News headlines about Monro (NASDAQ:MNRO) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Monro earned a daily sentiment score of 0.20 on Accern’s scale. Accern also gave news stories about the auto parts company an impact score of 45.5895880565415 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
A number of equities research analysts have issued reports on the stock. KeyCorp reaffirmed a “hold” rating on shares of Monro in a research report on Tuesday, October 24th. TheStreet raised shares of Monro from a “c+” rating to a “b-” rating in a report on Thursday, December 21st. Oppenheimer reaffirmed a “buy” rating on shares of Monro in a report on Friday, December 15th. Zacks Investment Research raised shares of Monro from a “sell” rating to a “hold” rating in a research report on Wednesday, December 27th. Finally, BidaskClub upgraded shares of Monro from a “sell” rating to a “hold” rating in a research note on Thursday, December 7th. Eight equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $63.33.
Shares of Monro (NASDAQ MNRO) opened at $58.80 on Thursday. The company has a quick ratio of 0.28, a current ratio of 1.00 and a debt-to-equity ratio of 0.62. The firm has a market capitalization of $1,950.00, a P/E ratio of 31.61, a price-to-earnings-growth ratio of 2.21 and a beta of 0.67. Monro has a 52 week low of $39.65 and a 52 week high of $61.50.
Monro (NASDAQ:MNRO) last released its earnings results on Tuesday, October 24th. The auto parts company reported $0.55 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.54 by $0.01. The firm had revenue of $278.02 million for the quarter, compared to the consensus estimate of $277.06 million. Monro had a return on equity of 10.82% and a net margin of 5.66%. The firm’s revenue for the quarter was up 13.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.53 earnings per share. equities research analysts expect that Monro will post 2.02 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Friday, December 22nd. Stockholders of record on Tuesday, December 12th were issued a dividend of $0.18 per share. This is an increase from Monro’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Monday, December 11th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.22%. Monro’s payout ratio is currently 38.71%.
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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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