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

$18.62
-0.15 (-0.80 %)
(As of 09/23/2019 07:10 AM ET)
Today's Range
$18.47
Now: $18.62
$18.9450
50-Day Range
$16.37
MA: $18.56
$23.0178
52-Week Range
$15.01
Now: $18.62
$25.78
Volume1.20 million shs
Average Volume706,842 shs
Market Capitalization$1.54 billion
P/E Ratio6.15
Dividend YieldN/A
Beta2.32
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$4.18 billion
Cash Flow$4.1286 per share
Book Value$3.68 per share

Profitability

Net Income$117 million

Miscellaneous

Employees8,600
Market Cap$1.54 billion
Next Earnings Date11/13/2019 (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) issued its quarterly earnings data on Wednesday, July, 31st. The auto parts company reported $1.20 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.95 by $0.25. The auto parts company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.18 billion. Meritor had a return on equity of 83.77% and a net margin of 6.31%. The firm's revenue was up 3.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.89 EPS. View Meritor's Earnings History.

When is Meritor's next earnings date?

Meritor is scheduled to release their next quarterly earnings announcement on Wednesday, November 13th 2019. View Earnings Estimates for Meritor.

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

Meritor updated its FY19 earnings guidance on Wednesday, July, 31st. The company provided earnings per share (EPS) guidance of $3.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.56. The company issued revenue guidance of $4.4 billion, compared to the consensus revenue estimate of $4.42 billion.

What price target have analysts set for MTOR?

9 brokerages have issued twelve-month price objectives for Meritor's stock. Their predictions range from $21.00 to $30.00. On average, they anticipate Meritor's stock price to reach $23.9171 in the next year. This suggests a possible upside of 28.4% from the stock's current price. View Analyst Price Targets for Meritor.

What is the consensus analysts' recommendation for Meritor?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meritor in the last year. There are currently 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Meritor.

Has Meritor been receiving favorable news coverage?

News stories about MTOR stock have been trending somewhat negative on Monday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Meritor earned a coverage optimism score of -1.3 on InfoTrie's scale. They also assigned media stories about the auto parts company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Meritor.

Are investors shorting Meritor?

Meritor saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 10,509,000 shares, an increase of 11.1% from the July 31st total of 9,462,000 shares. Based on an average daily volume of 787,000 shares, the short-interest ratio is presently 13.4 days. Currently, 13.5% of the company's shares 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), Applied Materials (AMAT), CVS Health (CVS), Visa (V), Alibaba Group (BABA), Caterpillar (CAT), Gilead Sciences (GILD) and Lam Research (LRCX).

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 a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (13.33%), LSV Asset Management (5.52%), Towle & Co. (2.82%), Victory Capital Management Inc. (2.04%), Highline Capital Management L.P. (1.98%) and Nuveen Asset Management LLC (1.84%). 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 Vanguard Group Inc., Highline Capital Management L.P., ClariVest Asset Management LLC, Boston Advisors LLC, Victory Capital Management Inc., LSV Asset Management, Russell Investments Group Ltd. and Cubist Systematic Strategies LLC. 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 bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Price T Rowe Associates Inc. MD, Prudential Financial Inc., SG Americas Securities LLC, Grantham Mayo Van Otterloo & Co. LLC, AQR Capital Management LLC, D L Carlson Investment Group Inc. and Brightline Capital Management LLC. 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 $18.62.

How big of a company is Meritor?

Meritor has a market capitalization of $1.54 billion and generates $4.18 billion in revenue each year. The auto parts company earns $117 million in net income (profit) each year or $3.03 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:  2.1 out of 5 (star star)
Outperform Votes:  311 (Vote Outperform)
Underperform Votes:  413 (Vote Underperform)
Total Votes:  724
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 9/23/2019 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