Monro Inc (NASDAQ:MNRO) – Analysts at Oppenheimer issued their Q1 2019 EPS estimates for Monro in a research note issued to investors on Friday. Oppenheimer analyst B. Nagel expects that the auto parts company will post earnings of $0.68 per share for the quarter. Oppenheimer has a “Buy” rating on the stock. Oppenheimer also issued estimates for Monro’s Q2 2019 earnings at $0.70 EPS, Q3 2019 earnings at $0.64 EPS and Q4 2019 earnings at $0.52 EPS.

MNRO has been the topic of a number of other reports. TheStreet downgraded shares of Monro from a “b-” rating to a “c+” rating in a research report on Monday, November 13th. Zacks Investment Research upgraded shares of Monro from a “sell” rating to a “hold” rating in a research report on Wednesday, December 27th. Jefferies Group reiterated a “hold” rating on shares of Monro in a research report on Wednesday, January 31st. BidaskClub upgraded shares of Monro from a “sell” rating to a “hold” rating in a research report on Thursday, December 7th. Finally, KeyCorp reiterated a “hold” rating on shares of Monro in a research report on Tuesday, October 24th. Six investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $63.33.

Shares of Monro (NASDAQ MNRO) opened at $54.95 on Monday. The firm has a market cap of $1,802.08, a P/E ratio of 29.07, a P/E/G ratio of 1.92 and a beta of 0.62. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.06 and a quick ratio of 0.33. Monro has a 52-week low of $39.65 and a 52-week high of $64.15.

Monro (NASDAQ:MNRO) last announced its quarterly earnings results on Tuesday, January 30th. The auto parts company reported $0.50 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.50. The business had revenue of $285.70 million for the quarter, compared to the consensus estimate of $292.94 million. Monro had a net margin of 5.13% and a return on equity of 10.48%. Monro’s revenue for the quarter was down .9% on a year-over-year basis. During the same period last year, the company posted $0.53 EPS.

A number of hedge funds have recently made changes to their positions in the business. CIBC Asset Management Inc acquired a new stake in Monro during the 4th quarter worth approximately $232,000. Engineers Gate Manager LP acquired a new stake in Monro during the 4th quarter worth approximately $1,031,000. Parametrica Management Ltd acquired a new stake in Monro during the 4th quarter worth approximately $266,000. Peregrine Capital Management LLC raised its holdings in Monro by 0.6% during the 4th quarter. Peregrine Capital Management LLC now owns 329,820 shares of the auto parts company’s stock worth $18,783,000 after buying an additional 2,073 shares during the period. Finally, SG Americas Securities LLC acquired a new stake in Monro during the 4th quarter worth approximately $404,000.

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About Monro

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.

Earnings History and Estimates for Monro (NASDAQ:MNRO)

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