TheStreet downgraded shares of Monro Muffler Brake, Inc. (NASDAQ:MNRO) from a b- rating to a c+ rating in a report issued on Monday morning.

A number of other equities research analysts have also commented on MNRO. Oppenheimer Holdings, Inc. set a $70.00 price objective on shares of Monro Muffler Brake and gave the company a buy rating in a research note on Tuesday, October 24th. BidaskClub raised shares of Monro Muffler Brake from a strong sell rating to a sell rating in a research note on Tuesday, July 25th. KeyCorp reaffirmed a hold rating on shares of Monro Muffler Brake in a research note on Tuesday, October 24th. Zacks Investment Research lowered shares of Monro Muffler Brake from a hold rating to a sell rating in a research note on Friday, October 13th. Finally, Jefferies Group LLC reissued a buy rating and set a $60.00 target price on shares of Monro Muffler Brake in a research note on Tuesday, September 12th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company. The company currently has an average rating of Hold and an average target price of $63.33.

Shares of Monro Muffler Brake (MNRO) opened at $48.05 on Monday. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.00 and a quick ratio of 0.28. Monro Muffler Brake has a 12 month low of $39.65 and a 12 month high of $61.75. The company has a market cap of $1,570.00, a price-to-earnings ratio of 24.87, a PEG ratio of 1.75 and a beta of 0.68.

Monro Muffler Brake (NASDAQ:MNRO) last posted its quarterly earnings data on Tuesday, October 24th. The auto parts company reported $0.55 EPS for the quarter, beating the Zacks’ consensus estimate of $0.54 by $0.01. Monro Muffler Brake had a net margin of 5.66% and a return on equity of 10.82%. The company had revenue of $278.02 million for the quarter, compared to analyst estimates of $277.06 million. During the same period in the prior year, the firm posted $0.53 EPS. The company’s quarterly revenue was up 13.0% on a year-over-year basis. sell-side analysts anticipate that Monro Muffler Brake will post 2.02 earnings per share for the current year.

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A number of hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. boosted its stake in Monro Muffler Brake by 1.0% during the second quarter. BlackRock Inc. now owns 4,085,148 shares of the auto parts company’s stock worth $170,556,000 after acquiring an additional 41,299 shares in the last quarter. Vanguard Group Inc. boosted its stake in Monro Muffler Brake by 1.5% during the second quarter. Vanguard Group Inc. now owns 3,068,423 shares of the auto parts company’s stock worth $128,107,000 after acquiring an additional 44,873 shares in the last quarter. Wasatch Advisors Inc. boosted its stake in Monro Muffler Brake by 85.5% during the second quarter. Wasatch Advisors Inc. now owns 2,588,911 shares of the auto parts company’s stock worth $108,087,000 after acquiring an additional 1,193,473 shares in the last quarter. TimesSquare Capital Management LLC boosted its stake in Monro Muffler Brake by 3.9% during the second quarter. TimesSquare Capital Management LLC now owns 1,517,629 shares of the auto parts company’s stock worth $63,361,000 after acquiring an additional 56,420 shares in the last quarter. Finally, Neuberger Berman Group LLC lifted its stake in shares of Monro Muffler Brake by 15.2% in the third quarter. Neuberger Berman Group LLC now owns 1,375,231 shares of the auto parts company’s stock valued at $77,082,000 after buying an additional 181,405 shares in the last quarter.

Monro Muffler Brake Company Profile

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.

Analyst Recommendations for Monro Muffler Brake (NASDAQ:MNRO)

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