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

Sign in or create an account to add this stock to your watchlist.
$20.86 -0.27 (-1.28 %)
(As of 03/21/2019 01:32 AM ET)
Previous Close$21.13
Today's Range$20.73 - $21.2050
52-Week Range$15.01 - $22.92
Volume1.09 million shs
Average Volume967,450 shs
Market Capitalization$1.74 billion
P/E Ratio6.88
Dividend YieldN/A
Beta2.12
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.

Receive MTOR News and Ratings via Email

Sign-up to receive the latest news and ratings for MTOR and its competitors with MarketBeat's FREE daily newsletter.

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$4.0902 per share
Book Value$3.68 per share

Profitability

Net Income$117 million

Miscellaneous

Employees8,600
Market Cap$1.74 billion
Next Earnings Date5/2/2019 (Estimated)
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) posted its quarterly earnings data on Tuesday, January, 29th. The auto parts company reported $0.79 EPS for the quarter, topping analysts' consensus estimates of $0.60 by $0.19. The auto parts company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $967.98 million. Meritor had a return on equity of 89.57% and a net margin of 5.63%. The firm's revenue for the quarter was up 15.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.62 earnings per share. View Meritor's Earnings History.

When is Meritor's next earnings date?

Meritor is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for Meritor.

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

Meritor issued an update on its FY 2019 earnings guidance on Tuesday, January, 29th. The company provided earnings per share (EPS) guidance of $3.30-3.30 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.19. The company issued revenue guidance of $4.3-4.3 billion, compared to the consensus revenue estimate of $4.29 billion.Meritor also updated its FY19 guidance to $3.30 from $3.10 EPS.

What price target have analysts set for MTOR?

6 Wall Street analysts have issued 12-month price objectives for Meritor's stock. Their predictions range from $19.00 to $37.00. On average, they anticipate Meritor's stock price to reach $24.60 in the next twelve months. This suggests a possible upside of 17.9% from the stock's current price. View Analyst Price Targets for Meritor.

What is the consensus analysts' recommendation for Meritor?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meritor in the last year. There are currently 4 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?

News coverage about MTOR stock has trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative 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 media sentiment score of -1.4 on InfoTrie's scale. They also assigned news articles about the auto parts company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days.

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 NVIDIA (NVDA), Micron Technology (MU), Intel (INTC), Visa (V), Alibaba Group (BABA), Applied Materials (AMAT), Adobe (ADBE), CVS Health (CVS), JPMorgan Chase & Co. (JPM) and Mastercard (MA).

Who are Meritor's key executives?

Meritor's management team includes the folowing people:
  • Mr. Jeffrey A. Craig, Pres, CEO & Director (Age 59)
  • Mr. Kevin A. Nowlan, Sr. VP, Pres of Trailer & Components and CFO (Age 47)
  • Ms. April Miller Boise, Sr. VP, Chief Legal Officer & Corp. Sec. (Age 50)
  • Mr. Joseph A. Plomin Jr., Sr. VP & Pres of Aftermarket, Industrial and Quality (Age 57)
  • Mr. Chrishan Anton Sebastian Villavarayan, Sr. VP & Pres of Global Truck (Age 49)

Who are Meritor's major shareholders?

Meritor's stock is owned by a number of of institutional and retail investors. Top institutional investors include LSV Asset Management (5.63%), Dimensional Fund Advisors LP (4.46%), Royce & Associates LP (3.60%), Towle & Co. (2.79%), Frontier Capital Management Co. LLC (2.69%) and Victory Capital Management Inc. (2.61%). Company insiders that own Meritor stock include Chris Villavarayan, 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 institutional investors are selling Meritor stock?

MTOR stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Canada Pension Plan Investment Board, Boston Advisors LLC, Squarepoint Ops LLC, APG Asset Management N.V., Elk Creek Partners LLC, First Trust Advisors LP and Mackay Shields 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 institutional investors are buying Meritor stock?

MTOR stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Frontier Capital Management Co. LLC, Royce & Associates LP, Towle & Co., Anchor Bolt Capital LP, Peregrine Capital Management LLC, Victory Capital Management Inc. and Two Sigma Advisers 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 $20.86.

How big of a company is Meritor?

Meritor has a market capitalization of $1.74 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:  276 (Vote Outperform)
Underperform Votes:  376 (Vote Underperform)
Total Votes:  652
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 3/21/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel