Metro (TSE:MRU – Get Free Report) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, April 24th. Analysts expect the company to announce earnings of C$0.92 per share for the quarter.
Metro (TSE:MRU – Get Free Report) last issued its quarterly earnings data on Tuesday, January 30th. The company reported C$1.02 earnings per share for the quarter, beating the consensus estimate of C$0.99 by C$0.03. The firm had revenue of C$4.97 billion for the quarter, compared to the consensus estimate of C$4.86 billion. Metro had a net margin of 4.81% and a return on equity of 15.00%.
Metro Trading Down 0.6 %
Shares of TSE:MRU opened at C$70.41 on Wednesday. The company has a market cap of C$15.99 billion, a PE ratio of 16.11, a P/E/G ratio of 2.12 and a beta of 0.04. The company’s 50-day moving average price is C$72.12 and its 200 day moving average price is C$70.66. Metro has a fifty-two week low of C$65.43 and a fifty-two week high of C$78.88. The company has a quick ratio of 0.41, a current ratio of 1.16 and a debt-to-equity ratio of 65.71.
Metro Increases Dividend
Analysts Set New Price Targets
Several analysts recently weighed in on MRU shares. TD Securities lifted their price objective on shares of Metro from C$76.00 to C$78.00 and gave the company a “hold” rating in a research report on Wednesday, January 31st. National Bankshares lifted their price objective on shares of Metro from C$80.00 to C$81.00 and gave the company a “sector perform” rating in a research report on Monday, January 15th. Royal Bank of Canada dropped their price target on shares of Metro from C$83.00 to C$82.00 and set a “sector perform” rating on the stock in a research report on Wednesday, January 31st. Scotiabank dropped their price target on shares of Metro from C$77.00 to C$74.50 and set a “sector perform” rating on the stock in a research report on Tuesday, January 23rd. Finally, BMO Capital Markets boosted their price target on shares of Metro from C$73.00 to C$75.00 in a research report on Wednesday, January 31st. Seven research analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of C$77.21.
Read Our Latest Research Report on MRU
Metro Company Profile
Metro Inc, through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada. The company operates supermarkets, discount, neighborhood, and specialty stores that provide fresh and grocery products, baked goods, prepared food products, meats, dairy products, fruits and vegetables, frozen food products, bakery products, delicatessen items, and pastries.
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