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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Automotive repair, services & parking
Sub-IndustryAutomotive Retail
SectorConsumer Discretionary
SymbolNASDAQ:MNRO
CUSIP61023610
Phone585-647-6400
Debt
Debt-to-Equity Ratio0.61
Current Ratio1.09
Quick Ratio0.33
Price-To-Earnings
Trailing P/E Ratio34.18
Forward P/E Ratio30.26
P/E Growth2.48
Sales & Book Value
Annual Sales$1.13 billion
Price / Sales2.07
Cash Flow$3.6763 per share
Price / Cash19.34
Book Value$19.16 per share
Price / Book3.71
Profitability
EPS (Most Recent Fiscal Year)$2.08
Net Income$63.93 million
Net Margins5.85%
Return on Equity11.81%
Return on Assets6.01%
Miscellaneous
Employees7,878
Outstanding Shares32,890,000
Market Cap$2.30 billion
Monro (NASDAQ:MNRO) Frequently Asked Questions
What is Monro's stock symbol?
Monro trades on the NASDAQ under the ticker symbol "MNRO."
How often does Monro pay dividends? What is the dividend yield for Monro?
Monro declared a quarterly dividend on Monday, May 21st. Stockholders of record on Monday, June 4th will be given a dividend of $0.20 per share on Thursday, June 14th. This represents a $0.80 annualized dividend and a dividend yield of 1.13%. The ex-dividend date of this dividend is Friday, June 1st. This is a positive change from Monro's previous quarterly dividend of $0.18. View Monro's Dividend History.
How were Monro's earnings last quarter?
Monro Inc (NASDAQ:MNRO) announced its quarterly earnings results on Thursday, July, 26th. The auto parts company reported $0.64 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.67 by $0.03. The auto parts company earned $295.80 million during the quarter, compared to analysts' expectations of $296.80 million. Monro had a net margin of 5.85% and a return on equity of 11.81%. Monro's quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.55 earnings per share. View Monro's Earnings History.
When is Monro's next earnings date?
What guidance has Monro issued on next quarter's earnings?
Monro issued an update on its FY19 earnings guidance on Thursday, July, 26th. The company provided earnings per share (EPS) guidance of $2.30-2.40 for the period, compared to the Thomson Reuters consensus estimate of $2.39. The company issued revenue guidance of $1.18-1.21 billion, compared to the consensus revenue estimate of $1.19 billion.
What price target have analysts set for MNRO?
6 analysts have issued 12 month price targets for Monro's stock. Their predictions range from $55.00 to $74.00. On average, they expect Monro's stock price to reach $64.75 in the next year. This suggests that the stock has a possible downside of 8.9%. View Analyst Price Targets for Monro.
What is the consensus analysts' recommendation for Monro?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Monro in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Monro.
Who are some of Monro's key competitors?
Some companies that are related to Monro include Under Armour Inc Class A (UAA), Pearson (PSO), COLRUYT SA/ADR (CUYTY), ITV PLC/ADR (ITVPY), Hyatt Hotels (H), Under Armour Inc Class C (UA), Liberty Media Formula One Series C (FWONK), Whirlpool (WHR), PADDY Pwr BETFA/ADR (PDYPY), News Corp Class B (NWS), Liberty Media Formula One Series A (FWONA), News Corp Class A (NWSA), Madison Square Garden (MSG), Liberty Media Formula One Series B (FWONB) and Stars Group (TSG).
Who are Monro's key executives?
Monro's management team includes the folowing people:
- Mr. Brett T. Ponton, CEO, Pres & Director (Age 48)
- Mr. Brian J. D'Ambrosia, Sr. VP of Fin., CFO, Treasurer & Assistant Sec. (Age 44)
- Mr. Matthew Evan Naylor, Chief Operating Officer (Age 40)
- Ms. Maureen E. Mulholland, Sr. VP, Gen. Counsel & Sec. (Age 47)
- Ms. Deborah R. Brundage, Sr. VP of Marketing & Merchandising (Age 43)
Has Monro been receiving favorable news coverage?
News headlines about MNRO stock have been trending somewhat positive recently, Accern reports. The research firm scores the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Monro earned a media and rumor sentiment score of 0.14 on Accern's scale. They also assigned news headlines about the auto parts company an impact score of 47.03 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term. View Recent Headlines for Monro.
Who are Monro's major shareholders?
Monro's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.48%), Wasatch Advisors Inc. (10.35%), Dimensional Fund Advisors LP (3.48%), FMR LLC (2.30%), Victory Capital Management Inc. (1.52%) and Bank of New York Mellon Corp (1.41%). Company insiders that own Monro stock include Amico Catherine D, Brett Ponton, Christopher R Hoornbeck, Craig L Hoyle, Donald Glickman, Heel John W Van, John C Lamb, Joseph Tomarchio Jr, Maureen Mulholland, Peter J Solomon, Raymond L Pickens, Robert E Mellor, Robert G Gross 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 Granite Investment Partners LLC, Aristotle Capital Boston LLC, FMR LLC, Wasatch Advisors Inc., Bank of New York Mellon Corp, Summit Creek Advisors LLC, Peregrine Capital Management LLC and CWM LLC. Company insiders that have sold Monro company stock in the last year include Donald Glickman, Maureen Mulholland and Stephen C Mccluski. View Insider Buying and Selling for Monro.
Which major investors are buying Monro stock?
MNRO stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Bank of Montreal Can, Fenimore Asset Management Inc., BTIM Corp., Jennison Associates LLC, OppenheimerFunds Inc., Royce & Associates LP and Canada Pension Plan Investment Board. Company insiders that have bought Monro stock in the last two years include Brett Ponton, Robert E Mellor and Stephen C Mccluski. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Monro's stock price today?
One share of MNRO stock can currently be purchased for approximately $71.10.
How big of a company is Monro?
Monro has a market capitalization of $2.30 billion and generates $1.13 billion in revenue each year. The auto parts company earns $63.93 million in net income (profit) each year or $2.08 on an earnings per share basis. Monro employs 7,878 workers across the globe.
How can I contact Monro?
Monro's mailing address is 200 HOLLEDER PKWY, ROCHESTER NY, 14615-3808. The auto parts company can be reached via phone at 585-647-6400.
MarketBeat Community Rating for Monro (NASDAQ MNRO)
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.
