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S&P 500   3,850.92
DOW   31,172.10
QQQ   323.44
S&P 500   3,850.92
DOW   31,172.10
QQQ   323.44
S&P 500   3,850.92
DOW   31,172.10
QQQ   323.44
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NYSE:MTOR

Meritor Stock Forecast, Price & News

$26.70
-0.02 (-0.07 %)
(As of 01/20/2021 01:08 PM ET)
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Today's Range
$26.49
Now: $26.70
$27.13
50-Day Range
$26.34
MA: $27.77
$28.72
52-Week Range
$10.91
Now: $26.70
$29.53
Volume16,456 shs
Average Volume540,159 shs
Market Capitalization$1.93 billion
P/E Ratio8.37
Dividend YieldN/A
Beta2.19
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 and Industrial. The Commercial Truck segment supplies drivetrain systems and components, including axles, drivelines, and braking and suspension systems primarily for medium-and heavy-duty trucks and other applications; and various undercarriage products and systems for trailer applications. The Aftermarket and Industrial segment supplies axles, brakes, drivelines, suspension parts, and other replacement parts to commercial vehicle and industrial aftermarket customers. It also supplies drivetrain systems and various components, such as axles, drivelines, brakes, and suspension systems for military, construction, bus and coach, fire and emergency, and other applications. The company also sells other complementary products, including third-party and private label items, which include brake shoes and friction materials; automatic slack adjusters; yokes and shafts; wheel-end hubs and drums; ABS and stability control systems; shock absorbers and air springs; and air brakes. Meritor, Inc. sells its products under the Meritor, Euclid, Trucktechnic, US Gear, AxleTech, and Mach brands primarily to OEMs, their parts marketing operations, and their dealers, as well as other independent distributors and service garages in the aftermarket industry in North America, South America, Europe, and the Asia Pacific. The company was formerly known as ArvinMeritor, Inc. and changed its name to Meritor, Inc. in March 2011. Meritor, Inc. was founded in 1909 and is headquartered in Troy, Michigan.
Meritor logo

MarketRank

Overall MarketRank

1.64 out of 5 stars

Auto/Tires/Trucks Sector

32nd out of 149 stocks

Motor Vehicle Parts & Accessories Industry

16th out of 59 stocks

Analyst Opinion: 1.3Community Rank: 2.1Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Motor vehicle parts & accessories
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
CUSIP59001K10
Phone248-435-1000
Employees8,600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.04 billion
Cash Flow$2.56 per share
Book Value$6.85 per share

Profitability

Net Income$245 million

Miscellaneous

Market Cap$1.93 billion
Next Earnings Date2/4/2021 (Estimated)
OptionableOptionable
$26.70
-0.02 (-0.07 %)
(As of 01/20/2021 01:08 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Meritor (NYSE:MTOR) Frequently Asked Questions

How has Meritor's stock price been impacted by Coronavirus?

Meritor's stock was trading at $17.16 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MTOR stock has increased by 55.2% and is now trading at $26.63.
View which stocks have been most impacted by COVID-19
.

Is Meritor a buy right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Meritor in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Meritor stock.
View analyst ratings for Meritor
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Meritor?

Wall Street analysts have given Meritor a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Meritor wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Meritor's next earnings date?

Meritor is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for Meritor
.

How were Meritor's earnings last quarter?

Meritor, Inc. (NYSE:MTOR) announced its quarterly earnings results on Thursday, November, 12th. The auto parts company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.12. The auto parts company had revenue of $758 million for the quarter, compared to the consensus estimate of $736 million. Meritor had a net margin of 8.02% and a return on equity of 19.93%. The firm's quarterly revenue was down 26.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.83 EPS.
View Meritor's earnings history
.

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

Meritor updated its FY21 earnings guidance on Thursday, November, 12th. The company provided earnings per share (EPS) guidance of $1.10-1.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.96. The company issued revenue guidance of $3.1-3.35 billion, compared to the consensus revenue estimate of $3.35 billion.

What price target have analysts set for MTOR?

5 brokerages have issued 1 year price targets for Meritor's stock. Their forecasts range from $23.00 to $34.00. On average, they anticipate Meritor's share price to reach $25.80 in the next twelve months. This suggests that the stock has a possible downside of 3.1%.
View analysts' price targets for Meritor
or view Wall Street analyst' top-rated stocks.

Are investors shorting Meritor?

Meritor saw a decrease in short interest in December. As of December 31st, there was short interest totaling 2,860,000 shares, a decrease of 21.6% from the December 15th total of 3,650,000 shares. Based on an average trading volume of 579,900 shares, the short-interest ratio is currently 4.9 days. Currently, 4.2% of the company's stock are short sold.
View Meritor's Short Interest
.

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 Micron Technology (MU), NVIDIA (NVDA), Intel (INTC), Advanced Micro Devices (AMD), CVS Health (CVS), Applied Materials (AMAT), Visa (V), Caterpillar (CAT), Gilead Sciences (GILD) and Pfizer (PFE).

Who are Meritor's key executives?

Meritor's management team includes the following people:
  • Mr. Jeffrey A. Craig, Pres, CEO & Director (Age 61, Pay $1.35M)
  • Mr. Carl D. Anderson II, Sr. VP & CFO (Age 52, Pay $691.06k)
  • Mr. Chrishan Anthon Sebastian Villavarayan, Exec. VP & COO (Age 51, Pay $798.75k)
  • Mr. Timothy J. Heffron, Sr. VP of HR & Chief Information Officer (Age 57, Pay $570.02k)
  • Ms. Hannah S. Lim-Johnson Esq., Sr. VP, Chief Legal Officer & Corp. Sec. (Age 49, Pay $445.01k)
  • Mr. Paul D. Bialy, VP & Chief Accounting Officer
  • Mr. Todd Chirillo, Sr. Director of Investor Relations
  • Ms. Krista L. Sohm, VP and Chief Marketing & Communication Officer
  • Mr. Timothy Earl Joseph Bowes, Group VP and Pres of Industrial & North America Aftermarket (Age 58)
  • Mr. John Nelligan, Group VP & Pres of North America Truck

What is Meritor's stock symbol?

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

Who are Meritor's major shareholders?

Meritor's stock is owned by a number of institutional and retail investors. Top institutional investors include Frontier Capital Management Co. LLC (0.81%), Peregrine Capital Management LLC (0.81%), State of Alaska Department of Revenue (0.08%) and Exchange Traded Concepts LLC (0.02%). Company insiders that own Meritor stock include Boise April Miller, Carl Douglas Anderson II, Chris Villavarayan, Jeffrey A Craig, Joseph A Plomin, Paul Bialy, Rodger L Boehm, Timothy J Heffron and William R Newlin.
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 Frontier Capital Management Co. LLC, and State of Alaska Department of Revenue. Company insiders that have sold Meritor company stock in the last year include Carl Douglas Anderson II, Chris Villavarayan, Jeffrey A Craig, Paul Bialy, Timothy J Heffron, and William R Newlin.
View insider buying and selling activity for Meritor
or view top insider-selling stocks.

Which institutional investors are buying Meritor stock?

MTOR stock was purchased by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, and Exchange Traded Concepts LLC.
View insider buying and selling activity for Meritor
or or view top insider-buying stocks.

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 WeBull, 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 $26.63.

How big of a company is Meritor?

Meritor has a market capitalization of $1.93 billion and generates $3.04 billion in revenue each year. The auto parts company earns $245 million in net income (profit) each year or $1.12 on an earnings per share basis. Meritor employs 8,600 workers across the globe.

What is Meritor's official website?

The official website for Meritor is 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]

This page was last updated on 1/20/2021 by MarketBeat.com Staff

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