NASDAQ:MNROMonro Stock Price, Forecast & News

$55.10

-2.47 (-4.29 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$54.20

Now: $55.10▼

$57.32

50-Day Range

$44.93

MA: $52.20▼

$62.04

52-Week Range

$37.09

Now: $55.10▼

$89.62

Volume628,322 shs

Average Volume310,694 shs

Market Capitalization$1.83 billion

P/E Ratio32.22

Dividend Yield1.60%

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 20.1% from its current price of $55.10.
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 301 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Monro has received 372 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Monro has received 55.27% “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.

5.0 Dividend Strength

Dividend Leadership
Monro is a leading dividend payer. It pays a dividend yield of 1.60%, putting its dividend yield in the top 25% of dividend-paying stocks.
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 36.21 % 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.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Monro are expected to grow by 62.00% in the coming year, from $1.50 to $2.43 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Monro is 32.22, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.77.
Price to Earnings Ratio vs. Sector
The P/E ratio of Monro is 32.22, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 25.37.
Price to Earnings Growth Ratio
Monro has a PEG Ratio of 2.45. 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 2.50. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.22 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 Ratio0.27

Price-To-Earnings

Trailing P/E Ratio32.22

Forward P/E Ratio36.73

P/E Growth2.45

Sales & Book Value

Annual Sales$1.26 billion

Price / Sales1.46

Cash Flow$4.10 per share

Price / Cash Flow13.45

Book Value$22.07 per share

Price / Book2.50

Profitability

EPS (Most Recent Fiscal Year)$2.00

Net Income$79.75 million

Net Margins4.62%

Return on Equity9.04%

Return on Assets3.81%

Miscellaneous

Employees8,183

Outstanding Shares33,280,000

Market Cap$1.83 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 (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MNRO shares have increased by 11.1% and is now trading at $55.10. 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) posted its quarterly earnings results on Thursday, May, 28th. The auto parts company reported $0.08 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.20 by $0.12. The auto parts company had revenue of $286.10 million for the quarter, compared to the consensus estimate of $286.20 million. Monro had a net margin of 4.62% and a return on equity of 9.04%. The business's quarterly revenue was down .4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.51 earnings per share. View Monro's earnings history.

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

Monro declared a quarterly dividend on Thursday, May 28th. Stockholders of record on Monday, June 8th will be given a dividend of $0.22 per share on Monday, June 22nd. This represents a $0.88 dividend on an annualized basis and a yield of 1.60%. The ex-dividend date of this dividend is Friday, June 5th. View Monro's dividend history.

What guidance has Monro issued on next quarter's earnings?

Monro issued an update on its fourth quarter 2020 After-Hours earnings guidance on Thursday, April, 2nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $286.1-286.1 million, compared to the consensus revenue estimate of $308.11 million.

What price target have analysts set for MNRO?

6 analysts have issued 12-month price targets for Monro's shares. Their forecasts range from $41.00 to $92.00. On average, they expect Monro's stock price to reach $66.20 in the next year. This suggests a possible upside of 20.1% from the stock's current price. View analysts' price targets for Monro.

Has Monro been receiving favorable news coverage?

Press coverage about MNRO stock has trended somewhat negative on Sunday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Monro earned a news sentiment score of -1.0 on InfoTrie's scale. They also gave news articles about the auto parts company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutMonro.

Are investors shorting Monro?

Monro saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 3,950,000 shares, a decrease of 6.2% from the April 30th total of 4,210,000 shares. Based on an average trading volume of 425,300 shares, the days-to-cover ratio is presently 9.3 days. Approximately 12.1% of the shares of the 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), AutoNation (AN), Penske Automotive Group (PAG), Lithia Motors (LAD), Asbury Automotive Group (ABG), PROSPECT CAPITAL 6.25 NTS (PBY), Group 1 Automotive (GPI), Sonic Automotive (SAH) 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."

Who are Monro's major shareholders?

Monro's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.58%), Wasatch Advisors Inc. (12.94%), Clearbridge Investments LLC (5.89%), Wellington Management Group LLP (3.67%), State Street Corp (3.32%) and Aristotle Capital Boston LLC (2.32%). Company insiders that own Monro stock include Donald Glickman, Maureen Mulholland, Peter J Solomon, Raymond L Pickens, Samuel Senuk and Stephen C Mccluski. View institutional ownership trends for Monro.

Which major investors are selling Monro stock?

MNRO stock was sold by a variety of institutional investors in the last quarter, including Summit Creek Advisors LLC, BlackRock Inc., Victory Capital Management Inc., Victory Capital Management Inc., Eaton Vance Management, Clearbridge Investments LLC, TimesSquare Capital Management LLC, and UBS Group AG. Company insiders that have sold Monro company stock in the last year include Donald Glickman, Maureen Mulholland, and Peter J Solomon. View insider buying and selling activity for Monro.

Which major investors are buying Monro stock?

MNRO stock was acquired by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Wasatch Advisors Inc., FDx Advisors Inc., FDx Advisors Inc., Balyasny Asset Management LLC, State Street Corp, Deutsche Bank AG, and Ensign Peak Advisors Inc. View insider buying and selling activity for Monro.

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 $55.10.

How big of a company is Monro?

Monro has a market capitalization of $1.83 billion and generates $1.26 billion in revenue each year. The auto parts company earns $79.75 million in net income (profit) each year or $2.00 on an earnings per share basis. Monro employs 8,183 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 PARKWAY, ROCHESTER NY, 14615. The auto parts company can be reached via phone at 585-647-6400.

This page was last updated on 5/31/2020 by MarketBeat.com Staff