Should I buy or sell Mullen Group stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mullen Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" MLLGF shares. View MLLGF analyst ratings or view top-rated stocks .

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

1 equities research analysts have issued 12 month price objectives for Mullen Group's stock. Their MLLGF share price targets range from $12.75 to $17.00. On average, they expect the company's share price to reach $14.96 in the next twelve months. This suggests a possible upside of 42.7% from the stock's current price. View analysts price targets for MLLGF or view top-rated stocks among Wall Street analysts .

How have MLLGF shares performed in 2024?

Mullen Group's stock was trading at $10.59 on January 1st, 2024. Since then, MLLGF stock has decreased by 0.9% and is now trading at $10.49. View the best growth stocks for 2024 here .

Is Mullen Group a good dividend stock?

Mullen Group (OTCMKTS:MLLGF) pays an annual dividend of $1.20 per share and currently has a dividend yield of 6.51%. MLLGF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 120.52%. Payout ratios above 75% are not desirable because they may not be sustainable.

How do I buy shares of Mullen Group?

Shares of MLLGF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

OTCMKTS:MLLGF

Mullen Group (MLLGF) Stock Price, News & Analysis

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$10.49

0.00 (0.00%)

(As of 04/19/2024 ET)

Compare

Today's Range: $10.49
▼
$10.49
50-Day Range: $10.49
▼
$11.18
52-Week Range: $9.05
▼
$12.19

Volume: 300 shs
Average Volume: 1,850 shs
Market Capitalization: N/A

P/E Ratio: 10.54
Dividend Yield: 11.44%
Price Target: $14.96

Stock Analysis Analyst Forecasts Chart Headlines Short Interest

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Mullen Group MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 42.7% Upside
$14.96 Price Target
Short Interest: Bearish
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.22
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.86 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Mullen Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Mullen Group has received no research coverage in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
Mullen Group has a short interest ratio ("days to cover") of 1132, which indicates bearish sentiment.
Change versus previous month
Short interest in Mullen Group has recently decreased by 4.39%, indicating that investor sentiment is improving.

1.7

Dividend Strength

Dividend Leadership
Mullen Group is a leading dividend payer. It pays a dividend yield of 6.51%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Mullen Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Mullen Group is 120.52%. 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 MLLGF.

1.2

News and Social Media Coverage

News Sentiment
Mullen Group has a news sentiment score of 0.22. 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 0.39 average news sentiment score of Industrials companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Mullen Group this week, compared to 2 articles on an average week.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Mullen Group insiders have not sold or bought any company stock.
Percentage Held by Institutions
55.03% of the stock of Mullen Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Mullen Group is 10.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.59.
Price to Earnings Ratio vs. Sector
The P/E ratio of Mullen Group is 10.54, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 393.81.

See Top Rated MarketRank™ Stocks Here

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About Mullen Group Stock (OTCMKTS:MLLGF)

Mullen Group Ltd. provides a range of trucking and logistics services in Canada and the United States. The Less-Than-Truckload segment delivers general freight consisting of smaller shipments, packages, and parcels; and pharmaceutical and package products. The Logistics & Warehousing segment offers full truckload, specialized transportation, warehousing, and fulfillment centers that handle e-commerce transactions and transload facilities for intermodal and bulk shipments; technology solutions, including transportation, inventory, and warehouse management systems; and warehousing and distribution services. The Specialized & Industrial Services segment provides specialized equipment and services to the oil and natural gas, environmental, construction, pipeline, utility, telecom, and civil industries; and specialized services comprising water management, environmental services, pipeline and civil construction, Industrial cleaning and turnaround services, fluid management, and municipal development and emergency support services, as well as drilling and drilling related services. The U.S. & International Logistics segment provides logistics services through professional representatives and station agents. This segment also owns SilverExpress, a proprietary integrated transportation management platform. Mullen Group Ltd. was founded in 1949 and is headquartered in Okotoks, Canada.

MLLGF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MLLGF Stock News Headlines

April 19, 2024 | seekingalpha.com

MLLGF Mullen Group Ltd.

April 18, 2024 | americanbankingnews.com

Mullen Group (OTCMKTS:MLLGF) Shares Pass Above Two Hundred Day Moving Average of $10.40

April 20, 2024 | DTI (Ad)

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April 9, 2024 | marketwatch.com

Mullen Automotive Shares Rise 6.3% on Cost Reduction Measures

April 8, 2024 | prnewswire.com

Mullen Group Ltd. 2024 First Quarter Earnings Conference Call and Webcast

April 8, 2024 | msn.com

Mullen Automotive fires off consolidation plan to lower costs

April 6, 2024 | msn.com

Three hits from Mullen power Ridgefield Park softball to 3-0 start

March 21, 2024 | prnewswire.com

Mullen Group Ltd. Announces Declaration of Monthly Dividend

April 20, 2024 | DTI (Ad)

Did you know you can now trade Bitcoin in your regular brokerage account?

March 7, 2024 | msn.com

What's Going On With EV-Maker Mullen Automotive Stock?

March 7, 2024 | prnewswire.com

Mullen Group Ltd. Announces Renewal of Normal Course Issuer Bid

March 4, 2024 | msn.com

Ailing U2 drummer Larry Mullen Jr. attends penultimate Sphere Vegas concert

February 26, 2024 | theglobeandmail.com

Another insider buys as Mullen Group stock gets into gear

February 25, 2024 | seekingalpha.com

Mullen Group: Attractive At 6x EBITDA And A 10% FCF Yield

February 25, 2024 | finance.yahoo.com

Mullen Group (TSE:MTL) Has Affirmed Its Dividend Of CA$0.06

February 21, 2024 | prnewswire.com

Mullen Group Ltd. Announces Declaration of Monthly Dividend

February 21, 2024 | markets.businessinsider.com

Mullen Automotive Provides Timeline Update on US Customs and Border Protection Ruling for Class 1 EV Cargo Vans

February 20, 2024 | markets.businessinsider.com

Mullen Automotive Stock (NASDAQ:MULN): Put Options May be Your Best Bet

February 15, 2024 | marketwatch.com

Mullen Shares Fall With Caution On Activity to Start the New Year

February 15, 2024 | marketwatch.com

Mullen Profit Falls on Restructuring Charges, Light Demand

February 15, 2024 | prnewswire.com

Mullen Group Ltd. Announces 2023 Fourth Quarter Financial Results and Filing of Disclosure Documents

February 14, 2024 | markets.businessinsider.com

Here's what to expect from Mullen Group's earnings

January 17, 2024 | marketwatch.com

Mullen Group to Acquire British Columbia-Based ContainerWorld Forwarding Services

January 17, 2024 | msn.com

Mullen Group signs LoI to acquire ContainerWorld Forwarding Services

January 17, 2024 | finance.yahoo.com

Mullen Group Ltd. To Acquire ContainerWorld Forwarding Services Inc.

January 14, 2024 | finance.yahoo.com

Is Mullen Group Ltd.'s (TSE:MTL) Latest Stock Performance Being Led By Its Strong Fundamentals?

January 9, 2024 | msn.com

Mullen Five RS Revealed As 1,000-HP World-Beating Electric Crossover

See More Headlines

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Industrials
Industry: Trucking
Sub-Industry: N/A
Current Symbol: OTCMKTS:MLLGF
CUSIP: N/A
CIK: N/A
Web: www.mullen-group.com
Phone: (403) 995-5200
Fax: N/A
Employees: 7,400
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $14.96
High Stock Price Target: $17.00
Low Stock Price Target: $12.75
Potential Upside/Downside: +42.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 10.54
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

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Key Executives

Mr. Murray Kenneth Mullen (Age 68)
Chairman, President & Senior Executive Officer
Comp: $714.17k
Mr. Carson P. Urlacher C.A.
CPA, Senior Accounting Officer & Interim CFO
Mr. Richard J. Maloney
Senior Operating Officer
Ms. Joanna Kathryn Scott
Senior Corporate Officer & General Counsel
Mr. Lee Hellyer
Vice President of Operations
Mr. P. Stephen Clark CMA
Senior Financial Officer (Leave of Absence)

Key Competitors

View All Competitors

MLLGF Stock Analysis - Frequently Asked Questions

Should I buy or sell Mullen Group stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mullen Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" MLLGF shares.
View MLLGF analyst ratings or view top-rated stocks.
What is Mullen Group's stock price target for 2024?: 1 equities research analysts have issued 12 month price objectives for Mullen Group's stock. Their MLLGF share price targets range from $12.75 to $17.00. On average, they expect the company's share price to reach $14.96 in the next twelve months. This suggests a possible upside of 42.7% from the stock's current price.
View analysts price targets for MLLGF or view top-rated stocks among Wall Street analysts.
How have MLLGF shares performed in 2024?: Mullen Group's stock was trading at $10.59 on January 1st, 2024. Since then, MLLGF stock has decreased by 0.9% and is now trading at $10.49.
View the best growth stocks for 2024 here.

Is Mullen Group a good dividend stock?: Mullen Group (OTCMKTS:MLLGF) pays an annual dividend of $1.20 per share and currently has a dividend yield of 6.51%. MLLGF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 120.52%. Payout ratios above 75% are not desirable because they may not be sustainable.
How do I buy shares of Mullen Group?: Shares of MLLGF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:MLLGF) was last updated on 4/20/2024 by MarketBeat.com Staff

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