Meritor Company Profile (NYSE:MTOR)

About Meritor (NYSE:MTOR)

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: Cyclical Consumer Goods & Services
  • Industry: Auto, Truck & Motorcycle Parts
  • Sub-Industry: Construction & Farm Machinery & Heavy Trucks
  • Symbol: NYSE:MTOR
  • CUSIP: 59001K10
  • Web: www.meritor.com
Capitalization:
  • Market Cap: $2.35 billion
  • Outstanding Shares: 88,565,000
Average Prices:
  • 50 Day Moving Avg: $24.63
  • 200 Day Moving Avg: $19.02
  • 52 Week Range: $9.84 - $27.03
P/E:
  • Trailing P/E Ratio: 4.30
  • Foreward P/E Ratio: 11.77
  • P/E Growth: 0.68
Sales & Book Value:
  • Annual Revenue: $3.15 billion
  • Price / Sales: 0.74
  • Book Value: ($0.95) per share
  • Price / Book: -27.87
Profitability:
  • EBITDA: $255 million
  • Net Margins: 5.65%
  • Return on Assets: 7.95%
Debt:
  • Debt-to-Equity Ratio: -19.50%
  • Current Ratio: 1.12%
  • Quick Ratio: 0.76%
Misc:
  • Average Volume: 1.58 million shs.
  • Beta: 2.3
  • Short Ratio: 8.49
 

Frequently Asked Questions for Meritor (NYSE:MTOR)

What is Meritor's stock symbol?

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

How were Meritor's earnings last quarter?

Meritor Inc (NYSE:MTOR) issued its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.64 EPS for the quarter, beating analysts' consensus estimates of $0.44 by $0.20. The firm earned $920 million during the quarter, compared to the consensus estimate of $846.19 million. The business's revenue for the quarter was up 9.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.57 earnings per share. View Meritor's Earnings History.

When will Meritor make its next earnings announcement?

Meritor is scheduled to release their next quarterly earnings announcement on Wednesday, November, 15th 2017. View Earnings Estimates for Meritor.

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

Meritor updated its FY17 earnings guidance on Wednesday, August, 2nd. The company provided EPS guidance of ~$1.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.44. The company issued revenue guidance of $3.25 billion, compared to the consensus revenue estimate of $3.15 billion.

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

8 equities research analysts have issued 1 year target prices for Meritor's stock. Their forecasts range from $21.50 to $37.00. On average, they anticipate Meritor's stock price to reach $25.56 in the next twelve months. View Analyst Ratings for Meritor.

What are analysts saying about Meritor stock?

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

  • 1. According to Zacks Investment Research, "Quarterly earnings estimates for Meritor have been going up of late. The company has gained new businesses and customers, which is poised to benefit its financials. It is also planning to launch 20 new products over the next 3 years and aims to achieve a revenue growth of 20% above the market, cumulatively and an increase of $1.25 per share in earnings. Moreover, Meritor’s continuous share repurchase programs are set to lower its interest expenses and improve its debt ratios, leading to a boost in shareholders’ return." (7/25/2017)
  • 2. 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 are some of Meritor's key competitors?

Who are Meritor's key executives?

Meritor's management team includes the folowing people:

  • William R. Newlin, Independent Chairman of the Board, Lead Director
  • Jeffrey A. Craig, President, Chief Executive Officer, Director
  • Kevin A. Nowlan, Chief Financial Officer, Senior Vice President
  • Joseph A. Plomin, President - International
  • Robert H. Speed, President, Aftermarket & Trailer and Chief Procurement Officer
  • Chris Villavarayan, President, Americas
  • April Miller Boise, Senior Vice President, General Counsel, Corporate Secretary
  • Paul Bialy, Vice President, Controller and Principal Accounting Officer
  • Timothy J. Heffron, Chief Information Officer, Vice President- Human Resource
  • Jan A. Bertsch, Director

Who owns Meritor stock?

Meritor's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Robeco Institutional Asset Management B.V. (0.06%), APG Asset Management N.V. (0.06%), Meeder Asset Management Inc. (0.01%) and Strs Ohio (0.01%). Company insiders that own Meritor stock include Ivor J Evans, Jeffrey A Craig, Joseph A Plomin, Kevin Nowlan, Paul Bialy, Robert H Speed, Timothy J Heffron, Victoria J Bridges, William J Lyons and William R Newlin. View Institutional Ownership Trends for Meritor.

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 Strs Ohio. Company insiders that have sold Meritor stock in the last year include Ivor J Evans, Jeffrey A Craig, Kevin Nowlan, Paul Bialy, Robert H Speed, Timothy J Heffron and Victoria J Bridges. View Insider Buying and Selling for Meritor.

Who bought Meritor stock? Who is buying Meritor stock?

Meritor's stock was purchased by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Robeco Institutional Asset Management B.V. and Meeder Asset Management Inc.. Company insiders that have bought Meritor stock in the last two years include William J Lyons and William R Newlin. View Insider Buying and Selling for Meritor.

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.

What is Meritor's stock price today?

One share of Meritor stock can currently be purchased for approximately $26.48.


MarketBeat Community Rating for Meritor (NYSE MTOR)
Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  126 (Vote Outperform)
Underperform Votes:  223 (Vote Underperform)
Total Votes:  349
MarketBeat's community ratings are surveys of what our community members think about Meritor and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Meritor (NYSE:MTOR) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 4 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $25.56 (3.46% downside)
Consensus Price Target History for Meritor (NYSE:MTOR)
Price Target History for Meritor (NYSE:MTOR)
Analysts' Ratings History for Meritor (NYSE:MTOR)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/20/2017Barclays PLCSet Price TargetHold$21.00 -> $22.00N/AView Rating Details
10/12/2017Longbow ResearchDowngradeBuy -> NeutralN/AView Rating Details
9/19/2017KeyCorpReiterated RatingBuy$23.00 -> $37.00HighView Rating Details
9/12/2017Citigroup Inc.Reiterated RatingNeutral$19.00 -> $22.00LowView Rating Details
9/12/2017J P Morgan Chase & CoBoost Price TargetNeutral$19.00 -> $21.50LowView Rating Details
9/12/2017Stifel NicolausReiterated RatingBuy$25.00 -> $26.00MediumView Rating Details
9/5/2017Buckingham ResearchInitiated CoverageBuy -> Buy$25.00LowView Rating Details
9/4/2017Royal Bank Of CanadaReiterated RatingBuy$23.00LowView Rating Details
6/28/2016Piper Jaffray CompaniesDowngradeNeutral -> Underweight$6.50 -> $6.00N/AView Rating Details
3/3/2016Morgan StanleyReiterated RatingOutperformN/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Meritor (NYSE:MTOR)
Earnings by Quarter for Meritor (NYSE:MTOR)
Earnings History by Quarter for Meritor (NYSE MTOR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/14/2017$0.41N/AView Earnings Details
8/2/2017Q3 2017$0.44$0.64$846.19 million$920.00 millionViewListenView Earnings Details
5/3/2017Q2 2017$0.36$0.35$785.42 million$806.00 millionViewListenView Earnings Details
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$0.41$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
11/10/2015Q415$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$0.29$0.35$905.85 million$879.00 millionViewListenView Earnings Details
11/12/2014Q414$0.16$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: $1.70 EPS
Next Year EPS Consensus Estimate: $2.25 EPS

Dividends

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

Insider Trades

Insider Trading and Institutional Ownership History for Meritor (NYSE:MTOR)
Insider Ownership Percentage: 2.87%
Institutional Ownership Percentage: 93.23%
Insider Trades by Quarter for Meritor (NYSE:MTOR)
Institutional Ownership by Quarter for Meritor (NYSE:MTOR)
Insider Trades by Quarter for Meritor (NYSE:MTOR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/8/2017Robert H SpeedSVPSell4,192$19.23$80,612.16View SEC Filing  
5/8/2017William R. NewlinDirectorBuy5,934$16.84$99,928.56View SEC Filing  
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

Headline Trends for Meritor (NYSE:MTOR)
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Meritor (MTOR) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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