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) posted its earnings results on Wednesday, May, 1st. The auto parts company reported $1.03 EPS for the quarter, topping the consensus estimate of $0.87 by $0.16. The auto parts company earned $1.16 billion during the quarter, compared to analysts' expectations of $1.11 billion. Meritor had a net margin of 5.86% and a return on equity of 89.66%. Meritor's quarterly revenue was up 8.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.75 EPS. View Meritor's Earnings History.

Meritor is scheduled to release their next quarterly earnings announcement on Wednesday, August 7th 2019. View Earnings Estimates for Meritor.

Meritor updated its FY19 earnings guidance on Wednesday, May, 1st. The company provided EPS guidance of ~$3.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.39. The company issued revenue guidance of ~$4.4 billion, compared to the consensus revenue estimate of $4.35 billion.Meritor also updated its FY 2019 guidance to $3.50-3.50 EPS.

7 brokers have issued 1 year price objectives for Meritor's shares. Their forecasts range from $21.00 to $37.00. On average, they expect Meritor's share price to reach $25.57 in the next twelve months. This suggests a possible upside of 12.6% from the stock's current price. View Analyst Price Targets 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.

Media stories about MTOR stock have been trending somewhat negative this week, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Meritor earned a coverage optimism score of -1.0 on InfoTrie's scale. They also gave media coverage about the auto parts company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Meritor.

Some companies that are related to Meritor include VALEO/S (VLEEY), Gentex (GNTX), Autoliv (ALV), Allison Transmission (ALSN), Dorman Products (DORM), Dana (DAN), LCI Industries (LCII), Adient (ADNT), Delphi Technologies (DLPH), Veoneer (VNE), Gentherm (THRM), American Axle & Manufact. (AXL), Garrett Motion (GTX), Standard Motor Products (SMP) and Stoneridge (SRI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Meritor investors own include Intel (INTC), NVIDIA (NVDA), Micron Technology (MU), Applied Materials (AMAT), CVS Health (CVS), Visa (V), Alibaba Group (BABA), Caterpillar (CAT), Adobe (ADBE) and Gilead Sciences (GILD).

Meritor's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include LSV Asset Management (5.60%), Dimensional Fund Advisors LP (4.46%), Royce & Associates LP (3.21%), Frontier Capital Management Co. LLC (2.66%), Victory Capital Management Inc. (2.15%) and JPMorgan Chase & Co. (1.75%). Company insiders that own Meritor stock include Chris Villavarayan, Jeffrey A Craig, Joseph A Plomin, Kevin Nowlan, Paul Bialy, Robert H Speed, Rodger L Boehm and Timothy J Heffron. View Institutional Ownership Trends for Meritor.

MTOR stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Victory Capital Management Inc., Charles Schwab Investment Management Inc., Royce & Associates LP, JPMorgan Chase & Co., Kennedy Capital Management Inc., Systematic Financial Management LP and Connor Clark & Lunn Investment Management Ltd.. 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 Westfield Capital Management Co. LP, Goldman Sachs Group Inc., Penserra Capital Management LLC, Cooper Creek Partners Management LLC, Federated Investors Inc. PA, Brightline Capital Management LLC, 361 Capital LLC and Bailard Inc.. 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 $22.71.

Meritor has a market capitalization of $1.90 billion and generates $4.18 billion in revenue each year. The auto parts company earns $117 million in net income (profit) each year or $3.03 on an earnings per share basis. Meritor employs 8,600 workers across the globe.View Additional Information About Meritor.

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]