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:
  • Industry: Auto Parts
  • Sub-Industry: Construction & Farm Machinery & Heavy Trucks
  • Symbol: NYSE:MTOR
  • CUSIP: 59001K10
  • Web:
  • Market Cap: $1.42 billion
  • Outstanding Shares: 88,570,000
Average Prices:
  • 50 Day Moving Avg: $16.79
  • 200 Day Moving Avg: $15.02
  • 52 Week Range: $6.30 - $18.29
  • Trailing P/E Ratio: 2.62
  • Foreward P/E Ratio: 8.94
  • P/E Growth: 1.12
Sales & Book Value:
  • Annual Revenue: $3.07 billion
  • Price / Sales: 0.46
  • Book Value: ($1.84) per share
  • Price / Book: -8.70
  • EBIDTA: $248 million
  • Net Margins: 17.48%
  • Return on Equity: -36.22%
  • Return on Assets: 6.27%
  • Debt-to-Equity Ratio: -5.31%
  • Current Ratio: 1.23%
  • Quick Ratio: 0.73%
  • Average Volume: 933,642 shs.
  • Beta: 2.31
  • Short Ratio: 7.31

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) posted its earnings results on Wednesday, May, 3rd. The company reported $0.35 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.36 by $0.01. The business had revenue of $806 million for the quarter, compared to analyst estimates of $785.42 million. Meritor had a net margin of 17.48% and a negative return on equity of 36.22%. The company's revenue for the quarter was down 1.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.41 earnings per share. View Meritor's Earnings History.

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

Meritor issued an update on its FY17 earnings guidance on Wednesday, May, 3rd. The company provided EPS guidance of ~$1.40 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.41. The company issued revenue guidance of ~$3.01 billion, compared to the consensus revenue estimate of $3.07 billion.

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

7 brokerages have issued 12 month price targets for Meritor's stock. Their forecasts range from $6.00 to $22.00. On average, they anticipate Meritor's share price to reach $14.71 in the next year. 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, "Meritor’s adjusted earnings missed the Zacks Consensus Estimate in the second quarter of fiscal 2017. While revenues beat estimates, it declined year over year in the quarter. Meritor expects results in fiscal 2017 to be lower year over year. Moreover, rising steel prices and customer concentration are other headwinds. However, the company benefited from new business and focus on the M2019 plan. The company will further reduce its debt level per this plan. The company is also looking to introduce 20 products over the next three years, as per the plan. The primary objective of the plan is 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. Moreover, the company has outperformed the Zacks categorized Auto/Truck-Original Equipment industry over the last three months." (5/8/2017)
  • 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 many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (12.65%), Glenview Capital Management LLC (8.05%), BlackRock Inc. (6.79%), LSV Asset Management (5.47%), Dimensional Fund Advisors LP (4.05%) and Victory Capital Management Inc. (3.68%). 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, 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 Hotchkis & Wiley Capital Management LLC, Glenview Capital Management LLC, Victory Capital Management Inc., Neuberger Berman Group LLC, JPMorgan Chase & Co., Scopus Asset Management L.P., Gotham Asset Management LLC and Credit Suisse AG. 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. View Insider Buying and Selling for Meritor.

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 BlackRock Inc., Teachers Advisors LLC, Vanguard Group Inc., Old Mutual Global Investors UK Ltd., AQR Capital Management LLC, AXA, Cipher Capital LP and Prudential Financial 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 $16.00.

MarketBeat Community Rating for Meritor (NYSE MTOR)
Community Ranking:  1.6 out of 5 ()
Outperform Votes:  78 (Vote Outperform)
Underperform Votes:  171 (Vote Underperform)
Total Votes:  249
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) (?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.43)
Consensus Price Target: $14.71 (8.04% downside)

Analysts' Ratings History for Meritor (NYSE:MTOR)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/15/2017Royal Bank of CanadaInitiated CoverageOutperform -> Outperform$22.00HighView Rating Details
3/23/2017Barclays PLCBoost Price TargetEqual Weight$12.00 -> $14.00MediumView Rating Details
2/21/2017KeyCorpUpgradeSector Weight -> Overweight$20.00N/AView Rating Details
1/26/2017Stifel NicolausUpgradeHold -> Buy$14.00 -> $17.00N/AView Rating Details
8/23/2016Longbow ResearchSet Price TargetBuy$14.00N/AView Rating Details
8/8/2016Citigroup IncBoost Price TargetNeutral$9.00 -> $10.00N/AView Rating Details
6/28/2016Piper Jaffray CompaniesDowngradeNeutral -> Underweight$6.50 -> $6.00N/AView Rating Details
3/3/2016Morgan StanleyReiterated RatingOutperformN/AView Rating Details
2/4/2016JPMorgan Chase & Co.Lower Price TargetNeutral$8.50 -> $8.00N/AView Rating Details
(Data available from 5/30/2015 forward)


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
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)


Earnings Estimates for Meritor (NYSE:MTOR)
Current Year EPS Consensus Estimate: $1.41 EPS
Next Year EPS Consensus Estimate: $1.79 EPS


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

Insider Trades

Insider Trading and Institutional Ownership History for Meritor (NYSE:MTOR)
Insider Ownership Percentage: 2.87%
Institutional Ownership Percentage: 90.74%
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
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)


Headline Trends for Meritor (NYSE:MTOR)
Latest Headlines for Meritor (NYSE:MTOR)
DateHeadline logoTechnical Reports on Auto Parts Equities -- Westport Fuel Systems, Autoliv, Lear, and Meritor - May 26 at 7:33 PM logoMeritor Employees Recognized as Women Worth Watching in STEM - May 19 at 11:18 AM logoMeritor, Inc. – Value Analysis (NYSE:MTOR) : May 16, 2017 - May 16 at 6:27 PM logoMeritor Inc (MTOR) Given Consensus Recommendation of "Hold" by Analysts - May 15 at 2:47 PM logoMeritor, Inc. breached its 50 day moving average in a Bearish Manner : MTOR-US : May 15, 2017 - May 15 at 10:17 AM logoRoyal Bank of Canada Initiates Coverage on Meritor Inc (MTOR) - May 15 at 9:32 AM logo Brokerages Expect Meritor Inc (MTOR) Will Post Quarterly Sales of $831.5 Million - May 10 at 9:13 AM logoMeritor Inc (MTOR) Director William R. Newlin Purchases 5,934 Shares - May 9 at 4:26 PM logo Brokerages Anticipate Meritor Inc (MTOR) Will Announce Earnings of $0.44 Per Share - May 9 at 12:22 AM logoMeritor Inc (MTOR) Downgraded by Zacks Investment Research to Hold - May 8 at 3:34 PM logoMeritor (MTOR) Q2 Earnings Miss, Revenues Beat Estimates - May 5 at 9:27 AM logoMeritor (MTOR) Q2 2017 Results - Earnings Call Transcript - May 4 at 11:32 AM logoEdited Transcript of MTOR earnings conference call or presentation 3-May-17 2:00pm GMT - May 3 at 10:44 PM logoMeritor Inc (MTOR) Issues Quarterly Earnings Results - May 3 at 4:38 PM logoMore on Meritor's Q2 - May 3 at 2:02 PM logoMeritor Inc (MTOR) Releases FY17 Earnings Guidance - May 3 at 10:46 AM logoMeritor Reports Second-Quarter Fiscal Year 2017 Results - May 3 at 9:18 AM logoMeritor misses 2Q profit forecasts - May 3 at 9:18 AM logoMeritor EPS in-line, beats on revenue - May 3 at 8:07 AM logoSomewhat Negative Media Coverage Likely to Impact Meritor (MTOR) Stock Price - April 26 at 3:02 PM logoMeritor® 13X Single-Drive Axle Now Available to Fleets for International Truck's Medium-Duty Applications - April 25 at 8:10 AM logoMeritor® Launches A Best-in-Class, User-Friendly Website to Enhance the Process … - April 24 at 7:17 PM logoMeritor® Launches A Best-in-Class, User-Friendly Website to Enhance the Process of Buying Commercial Vehicle Aftermarket Parts - April 24 at 2:16 PM logoMeritor (MTOR) Getting Somewhat Positive Media Coverage, Analysis Finds - April 23 at 4:49 PM logoMeritor® Appoints Myers Diesel Repair as Partner in Meritor Service Point Program - April 20 at 9:52 AM logoMeritor Inc (MTOR) Given Consensus Recommendation of "Buy" by Analysts - April 18 at 3:14 PM logoZacks: Brokerages Anticipate Meritor Inc (MTOR) Will Post Earnings of $0.36 Per Share - April 18 at 11:20 AM logoMeritor (MTOR) Getting Favorable News Coverage, Study Finds - April 15 at 2:33 PM logoMeritor, Inc. breached its 50 day moving average in a Bearish Manner : MTOR-US : April 14, 2017 - April 14 at 6:26 PM logoFalling Earnings Estimates Signal Weakness Ahead for Horizon Global (HZN) - April 10 at 10:20 AM logoMeritor Hosts Conference Call and Webcast to Present Fiscal Year 2017 Second-Quarter Earnings Results - April 7 at 11:22 AM logoMeritor (MTOR) Up 9.5% Since Earnings Report: Can It Continue? - April 7 at 11:22 AM logoTechnical Reports on Auto Parts Equities -- Meritor, Lear, Autoliv, and Westport Fuel Systems - April 3 at 9:55 AM logoMeritor, Inc. Announces Conversion Option for 7.875% Convertible Senior Notes Due 2026 - March 31 at 6:47 PM logoIs Meritor (MTOR) a Great Stock for Value Investors? - March 27 at 10:16 AM logoMeritor Inc (MTOR) Lifted to "Overweight" at KeyCorp - March 26 at 1:42 PM logoMeritor WABCO Hosts SmartTrac™ Stability Control Webinar Series to Help Prepare Fleets for Upcoming ESC Mandate - March 24 at 6:40 PM logoMeritor Inc (MTOR) Receives Average Rating of "Buy" from Analysts - March 24 at 1:34 PM logoHow Meritor (MTOR) Stock Stands Out in a Strong Industry - March 24 at 8:13 AM logoMERITOR INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation - March 24 at 8:13 AM logoMeritor Inc (MTOR) Given New $14.00 Price Target at Barclays PLC - March 23 at 11:05 AM logo3 Auto Parts Stocks to Rev Up Your Portfolio - March 14 at 5:49 PM logoMeritor (MTOR) Elects David Parry to Board of Directors - - March 8 at 9:46 AM logoMeritor® Selects Vonic Fleet Services as Partner in Meritor Service Point Program - March 7 at 6:28 PM logoMeritor® Announces P600 Series Tridem Heavy-Haul Planetary Axle for Severe-Duty Applications - March 7 at 10:16 AM logoMeritor Names David C. Parry to its Board of Directors - March 6 at 6:12 PM logoMERITOR INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits - March 6 at 6:12 PM logoResearch Reports Initiation on Auto Parts Stocks -- Meritor, Lear, Autoliv, and Westport Fuel Systems - March 2 at 9:23 AM logoMeritor® Earns Top 20 Product Award from Heavy Duty Trucking Magazine for MFS™ Series Front-Steer Axle - February 28 at 6:47 PM logoMeritor® Announces 14X HE (High-Efficiency) Tandem Drive Axle for North America Linehaul Market - February 27 at 6:00 PM



Meritor (MTOR) Chart for Tuesday, May, 30, 2017

This page was last updated on 5/30/2017 by Staff