Meritor Company Profile (NYSE:MTOR)

About Meritor

Meritor logoMeritor, Inc. is a supplier of a range of integrated systems, modules and components to original equipment manufacturers (OEMs) and the aftermarket for the commercial vehicle, transportation and industrial sectors. The Company's segments include Commercial Truck & Industrial and Aftermarket & Trailer. The Commercial Truck & Industrial segment supplies drivetrain systems and components, including axles, drivelines and braking and suspension systems, for medium- and heavy-duty trucks, off-highway, military, construction, bus and coach, fire and emergency and other applications in North America, South America, Europe and Asia Pacific. The Commercial Truck & Industrial segment also includes the Company's aftermarket businesses in Asia Pacific and South America. The Aftermarket & Trailer segment supplies axles, brakes, drivelines, suspension parts and other replacement and remanufactured parts to commercial vehicle aftermarket customers in North America and Europe.

Industry, Sector and Symbol:
  • Sector: Auto/Tires/Trucks
  • Industry: Auto Parts
  • Sub-Industry: Construction & Farm Machinery & Heavy Trucks
  • Exchange: NYSE
  • Symbol: MTOR
  • CUSIP: 59001K10
Key Metrics:
  • Previous Close: $16.18
  • 50 Day Moving Average: $14.86
  • 200 Day Moving Average: $12.29
  • 52-Week Range: $6.30 - $16.79
  • Trailing P/E Ratio: 2.61
  • Foreward P/E Ratio: 9.46
  • P/E Growth: 1.72
  • Market Cap: $1.43B
  • Outstanding Shares: 88,191,000
  • Beta: 2.31
Profitability:
  • Net Margins: 17.48%
  • Return on Equity: -36.22%
  • Return on Assets: 6.27%
Debt:
  • Debt-to-Equity Ratio: -5.31%
  • Current Ratio: 1.23%
  • Quick Ratio: 0.73%
Additional Links:
Companies Related to Meritor:

Analyst Ratings

Consensus Ratings for Meritor (NYSE:MTOR) (?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.43)
Consensus Price Target: $13.17 (18.62% downside)

Analysts' Ratings History for Meritor (NYSE:MTOR)
Show:
DateFirmActionRatingPrice TargetDetails
2/21/2017KeyCorpUpgradeSector Weight -> Overweight$20.00View Rating Details
2/2/2017Barclays PLCBoost Price TargetEqual Weight$11.00 -> $12.00View Rating Details
1/26/2017Stifel NicolausUpgradeHold -> Buy$14.00 -> $17.00View Rating Details
8/23/2016Longbow ResearchSet Price TargetBuy$14.00View Rating Details
8/8/2016Citigroup Inc.Boost Price TargetNeutral$9.00 -> $10.00View Rating Details
6/28/2016Piper Jaffray CompaniesDowngradeNeutral -> Underweight$6.50 -> $6.00View Rating Details
3/3/2016Morgan StanleyReiterated RatingOutperformView Rating Details
2/4/2016J P Morgan Chase & CoLower Price TargetNeutral$8.50 -> $8.00View Rating Details
(Data available from 2/25/2015 forward)

Earnings

Earnings History for Meritor (NYSE:MTOR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017        
2/1/2017Q117$0.19$0.25$721.43 million$699.00 millionViewListenView Earnings Details
11/16/2016Q416$0.28$0.34$747.98 million$728.00 millionViewListenView Earnings Details
8/3/2016Q316$0.43$0.57$841.79 million$841.00 millionViewListenView Earnings Details
5/4/2016Q216$0.42$0.41$836.91 million$821.00 millionViewListenView Earnings Details
2/3/2016Q116$0.37$0.33$843.61 million$809.00 millionViewListenView Earnings Details
11/11/2015Q415$0.30$0.39$866.66 million$853.00 millionViewListenView Earnings Details
7/29/2015Q315$0.33$0.41$913.69 million$909.00 millionViewListenView Earnings Details
4/29/2015Q215$0.32$0.41$946.57 million$864.00 millionViewListenView Earnings Details
1/28/2015Q115$0.28$0.35$905.85 million$879.00 millionViewListenView Earnings Details
11/12/2014Q414$0.14$0.35$919.71 million$933.00 millionViewListenView Earnings Details
7/31/2014Q314$0.15$0.28$974.85 million$986.00 millionViewListenView Earnings Details
5/1/2014Q214$0.09$0.22$920.24 million$962.00 millionViewListenView Earnings Details
1/29/2014Q114$0.06$0.12$922.07 million$907.00 millionViewListenView Earnings Details
11/13/2013Q413$0.10$0.11$965.84 million$909.00 millionViewListenView Earnings Details
7/31/2013Q3 2013$0.19$0.34$1.02 billion$993.00 millionViewListenView Earnings Details
4/30/2013Q2 2013$0.04$0.06$912.60 million$908.00 millionViewListenView Earnings Details
1/30/2013Q1 2013$0.04($0.11)$940.73 million$891.00 millionViewListenView Earnings Details
11/14/2012Q412$0.19$0.32$1.01 billion$986.00 millionViewN/AView Earnings Details
8/1/2012$0.39$0.38ViewN/AView Earnings Details
5/2/2012$0.26$0.33ViewN/AView Earnings Details
2/2/2012$0.16$0.12ViewN/AView Earnings Details
11/15/2011$0.25$0.32ViewN/AView Earnings Details
8/2/2011$0.30$0.26ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Meritor (NYSE:MTOR)
Current Year EPS Consensus Estimate: $1.34 EPS
Next Year EPS Consensus Estimate: $1.71 EPS

Dividends

Dividend History for Meritor (NYSE:MTOR)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Meritor (NYSE:MTOR)
Insider Ownership Percentage: 2.87%
Institutional Ownership Percentage: 90.74%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/3/2017Ivor J EvansDirectorSell160,925$15.00$2,413,875.00View SEC Filing  
2/3/2017Timothy J HeffronSVPSell6,000$15.07$90,420.00View SEC Filing  
2/2/2017Timothy J. HeffronSVPSell2,800$15.15$42,420.00View SEC Filing  
1/3/2017Kevin NowlanCFOSell5,250$12.70$66,675.00View SEC Filing  
12/12/2016Victoria J. BridgesDirectorSell3,868$12.95$50,090.60View SEC Filing  
12/2/2016Ivor J. EvansDirectorSell238,077$12.44$2,961,677.88View SEC Filing  
12/2/2016Jeffrey A. CraigCEOSell108,780$12.44$1,353,223.20View SEC Filing  
12/2/2016Kevin NowlanCFOSell22,796$12.45$283,810.20View SEC Filing  
12/2/2016Paul BialyVPSell2,740$12.44$34,085.60View SEC Filing  
12/2/2016Timothy J. HeffronSVPSell14,005$12.45$174,362.25View SEC Filing  
5/19/2016William J LyonsDirectorBuy2,799$8.01$22,419.99View SEC Filing  
12/2/2015Jeffrey A CraigCEOSell19,496$10.34$201,588.64View SEC Filing  
12/2/2015Joseph A PlominInsiderSell4,323$10.34$44,699.82View SEC Filing  
12/2/2015Kevin NowlanCFOSell1,858$10.35$19,230.30View SEC Filing  
12/2/2015Paul BialyVPSell2,655$10.32$27,399.60View SEC Filing  
2/9/2015William J LyonsDirectorBuy1,920$13.71$26,323.20View SEC Filing  
2/3/2015William R NewlinDirectorBuy18,670$13.34$249,057.80View SEC Filing  
12/2/2014Jeffrey A CraigCOOSell34,400$13.98$480,912.00View SEC Filing  
12/2/2014Kevin NowlanCFOSell3,200$13.98$44,736.00View SEC Filing  
8/28/2014William J LyonsDirectorBuy1,868$13.59$25,386.12View SEC Filing  
5/9/2014William LyonsDirectorBuy5,576$13.40$74,718.40View SEC Filing  
5/6/2014William NewlinDirectorBuy21,897$13.60$297,799.20View SEC Filing  
12/3/2013Jeffrey CraigVPSell8,729$7.73$67,475.17View SEC Filing  
12/3/2013Kevin NowlanCFOSell1,091$7.75$8,455.25View SEC Filing  
12/2/2013William LyonsDirectorBuy3,269$7.82$25,563.58View SEC Filing  
11/22/2013William NewlinDirectorBuy13,850$7.19$99,581.50View SEC Filing  
11/21/2013William NewlinDirectorBuy14,044$7.12$99,993.28View SEC Filing  
11/14/2013William NewlinDirectorBuy29,282$6.70$196,189.40View SEC Filing  
8/12/2013William LyonsDirectorBuy1,050$7.68$8,064.00View SEC Filing  
8/9/2013William LyonsDirectorBuy2,000$7.65$15,300.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Meritor (NYSE:MTOR)
DateHeadline
seekingalpha.com logoMeritor Pursuing Bold Goals As Markets Bottom Out - Seeking Alpha (NYSE:MTOR)
seekingalpha.com - February 24 at 4:05 PM
News IconPress renders of the LG G6 leak ahead of announcement (NYSE:MTOR)
ekosvoice.com - February 23 at 6:45 PM
News Icon39 hedge funds buy Meritor, Inc. (MTOR) for the first time (NYSE:MTOR)
latribunadecanarias.com - February 23 at 6:45 PM
News IconThe Meritor, Inc. (MTOR) Updates FY17 Earnings Guidance (NYSE:MTOR)
nyhetsbanken.info - February 23 at 6:45 PM
News IconEarnings Take Center Stage; Analysts Weighing in on Meritor, Inc. (NYSE:MTOR) - Aiken Advocate (NYSE:MTOR)
aikenadvocate.com - February 23 at 8:40 AM
News IconFiscal Year Earnings Estimate on Meritor, Inc.(MTOR) - Money Flow Index & Trends (NYSE:MTOR)
www.moneyflowtrends.com - February 23 at 8:40 AM
News IconAnalysts Peer Into Their Crystal Balls For Meritor, Inc. (NYSE:MTOR): Where Is It headed? - Winfield Review (NYSE:MTOR)
winfieldreview.com - February 22 at 8:37 AM
marketexclusive.com logoAnalyst Upgrades – Meritor (NYSE:MTOR) Stock Gets Upgraded By KeyCorp from Overweight to (NYSE:MTOR)
marketexclusive.com - February 21 at 6:13 PM
finance.yahoo.com logoMeritor upgraded by KeyBanc Capital Mkts (NYSE:MTOR)
finance.yahoo.com - February 21 at 6:13 PM
thestreet.com logoAnalysts' Actions -- Freeport-McMoran, Dick's Sporting Goods, Meritor and More (NYSE:MTOR)
www.thestreet.com - February 21 at 6:13 PM
finance.yahoo.com logoMeritor Earns Diamond Supplier Award from Navistar (NYSE:MTOR)
finance.yahoo.com - February 20 at 6:04 PM
News IconTwo Stable Stocks: Teradyne Inc. (NYSE:TER), Meritor, Inc. (NYSE:MTOR) - The Newburgh Press (NYSE:MTOR)
newburghpress.com - February 17 at 4:28 PM
News IconTrading Update on Shares of Meritor Inc. (MTOR) - Baldwin Journal (NYSE:MTOR)
baldwinjournal.com - February 17 at 4:28 PM
News IconNumbers in Focus for Meritor, Inc. (NYSE:MTOR) - Midway Monitor (NYSE:MTOR)
midwaymonitor.com - February 14 at 8:48 PM
News IconMarket Scout: Checking the Levels for Meritor Inc. (MTOR) - Benton Bulletin (NYSE:MTOR)
bentonbulletin.com - February 9 at 12:35 AM
capitalcube.com logoMeritor, Inc. :MTOR-US: Earnings Analysis: Q1, 2017 By the Numbers : February 7, 2017 (NYSE:MTOR)
www.capitalcube.com - February 7 at 8:01 PM
News IconAnalyst Recommendations And Earnings Forecast: Meritor, Inc. (MTOR), AK Steel Holding Corporation (AKS) - Post Analyst (NYSE:MTOR)
postanalyst.com - February 6 at 9:42 AM
finance.yahoo.com logoIs the Options Market Predicting a Spike in Meritor (MTOR) Stock? (NYSE:MTOR)
finance.yahoo.com - February 6 at 9:42 AM
News IconMeritor, Inc. (NYSE:MTOR) Quarterly Sales Review - The Newburgh Press (NYSE:MTOR)
newburghpress.com - February 4 at 6:42 PM
News IconMeritor, Inc. (NYSE:MTOR) , Knoll, Inc. (NYSE:KNL) (NYSE:MTOR)
mlbinjurynews.com - February 4 at 5:31 AM
seekingalpha.com logoMore on Meritor's FQ1 - Seeking Alpha (NYSE:MTOR)
seekingalpha.com - February 2 at 7:31 PM
finance.yahoo.com logoCan The Uptrend Continue for Meritor (MTOR)? (NYSE:MTOR)
finance.yahoo.com - February 2 at 7:31 PM
finance.yahoo.com logoEdited Transcript of MTOR earnings conference call or presentation 1-Feb-17 3:00pm GMT (NYSE:MTOR)
finance.yahoo.com - February 2 at 12:48 AM
News IconPitney Bowes Inc. (NYSE:PBI) , Meritor, Inc. (NYSE:MTOR) (NYSE:MTOR)
perspectivabetica.com - February 1 at 7:47 PM
biz.yahoo.com logoQ1 2017 Meritor Inc Earnings Release - Before Market Open (NYSE:MTOR)
us.rd.yahoo.com - February 1 at 7:47 PM
us.rd.yahoo.com logoMeritor Reports First-Quarter Fiscal Year 2017 Results (NYSE:MTOR)
us.rd.yahoo.com - February 1 at 7:47 PM
us.rd.yahoo.com logo8:02 am Meritor misses by $0.02, misses on revs; reaffirms FY17 EPS guidance, revs guidance (NYSE:MTOR)
us.rd.yahoo.com - February 1 at 7:47 PM
sg.finance.yahoo.com logoMeritor tops 1Q profit forecasts (NYSE:MTOR)
us.rd.yahoo.com - February 1 at 7:47 PM
finance.yahoo.com logoHow to Pick Winning Stocks When the Market is Going Down (NYSE:MTOR)
finance.yahoo.com - January 31 at 7:37 PM
News IconAverage Directional Index in Review for Meritor Inc. (MTOR) - Springdale Times (NYSE:MTOR)
springdaletimes.com - January 30 at 7:23 PM
News IconCrunching the Numbers for Meritor Inc. (MTOR) - Sherwood Daily (NYSE:MTOR)
sherwooddaily.com - January 28 at 11:50 PM
News IconTechnical Buzz on Meritor, Inc. (NYSE:MTOR) - The Tribune (NYSE:MTOR)
lakecitytribune.com - January 28 at 11:50 PM
News IconFastSet™ King Ream Pin Kit allows grease to permeate high-wear areas. (NYSE:MTOR)
news.thomasnet.com - January 28 at 2:12 AM
News IconWhat is the Street Saying About Meritor, Inc. (NYSE:MTOR)? – Aiken ... - Aiken Advocate (NYSE:MTOR)
aikenadvocate.com - January 26 at 10:24 PM
News IconEarnings in Full Force, Analysts Take Aim at Meritor, Inc. (NYSE:MTOR) - Wall Street Beacon (NYSE:MTOR)
wsbeacon.com - January 26 at 10:24 PM
News IconWhat are Stock Advisors saying about Meritor, Inc. (MTOR) - Highland Mirror (NYSE:MTOR)
www.highlandmirror.com - January 26 at 10:24 PM
News IconAre Analysts Predicting a Near-Term Upswing For Meritor, Inc. (NYSE:MTOR)? - Wall Street Beacon (NYSE:MTOR)
wsbeacon.com - January 25 at 12:29 AM
4-traders.com logoMeritor : Virtual Reality App Showcases Advanced Product Solutions from Meritor® (NYSE:MTOR)
www.4-traders.com - January 24 at 7:27 PM
nasdaq.com logoCommit To Buy Meritor At $11, Earn 11.3% Annualized Using Options (NYSE:MTOR)
www.nasdaq.com - January 24 at 7:27 PM
finance.yahoo.com logoMeritor Virtual Reality App Showcases Advanced Product Solutions from Meritor® (NYSE:MTOR)
finance.yahoo.com - January 24 at 7:26 PM
capitalcube.com logoETFs with exposure to Meritor, Inc. : January 24, 2017 (NYSE:MTOR)
www.capitalcube.com - January 24 at 7:26 PM
finance.yahoo.com logoMeritor Announces Third-Year Extension of 'Shoes for Soldiers' to Help Position Wounded Veterans for Success (NYSE:MTOR)
finance.yahoo.com - January 24 at 7:26 PM
finance.yahoo.com logoMeritor® Expands FastSet™ No-Ream King Pin Kit Product Line (NYSE:MTOR)
finance.yahoo.com - January 24 at 7:26 PM
finance.yahoo.com logoDoctor Preload® Distributed by Meritor® Named No. 1 Tool by Shop Owners and Technicians (NYSE:MTOR)
finance.yahoo.com - January 24 at 7:26 PM
News IconRSI, CCI, and ADX Levels in View for Meritor Inc. (MTOR) - Springdale Times (NYSE:MTOR)
springdaletimes.com - January 24 at 6:38 AM
News IconStock Touches New High Post-Inauguration: Meritor, Inc. (NYSE:MTOR) - Wall Street Beacon (NYSE:MTOR)
wsbeacon.com - January 23 at 10:02 AM
finance.yahoo.com logoZacks Industry Outlook Highlights: Volkswagen, Meritor, Tenneco and Magna International (NYSE:MTOR)
finance.yahoo.com - January 23 at 10:02 AM
4-traders.com logoAutoliv : Research Reports Coverage on Auto Parts Stocks -- Meritor, Lear, Westport Fuel Systems, and Autoliv (NYSE:MTOR)
www.4-traders.com - January 18 at 7:17 PM
News IconInvestor Corner: Checking in on Shares of Meritor Inc. (MTOR) - Springdale Times (NYSE:MTOR)
springdaletimes.com - January 18 at 6:56 AM
News IconMarkets End Mostly Higher, How Did This Stock Fare: Meritor, Inc. (NYSE:MTOR) - Wall Street Beacon (NYSE:MTOR)
wsbeacon.com - January 15 at 6:17 PM

Social

What is Meritor's stock symbol?

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

Where is Meritor's stock going? Where will Meritor's stock price be in 2017?

7 brokerages have issued 1 year target prices for Meritor's stock. Their predictions range from $6.00 to $20.00. On average, they anticipate Meritor's stock price to reach $13.17 in the next year.

When will Meritor announce their earnings?

Meritor is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.

What are analysts saying about Meritor stock?

Here are some recent quotes from research analysts about Meritor stock:

  • According to Zacks Investment Research, "Meritor has outperformed the Zacks-categorized Auto/Truck-Original Equipment industry over a year. The share price benefited from better-than-expected results in fiscal 2016, benefits from new business and focus on M2019 plan. The company will further reduce its debt level per this plan. The company is also looking to introduce 20 new products over the next 3 years, as per the plan. The primary objectives of the plan are to grow revenues by 20% and increase earnings per share by $1.25. Meritor is also aiming for new business wins to achieve the revenue growth target in this time frame." (1/27/2017)

  • Stifel Nicolaus analysts commented, "Our upgrade is primarily a reflection of incorporating higher assumptions for production of heavy and medium duty commercial vehicles into our models. Specifically, we are increasing our Class 8 production estimates for 2018 and 2019 from 210,000 and 250,000 units to 230,000 and 265,000 units, respectively. Meanwhile, we are maintaining our 2017 Class 8 production forecast at an even 200,000 units, reflective of only tepid Class 8 orders the past several months. The increases to our 2018 and 2019 production estimates reflect a combination of improving economic and industry factors, including expected impact from electronic logging devices. For detail on our current high-level thoughts, see today's industry report." (1/26/2017)

Who owns Meritor stock?

Meritor's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Glenview Capital Management LLC (9.22%), Dimensional Fund Advisors LP (3.89%), Frontier Capital Management Co. LLC (2.54%), State Street Corp (1.88%), Royce & Associates LP (1.15%) and AQR Capital Management LLC (0.60%). Company insiders that own Meritor stock include Ivor J Evans, Jeffrey A Craig, Joseph A Plomin, Kevin Nowlan, Paul Bialy, Timothy J Heffron, Victoria J Bridges and William J Lyons.

Who sold Meritor stock? Who is selling Meritor stock?

Meritor's stock was sold by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Federated Investors Inc. PA and Metropolitan Life Insurance Co. NY. Company insiders that have sold Meritor stock in the last year include Ivor J Evans, Jeffrey A Craig, Kevin Nowlan, Paul Bialy, Timothy J Heffron and Victoria J Bridges.

Who bought Meritor stock? Who is buying Meritor stock?

Meritor's stock was acquired by a variety of institutional investors in the last quarter, including Glenview Capital Management LLC, Renaissance Technologies LLC, Numeric Investors LLC, Dimensional Fund Advisors LP, Royce & Associates LP, Two Sigma Investments LP, Russell Investments Group Ltd. and Capstone Investment Advisors LLC.

How do I buy Meritor stock?

Shares of Meritor can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Meritor stock cost?

One share of Meritor stock can currently be purchased for approximately $16.18.

Meritor (NYSE:MTOR) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Meritor (NYSE:MTOR)

Earnings History Chart

Earnings by Quarter for Meritor (NYSE:MTOR)

Dividend History Chart

Dividend Payments by Quarter for Meritor (NYSE:MTOR)

Last Updated on 2/25/2017 by MarketBeat.com Staff