NYSE:MTOR - Meritor Stock Price, News, & Analysis

$22.71
-0.49 (-2.11 %)
(As of 06/16/2019 01:22 AM ET)
Today's Range
$22.54
Now: $22.71
$23.1050
50-Day Range
$20.11
MA: $21.79
$24.26
52-Week Range
$15.01
Now: $22.71
$25.78
Volume578,409 shs
Average Volume740,958 shs
Market Capitalization$1.90 billion
P/E Ratio7.50
Dividend YieldN/A
Beta2.16
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$4.0772 per share
Book Value$3.68 per share

Profitability

Net Income$117 million

Miscellaneous

Employees8,600
Market Cap$1.90 billion
Next Earnings Date8/7/2019 (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) posted its earnings results on Wednesday, May, 1st. The auto parts company reported $1.03 EPS for the quarter, topping the consensus estimate of $0.87 by $0.16. The auto parts company earned $1.16 billion during the quarter, compared to analysts' expectations of $1.11 billion. Meritor had a net margin of 5.86% and a return on equity of 89.66%. Meritor's quarterly revenue was up 8.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.75 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, August 7th 2019. View Earnings Estimates for Meritor.

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

Meritor updated its FY19 earnings guidance on Wednesday, May, 1st. The company provided EPS guidance of ~$3.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.39. The company issued revenue guidance of ~$4.4 billion, compared to the consensus revenue estimate of $4.35 billion.Meritor also updated its FY 2019 guidance to $3.50-3.50 EPS.

What price target have analysts set for MTOR?

7 brokers have issued 1 year price objectives for Meritor's shares. Their forecasts range from $21.00 to $37.00. On average, they expect Meritor's share price to reach $25.57 in the next twelve months. This suggests a possible upside of 12.6% from the stock's current price. View Analyst Price Targets for Meritor.

What is the consensus analysts' recommendation for Meritor?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meritor in the last year. There are currently 5 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?

Media stories about MTOR stock have been trending somewhat negative this week, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by analyzing 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 -1.0 on InfoTrie's scale. They also gave media coverage about the auto parts company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Meritor.

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), Applied Materials (AMAT), CVS Health (CVS), Visa (V), Alibaba Group (BABA), Caterpillar (CAT), Adobe (ADBE) and Gilead Sciences (GILD).

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 variety of of retail and institutional investors. Top institutional shareholders include LSV Asset Management (5.60%), Dimensional Fund Advisors LP (4.46%), Royce & Associates LP (3.21%), Frontier Capital Management Co. LLC (2.66%), Victory Capital Management Inc. (2.15%) and JPMorgan Chase & Co. (1.75%). Company insiders that own Meritor stock include Chris Villavarayan, Jeffrey A Craig, Joseph A Plomin, Kevin Nowlan, Paul Bialy, Robert H Speed, 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 AQR Capital Management LLC, Victory Capital Management Inc., Charles Schwab Investment Management Inc., Royce & Associates LP, JPMorgan Chase & Co., Kennedy Capital Management Inc., Systematic Financial Management LP and Connor Clark & Lunn Investment Management Ltd.. 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 and Timothy J Heffron. 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 Westfield Capital Management Co. LP, Goldman Sachs Group Inc., Penserra Capital Management LLC, Cooper Creek Partners Management LLC, Federated Investors Inc. PA, Brightline Capital Management LLC, 361 Capital LLC and Bailard Inc.. 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, Scottrade, Fidelity and Charles Schwab.

What is Meritor's stock price today?

One share of MTOR stock can currently be purchased for approximately $22.71.

How big of a company is Meritor?

Meritor has a market capitalization of $1.90 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:  291 (Vote Outperform)
Underperform Votes:  393 (Vote Underperform)
Total Votes:  684
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 6/16/2019 by MarketBeat.com Staff

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