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DOW   30,814.26
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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NYSE:MTOR

Meritor Stock Forecast, Price & News

$26.34
-0.65 (-2.41 %)
(As of 01/15/2021 12:00 AM ET)
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Today's Range
$25.97
Now: $26.34
$26.71
50-Day Range
$26.40
MA: $27.83
$28.72
52-Week Range
$10.91
Now: $26.34
$29.53
Volume333,400 shs
Average Volume548,840 shs
Market Capitalization$1.90 billion
P/E Ratio8.26
Dividend YieldN/A
Beta2.19
Meritor, Inc. designs, develops, manufactures, markets, distributes, sells, services, and supports integrated systems, modules, and components to original equipment manufacturers (OEMs) and the aftermarket for the commercial vehicle, transportation, and industrial sectors. It operates through two segments, Commercial Truck; and Aftermarket and Industrial. The Commercial Truck segment supplies drivetrain systems and components, including axles, drivelines, and braking and suspension systems primarily for medium-and heavy-duty trucks and other applications; and various undercarriage products and systems for trailer applications. The Aftermarket and Industrial segment supplies axles, brakes, drivelines, suspension parts, and other replacement parts to commercial vehicle and industrial aftermarket customers. It also supplies drivetrain systems and various components, such as axles, drivelines, brakes, and suspension systems for military, construction, bus and coach, fire and emergency, and other applications. The company also sells other complementary products, including third-party and private label items, which include brake shoes and friction materials; automatic slack adjusters; yokes and shafts; wheel-end hubs and drums; ABS and stability control systems; shock absorbers and air springs; and air brakes. Meritor, Inc. sells its products under the Meritor, Euclid, Trucktechnic, US Gear, AxleTech, and Mach brands primarily to OEMs, their parts marketing operations, and their dealers, as well as other independent distributors and service garages in the aftermarket industry in North America, South America, Europe, and the Asia Pacific. The company was formerly known as ArvinMeritor, Inc. and changed its name to Meritor, Inc. in March 2011. Meritor, Inc. was founded in 1909 and is headquartered in Troy, Michigan.
Meritor logo

MarketRank

Overall MarketRank

1.64 out of 5 stars

Auto/Tires/Trucks Sector

27th out of 128 stocks

Motor Vehicle Parts & Accessories Industry

14th out of 50 stocks

Analyst Opinion: 1.3Community Rank: 2.1Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Motor vehicle parts & accessories
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
CUSIP59001K10
Phone248-435-1000
Employees8,600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.04 billion
Cash Flow$2.52 per share
Book Value$6.85 per share

Profitability

Net Income$245 million

Miscellaneous

Market Cap$1.90 billion
Next Earnings Date2/4/2021 (Estimated)
OptionableOptionable
$26.34
-0.65 (-2.41 %)
(As of 01/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Meritor (NYSE:MTOR) Frequently Asked Questions

How has Meritor's stock been impacted by Coronavirus?

Meritor's stock was trading at $17.16 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MTOR stock has increased by 53.5% and is now trading at $26.34.
View which stocks have been most impacted by COVID-19
.

Is Meritor a buy right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Meritor in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Meritor stock.
View analyst ratings for Meritor
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Meritor?

Wall Street analysts have given Meritor a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Meritor wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Meritor's next earnings date?

Meritor is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for Meritor
.

How were Meritor's earnings last quarter?

Meritor, Inc. (NYSE:MTOR) released its quarterly earnings results on Thursday, November, 12th. The auto parts company reported $0.15 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.03 by $0.12. The auto parts company earned $758 million during the quarter, compared to analyst estimates of $736 million. Meritor had a return on equity of 19.93% and a net margin of 8.02%. The firm's revenue for the quarter was down 26.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.83 EPS.
View Meritor's earnings history
.

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

Meritor updated its FY21 earnings guidance on Thursday, November, 12th. The company provided EPS guidance of $1.10-1.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.96. The company issued revenue guidance of $3.1-3.35 billion, compared to the consensus revenue estimate of $3.35 billion.

What price target have analysts set for MTOR?

5 analysts have issued 12-month target prices for Meritor's shares. Their forecasts range from $23.00 to $34.00. On average, they expect Meritor's share price to reach $25.80 in the next twelve months. This suggests that the stock has a possible downside of 2.1%.
View analysts' price targets for Meritor
or view Wall Street analyst' top-rated stocks.

Are investors shorting Meritor?

Meritor saw a decline in short interest in the month of December. As of December 31st, there was short interest totaling 2,860,000 shares, a decline of 21.6% from the December 15th total of 3,650,000 shares. Based on an average daily volume of 579,900 shares, the short-interest ratio is presently 4.9 days. Currently, 4.2% of the shares of the stock are short sold.
View Meritor's Short Interest
.

Who are some of Meritor's key competitors?

What other stocks do shareholders of Meritor own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Meritor investors own include Micron Technology (MU), NVIDIA (NVDA), Intel (INTC), Advanced Micro Devices (AMD), CVS Health (CVS), Applied Materials (AMAT), Visa (V), Caterpillar (CAT), Gilead Sciences (GILD) and Pfizer (PFE).

Who are Meritor's key executives?

Meritor's management team includes the following people:
  • Mr. Jeffrey A. Craig, Pres, CEO & Director (Age 61, Pay $1.35M)
  • Mr. Carl D. Anderson II, Sr. VP & CFO (Age 52, Pay $691.06k)
  • Mr. Chrishan Anthon Sebastian Villavarayan, Exec. VP & COO (Age 51, Pay $798.75k)
  • Mr. Timothy J. Heffron, Sr. VP of HR & Chief Information Officer (Age 57, Pay $570.02k)
  • Ms. Hannah S. Lim-Johnson Esq., Sr. VP, Chief Legal Officer & Corp. Sec. (Age 49, Pay $445.01k)
  • Mr. Paul D. Bialy, VP & Chief Accounting Officer
  • Mr. Todd Chirillo, Sr. Director of Investor Relations
  • Ms. Krista L. Sohm, VP and Chief Marketing & Communication Officer
  • Mr. Timothy Earl Joseph Bowes, Group VP and Pres of Industrial & North America Aftermarket (Age 58)
  • Mr. John Nelligan, Group VP & Pres of North America Truck

What is Meritor's stock symbol?

Meritor trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTOR."

Who are Meritor's major shareholders?

Meritor's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.08%). Company insiders that own Meritor stock include Boise April Miller, Carl Douglas Anderson II, Chris Villavarayan, Jeffrey A Craig, Joseph A Plomin, Paul Bialy, Rodger L Boehm, Timothy J Heffron and William R Newlin.
View institutional ownership trends for Meritor
.

Which institutional investors are selling Meritor stock?

MTOR stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. Company insiders that have sold Meritor company stock in the last year include Carl Douglas Anderson II, Chris Villavarayan, Jeffrey A Craig, Paul Bialy, Timothy J Heffron, and William R Newlin.
View insider buying and selling activity for Meritor
or view top insider-selling stocks.

How do I buy shares of Meritor?

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

What is Meritor's stock price today?

One share of MTOR stock can currently be purchased for approximately $26.34.

How big of a company is Meritor?

Meritor has a market capitalization of $1.90 billion and generates $3.04 billion in revenue each year. The auto parts company earns $245 million in net income (profit) each year or $1.12 on an earnings per share basis. Meritor employs 8,600 workers across the globe.

What is Meritor's official website?

The official website for Meritor is www.meritor.com.

How can I contact Meritor?

Meritor's mailing address is 2135 W MAPLE ROAD, TROY MI, 48084. The auto parts company can be reached via phone at 248-435-1000 or via email at [email protected]

This page was last updated on 1/18/2021 by MarketBeat.com Staff

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