News articles about Monro (NASDAQ:MNRO) have been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Monro earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned media headlines about the auto parts company an impact score of 45.5624600984522 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news stories that may have impacted Accern Sentiment’s rankings:
- Zacks: Analysts Expect Monro Inc (MNRO) Will Announce Quarterly Sales of $292.93 Million (americanbankingnews.com)
- Monro (MNRO) Upgraded by TheStreet to “B-“ (americanbankingnews.com)
- ETFs with exposure to Monro, Inc. : December 29, 2017 (finance.yahoo.com)
- Monro (MNRO) Upgraded at Zacks Investment Research (americanbankingnews.com)
- Monro Inc (MNRO) Expected to Post Earnings of $0.48 Per Share (americanbankingnews.com)
Several equities analysts have commented on MNRO shares. Jefferies Group reiterated a “buy” rating and set a $60.00 price target on shares of Monro in a report on Tuesday, September 12th. TheStreet downgraded shares of Monro from a “b-” rating to a “c+” rating in a research note on Monday, November 13th. Zacks Investment Research upgraded shares of Monro from a “sell” rating to a “hold” rating in a research note on Thursday, September 21st. BidaskClub upgraded shares of Monro from a “sell” rating to a “hold” rating in a research note on Thursday, December 7th. Finally, Oppenheimer set a $70.00 price objective on shares of Monro and gave the stock a “buy” rating in a research note on Tuesday, October 24th. Eight research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $63.33.
Shares of Monro (MNRO) traded down $0.65 during trading on Friday, hitting $56.95. 206,170 shares of the stock traded hands, compared to its average volume of 324,310. The firm has a market capitalization of $1,887.67, a P/E ratio of 30.45, a price-to-earnings-growth ratio of 2.11 and a beta of 0.67. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.28 and a current ratio of 1.00. Monro has a twelve month low of $39.65 and a twelve month high of $61.10.
Monro (NASDAQ:MNRO) last announced its quarterly earnings data on Tuesday, October 24th. The auto parts company reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.01. The business had revenue of $278.02 million for the quarter, compared to the consensus estimate of $277.06 million. Monro had a net margin of 5.66% and a return on equity of 10.82%. Monro’s quarterly revenue was up 13.0% on a year-over-year basis. During the same quarter last year, the company posted $0.53 earnings per share. analysts anticipate that Monro will post 2.02 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Friday, December 22nd. Shareholders of record on Tuesday, December 12th were paid a dividend of $0.18 per share. The ex-dividend date was Monday, December 11th. This represents a $0.72 dividend on an annualized basis and a yield of 1.26%. This is an increase from Monro’s previous quarterly dividend of $0.11. Monro’s payout ratio is currently 38.50%.
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Monro, Inc, formerly Monro Muffler Brake, Inc, is engaged in the provision of automotive undercar repair and tire services in the United States. The Company provides a range of services on passenger cars, light trucks and vans for brakes; mufflers and exhaust systems, and steering, drive train, suspension and wheel alignment.
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