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

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$19.85 -0.63 (-3.08 %)
(As of 09/19/2018 04:47 AM ET)
Previous Close$20.48
Today's Range$19.71 - $20.46
52-Week Range$17.28 - $29.54
Volume872,800 shs
Average Volume1.00 million shs
Market Capitalization$1.80 billion
P/E Ratio10.56
Dividend YieldN/A
Beta2.41
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 Ratio2.41
Current Ratio1.15
Quick Ratio0.70

Price-To-Earnings

Trailing P/E Ratio10.56
Forward P/E Ratio6.71
P/E GrowthN/A

Sales & Book Value

Annual Sales$3.35 billion
Price / Sales0.51
Cash Flow$2.6396 per share
Price / Cash7.52
Book Value$3.33 per share
Price / Book5.96

Profitability

EPS (Most Recent Fiscal Year)$1.88
Net Income$324 million
Net Margins8.06%
Return on Equity88.32%
Return on Assets9.93%

Miscellaneous

Employees8,200
Outstanding Shares86,480,000
Market Cap$1.80 billion

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) 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.

When is Meritor's next earnings date?

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

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

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.

What price target have analysts set for MTOR?

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.

What is the consensus analysts' recommendation 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.

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 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.

Who are Meritor's major shareholders?

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.

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, 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.

Which institutional investors are buying Meritor stock?

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.

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 $19.85.

How big of a company is Meritor?

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.

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:  239 (Vote Outperform)
Underperform Votes:  338 (Vote Underperform)
Total Votes:  577
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 9/19/2018 by MarketBeat.com Staff

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