Shares of Monro Muffler Brake Inc. (NASDAQ:MNRO) gapped up prior to trading on Thursday . The stock had previously closed at $65.24, but opened at $65.32. Monro Muffler Brake shares last traded at $66.15, with a volume of 170,241 shares traded.

Several analysts have commented on the stock. Oppenheimer Holdings Inc. reaffirmed a “buy” rating and issued a $80.00 price objective on shares of Monro Muffler Brake in a research report on Tuesday, April 5th. Sterne Agee CRT reaffirmed a “buy” rating and issued a $77.00 price objective on shares of Monro Muffler Brake in a research report on Wednesday, March 23rd. Zacks Investment Research lowered shares of Monro Muffler Brake from a “hold” rating to a “sell” rating in a research report on Tuesday, May 24th. Jefferies Group lowered their price target on shares of Monro Muffler Brake from $86.00 to $72.00 and set a “buy” rating on the stock in a research report on Friday, May 20th. Finally, Goldman Sachs Group Inc. boosted their price target on shares of Monro Muffler Brake from $71.00 to $77.00 and gave the company a “neutral” rating in a research report on Wednesday, April 6th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company’s stock. Monro Muffler Brake presently has a consensus rating of “Hold” and an average price target of $75.89.

The company’s 50-day moving average is $62.67 and its 200 day moving average is $66.10. The stock has a market capitalization of $2.14 billion and a P/E ratio of 33.14.

Monro Muffler Brake (NASDAQ:MNRO) last announced its quarterly earnings data on Thursday, May 19th. The company reported $0.42 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.45 by $0.03. The company had revenue of $229 million for the quarter, compared to the consensus estimate of $238.59 million. During the same quarter last year, the business earned $0.38 earnings per share. The business’s revenue was up 4.5% compared to the same quarter last year. Equities analysts forecast that Monro Muffler Brake Inc. will post $2.12 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 13th. Investors of record on Friday, June 3rd were given a dividend of $0.17 per share. This is a positive change from Monro Muffler Brake’s previous quarterly dividend of $0.15. This represents a $0.68 annualized dividend and a yield of 1.02%. The ex-dividend date of this dividend was Wednesday, June 1st.

In related news, Director Elizabeth A. Wolszon sold 4,400 shares of the stock in a transaction dated Friday, June 3rd. The shares were sold at an average price of $61.26, for a total transaction of $269,544.00. Following the sale, the director now directly owns 25,741 shares of the company’s stock, valued at approximately $1,576,893.66. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Donald Glickman sold 3,334 shares of the stock in a transaction dated Friday, May 27th. The shares were sold at an average price of $63.02, for a total transaction of $210,108.68. Following the sale, the director now directly owns 169,689 shares in the company, valued at $10,693,800.78. The disclosure for this sale can be found here.

Several hedge funds recently made changes to their positions in the stock. Comerica Bank increased its stake in shares of Monro Muffler Brake by 0.3% in the fourth quarter. Comerica Bank now owns 32,744 shares of the company’s stock worth $2,054,000 after buying an additional 90 shares during the last quarter. New York State Common Retirement Fund increased its stake in shares of Monro Muffler Brake by 0.5% in the fourth quarter. New York State Common Retirement Fund now owns 57,344 shares of the company’s stock worth $3,797,000 after buying an additional 273 shares during the last quarter. Eagle Asset Management Inc. increased its stake in shares of Monro Muffler Brake by 1.0% in the fourth quarter. Eagle Asset Management Inc. now owns 70,031 shares of the company’s stock worth $4,637,000 after buying an additional 701 shares during the last quarter. California State Teachers Retirement System increased its stake in shares of Monro Muffler Brake by 1.7% in the fourth quarter. California State Teachers Retirement System now owns 59,032 shares of the company’s stock worth $3,909,000 after buying an additional 1,000 shares during the last quarter. Finally, Bank of Montreal Can increased its stake in shares of Monro Muffler Brake by 16.8% in the fourth quarter. Bank of Montreal Can now owns 21,004 shares of the company’s stock worth $1,391,000 after buying an additional 3,019 shares during the last quarter.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.