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NYSE:MTOR - Meritor Stock Price, Forecast & News

$25.68
-0.07 (-0.27 %)
(As of 02/21/2020 04:00 PM ET)
Today's Range
$25.41
Now: $25.68
$25.72
50-Day Range
$21.91
MA: $24.74
$26.44
52-Week Range
$15.96
Now: $25.68
$27.18
Volume591,636 shs
Average Volume2.11 million shs
Market Capitalization$1.90 billion
P/E Ratio9.07
Dividend YieldN/A
Beta2.27
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$5.17 per share
Book Value$5.20 per share

Profitability

Net Income$291 million

Miscellaneous

Employees9,100
Market Cap$1.90 billion
Next Earnings Date5/6/2020 (Estimated)
OptionableOptionable

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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) announced its quarterly earnings data on Thursday, January, 30th. The auto parts company reported $0.64 earnings per share for the quarter, beating analysts' consensus estimates of $0.57 by $0.07. The auto parts company had revenue of $901 million for the quarter, compared to analyst estimates of $919.38 million. Meritor had a return on equity of 71.38% and a net margin of 5.65%. The company's revenue was down 13.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.79 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 Wednesday, May 6th 2020. View Earnings Estimates for Meritor.

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

Meritor issued an update on its FY20 earnings guidance on Thursday, January, 30th. The company provided EPS guidance of ~$2.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.79. The company issued revenue guidance of ~$3.7 billion, compared to the consensus revenue estimate of $3.73 billion.

What price target have analysts set for MTOR?

6 equities research analysts have issued 1 year price objectives for Meritor's stock. Their forecasts range from $21.00 to $30.00. On average, they expect Meritor's share price to reach $24.74 in the next twelve months. This suggests that the stock has a possible downside of 3.7%. View Analyst Price Targets for Meritor.

What is the consensus analysts' recommendation for Meritor?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meritor in the last year. There are currently 4 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?

Headlines about MTOR stock have been trending somewhat positive recently, InfoTrie reports. The research group rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. 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 0.5 on InfoTrie's scale. They also gave media headlines about the auto parts company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Meritor.

Are investors shorting Meritor?

Meritor saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 10,180,000 shares, an increase of 9.2% from the January 15th total of 9,320,000 shares. Based on an average trading volume of 1,530,000 shares, the days-to-cover ratio is currently 6.7 days. Currently, 13.8% of the shares of the company are short sold. 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), NVIDIA (NVDA), Micron Technology (MU), CVS Health (CVS), Visa (V), Applied Materials (AMAT), Gilead Sciences (GILD), Alibaba Group (BABA), Lam Research (LRCX) and Caterpillar (CAT).

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 LSV Asset Management (5.58%), Towle & Co. (2.87%), Victory Capital Management Inc. (2.67%), Victory Capital Management Inc. (2.43%), State Street Corp (2.22%) and Royce & Associates LP (2.01%). Company insiders that own Meritor stock include Boise April Miller, Carl Douglas Anderson II, 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 major investors are selling Meritor stock?

MTOR stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Royce & Associates LP, Towle & Co., ICM Asset Management Inc. WA, Alliancebernstein L.P., Chicago Equity Partners LLC, Russell Investments Group Ltd. and GAM Holding AG. Company insiders that have sold Meritor company stock in the last year include Boise April Miller, Carl Douglas Anderson II, Chris Villavarayan, Jeffrey A Craig and Paul Bialy. View Insider Buying and Selling for Meritor.

Which major investors are buying Meritor stock?

MTOR stock was acquired by a variety of institutional investors in the last quarter, including Driehaus Capital Management LLC, Scopus Asset Management L.P., Renaissance Technologies LLC, Victory Capital Management Inc., Man Group plc, California Public Employees Retirement System, Schroder Investment Management Group and MERIAN GLOBAL INVESTORS UK Ltd. 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 $25.68.

How big of a company is Meritor?

Meritor has a market capitalization of $1.90 billion and generates $4.39 billion in revenue each year. The auto parts company earns $291 million in net income (profit) each year or $3.82 on an earnings per share basis. Meritor employs 9,100 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:  348 (Vote Outperform)
Underperform Votes:  458 (Vote Underperform)
Total Votes:  806
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 2/22/2020 by MarketBeat.com Staff

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