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Mullen Group Ltd (MTL-T)
TSE:MTL
13.29
0.21
(1.56%) 1d
Financials
Technical Analysis
This summary was created by AI, based on 5 opinions in the last 12 months.
Mullen Group Ltd (MTL-T) is a company that has steadily grown through acquisitions and has established itself in the trucking and logistics sector, primarily serving the oil and gas industry. While it is well-run and offers a good dividend, its performance is closely linked to drilling activity and oil prices, making it somewhat volatile. Some experts have suggested that, although the stock is fairly priced with a P/E ratio under 10, it may be prudent to cover positions due to recent declines. Overall, Mullen has diversified its offerings and is seen as a generally safe investment with limited downside, but some experts still prefer investing directly in oil businesses. As such, the outlook for Mullen appears cautious but acknowledges its potential for stability amidst the energy sector's fluctuating landscape.
$15.110
No
Trucking and logistics primarily to the oil and gas industry. Well run. Tough business. When oil does well, this one does very well. Good dividend. You could own it here, but he'd rather own an oil business instead.
Traditionally, its fortunes are tied to drilling activity and oil prices, though it has diversified. Can be volatile.
Our PAST TOP PICK with MTL has triggered its stop at $13. To remain disciplined, we recommend covering the position at this time. When combined with our previous recommendations, this will result in a net investment loss of 2%.
Done good job at transitioning company into broad variety of services (oil field etc.). P/E ratio under 10 which is healthy. Fairly priced business - good time for investors to buy. Doesn't see much downside in business. ~5% is safe and generous.
We again reiterate MTL as a TOP PICK. Compared to others in this sector, it is undervalued and has proven its resilience under challenging market conditions. We like that cash reserves are stable, while debt is retired and shares bought back. It trades at 10x earnings, 1.3x book and supports a 17% ROE. It pays a nice dividend that is backed by a payout ratio under 50% of cash flow. We continue to recommend a stop at $13, looking to achieve $18 -- upside potential of 18%. Yield 4.8%
(Analysts’ price target is $17.89)As management expects a stronger finish to last year than expected, based on consumer resiliency along with their ability to control costs and make good acquisitions, we reiterate MTL. We like that cash reserves are stable, while debt is retired and shares bought back. It trades at 11x earnings, 1.3x book and supports a 17% ROE. It pays a good dividend, backed by a payout ratio of under 50% of cash flow. We recommend trailing up the stop (from $11) to $13, looking to achieve $17 -- upside potential of 19%. Yield 5.0%
(Analysts’ price target is $16.69)Has gone sideways as it consolidates. Been challenged in western Canada because oil prices are down, but will rise in 2024. MTL still has great funda mentals.
Okotoks based transportation logistics specialist, MTL, trades at 10x earnings, 1.2x book and supports a 17% ROE. Cash reserves are stable, while debt is retired and shares are bought back. The comany continues to make good acquisitions during this challenging time for the sector. It pays a good dividend, backed by a payout ratio under 50% of cash flow. We recommend placing a stop-loss at $11, looking to achieve $17 -- upside of 28%. Yield 5.2%
(Analysts’ price target is $17.61)One of North America's largest logistics providers.
Defensive name that is good for low risk investors.
Large & diversified business.
Better names in the sector - but not a bad investment for the long term.
Record Q1 revenue with ~4% dividend yield.
Likes all transportation, especially this one.
Well-run and is more into transportation logistics in the last 5 years. Lacks the geographic footprint of TFII, and more regional. You can consider this, but prefers TFII.
Mullen Group Ltd(MTL-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 3
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 2
Total Signals / Votes : 5
Mullen Group Ltd(MTL-T) Frequently Asked Questions
What is Mullen Group Ltd stock symbol?
Mullen Group Ltd is a Canadian stock, trading under the symbol MTL-T on the Toronto Stock Exchange (MTL-CT). It is usually referred to as TSX:MTL or MTL-T
Is Mullen Group Ltd a buy or a sell?
In the last year, 5 stock analysts published opinions about MTL-T. 3 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Mullen Group Ltd.
Is Mullen Group Ltd a good investment or a top pick?
Mullen Group Ltd was recommended as a Top Pick by on . Read the latest stock experts ratings for Mullen Group Ltd.
Why is Mullen Group Ltd stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Mullen Group Ltd worth watching?
5 stock analysts on Stockchase covered Mullen Group Ltd In the last year. It is a trending stock that is worth watching.
What is Mullen Group Ltd stock price?
On 2025-02-21, Mullen Group Ltd (MTL-T) stock closed at a price of $13.29.
Grown by acquisition quite steadily over the years. Very good company and it won't hurt you, but he owns TFII instead.