Mullen Group (TSE:MTL – Get Free Report) will release its earnings data before the market opens on Thursday, April 25th. Analysts expect Mullen Group to post earnings of C$0.30 per share for the quarter.
Mullen Group (TSE:MTL – Get Free Report) last released its earnings results on Thursday, February 15th. The company reported C$0.34 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.32 by C$0.02. The business had revenue of C$498.60 million for the quarter, compared to analyst estimates of C$500.00 million. Mullen Group had a net margin of 6.85% and a return on equity of 14.03%.
Mullen Group Price Performance
MTL stock opened at C$14.38 on Tuesday. Mullen Group has a 1 year low of C$12.82 and a 1 year high of C$16.43. The company has a debt-to-equity ratio of 78.38, a current ratio of 0.76 and a quick ratio of 1.06. The firm has a market capitalization of C$1.27 billion, a PE ratio of 9.92, a price-to-earnings-growth ratio of 1.81 and a beta of 1.79. The business has a 50 day simple moving average of C$14.74 and a 200-day simple moving average of C$14.20.
Mullen Group Dividend Announcement
Analyst Upgrades and Downgrades
Several research analysts have recently commented on the company. Raymond James lifted their price target on Mullen Group from C$16.00 to C$17.00 and gave the stock a “market perform” rating in a report on Friday, February 16th. Royal Bank of Canada raised shares of Mullen Group from a “sector perform” rating to an “outperform” rating and increased their price target for the company from C$15.00 to C$17.00 in a research note on Monday, January 22nd. TD Securities raised their price target on shares of Mullen Group from C$21.00 to C$22.00 and gave the stock a “buy” rating in a report on Friday, February 16th. CIBC upgraded Mullen Group from a “neutral” rating to an “outperform” rating and upped their price objective for the company from C$16.50 to C$17.00 in a report on Friday, February 16th. Finally, National Bankshares raised their target price on Mullen Group from C$19.00 to C$19.50 and gave the stock an “outperform” rating in a research note on Friday, February 16th. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of C$18.61.
Get Our Latest Research Report on MTL
Mullen Group Company Profile
Mullen Group Ltd. provides a range of trucking and logistics services in Canada and the United States. The Less-Than-Truckload segment delivers general freight consisting of smaller shipments, packages, and parcels; and pharmaceutical and package products. The Logistics & Warehousing segment offers full truckload, specialized transportation, warehousing, and fulfillment centers that handle e-commerce transactions and transload facilities for intermodal and bulk shipments; technology solutions, including transportation, inventory, and warehouse management systems; and warehousing and distribution services.
Featured Articles
- Five stocks we like better than Mullen Group
- Why Invest in High-Yield Dividend Stocks?
- It’s Time to Buy Into the Super Micro Computer Stock Implosion
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- Merger or Not, Albertson’s Companies is a Good Buy
- Energy and Oil Stocks Explained
- 3 Cheap Stocks That Shouldn’t Be So
Receive News & Ratings for Mullen Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mullen Group and related companies with MarketBeat.com's FREE daily email newsletter.