FY2025 EPS Estimates for MTY Food Group Inc. Lifted by National Bank Financial (TSE:MTY)

MTY Food Group Inc. (TSE:MTY) – Analysts at National Bank Financial raised their FY2025 EPS estimates for shares of MTY Food Group in a research report issued to clients and investors on Sunday, April 14th. National Bank Financial analyst V. Shreedhar now forecasts that the company will post earnings of $3.70 per share for the year, up from their prior estimate of $3.55. The consensus estimate for MTY Food Group’s current full-year earnings is $4.04 per share.

MTY Food Group (TSE:MTY) last issued its earnings results on Friday, April 12th. The company reported C$0.71 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.83 by C($0.12). MTY Food Group had a net margin of 8.86% and a return on equity of 13.23%. The business had revenue of C$278.64 million for the quarter, compared to the consensus estimate of C$263.20 million.

Several other research analysts have also issued reports on MTY. TD Securities cut their target price on shares of MTY Food Group from C$59.00 to C$49.00 and set a “hold” rating for the company in a research report on Monday. CIBC cut their target price on shares of MTY Food Group from C$62.00 to C$53.00 and set an “outperform” rating for the company in a research report on Monday. Scotiabank cut their target price on shares of MTY Food Group from C$55.00 to C$50.00 and set a “sector perform” rating for the company in a research report on Monday. Royal Bank of Canada cut their target price on shares of MTY Food Group from C$58.00 to C$51.00 and set a “sector perform” rating for the company in a research report on Monday. Finally, National Bankshares cut their target price on shares of MTY Food Group from C$59.00 to C$57.00 and set an “outperform” rating for the company in a research report on Monday. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of C$54.29.

MTY Food Group Stock Down 0.4 %

MTY opened at C$46.61 on Wednesday. The company has a fifty day moving average price of C$51.03 and a 200-day moving average price of C$53.00. The firm has a market capitalization of C$1.13 billion, a P/E ratio of 10.97, a price-to-earnings-growth ratio of 0.75 and a beta of 1.98. The company has a debt-to-equity ratio of 154.98, a current ratio of 0.61 and a quick ratio of 0.57. MTY Food Group has a one year low of C$44.48 and a one year high of C$68.60.

MTY Food Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Friday, May 3rd will be paid a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.40%. The ex-dividend date of this dividend is Thursday, May 2nd. MTY Food Group’s dividend payout ratio is 24.24%.

MTY Food Group Company Profile

MTY Food Group Inc operates and franchises quick-service, fast-casual, and casual dining restaurants in Canada, the United States, and internationally. It also sells retail products under a multitude of banners. The company was formerly known as iNsu Innovations Group Inc and changed its name to MTY Food Group Inc in July 2003.