Equities Analysts Issue Forecasts for MTY Food Group Inc’s Q1 2019 Earnings (MTY)

Equities Analysts Issue Forecasts for MTY Food Group Inc’s Q1 2019 Earnings (MTY)

MTY Food Group Inc (TSE:MTY) – Equities research analysts at National Bank Financial issued their Q1 2019 earnings per share (EPS) estimates for shares of MTY Food Group in a report released on Wednesday, January 16th. National Bank Financial analyst L. Aghazarian expects that the company will post earnings of $0.49 per share for the quarter. National Bank Financial currently has a “Outperform” rating and a $70.00 target price on the stock. National Bank Financial also issued estimates for MTY Food Group’s Q2 2019 earnings at $0.86 EPS, Q3 2019 earnings at $1.00 EPS and Q4 2019 earnings at $0.90 EPS.

Shares of MTY Food Group stock opened at C$67.98 on Friday. The company has a debt-to-equity ratio of 44.53, a quick ratio of 0.47 and a current ratio of 0.56. MTY Food Group has a 12 month low of C$44.97 and a 12 month high of C$73.19.

In other MTY Food Group news, Director Dickie Orr sold 1,000 shares of the firm’s stock in a transaction on Thursday, November 8th. The stock was sold at an average price of C$71.00, for a total transaction of C$71,000.00.

About MTY Food Group

MTY Food Group Inc franchises and operates quick-service restaurants in Canada and internationally. It also operates a distribution center and a food processing plant. As of November 30, 2017, the company had 5,469 locations comprising 5,402 franchised and 67 company operated locations. 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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