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

Meritor trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTOR."

Meritor Inc (NYSE:MTOR) issued its quarterly earnings results on Wednesday, August, 1st. The auto parts company reported $0.89 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.78 by $0.11. The auto parts company earned $1.13 billion during the quarter, compared to the consensus estimate of $1.06 billion. Meritor had a return on equity of 88.32% and a net margin of 8.06%. The company's revenue for the quarter was up 22.7% on a year-over-year basis. During the same quarter last year, the company posted $0.64 EPS. View Meritor's Earnings History.

Meritor is scheduled to release their next quarterly earnings announcement on Wednesday, November, 21st 2018. View Earnings Estimates for Meritor.

Meritor issued an update on its FY18 earnings guidance on Wednesday, August, 1st. The company provided earnings per share guidance of $2.90-3.00 for the period, compared to the Thomson Reuters consensus estimate of $2.75. The company issued revenue guidance of $4.1 billion, compared to the consensus revenue estimate of $4.04 billion.

8 Wall Street analysts have issued 1 year target prices for Meritor's stock. Their predictions range from $25.00 to $37.00. On average, they expect Meritor's share price to reach $30.6250 in the next twelve months. This suggests a possible upside of 54.3% from the stock's current price. View Analyst Price Targets for Meritor.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meritor in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Meritor.

Some companies that are related to Meritor include Allison Transmission (ALSN), Gentex (GNTX), Veoneer (VNE), Adient (ADNT), Delphi Technologies (DLPH), Dongfeng Motor Group (DNFGY), Dana (DAN), Dorman Products (DORM), LCI Industries (LCII), ChoicePoint (CPS), Tenneco (TEN), American Axle & Manufact. (AXL), Gentherm (THRM), Standard Motor Products (SMP) and IOCHPE MAXION S/S (IOCJY).

News stories about MTOR stock have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by analyzing 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 one, with scores nearest to one being the most favorable. Meritor earned a news and rumor sentiment score of 0.18 on Accern's scale. They also gave media coverage about the auto parts company an impact score of 46.57 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future. View Recent Headlines for Meritor.

Meritor's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.24%), LSV Asset Management (5.48%), Dimensional Fund Advisors LP (4.24%), Victory Capital Management Inc. (2.45%), Morgan Stanley (2.35%) and Royce & Associates LP (2.08%). 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 Millennium Management LLC, Metropolitan Life Insurance Co. NY, Renaissance Technologies LLC, Systematic Financial Management LP, Canada Pension Plan Investment Board, Russell Investments Group Ltd., Alambic Investment Management L.P. and SG Capital Management 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.

MTOR stock was purchased by a variety of institutional investors in the last quarter, including Royce & Associates LP, Towle & Co., LSV Asset Management, BlackRock Inc., Boston Advisors LLC, Schwab Charles Investment Management Inc., Cortina Asset Management LLC and Frontier Capital Management Co. 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 $19.85.

Meritor has a market capitalization of $1.80 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 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]