Food Group (TSE:MTY – Get Rating) last released its quarterly earnings data on Thursday, February 17th. The company reported C$1.02 earnings per share for the quarter. The company had revenue of C$146.29 million for the quarter, compared to analyst estimates of C$152.60 million.
MTY Food Group stock opened at C$53.53 on Wednesday. MTY Food Group has a fifty-two week low of C$47.90 and a fifty-two week high of C$72.10. The company has a market capitalization of C$1.31 billion and a price-to-earnings ratio of 15.47. The stock has a fifty day moving average of C$53.55 and a two-hundred day moving average of C$57.89. The company has a debt-to-equity ratio of 128.57, a quick ratio of 0.59 and a current ratio of 0.65.
In related news, Director Eric Lefebvre acquired 1,000 shares of the business’s stock in a transaction on Wednesday, February 23rd. The stock was bought at an average cost of C$50.73 per share, with a total value of C$50,725.00. Following the completion of the acquisition, the director now owns 11,059 shares in the company, valued at C$560,967.78.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 15th. Shareholders of record on Tuesday, February 15th were issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 1.57%. The ex-dividend date was Wednesday, February 2nd. This is a positive change from MTY Food Group’s previous quarterly dividend of $0.19. MTY Food Group’s payout ratio is 16.76%.
About MTY Food Group (Get Rating)
MTY Food Group Inc franchises and operates quick service, fast casual, and casual dining restaurants 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.
- OrganiGram’s Turnaround Begins To Blossom
- Three Dividend Stocks With Growth Potential
- Exelon Stock Still Has Extraordinary Upside
- Ross Stores On The Verge Of Major Rally
- Greenbrier Companies Stock has Green in its Future
Receive News & Ratings for MTY Food Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MTY Food Group and related companies with MarketBeat.com's FREE daily email newsletter.