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) released its quarterly earnings data on Wednesday, November, 14th. The auto parts company reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.04. The auto parts company had revenue of $1.08 billion for the quarter, compared to analysts' expectations of $1.04 billion. Meritor had a net margin of 2.80% and a return on equity of 94.31%. The company's revenue for the quarter was up 17.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.62 earnings per share. View Meritor's Earnings History.

Meritor is scheduled to release their next quarterly earnings announcement on Wednesday, January 30th 2019. View Earnings Estimates for Meritor.

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.

6 brokerages have issued twelve-month target prices for Meritor's stock. Their predictions range from $21.00 to $37.00. On average, they anticipate Meritor's stock price to reach $28.20 in the next twelve months. This suggests a possible upside of 66.0% from the stock's current price. View Analyst Price Targets for Meritor.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meritor in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Meritor.

Media headlines about MTOR stock have been trending somewhat negative recently, InfoTrie reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Meritor earned a news sentiment score of -1.6 on InfoTrie's scale. They also gave news articles about the auto parts company a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an effect on the stock's share price in the next several days.

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

Meritor's stock is owned by many different of institutional and retail investors. Top institutional investors include LSV Asset Management (5.45%), Dimensional Fund Advisors LP (4.25%), Royce & Associates LP (2.65%), Victory Capital Management Inc. (2.42%), Towle & Co. (1.94%) and Frontier Capital Management Co. LLC (1.74%). 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 Rothschild & Co. Asset Management US Inc., AQR Capital Management LLC, Canada Pension Plan Investment Board, AXA, American Century Companies Inc., Frontier Capital Management Co. LLC, Mackenzie Financial Corp and Elk Creek Partners 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 acquired 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, Crestline Management LP and GSA Capital Partners LLP. 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 $16.99.

Meritor has a market capitalization of $1.47 billion and generates $4.18 billion in revenue each year. The auto parts company earns $324 million in net income (profit) each year or $3.03 on an earnings per share basis. Meritor employs 8,200 workers across the globe.

The official website for Meritor is http://www.meritor.com.

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]