MTY Food Group Inc. (TSE:MTY – Get Free Report) Senior Officer Renee St-Onge bought 325 shares of the firm’s stock in a transaction that occurred on Friday, April 19th. The stock was bought at an average price of C$46.14 per share, for a total transaction of C$14,994.23.
MTY Food Group Stock Performance
Shares of MTY stock opened at C$46.40 on Friday. MTY Food Group Inc. has a 1-year low of C$44.48 and a 1-year high of C$68.60. The company has a current ratio of 0.61, a quick ratio of 0.57 and a debt-to-equity ratio of 154.98. The company has a market capitalization of C$1.12 billion, a price-to-earnings ratio of 10.92, a P/E/G ratio of 0.75 and a beta of 1.98. The stock’s fifty day simple moving average is C$50.78 and its 200-day simple moving average is C$52.93.
MTY Food Group (TSE:MTY – Get Free Report) last issued its quarterly earnings results on Friday, April 12th. The company reported C$0.71 earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of C$278.64 million for the quarter, compared to the consensus estimate of C$263.20 million. On average, sell-side analysts predict that MTY Food Group Inc. will post 4.0429722 earnings per share for the current fiscal year.
MTY Food Group Dividend Announcement
Analyst Ratings Changes
A number of equities analysts recently issued reports on the company. Scotiabank decreased their target price on MTY Food Group from C$55.00 to C$50.00 and set a “sector perform” rating on the stock in a report on Monday, April 15th. Royal Bank of Canada decreased their target price on MTY Food Group from C$58.00 to C$51.00 and set a “sector perform” rating on the stock in a report on Monday, April 15th. Acumen Capital decreased their target price on MTY Food Group from C$75.00 to C$65.00 and set a “buy” rating on the stock in a report on Monday, April 15th. TD Securities decreased their target price on MTY Food Group from C$59.00 to C$49.00 and set a “hold” rating on the stock in a report on Monday, April 15th. Finally, Raymond James lowered their price target on MTY Food Group from C$60.00 to C$55.00 in a report on Tuesday. 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 currently has a consensus rating of “Hold” and an average target price of C$54.29.
About MTY Food Group
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.
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