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The latest update is out from Happy Belly Food Group ( (TSE:HBFG) ).
Happy Belly Food Group has appointed Ian Thomas, a former Vice President of Finance and Business Technology at Boston Pizza International, as its Executive Vice President of Finance as it accelerates the growth of its franchising platform. Bringing more than 25 years of senior financial leadership experience in franchised restaurant systems and complex public-private reporting environments, Thomas is expected to strengthen Happy Belly’s financial infrastructure, oversee franchising finance strategy, and support the company’s expansion across its portfolio of restaurant brands in Canada and the U.S., with an emphasis on profitability, scalable systems, and enhanced support for franchisees.
The most recent analyst rating on (TSE:HBFG) stock is a Hold with a C$2.00 price target. To see the full list of analyst forecasts on Happy Belly Food Group stock, see the TSE:HBFG Stock Forecast page.
Spark’s Take on TSE:HBFG Stock
According to Spark, TipRanks’ AI Analyst, TSE:HBFG is a Neutral.
Happy Belly Food Group’s overall stock score is primarily impacted by its financial performance, which shows strong revenue growth but significant profitability and cash flow challenges. Technical analysis indicates a bullish trend, but overbought signals suggest caution. The valuation is weak due to a negative P/E ratio and lack of dividend yield.
To see Spark’s full report on TSE:HBFG stock, click here.
More about Happy Belly Food Group
Happy Belly Food Group is a Toronto-based consolidator of emerging food and restaurant brands, focused on acquiring and scaling concepts such as Heal Wellness, Rosie’s Burgers, Yolks Breakfast, and Via Cibo Italian Street Food. The company operates a multi-branded franchising platform across Canada and is pursuing further expansion, including into the U.S. market, targeting high-growth opportunities in the fast-casual and specialty dining segments.
Average Trading Volume: 185,789
Technical Sentiment Signal: Buy
Current Market Cap: C$290.3M
For an in-depth examination of HBFG stock, go to TipRanks’ Overview page.