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 quarterly earnings data on Tuesday, January, 29th. The auto parts company reported $0.79 EPS for the quarter, topping analysts' consensus estimates of $0.60 by $0.19. The auto parts company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $967.98 million. Meritor had a return on equity of 89.57% and a net margin of 5.63%. The firm's revenue for the quarter was up 15.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.62 earnings per share. View Meritor's Earnings History.

Meritor is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for Meritor.

Meritor issued an update on its FY 2019 earnings guidance on Tuesday, January, 29th. The company provided earnings per share (EPS) guidance of $3.30-3.30 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.19. The company issued revenue guidance of $4.3-4.3 billion, compared to the consensus revenue estimate of $4.29 billion.Meritor also updated its FY19 guidance to $3.30 from $3.10 EPS.

6 Wall Street analysts have issued 12-month price objectives for Meritor's stock. Their predictions range from $19.00 to $37.00. On average, they anticipate Meritor's stock price to reach $24.60 in the next twelve months. This suggests a possible upside of 17.9% 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 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Meritor.

News coverage about MTOR stock has trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Meritor earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned news articles about the auto parts company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Meritor investors own include NVIDIA (NVDA), Micron Technology (MU), Intel (INTC), Visa (V), Alibaba Group (BABA), Applied Materials (AMAT), Adobe (ADBE), CVS Health (CVS), JPMorgan Chase & Co. (JPM) and Mastercard (MA).

Meritor's stock is owned by a number of of institutional and retail investors. Top institutional investors include LSV Asset Management (5.63%), Dimensional Fund Advisors LP (4.46%), Royce & Associates LP (3.60%), Towle & Co. (2.79%), Frontier Capital Management Co. LLC (2.69%) and Victory Capital Management Inc. (2.61%). Company insiders that own Meritor stock include Chris Villavarayan, Jeffrey A Craig, Joseph A Plomin, Kevin Nowlan, Paul Bialy, Robert H Speed, Timothy J Heffron 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 Millennium Management LLC, Canada Pension Plan Investment Board, Boston Advisors LLC, Squarepoint Ops LLC, APG Asset Management N.V., Elk Creek Partners LLC, First Trust Advisors LP and Mackay Shields 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 purchased by a variety of institutional investors in the last quarter, including Norges Bank, Frontier Capital Management Co. LLC, Royce & Associates LP, Towle & Co., Anchor Bolt Capital LP, Peregrine Capital Management LLC, Victory Capital Management Inc. and Two Sigma Advisers LP. 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 $20.86.

Meritor has a market capitalization of $1.74 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.

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]