Metro (OTCMKTS:MTRAF) Reaches New 12-Month Low - Should You Sell?

Key Points

• Metro's ADR hit a new 52-week low of $65.34, trading below its 50- and 200-day moving averages and down about 1.7% on the session with light volume.
• Company reported a major earnings and revenue miss: quarterly EPS was $0.81 versus $1.65 expected and revenue was $3.68B versus $7.10B consensus.
• Analysts remain cautiously positive—the consensus rating is "Moderate Buy" (three Buys, one Hold)—while the stock trades at a P/E of 39.6 and a market cap of roughly $13.8B.

Metro Inc. (OTCMKTS:MTRAF - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $65.34 and last traded at $65.34, with a volume of 125 shares trading hands. The stock had previously closed at $66.46.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. TD Securities reaffirmed a "buy" rating on shares of Metro in a research report on Wednesday, January 28th. BMO Capital Markets reaffirmed an "outperform" rating on shares of Metro in a research report on Thursday, April 23rd. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy".

Metro Trading Down 1.7%

The company has a debt-to-equity ratio of 0.65, a current ratio of 1.42 and a quick ratio of 0.53. The company's 50 day moving average is $68.82 and its two-hundred day moving average is $69.62. The firm has a market cap of $13.79 billion and a P/E ratio of 39.60.

Metro (OTCMKTS:MTRAF - Get Free Report) last released its earnings results on Wednesday, April 22nd. The company reported $0.81 earnings per share for the quarter, missing the consensus estimate of $1.65 by ($0.84). Metro had a net margin of 4.52% and a return on equity of 15.01%. The company had revenue of $3.68 billion during the quarter, compared to the consensus estimate of $7.10 billion.

About Metro

Metro AG, trading in the United States as an American Depositary Receipt under the symbol MTRAF, is a leading international wholesale company focused on supplying the foodservice and hospitality sectors. Through its METRO Cash & Carry division, the company operates self-service wholesale outlets that offer a broad assortment of food products, fresh perishables, non-food items and hotel and restaurant equipment. Metro’s business model caters exclusively to professional customers—hotels, restaurants, caterers and independent retailers—enabling them to purchase in bulk at competitive prices.

Founded in 1964 and headquartered in Düsseldorf, Germany, Metro has grown its footprint across Europe and Asia, serving customers in more than 30 countries.

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