NYSE:MTOR - Meritor Stock Price, Price Target & More

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

Meritor Inc (NYSE:MTOR) announced its quarterly earnings results on Thursday, May, 3rd. The auto parts company reported $0.75 EPS for the quarter, topping analysts' consensus estimates of $0.65 by $0.10. The auto parts company earned $1.07 billion during the quarter, compared to analysts' expectations of $974.09 million. Meritor had a net margin of 8.08% and a return on equity of 115.74%. The company's revenue for the quarter was up 32.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.35 earnings per share. View Meritor's Earnings History.

Meritor updated its FY18 earnings guidance on Thursday, May, 3rd. The company provided earnings per share guidance of $2.70-2.85 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.68. The company issued revenue guidance of $4.0-4.1 billion, compared to the consensus revenue estimate of $3.91 billion.

10 equities research analysts have issued 12-month target prices for Meritor's stock. Their predictions range from $21.50 to $37.00. On average, they expect Meritor's stock price to reach $28.55 in the next twelve months. This suggests a possible upside of 39.9% from the stock's current price. View Analyst Ratings for Meritor.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meritor in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Meritor include Gentex (GNTX), Allison Transmission (ALSN), Adient (ADNT), Delphi Technologies (DLPH), Dana (DAN), Dongfeng Motor Group (DNFGY), LCI Industries (LCII), Dorman Products (DORM), Cooper Standard (CPS), Tenneco (TEN), American Axle & Manufact. (AXL), Gentherm (THRM), Standard Motor Products (SMP), Stoneridge (SRI) and Modine Manufacturing (MOD).

News stories about MTOR stock have trended somewhat positive this week, Accern Sentiment reports. The research firm scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Meritor earned a daily sentiment score of 0.21 on Accern's scale. They also assigned media headlines about the auto parts company an impact score of 46.12 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Meritor's stock is owned by a number of of retail and institutional investors. Top institutional investors include Hennessy Advisors Inc. (1.36%), Boston Advisors LLC (1.14%), Mckinley Capital Management LLC Delaware (0.40%), Assenagon Asset Management S.A. (0.36%), Peregrine Capital Management LLC (0.27%) and Bank of Montreal Can (0.17%). Company insiders that own Meritor stock include Chris Villavarayan, Ivor J Evans, Jeffrey A Craig, Joseph A Plomin, Kevin Nowlan, Paul Bialy, Robert H Speed, Timothy J Heffron, Victoria J Bridges and William R Newlin. View Institutional Ownership Trends for Meritor.

MTOR stock was sold by a variety of institutional investors in the last quarter, including SG Capital Management LLC, Mckinley Capital Management LLC Delaware, Assenagon Asset Management S.A., Peregrine Capital Management LLC, Fox Run Management L.L.C., Hennessy Advisors Inc. and Bank of Montreal Can. Company insiders that have sold Meritor company stock in the last year include Chris Villavarayan, Jeffrey A Craig, Joseph A Plomin, Kevin Nowlan, Paul Bialy, Robert H Speed and Timothy J Heffron. View Insider Buying and Selling for Meritor.

MTOR stock was purchased by a variety of institutional investors in the last quarter, including Boston Advisors LLC and James Investment Research Inc.. View Insider Buying and Selling for 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, Scottrade, Fidelity and Charles Schwab.

One share of MTOR stock can currently be purchased for approximately $20.41.

Meritor has a market capitalization of $1.79 billion and generates $3.35 billion in revenue each year. The auto parts company earns $324 million in net income (profit) each year or $1.88 on an earnings per share basis. Meritor employs 8,200 workers across the globe.

Meritor's mailing address is 2135 West Maple Road, TROY MI, 48084. The auto parts company can be reached via phone at 248-435-1000 or via email at [email protected]