S&P 500   4,471.37
DOW   35,294.76
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S&P 500   4,471.37
DOW   35,294.76
QQQ   368.94
pixel
pixel
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S&P 500   4,471.37
DOW   35,294.76
QQQ   368.94
pixel
pixel
pixel
S&P 500   4,471.37
DOW   35,294.76
QQQ   368.94
pixel
pixel
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NYSE:MTOR

Meritor Stock Forecast, Price & News

$25.85
+0.18 (+0.70 %)
(As of 10/15/2021 12:00 AM ET)
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Today's Range
$25.85
$26.58
50-Day Range
$20.81
$25.85
52-Week Range
$20.50
$33.56
Volume421,930 shs
Average Volume547,947 shs
Market Capitalization$1.81 billion
P/E Ratio13.68
Dividend YieldN/A
Beta2.09
30 days | 90 days | 365 days | Advanced Chart
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Meritor logo

About Meritor

Meritor, Inc. engages in the design, production and trade of integrated systems, modules and components to equipment manufacturers. It operates through the following segments: Commercial Truck and Trailer and Aftermarket and Industrial. The Commercial Truck and Trailer segment supplies drivetrain systems and components, including axles, drivelines and braking and suspension systems, for medium- and heavy-duty trucks and other applications. The Aftermarket and Industrial segment provides axles, brakes, drivelines, suspension parts and other replacement parts to commercial vehicle and industrial aftermarket customers in North America and Europe. The company was founded in 1909 and is headquartered in Troy, MI.

Headlines

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Industry, Sector and Symbol

Industry
Motor vehicle parts & accessories
Sub-Industry
Construction & Farm Machinery & Heavy Trucks
CUSIP
59001K10
Employees
8,600
Year Founded
N/A

Sales & Book Value

Annual Sales
$3.04 billion
Cash Flow
$3.06 per share
Book Value
$6.85 per share

Profitability

Net Income
$245 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap
$1.81 billion
Next Earnings Date
11/17/2021 (Confirmed)
Optionable
Optionable

MarketRank

Overall MarketRank

2.12 out of 5 stars

Auto/Tires/Trucks Sector

42nd out of 124 stocks

Motor Vehicle Parts & Accessories Industry

24th out of 48 stocks

Analyst Opinion: 2.4Community Rank: 4.0Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -












Meritor (NYSE:MTOR) Frequently Asked Questions

Is Meritor a buy right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meritor in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Meritor stock.
View analyst ratings for Meritor
or view top-rated stocks.

What stocks does MarketBeat like better than Meritor?

Wall Street analysts have given Meritor a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Meritor wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Meritor's next earnings date?

Meritor is scheduled to release its next quarterly earnings announcement on Wednesday, November 17th 2021.
View our earnings forecast for Meritor
.

How can I listen to Meritor's earnings call?

Meritor will be holding an earnings conference call on Wednesday, November 17th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 404-537-3406 with passcode "2362339".

How were Meritor's earnings last quarter?

Meritor, Inc. (NYSE:MTOR) announced its earnings results on Wednesday, August, 4th. The auto parts company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.50 by $0.12. The auto parts company had revenue of $1.02 billion for the quarter, compared to analysts' expectations of $944.48 million. Meritor had a trailing twelve-month return on equity of 25.77% and a net margin of 3.79%. The business's revenue was up 97.7% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.47) EPS.
View Meritor's earnings history
.

How has Meritor's stock been impacted by Coronavirus?

Meritor's stock was trading at $17.16 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MTOR shares have increased by 50.6% and is now trading at $25.85.
View which stocks have been most impacted by COVID-19
.

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

Meritor updated its FY 2021 earnings guidance on Wednesday, August, 25th. The company provided earnings per share (EPS) guidance of $2.450-$2.450 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.250. The company issued revenue guidance of $3.90 billion-$3.90 billion, compared to the consensus revenue estimate of $3.74 billion.

What price target have analysts set for MTOR?

6 brokers have issued 12-month price objectives for Meritor's shares. Their forecasts range from $24.00 to $34.00. On average, they anticipate Meritor's share price to reach $29.20 in the next twelve months. This suggests a possible upside of 13.0% from the stock's current price.
View analysts' price targets for Meritor
or view top-rated stocks among Wall Street analysts.

Who are Meritor's key executives?

Meritor's management team includes the following people:
  • Chrishan Anton S. Villavarayan, President, Chief Executive Officer & Director
  • Carl D. Anderson, Chief Financial Officer & Senior Vice President
  • Ryan Olivier, Chief Information Officer & Vice President
  • John Bennett, Chief Technology Officer & Vice President
  • John Nelligan, Senior Vice President & President-Americas Truck

What is Jay Craig's approval rating as Meritor's CEO?

71 employees have rated Meritor CEO Jay Craig on Glassdoor.com. Jay Craig has an approval rating of 87% among Meritor's employees.

What other stocks do shareholders of Meritor own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Meritor investors own include Micron Technology (MU), NVIDIA (NVDA), Intel (INTC), Advanced Micro Devices (AMD), CVS Health (CVS), Applied Materials (AMAT), Visa (V), Caterpillar (CAT), Gilead Sciences (GILD) and Pfizer (PFE).

What is Meritor's stock symbol?

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

Who are Meritor's major shareholders?

Meritor's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Denali Advisors LLC (0.10%), State of Alaska Department of Revenue (0.07%) and Louisiana State Employees Retirement System (0.05%). Company insiders that own Meritor stock include Carl Douglas Anderson II, Chris Villavarayan, Ivor J Evans, Jeffrey A Craig, Paul Bialy, Timothy J Heffron and William R Newlin.
View institutional ownership trends for Meritor
.

Which major investors are selling Meritor stock?

MTOR stock was sold by a variety of institutional investors in the last quarter, including Denali Advisors LLC. Company insiders that have sold Meritor company stock in the last year include Carl Douglas Anderson II, Chris Villavarayan, Ivor J Evans, Jeffrey A Craig, Paul Bialy, Timothy J Heffron, and William R Newlin.
View insider buying and selling activity for Meritor
or view top insider-selling stocks.

Which major investors are buying Meritor stock?

MTOR stock was acquired by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System, and State of Alaska Department of Revenue.
View insider buying and selling activity for Meritor
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Meritor's stock price today?

One share of MTOR stock can currently be purchased for approximately $25.85.

How much money does Meritor make?

Meritor has a market capitalization of $1.81 billion and generates $3.04 billion in revenue each year. The auto parts company earns $245 million in net income (profit) each year or $1.12 on an earnings per share basis.

How many employees does Meritor have?

Meritor employs 8,600 workers across the globe.

What is Meritor's official website?

The official website for Meritor is www.meritor.com.

Where are Meritor's headquarters?

Meritor is headquartered at 2135 W MAPLE ROAD, TROY MI, 48084.

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].


This page was last updated on 10/17/2021 by MarketBeat.com Staff

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