Monro (MNRO) Earning Somewhat Positive Press Coverage, Study Shows
Media headlines about Monro (NASDAQ:MNRO) have trended somewhat positive recently, according to Accern Sentiment. The research group scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Monro earned a news impact score of 0.20 on Accern’s scale. Accern also assigned press coverage about the auto parts company an impact score of 45.5895880565415 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
- Monro Inc (MNRO) Given Average Rating of “Hold” by Analysts (americanbankingnews.com)
- 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)
A number of equities analysts recently weighed in on MNRO shares. TheStreet raised Monro from a “c+” rating to a “b-” rating in a report on Monday, October 2nd. Oppenheimer reissued a “buy” rating on shares of Monro in a report on Friday, December 15th. Jefferies Group reissued a “buy” rating and set a $60.00 price objective on shares of Monro in a report on Tuesday, September 12th. Zacks Investment Research raised Monro from a “sell” rating to a “hold” rating in a report on Wednesday, December 27th. Finally, BidaskClub raised Monro from a “sell” rating to a “hold” rating in a report on Thursday, December 7th. Eight analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $63.33.
Monro (NASDAQ:MNRO) opened at $58.65 on Thursday. The company has a current ratio of 1.00, a quick ratio of 0.28 and a debt-to-equity ratio of 0.62. Monro has a 1 year low of $39.65 and a 1 year high of $61.10. The stock has a market capitalization of $1,920.00, a P/E ratio of 31.53, a P/E/G ratio of 2.09 and a beta of 0.67.
Monro (NASDAQ:MNRO) last posted its quarterly earnings results 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. Monro had a return on equity of 10.82% and a net margin of 5.66%. The business had revenue of $278.02 million for the quarter, compared to analyst estimates of $277.06 million. During the same period last year, the company earned $0.53 EPS. Monro’s revenue for the quarter was up 13.0% compared to the same quarter last year. analysts predict that Monro will post 2.02 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, December 22nd. Investors of record on Tuesday, December 12th were given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 1.23%. This is a positive change from Monro’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Monday, December 11th. Monro’s dividend payout ratio (DPR) is presently 38.71%.
Monro 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.
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