- Mullen Group’s adjusted earnings per share (EPS) for the fourth quarter was C$0.33, slightly lower than the previous year’s C$0.34, but exceeded the estimate of C$0.29.
- The company reported revenue of C$499.1 million, showing a marginal increase of 0.1% year-over-year, but falling short of the C$518.2 million estimate.
- Operating income before depreciation and amortization (OIBDA) was C$85.0 million, marking a significant increase of 7.3% compared to the previous year.
- Operating margin improved to 17% from 15.9% year-over-year.
- The market faced challenges with soft demand and increasing pricing pressures due to undisciplined competition.
- Analyst recommendations for Mullen Group include 8 buys and 2 holds, with no sell ratings indicated.
A look at Mullen Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts using Smartkarma Smart Scores have assessed Mullen Group Limited’s long-term outlook, with the company receiving positive ratings in key areas. Mullen scored high across Value, Dividend, Growth, and Momentum, indicating strong fundamentals and potential for growth. However, the Resilience score was rated lower, suggesting some vulnerability or challenges ahead that investors should consider.
Mullen Group Limited, a company that owns asset-based oilfield services and trucking businesses, has shown promising signs for investors. With solid scores in Value, Dividend, Growth, and Momentum, Mullen‘s diversified operations in specialized transportation equipment and trucking services in Canada and the US have positioned it well for long-term success. While there are resilience concerns to address, Mullen‘s overall outlook appears favorable based on the Smartkarma Smart Scores assessment.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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