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) issued its quarterly earnings results on Thursday, May, 3rd. The auto parts company reported $0.75 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.65 by $0.10. The auto parts company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $974.09 million. Meritor had a return on equity of 115.74% and a net margin of 8.08%. 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 posted $0.35 EPS. View Meritor's Earnings History.

Meritor updated its FY18 earnings guidance on Thursday, May, 3rd. The company provided EPS 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 brokers have issued 12 month target prices for Meritor's stock. Their forecasts range from $21.50 to $37.00. On average, they expect Meritor's share price to reach $28.55 in the next twelve months. View Analyst Ratings for Meritor.

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

Press coverage about MTOR stock has trended somewhat negative this week, Accern reports. Accern rates the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Meritor earned a news sentiment score of -0.02 on Accern's scale. They also gave news articles about the auto parts company an impact score of 40.10 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Meritor's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.84%), LSV Asset Management (5.03%), Dimensional Fund Advisors LP (4.19%), Victory Capital Management Inc. (2.51%), Millennium Management LLC (2.41%) and Frontier Capital Management Co. LLC (1.76%). 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 Neuberger Berman Group LLC, Old Mutual Global Investors UK Ltd., JPMorgan Chase & Co., BlackRock Inc., Frontier Capital Management Co. LLC, Hennessy Advisors Inc., Federated Investors Inc. PA and Victory Capital Management Inc.. 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 bought by a variety of institutional investors in the last quarter, including Monarch Partners Asset Management LLC, Millennium Management LLC, Matarin Capital Management LLC, Elk Creek Partners LLC, Systematic Financial Management LP, American Century Companies Inc., Alambic Investment Management L.P. and Mackay Shields LLC. 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 $21.25.

Meritor has a market capitalization of $1.87 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]