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) released its earnings results on Thursday, May, 3rd. The auto parts company reported $0.75 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.65 by $0.10. The auto parts company earned $1.07 billion during 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 quarterly revenue was up 32.3% compared to the same quarter last year. During the same period in the prior year, the company earned $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 (EPS) guidance of $2.70-2.85 for the period, compared to the Thomson Reuters consensus EPS 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 brokers have issued 1-year price targets for Meritor's shares. Their predictions range from $21.50 to $37.00. On average, they expect Meritor's stock price to reach $28.55 in the next twelve months. View Analyst Ratings for Meritor.

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

Headlines about MTOR stock have trended somewhat positive on Sunday, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Meritor earned a media sentiment score of 0.15 on Accern's scale. They also gave media headlines about the auto parts company an impact score of 46.46 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Meritor's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.84%), LSV Asset Management (5.03%), Dimensional Fund Advisors LP (4.19%), Victory Capital Management Inc. (2.51%), Millennium Management LLC (2.41%) and Frontier Capital Management Co. LLC (1.76%). 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 Neuberger Berman Group LLC, Old Mutual Global Investors UK Ltd., JPMorgan Chase & Co., BlackRock Inc., Frontier Capital Management Co. LLC, Hennessy Advisors Inc., Federated Investors Inc. PA and Victory Capital Management Inc.. 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 Monarch Partners Asset Management LLC, Millennium Management LLC, Matarin Capital Management LLC, Elk Creek Partners LLC, Systematic Financial Management LP, American Century Companies Inc., Alambic Investment Management L.P. and Mackay Shields LLC. 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 $21.23.

Meritor has a market capitalization of $1.87 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]