Research Analysts Issue Forecasts for Mitie Group PLC.’s FY2018 Earnings (MITFY)
Mitie Group PLC. (OTCMKTS:MITFY) – Equities research analysts at Jefferies Group dropped their FY2018 earnings estimates for shares of Mitie Group PLC. in a report issued on Monday. Jefferies Group analyst K. Marden now expects that the company will post earnings per share of $0.63 for the year, down from their prior estimate of $0.80. Jefferies Group also issued estimates for Mitie Group PLC.’s FY2019 earnings at $0.95 EPS and FY2020 earnings at $1.16 EPS.
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Separately, Zacks Investment Research lowered shares of Mitie Group PLC. from a “hold” rating to a “sell” rating in a research report on Wednesday.
Shares of Mitie Group PLC. (OTCMKTS:MITFY) traded down $0.49 during trading on Wednesday, hitting $11.51. 406 shares of the stock were exchanged, compared to its average volume of 764. Mitie Group PLC. has a 1-year low of $9.10 and a 1-year high of $14.96. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.01.
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