Monotaro (OTCMKTS:MONOY) Sets New 1-Year Low - Time to Sell?

Key Points

• Monotaro (OTCMKTS: MONOY) reached a new 52-week low of $14.01 on Wednesday, with shares last trading at $14.49.
• Jefferies Financial Group upgraded Monotaro from an "underperform" to a "hold" rating, contributing to an average analyst rating of "hold" for the stock.
• Monotaro reported $561.57 million in revenue for the last quarter, falling short of analyst estimates, with earnings per share at $0.11.

Monotaro (OTCMKTS:MONOY - Get Free Report) reached a new 52-week low on Wednesday . The stock traded as low as $14.01 and last traded at $14.49, with a volume of 138805 shares. The stock had previously closed at $14.55.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group raised shares of Monotaro from an "underperform" rating to a "hold" rating in a report on Friday, June 13th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Monotaro currently has an average rating of "Hold".

Monotaro Trading Down 0.4%

The company has a quick ratio of 2.14, a current ratio of 2.72 and a debt-to-equity ratio of 0.08. The firm has a market cap of $7.26 billion, a price-to-earnings ratio of 30.19 and a beta of 0.84. The business's fifty day moving average is $17.20 and its two-hundred day moving average is $18.67.

Monotaro (OTCMKTS:MONOY - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.11 earnings per share for the quarter. The business had revenue of $561.57 million during the quarter, compared to analyst estimates of $567.49 million. Monotaro had a net margin of 9.36% and a return on equity of 33.81%. Equities analysts anticipate that Monotaro will post 0.4 earnings per share for the current fiscal year.

About Monotaro

MonotaRO Co, Ltd., together with its subsidiaries, operates an online MRO products store in Japan and internationally. The company offers safety protective equipment, work clothes, and safety shoes; logistics, storage, and packing supplies; tapes; safety, disaster prevention, and crime prevention products; safety signs; ship and fishing supplies; office supplies; office furniture/lighting/cleaning supplies; cutting tools and abrasives; measurement and surveying equipment; hand tools/electric and pneumatic tools; sprays, oils, greases, and paints; adhesives and repair materials; welding supplies; and piping and water related components/pumps/pneumatic and hydraulic equipment/hoses.

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