MTY Food Group Inc. (TSE:MTY) is scheduled to be announcing its earnings results after the market closes on Wednesday, October 5th. Analysts expect the company to announce earnings of $0.35 per share for the quarter.
Shares of MTY Food Group Inc. (TSE:MTY) opened at 45.44 on Monday. MTY Food Group Inc. has a 12-month low of $27.91 and a 12-month high of $46.25. The stock has a market capitalization of $868.81 million and a P/E ratio of 31.56. The stock has a 50 day moving average of $42.43 and a 200 day moving average of $39.61.
Separately, Scotiabank raised their price objective on shares of MTY Food Group from C$47.50 to C$48.00 and gave the company an “outperform” rating in a research note on Friday, July 8th.
About MTY Food Group
MTY Food Group Inc is a Canada-based company, which franchises and operates quick-service restaurants. The Company operates in four segments: Franchising, which includes revenue from royalties, supplier contributions, franchise fees, rent, and the construction and renovation of restaurants; Corporate, which includes the direct sale of prepared food to customers; Distribution, which includes distribution of raw materials to restaurants of its Valentine and Franx banners, and processing, which includes the sale of ingredients and prepared food to restaurant chains, distributors and retailers.
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