NYSE:MTOR - Meritor Stock Price, Price Target & More

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$20.41 -0.34 (-1.64 %)
(As of 07/22/2018 12:34 PM ET)
Previous Close$20.41
Today's Range$20.28 - $20.69
52-Week Range$16.78 - $29.54
Volume871,459 shs
Average Volume825,214 shs
Market Capitalization$1.79 billion
P/E Ratio7.76
Dividend YieldN/A
Beta2.51
Meritor logoMeritor, 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 & Industrial; and Aftermarket & Trailer. The Commercial Truck & Industrial segment supplies drivetrain systems and components, including axles, drivelines, and braking and suspension systems primarily for medium-and heavy-duty trucks, off-highway, military, construction, bus and coach, fire and emergency, and other applications. This segment also engages in aftermarket business. The Aftermarket & Trailer segment supplies axles, brakes, drivelines, suspension parts, and other replacement and remanufactured parts to commercial vehicle aftermarket customers. This segment also offers various undercarriage products and systems for trailer applications. The company sells its products under the Meritor, Euclid, Trucktechnic, Meritor Green, Mach, and Meritor AllFit brands primarily to OEMs and its parts marketing operations, and dealers, as well as for 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 1921 and is headquartered in Troy, Michigan.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Motor vehicle parts & accessories
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
SectorAuto/Tires/Trucks
SymbolNYSE:MTOR
CUSIP59001K10
Phone248-435-1000

Debt

Debt-to-Equity Ratio2.34
Current Ratio1.16
Quick Ratio0.72

Price-To-Earnings

Trailing P/E Ratio7.76
Forward P/E Ratio7.26
P/E GrowthN/A

Sales & Book Value

Annual Sales$3.35 billion
Price / Sales0.54
Cash Flow$2.7656 per share
Price / Cash7.38
Book Value$3.33 per share
Price / Book6.13

Profitability

EPS (Most Recent Fiscal Year)$1.88
Net Income$324 million
Net Margins8.08%
Return on Equity115.74%
Return on Assets9.08%

Miscellaneous

Employees8,200
Outstanding Shares87,860,000
Market Cap$1,793.26

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 quarterly earnings data on Thursday, May, 3rd. The auto parts company reported $0.75 EPS for the quarter, beating analysts' consensus estimates of $0.65 by $0.10. The auto parts company earned $1.07 billion during the quarter, compared to analysts' expectations of $974.09 million. Meritor had a return on equity of 115.74% and a net margin of 8.08%. Meritor's revenue for the quarter was up 32.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.35 earnings per share. View Meritor's Earnings History.

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

Meritor updated its FY18 earnings guidance on Thursday, May, 3rd. The company provided earnings per share (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.

What price target have analysts set for MTOR?

10 brokers have issued twelve-month price objectives for Meritor's shares. Their predictions range from $21.50 to $37.00. On average, they anticipate Meritor's share price to reach $28.55 in the next year. This suggests a possible upside of 39.9% from the stock's current price. View Analyst Ratings for Meritor.

What is the consensus analysts' recommendation for Meritor?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meritor in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Who are some of Meritor's key competitors?

Who are Meritor's key executives?

Meritor's management team includes the folowing people:
  • Mr. Jeffrey A. Craig, Pres, CEO & Director (Age 58)
  • Mr. Kevin A. Nowlan, Sr. VP, Pres of Trailer & Components and CFO (Age 46)
  • Mr. Joseph A. Plomin Jr., Sr. VP & Pres of Aftermarket, Industrial and Quality (Age 56)
  • Mr. Chrishan Anton Sebastian Villavarayan, Sr. VP & Pres of Global Truck (Age 48)
  • Mr. Robert H. Speed, Former Sr. VP and Pres of Industrial, Engineering & Procurement (Age 47)

Has Meritor been receiving favorable news coverage?

News articles about MTOR stock have trended very positive this week, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Meritor earned a media sentiment score of 0.51 on Accern's scale. They also assigned news headlines about the auto parts company an impact score of 48.24 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Who are Meritor's major shareholders?

Meritor's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Hennessy Advisors Inc. (1.36%), Boston Advisors LLC (1.14%), Mckinley Capital Management LLC Delaware (0.40%), Assenagon Asset Management S.A. (0.36%), Peregrine Capital Management LLC (0.27%) and Bank of Montreal Can (0.17%). 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.

Which institutional investors are selling Meritor stock?

MTOR stock was sold by a variety of institutional investors in the last quarter, including SG Capital Management LLC, Mckinley Capital Management LLC Delaware, Assenagon Asset Management S.A., Peregrine Capital Management LLC, Fox Run Management L.L.C., Hennessy Advisors Inc. and Bank of Montreal Can. 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.

Which institutional investors are buying Meritor stock?

MTOR stock was bought by a variety of institutional investors in the last quarter, including Boston Advisors LLC and James Investment Research 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 $20.41.

How big of a company is Meritor?

Meritor has a market capitalization of $1.79 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.

How can I contact Meritor?

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]


MarketBeat Community Rating for Meritor (NYSE MTOR)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  216 (Vote Outperform)
Underperform Votes:  306 (Vote Underperform)
Total Votes:  522
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 7/22/2018 by MarketBeat.com Staff

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