Log in

Meritor Stock Price, Forecast & Analysis (NYSE:MTOR)

$24.19
-0.51 (-2.06 %)
(As of 11/15/2019 04:00 PM ET)
Today's Range
$23.58
Now: $24.19
$24.90
50-Day Range
$16.61
MA: $20.74
$24.74
52-Week Range
$15.01
Now: $24.19
$25.78
Volume1.21 million shs
Average Volume955,372 shs
Market Capitalization$2.00 billion
P/E Ratio6.33
Dividend YieldN/A
Beta2.3
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, Industrial and Trailer. Read More…

Industry, Sector and Symbol

Industry Motor vehicle parts & accessories
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
SectorAuto/Tires/Trucks
CUSIP59001K10
Phone248-435-1000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.39 billion
Cash Flow$5.14 per share
Book Value$5.03 per share

Profitability

Net Income$117 million

Miscellaneous

Employees8,600
Market Cap$2.00 billion
Next Earnings Date2/4/2020 (Estimated)
OptionableOptionable

Receive MTOR News and Ratings via Email

Sign-up to receive the latest news and ratings for MTOR and its competitors with MarketBeat's FREE daily newsletter.


Meritor (NYSE:MTOR) Frequently Asked Questions

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) released its quarterly earnings data on Wednesday, November, 13th. The auto parts company reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.15. The auto parts company earned $1.03 billion during the quarter, compared to analyst estimates of $1.06 billion. Meritor had a return on equity of 78.25% and a net margin of 6.63%. The business's revenue for the quarter was down 4.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.82 earnings per share. View Meritor's Earnings History.

When is Meritor's next earnings date?

Meritor is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Meritor.

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

Meritor updated its FY20 earnings guidance on Wednesday, November, 13th. The company provided earnings per share (EPS) guidance of $2.75-2.85 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.18. The company issued revenue guidance of $3.7-3.8 billion, compared to the consensus revenue estimate of $4.14 billion.

What price target have analysts set for MTOR?

8 brokers have issued 12-month price targets for Meritor's shares. Their forecasts range from $18.00 to $30.00. On average, they anticipate Meritor's share price to reach $23.49 in the next year. This suggests that the stock has a possible downside of 2.9%. View Analyst Price Targets for Meritor.

What is the consensus analysts' recommendation for Meritor?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meritor in the last year. There are currently 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Meritor.

Has Meritor been receiving favorable news coverage?

Media coverage about MTOR stock has been trending extremely negative on Saturday, InfoTrie reports. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Meritor earned a media sentiment score of -5.0 on InfoTrie's scale. They also gave news stories about the auto parts company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for Meritor.

Are investors shorting Meritor?

Meritor saw a decrease in short interest in the month of October. As of October 31st, there was short interest totalling 8,630,000 shares, a decrease of 6.0% from the September 30th total of 9,180,000 shares. Based on an average trading volume of 875,500 shares, the days-to-cover ratio is presently 9.9 days. Currently, 11.1% of the shares of the stock are sold short. View Meritor's Current Options Chain.

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 Intel (INTC), Micron Technology (MU), NVIDIA (NVDA), CVS Health (CVS), Applied Materials (AMAT), Alibaba Group (BABA), Caterpillar (CAT), Visa (V), Lam Research (LRCX) and Ford Motor (F).

Who are Meritor's key executives?

Meritor's management team includes the folowing people:
  • Mr. Jeffrey A. Craig, Pres, CEO & Director (Age 59)
  • Ms. April Miller Boise, Sr. VP, Chief Legal Officer & Corp. Sec. (Age 50)
  • Mr. Joseph A. Plomin Jr., Sr. VP and Pres of Aftermarket & Industrial & Trailer (Age 57)
  • Mr. Chrishan Anton Sebastian Villavarayan, Sr. VP & Pres of Global Truck (Age 49)
  • Mr. Carl D. Anderson II, Sr. VP & CFO

Who are Meritor's major shareholders?

Meritor's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Peregrine Capital Management LLC (0.39%), ICM Asset Management Inc. WA (0.37%), Chicago Equity Partners LLC (0.28%), Mackay Shields LLC (0.25%), California Public Employees Retirement System (0.22%) and Beacon Investment Advisory Services Inc. (0.13%). Company insiders that own Meritor stock include Boise April Miller, Chris Villavarayan, Jeffrey A Craig, Joseph A Plomin, Kevin Nowlan, Paul Bialy, Rodger L Boehm and Timothy J Heffron. 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 Peregrine Capital Management LLC, Hancock Whitney Corp, Systematic Financial Management LP, Oak Grove Capital LLC, Fox Run Management L.L.C., James Investment Research Inc., Sheaff Brock Investment Advisors LLC and Alberta Investment Management Corp. Company insiders that have sold Meritor company stock in the last year include Boise April Miller, Chris Villavarayan, Jeffrey A Craig, Joseph A Plomin, Kevin Nowlan, Paul Bialy and Timothy J Heffron. View Insider Buying and Selling for Meritor.

Which institutional investors are buying Meritor stock?

MTOR stock was purchased by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, ICM Asset Management Inc. WA, California Public Employees Retirement System, Denali Advisors LLC, Mackay Shields LLC, Livforsakringsbolaget Skandia Omsesidigt, Beacon Investment Advisory Services Inc. and Robeco Institutional Asset Management B.V.. View Insider Buying and Selling for Meritor.

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 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 $24.19.

How big of a company is Meritor?

Meritor has a market capitalization of $2.00 billion and generates $4.39 billion in revenue each year. The auto parts company earns $117 million in net income (profit) each year or $3.82 on an earnings per share basis. Meritor employs 8,600 workers across the globe.View Additional Information About Meritor.

What is Meritor's official website?

The official website for Meritor is http://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]


MarketBeat Community Rating for Meritor (NYSE MTOR)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  325 (Vote Outperform)
Underperform Votes:  429 (Vote Underperform)
Total Votes:  754
MarketBeat's community ratings are surveys of what our community members think about Meritor and other stocks. Vote "Outperform" if you believe MTOR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MTOR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/16/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel