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

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$15.96 -0.20 (-1.24 %)
(As of 12/14/2018 04:00 PM ET)
Previous Close$16.16
Today's Range$15.82 - $16.53
52-Week Range$15.01 - $29.54
Volume1.14 million shs
Average Volume1.04 million shs
Market Capitalization$1.40 billion
P/E Ratio5.27
Dividend YieldN/A
Beta2.48
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 & Trailer; and Aftermarket & Industrial. The Commercial Truck & Trailer segment supplies drivetrain systems and components, including axles, drivelines, and braking and suspension systems primarily for medium-and heavy-duty trucks and other applications; and undercarriage products and systems for trailer applications. The Aftermarket & Industrial segment supplies axles, brakes, drivelines, suspension parts, and other replacement parts to commercial vehicle and industrial aftermarket customers. It also supplies drivetrain systems and various components, such as axles, drivelines, brakes, and suspension systems for military, construction, bus and coach, fire and emergency, and other applications. The company sells its products under the Meritor, Euclid, Trucktechnic, and Mach 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
Current SymbolNYSE:MTOR
Previous SymbolNYSE:ARM
CUSIP59001K10
Phone248-435-1000

Debt

Debt-to-Equity Ratio2.30
Current Ratio1.13
Quick Ratio0.69

Price-To-Earnings

Trailing P/E Ratio5.27
Forward P/E Ratio5.02
P/E GrowthN/A

Sales & Book Value

Annual Sales$4.18 billion
Price / Sales0.32
Cash Flow$4.0405 per share
Price / Cash Flow3.95
Book Value$3.68 per share
Price / Book4.34

Profitability

EPS (Most Recent Fiscal Year)$3.03
Net Income$117 million
Net Margins2.80%
Return on Equity92.31%
Return on Assets10.63%

Miscellaneous

Employees8,600
Outstanding Shares84,880,000
Market Cap$1.40 billion
OptionableOptionable

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) released its quarterly earnings results on Wednesday, November, 14th. The auto parts company reported $0.82 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.78 by $0.04. The auto parts company earned $1.08 billion during the quarter, compared to analyst estimates of $1.04 billion. Meritor had a return on equity of 92.31% and a net margin of 2.80%. Meritor's revenue for the quarter was up 17.1% on a year-over-year basis. During the same quarter last year, the company posted $0.62 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, January 30th 2019. View Earnings Estimates for Meritor.

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

Meritor issued an update on its FY19 earnings guidance on Wednesday, November, 14th. The company provided earnings per share (EPS) guidance of ~$3.10 for the period, compared to the Thomson Reuters consensus estimate of $3.24. The company issued revenue guidance of ~$4.25 billion, compared to the consensus revenue estimate of $4.36 billion.Meritor also updated its FY 2019 guidance to $3.10-3.10 EPS.

What price target have analysts set for MTOR?

7 equities research analysts have issued 12-month price objectives for Meritor's shares. Their forecasts range from $21.00 to $37.00. On average, they anticipate Meritor's stock price to reach $27.20 in the next year. This suggests a possible upside of 70.4% 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 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Meritor.

Has Meritor been receiving favorable news coverage?

News stories about MTOR stock have been trending somewhat positive recently, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Meritor earned a daily sentiment score of 0.7 on InfoTrie's scale. They also assigned news coverage about the auto parts company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days.

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. Paul D. Bialy, VP, Controller & Principal Accounting Officer

Who are Meritor's major shareholders?

Meritor's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (13.23%), Vanguard Group Inc (13.23%), LSV Asset Management (5.45%), Dimensional Fund Advisors LP (4.25%), Royce & Associates LP (2.65%) and Morgan Stanley (2.57%). 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 and William R Newlin. 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 Rothschild & Co. Asset Management US Inc., AQR Capital Management LLC, Vanguard Group Inc., Vanguard Group Inc, Canada Pension Plan Investment Board, AXA, American Century Companies Inc. and Frontier Capital Management Co. LLC. 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 bought by a variety of institutional investors in the last quarter, including Matarin Capital Management LLC, Royce & Associates LP, TIAA CREF Investment Management LLC, Renaissance Technologies LLC, Assenagon Asset Management S.A., Man Group plc, Marshall Wace LLP and Crestline Management LP. 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 $15.96.

How big of a company is Meritor?

Meritor has a market capitalization of $1.40 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.

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:  262 (Vote Outperform)
Underperform Votes:  360 (Vote Underperform)
Total Votes:  622
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 12/15/2018 by MarketBeat.com Staff

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