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) posted its earnings results on Thursday, May, 3rd. The auto parts company reported $0.75 earnings per share (EPS) for the quarter, topping 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 analysts' expectations of $974.09 million. Meritor had a net margin of 8.08% and a return on equity of 115.74%. The business's revenue for the quarter was up 32.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.35 EPS. View Meritor's Earnings History.

Meritor issued an update on its FY18 earnings guidance on Thursday, May, 3rd. The company provided earnings per share guidance of $2.70-2.85 for the period, compared to the Thomson Reuters consensus 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 equities research analysts have issued 12 month price objectives for Meritor's shares. 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. This suggests a possible upside of 37.6% from the stock's current price. View Analyst Ratings 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."

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

Press coverage about MTOR stock has been trending positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Meritor earned a news sentiment score of 0.26 on Accern's scale. They also assigned media headlines about the auto parts company an impact score of 46.64 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Meritor's stock is owned by many different of institutional and retail investors. Top institutional investors include 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%), Bank of Montreal Can (0.17%) and James Investment Research Inc. (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.

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. 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.

MTOR stock was purchased 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.

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 $20.75.

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 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]