FY2025 EPS Estimates for Mullen Group Cut by Analyst

Mullen Group Ltd. (TSE:MTL) – Research analysts at Raymond James Financial decreased their FY2025 earnings estimates for Mullen Group in a research note issued on Monday, October 6th. Raymond James Financial analyst M. Barth now forecasts that the company will earn $0.98 per share for the year, down from their previous forecast of $1.02. Raymond James Financial currently has a “Outperform” rating and a $16.75 target price on the stock. Raymond James Financial also issued estimates for Mullen Group’s FY2026 earnings at $1.17 EPS and FY2027 earnings at $1.28 EPS.

A number of other equities analysts have also weighed in on MTL. Acumen Capital cut their price objective on shares of Mullen Group from C$18.25 to C$17.25 and set a “buy” rating for the company in a research report on Friday, July 25th. Cibc World Mkts lowered Mullen Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 7th. Scotiabank lowered Mullen Group from a “strong-buy” rating to a “hold” rating and decreased their price target for the stock from C$16.50 to C$16.00 in a research note on Thursday, July 10th. Finally, TD Securities lifted their price target on Mullen Group from C$18.00 to C$19.00 and gave the company a “buy” rating in a report on Friday, July 25th. Six research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$17.25.

Mullen Group Stock Down 0.2%

MTL opened at C$14.10 on Tuesday. The firm has a market cap of C$1.23 billion, a P/E ratio of 12.70, a PEG ratio of 1.81 and a beta of 0.69. The business’s fifty day simple moving average is C$13.74 and its 200 day simple moving average is C$13.62. Mullen Group has a 52 week low of C$11.81 and a 52 week high of C$16.06. The company has a quick ratio of 1.06, a current ratio of 1.62 and a debt-to-equity ratio of 120.69.

Mullen Group Dividend Announcement

The firm also recently declared a sep 25 dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be issued a dividend of $0.07 per share. Mullen Group’s dividend payout ratio is 74.77%.

About Mullen Group

Mullen Group is one of North America’s largest logistics providers with a network of independently operated businesses provide a wide range of service offerings including less-than-truckload, truckload, warehousing, logistics, transload, oversized, third-party logistics & specialized hauling transportation.