NASDAQ:MNROMonro Stock Price, Forecast & News

$55.45

+0.27 (+0.49 %)

(As of 07/3/2020 10:26 AM ET)

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Today's Range

$54.91

Now: $55.45▼

$57.00

50-Day Range

$49.87

MA: $56.18▼

$62.04

52-Week Range

$37.09

Now: $55.45▼

$87.92

Volume240,156 shs

Average Volume352,153 shs

Market Capitalization$1.85 billion

P/E Ratio32.43

Dividend Yield1.59%

Beta1.14

Monro, Inc. provides automotive undercar repair, and tire sales and services in the United States. The company offers range of services on passenger cars, light trucks, and vans for brakes; mufflers and exhaust systems; and steering, drive train, suspension, and wheel alignment. It also provides other products and services, including tires and routine maintenance services, including state inspections. The company's maintenance services comprise oil change, heating and cooling system 'flush and fill' service, belt installation, fuel system service, and a transmission 'flush and fill' service. In addition, it replaces and services batteries, starters, and alternators, as well as offers air conditioning services. The company operates its stores under the brand names of Monro Muffler Brake & Service, Tread Quarters Discount Tire, Mr. Tire, Autotire Car Care Center, Tire Warehouse, Tire Barn Warehouse, Ken Towery's Tire & Auto Care, The Tire Choice, Car-X, and McGee Tire. It has 1,150 company-operated stores, 102 franchised locations, 5 wholesale locations, 2 retread facilities, and 2 dealer-operated stores located in 27 states. The company was formerly known as Monro Muffler Brake, Inc. and changed its name to Monro, Inc. in August 2017. Monro, Inc. was founded in 1957 and is headquartered in Rochester, New York.

Beat the Market (BTM) Rank^™

2.0 Analyst's Opinion

Consensus Rating
Monro has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 6 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $66.20, Monro has a potential upside of 19.4% from its current price of $55.45.
Amount of Analyst Coverage
Monro has only been the subject of 3 research reports in the past 90 days.

2.2 Community Rank

Outperform Votes
Monro has received 302 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Monro has received 375 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Monro has received 55.39% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Monro and other stocks. Vote “Outperform” if you believe MNRO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MNRO will underperform the S&P 500 over the long term. You may vote once every thirty days.

4.2 Dividend Strength

Dividend Yield
Monro pays a meaningful dividend of 1.59%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Monro has been increasing its dividend for 11 years.
Dividend Coverage
The dividend payout ratio of Monro is 44.00%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Monro will have a dividend payout ratio of 42.72% next year. This indicates that Monro will be able to sustain or increase its dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Monro insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.40% of the stock of Monro is held by insiders.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Monro are expected to grow by 94.34% in the coming year, from $1.06 to $2.06 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Monro is 32.43, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.68.
Price to Earnings Ratio vs. Sector
The P/E ratio of Monro is 32.43, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 32.45.
Price to Earnings Growth Ratio
Monro has a PEG Ratio of 3.46. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Monro has a P/B Ratio of 2.51. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.17 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Automotive repair, services & parking

Sub-IndustryAutomotive Retail

SectorConsumer Discretionary

Current SymbolNASDAQ:MNRO

Previous Symbol

CUSIP61023610

CIK876427

Webwww.monro.com

Phone585-647-6400

Debt

Debt-to-Equity Ratio1.41

Current Ratio2.34

Quick Ratio1.60

Price-To-Earnings

Trailing P/E Ratio32.43

Forward P/E Ratio52.31

P/E Growth3.46

Sales & Book Value

Annual Sales$1.26 billion

Price / Sales1.47

Cash Flow$4.00 per share

Price / Cash Flow13.86

Book Value$22.07 per share

Price / Book2.51

Profitability

EPS (Most Recent Fiscal Year)$2.00

Net Income$58.02 million

Net Margins4.62%

Return on Equity9.04%

Return on Assets3.81%

Miscellaneous

Employees8,184

Outstanding Shares33,280,000

Market Cap$1.85 billion

Next Earnings Date7/23/2020 (Estimated)

OptionableOptionable

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Monro (NASDAQ:MNRO) Frequently Asked Questions

How has Monro's stock been impacted by COVID-19 (Coronavirus)?

Monro's stock was trading at $49.58 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MNRO stock has increased by 11.8% and is now trading at $55.45. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Monro?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Monro in the last year. There are currently 6 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Monro.

When is Monro's next earnings date?

Monro is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Monro.

How were Monro's earnings last quarter?

Monro Inc (NASDAQ:MNRO) issued its earnings results on Thursday, May, 28th. The auto parts company reported $0.08 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.20 by $0.12. The auto parts company earned $286.10 million during the quarter, compared to the consensus estimate of $286.20 million. Monro had a return on equity of 9.04% and a net margin of 4.62%. The firm's quarterly revenue was down .4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.51 EPS. View Monro's earnings history.

How often does Monro pay dividends? What is the dividend yield for Monro?

Monro announced a quarterly dividend on Thursday, May 28th. Shareholders of record on Monday, June 8th will be paid a dividend of $0.22 per share on Monday, June 22nd. This represents a $0.88 annualized dividend and a yield of 1.59%. The ex-dividend date is Friday, June 5th. View Monro's dividend history.

What price target have analysts set for MNRO?

6 equities research analysts have issued 1-year price objectives for Monro's stock. Their forecasts range from $41.00 to $92.00. On average, they expect Monro's share price to reach $66.20 in the next twelve months. This suggests a possible upside of 19.4% from the stock's current price. View analysts' price targets for Monro.

Has Monro been receiving favorable news coverage?

News coverage about MNRO stock has been trending negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Monro earned a news impact score of -2.8 on InfoTrie's scale. They also assigned press coverage about the auto parts company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news about Monro.

Are investors shorting Monro?

Monro saw a decline in short interest in June. As of June 15th, there was short interest totaling 3,480,000 shares, a decline of 7.2% from the May 31st total of 3,750,000 shares. Based on an average daily volume of 436,300 shares, the days-to-cover ratio is currently 8.0 days. Approximately 10.6% of the company's stock are sold short. View Monro's Current Options Chain.

Who are some of Monro's key competitors?

Some companies that are related to Monro include O'Reilly Automotive (ORLY), AutoZone (AZO), CarMax (KMX), Advance Auto Parts (AAP), Lithia Motors (LAD), AutoNation (AN), Penske Automotive Group (PAG), Asbury Automotive Group (ABG), Sonic Automotive (SAH), PROSPECT CAPITAL 6.25 NTS (PBY), Group 1 Automotive (GPI) and America's Car-Mart (CRMT). View all competitors.

What other stocks do shareholders of Monro own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Monro investors own include Cummins (CMI), Altria Group (MO), Verizon Communications (VZ), AbbVie (ABBV), Alibaba Group (BABA), Walt Disney (DIS), Energy Transfer LP Unit (ET), IBM (IBM), Lam Research (LRCX) and Marathon Petroleum (MPC).

Who are Monro's key executives?

Monro's management team includes the following people:

Mr. Brett T. Ponton, CEO, Pres & Director (Age 49)
Mr. Brian J. D'Ambrosia, Sr. VP of Fin., CFO, Treasurer & Assistant Sec. (Age 45)
Mr. Matthew Evan Naylor, Chief Operating Officer (Age 40)
Ms. Maureen E. Mulholland, Sr. VP, Gen. Counsel & Sec. (Age 48)
Ms. Deborah R. Brundage, Chief Marketing Officer & Sr. VP (Age 44)

What is Monro's stock symbol?

Monro trades on the NASDAQ under the ticker symbol "MNRO."

How do I buy shares of Monro?

Shares of MNRO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Monro's stock price today?

One share of MNRO stock can currently be purchased for approximately $55.45.

How big of a company is Monro?

Monro has a market capitalization of $1.85 billion and generates $1.26 billion in revenue each year. The auto parts company earns $58.02 million in net income (profit) each year or $2.00 on an earnings per share basis. Monro employs 8,184 workers across the globe.

What is Monro's official website?

The official website for Monro is www.monro.com.

How can I contact Monro?

Monro's mailing address is 200 HOLLEDER PKWY, ROCHESTER NY, 14615. The auto parts company can be reached via phone at 585-647-6400.

This page was last updated on 7/3/2020 by MarketBeat.com Staff

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