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Mullen Group Ltd. (TSE:MTL)
TSX:MTL
Mullen Group Ltd. (MTL) Stock Price & Analysis
184 Followers
MTL Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$12.26 - C$15.38
Previous CloseC$13.44
Volume158.08K
Average Volume (3M)196.57K
Market Cap
C$1.18B
Enterprise ValueC$1.95B
Total Cash (Recent Filing)C$2.46M
Total Debt (Recent Filing)C$764.08M
Price to Earnings (P/E)9.4
Beta0.74
Next Earnings
Jul 25, 2024EPS Estimate
C$0.29Last Dividend Ex-Date
Jun 28, 2024Dividend Yield5.44%
Share Statistics
EPS (TTM)1.43
Shares Outstanding88,017,434
10 Day Avg. Volume155,286
30 Day Avg. Volume196,574
Standard Deviation0.12
R-Squared0.45
Alpha0.00471
Financial Highlights & Ratios
Price to Book (P/B)2.17
Price to Sales (P/S)0.56
Price to Cash Flow (P/CF)2.70
P/FCF Ratio3.30
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$16.58Price Target Upside23.36% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Mullen Group Ltd. News
PremiumCompany Announcements
Mullen Group Ltd. Boosts Finances with Notes and Credit
PremiumCompany Announcements
Mullen Group Announces Q2 Earnings Release
PremiumCompany Announcements
Mullen Group Declares Monthly Shareholder Dividend
PremiumCompany Announcements
Mullen Group Prices CAD$400M Notes OfferingBulls Say, Bears Say
Bulls Say
AcquisitionThe company's recent acquisition of ContainerWorld should help offset some of the weakness in its Logistics & Warehousing (L&W) segment.
Financial StabilityThe company has sizable borrowing capacity, while leverage remains at a comfortable level.
Mergers & AcquisitionsThe company's recent acquisition of ContainerWorld is a starting point for M&A in 2024, and management is seeing a lot of opportunities as competitors struggle.
Bears Say
EarningsMTL's Q1/24 results were light of expectations as weakening consumer demand continues to weigh on its business.
Freight DemandManagement indicated it expects weaker freight demand to persist, with the current oversupply of trucks being exacerbated by high interest rates and the corresponding impact on consumer spending.
Market OutlookNear-term headwinds keep analysts on the sidelines for now, although MTL is expected to be fairly active in the M&A market.
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Options Prices
Currently, No data available
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Ownership Overview
15.57% Insiders
5.28% Mutual Funds
6.83% Other Institutional Investors
72.32% Public Companies and
Individual Investors
MTL FAQ
What was Mullen Group Ltd.’s price range in the past 12 months?
Mullen Group Ltd. lowest stock price was C$12.26 and its highest was C$15.38 in the past 12 months.
What is Mullen Group Ltd.’s market cap?
Currently, no data Available
When is Mullen Group Ltd.’s upcoming earnings report date?
Mullen Group Ltd.’s upcoming earnings report date is Jul 25, 2024 which is in 7 days.
How were Mullen Group Ltd.’s earnings last quarter?
Mullen Group Ltd. released its earnings results on Apr 25, 2024. The company reported C$0.25 earnings per share for the quarter, missing the consensus estimate of C$0.309 by -C$0.059.
Is Mullen Group Ltd. overvalued?
According to Wall Street analysts Mullen Group Ltd.’s price is currently Undervalued.
Does Mullen Group Ltd. pay dividends?
Mullen Group Ltd. pays a Monthly dividend of C$0.06 which represents an annual dividend yield of 5.44%. See more information on Mullen Group Ltd. dividends here
What is Mullen Group Ltd.’s EPS estimate?
Mullen Group Ltd.’s EPS estimate is C$0.29.
How many shares outstanding does Mullen Group Ltd. have?
Mullen Group Ltd. has 88,057,434 shares outstanding.
What happened to Mullen Group Ltd.’s price movement after its last earnings report?
Mullen Group Ltd. reported an EPS of C$0.25 in its last earnings report, missing expectations of C$0.309. Following the earnings report the stock price went down -9.065%.
Which hedge fund is a major shareholder of Mullen Group Ltd.?
Currently, no hedge funds are holding shares in TSE:MTL
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Mullen Group Ltd. Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
C$16.58 (23.36% Upside)
C$16.58 (23.36% Upside)
Blogger Sentiment
Bullish
TSE:MTL Sentiment 100%
Sector Average 68%
Sector Average 68%
Insider Transactions
Bought Shares
Worth C$4.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 5.1%
Last 30 Days ▼ 5.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-5.00%
12-Months-Change
Fundamentals
Return on Equity
13.19%
Trailing 12-Months
Asset Growth
1.87%
Trailing 12-Months
Company Description
Mullen Group Ltd.
Mullen Group Ltd is a company that owns a network of independently operated businesses. The company is the supplier of trucking and logistics services in Canada providing a wide range of service offerings including less-than-truckload, truckload, warehousing, logistics, transload, oversized and specialized hauling transportation. In addition, it provides a diverse set of specialized services related to the oil and natural gas industry in western Canada, water management, fluid hauling and environmental reclamation. The corporate office provides the capital and financial expertise, legal support, technology and systems support, shared services and strategic planning to its independent businesses.
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MTL Stock 12 Month Forecast
Average Price Target
C$16.58
▲(23.36% Upside)
Technical Analysis
GDI Integrated
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Titanium Transportation
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Cult Food Science Corp.
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Good Flour Corp
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Best Analysts Covering MTL
1 Year
1 Year Success Rate
9/17 ratings generated profit
1 Year Average Return
+10.93%
reiterated a buy rating 3 months ago
Copying Konark Gupta's trades and holding each position for 1 Year would result in 52.94% of your transactions generating a profit, with an average return of +10.93% per trade.
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