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NYSE:MTOR - Meritor Stock Price, Forecast & News

$23.33
-0.69 (-2.87 %)
(As of 01/26/2020 06:56 AM ET)
Today's Range
$23.04
Now: $23.33
$24.02
50-Day Range
$23.31
MA: $24.65
$26.64
52-Week Range
$15.96
Now: $23.33
$27.18
Volume1.02 million shs
Average Volume2.43 million shs
Market Capitalization$1.82 billion
P/E Ratio6.90
Dividend YieldN/A
Beta2.29
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; and Aftermarket, Industrial and Trailer. Read More…

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$4.39 billion
Cash Flow$4.90 per share
Book Value$5.03 per share

Profitability

Net Income$291 million

Miscellaneous

Employees9,100
Market Cap$1.82 billion
Next Earnings Date1/30/2020 (Confirmed)
OptionableOptionable

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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, November, 13th. The auto parts company reported $0.83 EPS for the quarter, beating analysts' consensus estimates of $0.68 by $0.15. The auto parts company had revenue of $1.03 billion for the quarter, compared to analysts' expectations of $1.06 billion. Meritor had a net margin of 6.63% and a return on equity of 78.25%. The business's quarterly revenue was down 4.8% on a year-over-year basis. During the same period last year, the business earned $0.82 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, January 30th 2020. View Earnings Estimates for Meritor.

How can I listen to Meritor's earnings call?

Meritor will be holding an earnings conference call on Thursday, January 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

Meritor updated its FY 2020 Pre-Market earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of $2.75-2.85 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.23. The company issued revenue guidance of $$3.7-3.8 billion, compared to the consensus revenue estimate of $$4.14 billion.

What price target have analysts set for MTOR?

7 brokerages have issued 12-month target prices for Meritor's shares. Their forecasts range from $21.00 to $30.00. On average, they anticipate Meritor's stock price to reach $24.35 in the next year. This suggests a possible upside of 4.4% from the stock's current price. View Analyst Price Targets for Meritor.

What is the consensus analysts' recommendation for Meritor?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meritor in the last year. There are currently 5 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?

Headlines about MTOR stock have trended extremely negative this week, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Meritor earned a media sentiment score of -4.5 on InfoTrie's scale. They also assigned news coverage about the auto parts company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for Meritor.

Are investors shorting Meritor?

Meritor saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 9,320,000 shares, an increase of 8.5% from the December 15th total of 8,590,000 shares. Based on an average daily trading volume, of 1,510,000 shares, the short-interest ratio is presently 6.2 days. Currently, 12.7% of the shares of the company are sold short. View Meritor's Current Options Chain.

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 Intel (INTC), NVIDIA (NVDA), Micron Technology (MU), CVS Health (CVS), Visa (V), Applied Materials (AMAT), Gilead Sciences (GILD), Alibaba Group (BABA), Lam Research (LRCX) and Caterpillar (CAT).

Who are Meritor's key executives?

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

Who are Meritor's major shareholders?

Meritor's stock is owned by many different of retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (0.41%), Zeke Capital Advisors LLC (0.03%), Janney Montgomery Scott LLC (0.03%), Kendall Capital Management (0.02%), Campbell & CO Investment Adviser LLC (0.02%) and New York State Teachers Retirement System (0.02%). Company insiders that own Meritor stock include Boise April Miller, Carl Douglas Anderson II, Chris Villavarayan, Jeffrey A Craig, Joseph A Plomin, Kevin Nowlan, Paul Bialy, Rodger L Boehm and Timothy J Heffron. 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 Peregrine Capital Management LLC and Janney Montgomery Scott LLC. Company insiders that have sold Meritor company stock in the last year include Boise April Miller, Carl Douglas Anderson II, Chris Villavarayan, Jeffrey A Craig, Joseph A Plomin, Paul Bialy and Timothy J Heffron. View Insider Buying and Selling for Meritor.

Which institutional investors are buying Meritor stock?

MTOR stock was acquired by a variety of institutional investors in the last quarter, including Campbell & CO Investment Adviser LLC, Sciencast Management LP, Winmill & CO. Inc., New York State Teachers Retirement System, Zeke Capital Advisors LLC and Kendall Capital Management. 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, Robinhood, Fidelity and Charles Schwab.

What is Meritor's stock price today?

One share of MTOR stock can currently be purchased for approximately $23.33.

How big of a company is Meritor?

Meritor has a market capitalization of $1.82 billion and generates $4.39 billion in revenue each year. The auto parts company earns $291 million in net income (profit) each year or $3.82 on an earnings per share basis. Meritor employs 9,100 workers across the globe.View Additional Information About Meritor.

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:  2.2 out of 5 (star star)
Outperform Votes:  343 (Vote Outperform)
Underperform Votes:  449 (Vote Underperform)
Total Votes:  792
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 1/26/2020 by MarketBeat.com Staff

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