Meritor, 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
- 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
- Net Margins: 17.48%
- Return on Equity: -36.22%
- Return on Assets: 6.27%
Companies Related to Meritor:
- Debt-to-Equity Ratio: -5.31%
- Current Ratio: 1.23%
- Quick Ratio: 0.73%
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.