Mullen Group Ltd (MTL-T)
TSE:MTL
12.56
0.22
(1.78%) 1d
Financials
Technical Analysis
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Mullen Group Ltd (MTL) has established a solid presence through steady acquisitions, which has garnered it a reputation as a reliable company within the trucking and logistics sector, particularly with ties to the oil and gas industry. While it is recognized for its strong operational management and sound dividend distribution, experts caution about its cyclical nature, heavily influenced by oil prices and drilling activities. Despite some diversification efforts, its performance remains volatile. A recent stop-loss recommendation indicates that its stock has faced challenges and experts suggest it may be prudent to exit the position for now, reflecting a cautious outlook from the community of analysts. Overall, while MTL presents potential for income, its reliance on the energy sector may pose risks that investors should weigh carefully in their decision-making.
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%.
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)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)
Mullen Group Ltd(MTL-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 2
Bearish - Sell Signals / Votes : 2
Total Signals / Votes : 6
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, 6 stock analysts published opinions about MTL-T. 2 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?
6 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 2025-04-15, Mullen Group Ltd (MTL-T) stock closed at a price of $12.56.
Grown by acquisition quite steadily over the years. Very good company and it won't hurt you, but he owns TFII instead.