Monro Muffler Brake, Inc. (NASDAQ:MNRO – Get Free Report) has earned a consensus rating of “Hold” from the five research firms that are covering the company, Marketbeat reports. Two analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $24.3333.
Several equities research analysts recently commented on MNRO shares. Weiss Ratings upgraded shares of Monro Muffler Brake from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, May 28th. Wells Fargo & Company reduced their target price on Monro Muffler Brake from $20.00 to $16.00 and set an “equal weight” rating for the company in a report on Thursday, June 11th. Wall Street Zen downgraded Monro Muffler Brake from a “hold” rating to a “sell” rating in a research note on Saturday, May 30th. Zacks Research cut Monro Muffler Brake from a “hold” rating to a “strong sell” rating in a research note on Monday, June 29th. Finally, Stephens reduced their price target on shares of Monro Muffler Brake from $20.00 to $17.00 and set an “overweight” rating for the company in a research report on Thursday.
Read Our Latest Stock Report on MNRO
Monro Muffler Brake News Summary
- Positive Sentiment: Stephens maintained an “overweight” rating on Monro, although it reduced its price target from $20 to $17. The revised target still implies approximately 28% upside from the recently cited price, suggesting the analyst sees meaningful recovery potential. Benzinga
- Neutral Sentiment: Management expects modest comparable-store sales growth in fiscal 2027 as operational improvements take effect. However, the outlook was largely qualitative, while gross-margin pressure and mixed business momentum leave uncertainty about the timing and strength of any recovery. Monro Earnings Call Shows Mixed Momentum
- Negative Sentiment: Monro reported first-quarter revenue of $287.1 million, down 4.6% year over year, and posted a $0.09-per-share loss versus analyst expectations for $0.04 of earnings. Results also deteriorated from $0.22 EPS in the prior-year quarter. Negative cash flow, very low liquidity ratios and ongoing profitability concerns are adding to investor unease. Monro First-Quarter Fiscal 2027 Results Zacks Earnings Summary
Institutional Investors Weigh In On Monro Muffler Brake
A number of institutional investors have recently modified their holdings of the stock. Huntington National Bank grew its holdings in shares of Monro Muffler Brake by 61.5% during the 4th quarter. Huntington National Bank now owns 1,996 shares of the auto parts company’s stock valued at $40,000 after acquiring an additional 760 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Monro Muffler Brake by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,775 shares of the auto parts company’s stock worth $257,000 after acquiring an additional 780 shares in the last quarter. Sound Income Strategies LLC boosted its position in Monro Muffler Brake by 455.3% during the first quarter. Sound Income Strategies LLC now owns 3,282 shares of the auto parts company’s stock valued at $54,000 after purchasing an additional 2,691 shares during the last quarter. Empowered Funds LLC boosted its position in Monro Muffler Brake by 5.6% during the first quarter. Empowered Funds LLC now owns 141,635 shares of the auto parts company’s stock valued at $2,049,000 after purchasing an additional 7,464 shares during the last quarter. Finally, Royal Bank of Canada grew its stake in Monro Muffler Brake by 139.8% in the first quarter. Royal Bank of Canada now owns 27,904 shares of the auto parts company’s stock valued at $404,000 after purchasing an additional 16,268 shares in the last quarter.
Monro Muffler Brake Trading Up 0.6%
NASDAQ MNRO traded up $0.07 on Thursday, hitting $13.34. 279,612 shares of the company were exchanged, compared to its average volume of 935,666. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.46 and a quick ratio of 0.16. Monro Muffler Brake has a twelve month low of $12.26 and a twelve month high of $23.91. The firm has a market capitalization of $416.72 million, a P/E ratio of 667.20, a price-to-earnings-growth ratio of 3.95 and a beta of 1.01. The company’s 50 day moving average price is $16.28 and its 200-day moving average price is $17.70.
Monro Muffler Brake (NASDAQ:MNRO – Get Free Report) last announced its earnings results on Wednesday, July 29th. The auto parts company reported ($0.09) EPS for the quarter, missing the consensus estimate of $0.04 by ($0.13). The firm had revenue of $287.13 million during the quarter, compared to analyst estimates of $286.30 million. Monro Muffler Brake had a return on equity of 2.33% and a net margin of 0.19%.The business’s quarterly revenue was down 4.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.22 earnings per share. Analysts predict that Monro Muffler Brake will post 0.29 earnings per share for the current fiscal year.
Monro Muffler Brake Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd were paid a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 8.4%. The ex-dividend date was Tuesday, June 2nd. Monro Muffler Brake’s dividend payout ratio is currently 5,600.00%.
About Monro Muffler Brake
Monro Muffler Brake (NASDAQ:MNRO) is a leading provider of undercar repair and maintenance services for light vehicles in the United States. The company’s core offerings include brake systems, exhaust systems, steering and suspension repairs, tire sales and service, oil and lube changes, wheel alignment, multi-point inspections, and state vehicle inspections. Monro serves both retail customers and fleet accounts, focusing on fast, reliable service and preventive maintenance to help extend vehicle life and safety.
Headquartered in Rochester, New York, Monro was originally founded in 1957 and has grown through a combination of organic expansion and strategic acquisitions.
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