Mullen Group Ltd (MTL) EPS Estimated At $0.10

July 18, 2017 - By Clifton Ray

 Mullen Group Ltd (MTL) EPS Estimated At $0.10

Wall Street await Mullen Group Ltd (TSE:MTL) to release earnings on July, 19. Analysts forecast EPS of $0.10, down exactly $0.02 or 16.67 % from 2014’s $0.12 EPS. The expected T_MTL’s profit could reach $10.27M giving the stock 38.70 P/E in the case that $0.10 earnings per share is reported. After posting $0.11 EPS for the previous quarter, Mullen Group Ltd’s analysts now forecast -9.09 % negative EPS growth. It closed at $15.48 lastly. It is down 0.00% since July 18, 2016 and is . It has underperformed by 16.70% the S&P500.

Mullen Group Ltd (TSE:MTL) Ratings Coverage

Among 7 analysts covering Mullen Group (TSE:MTL), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Mullen Group had 47 analyst reports since July 23, 2015 according to SRatingsIntel. The company was upgraded on Friday, October 21 by GMP Securities. Scotia Capital maintained Mullen Group Ltd (TSE:MTL) on Thursday, October 22 with “Sector Outperform” rating. On Thursday, January 14 the stock rating was upgraded by IBC to “Sector Performer”. The company was maintained on Wednesday, October 14 by Cormark Securities. The rating was initiated by Canaccord Genuity with “Hold” on Wednesday, October 26. RBC Capital Markets maintained Mullen Group Ltd (TSE:MTL) on Thursday, November 26 with “Sector Perform” rating. The stock has “Outperform” rating by Raymond James on Friday, November 20. The rating was maintained by RBC Capital Markets on Thursday, October 22 with “Sector Perform”. RBC Capital Markets maintained the shares of MTL in report on Friday, July 22 with “Outperform” rating. Raymond James upgraded it to “Market Perform” rating and $20.50 target in Friday, July 24 report.

Mullen Group Ltd. is a supplier of trucking and logistics services in Canada. The company has market cap of $1.59 billion. The Firm operates through its Business Units, which are divided into two operating divisions: Trucking/Logistics and Oilfield Services. It has a 34.83 P/E ratio. The Trucking/Logistics segment consists of over 10 Business Units, offering a range of truckload and less-than-truckload general freight services to clients in Canada and the United States.

More notable recent Mullen Group Ltd (TSE:MTL) news were published by: Fool.ca which released: “5 Reasons Why Mullen Group Ltd. Is 1 of the Best Buys in the Energy Sector” on August 20, 2015, also Marketwired.com with their article: “Mullen Group Ltd. Announces Election of Directors and Independent Lead Director” published on May 04, 2016, Marketwired.com published: “Mullen Group Ltd. Reports 2016 Financial Results” on February 08, 2017. More interesting news about Mullen Group Ltd (TSE:MTL) were released by: Marketwired.com and their article: “Mullen Group Ltd. Announces 2015 Business Plan and Declaration of Monthly Dividend” published on December 18, 2014 as well as Marketwired.com‘s news article titled: “Mullen Group Ltd. Announces $100 Million Bought Deal Offering and Concurrent …” with publication date: April 26, 2016.

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