Monro Muffler Brake (NASDAQ:MNRO) was downgraded by ValuEngine from a “hold” rating to a “sell” rating in a note issued to investors on Tuesday.

Other equities research analysts also recently issued reports about the stock. TheStreet upgraded shares of Monro Muffler Brake from a “c+” rating to a “b-” rating in a research note on Thursday, December 21st. Zacks Investment Research upgraded shares of Monro Muffler Brake from a “hold” rating to a “buy” rating and set a $59.00 price objective for the company in a research note on Wednesday, April 4th. BidaskClub upgraded shares of Monro Muffler Brake from a “hold” rating to a “buy” rating in a research note on Friday, January 26th. Oppenheimer reiterated a “buy” rating on shares of Monro Muffler Brake in a research note on Tuesday, January 30th. Finally, SunTrust Banks began coverage on shares of Monro Muffler Brake in a research note on Thursday, March 22nd. They set a “hold” rating and a $55.00 price objective for the company. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the company. Monro Muffler Brake has a consensus rating of “Hold” and a consensus target price of $61.43.

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Shares of MNRO opened at $52.95 on Tuesday. The company has a market capitalization of $1,864.39, a price-to-earnings ratio of 28.62, a PEG ratio of 1.61 and a beta of 0.62. Monro Muffler Brake has a twelve month low of $39.65 and a twelve month high of $64.15. 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 Muffler Brake (NASDAQ:MNRO) last posted its quarterly earnings data on Tuesday, January 30th. The auto parts company reported $0.50 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.50. Monro Muffler Brake had a net margin of 5.13% and a return on equity of 10.48%. The business had revenue of $285.70 million during the quarter, compared to the consensus estimate of $292.94 million. During the same period in the previous year, the firm posted $0.53 earnings per share. The business’s revenue for the quarter was down .9% compared to the same quarter last year. equities analysts predict that Monro Muffler Brake will post 2.02 earnings per share for the current fiscal year.

In related news, Director Stephen C. Mccluski sold 10,000 shares of the firm’s stock in a transaction on Monday, February 5th. The shares were sold at an average price of $55.51, for a total transaction of $555,100.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Maureen Mulholland sold 3,000 shares of the firm’s stock in a transaction on Thursday, March 1st. The stock was sold at an average price of $51.00, for a total transaction of $153,000.00. The disclosure for this sale can be found here. Company insiders own 6.20% of the company’s stock.

Several institutional investors have recently modified their holdings of MNRO. Donald L. Hagan LLC purchased a new position in Monro Muffler Brake in the fourth quarter valued at $639,000. Wasatch Advisors Inc. increased its holdings in Monro Muffler Brake by 13.6% in the fourth quarter. Wasatch Advisors Inc. now owns 3,290,061 shares of the auto parts company’s stock valued at $187,369,000 after buying an additional 394,585 shares in the last quarter. FDx Advisors Inc. increased its holdings in Monro Muffler Brake by 23.1% in the fourth quarter. FDx Advisors Inc. now owns 28,194 shares of the auto parts company’s stock valued at $1,606,000 after buying an additional 5,299 shares in the last quarter. Global Endowment Management LP purchased a new position in Monro Muffler Brake in the fourth quarter valued at $251,000. Finally, Rhumbline Advisers increased its holdings in Monro Muffler Brake by 12.3% in the fourth quarter. Rhumbline Advisers now owns 86,373 shares of the auto parts company’s stock valued at $4,919,000 after buying an additional 9,432 shares in the last quarter.

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Monro Muffler Brake Company Profile

Monro, Inc provides automotive undercar repair, and tire sales and services in the United States. The company offers range of services on passenger cars, light trucks, and vans for brakes; mufflers and exhaust systems; and steering, drive train, suspension, and wheel alignment. It also provides other products and services, including tires and routine maintenance services, including state inspections.

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Analyst Recommendations for Monro Muffler Brake (NASDAQ:MNRO)

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