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

MTY Food Group Inc. (TSE:MTY) – National Bank Financial upped their FY2025 earnings estimates for MTY Food Group in a research report issued 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 forecast of $3.55. The consensus estimate for MTY Food Group’s current full-year earnings is $4.04 per share.

A number of other equities analysts have also issued reports on the stock. Scotiabank dropped their target price on shares of MTY Food Group from C$55.00 to C$50.00 and set a “sector perform” rating on the stock in a research report on Monday. TD Securities dropped their target price on shares of MTY Food Group from C$59.00 to C$49.00 and set a “hold” rating on the stock in a research report on Monday. National Bankshares dropped their target price on shares of MTY Food Group from C$59.00 to C$57.00 and set an “outperform” rating on the stock in a research report on Monday. Acumen Capital dropped their target price on shares of MTY Food Group from C$75.00 to C$65.00 and set a “buy” rating on the stock in a research report on Monday. Finally, Royal Bank of Canada dropped their target price on shares of MTY Food Group from C$58.00 to C$51.00 and set a “sector perform” rating on the stock in a research report on Monday. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, MTY Food Group currently has an average rating of “Hold” and a consensus target price of C$54.29.

MTY Food Group Price Performance

Shares of MTY Food Group stock opened at C$46.79 on Wednesday. The firm has a fifty day simple moving average of C$51.47 and a 200-day simple moving average of C$53.09. The company has a current ratio of 0.61, a quick ratio of 0.57 and a debt-to-equity ratio of 154.98. MTY Food Group has a 1-year low of C$44.48 and a 1-year high of C$68.60. The stock has a market capitalization of C$1.13 billion, a price-to-earnings ratio of 11.01, a PEG ratio of 0.75 and a beta of 1.98.

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

MTY Food Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Friday, May 3rd will be issued a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 2.39%. The ex-dividend date is Thursday, May 2nd. MTY Food Group’s payout ratio is 24.24%.

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.