Media stories about Monro (NASDAQ:MNRO) have been trending somewhat positive recently, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Monro earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned news articles 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 impact on the company’s share price in the next few days.
Shares of Monro (MNRO) opened at $59.05 on Friday. Monro has a twelve month low of $39.65 and a twelve month high of $61.50. The firm has a market cap of $1,963.05, a PE ratio of 31.58, a P/E/G ratio of 2.20 and a beta of 0.67. 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 (NASDAQ:MNRO) last announced its quarterly earnings data on Tuesday, October 24th. The auto parts company reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.54 by $0.01. Monro had a net margin of 5.66% and a return on equity of 10.82%. The company had revenue of $278.02 million during the quarter, compared to analyst estimates of $277.06 million. During the same quarter last year, the business posted $0.53 EPS. The firm’s revenue for the quarter was up 13.0% on a year-over-year basis. equities analysts forecast that Monro will post 2.02 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, December 22nd. Investors of record on Tuesday, December 12th were issued a dividend of $0.18 per share. 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. This represents a $0.72 dividend on an annualized basis and a yield of 1.22%. Monro’s dividend payout ratio (DPR) is presently 38.50%.
MNRO has been the subject of a number of analyst reports. Jefferies Group cut shares of Monro from a “buy” rating to a “hold” rating in a research note on Thursday, October 12th. TheStreet cut shares of Monro from a “b-” rating to a “c+” rating in a research note on Monday, November 13th. Zacks Investment Research raised shares of Monro from a “sell” rating to a “hold” rating in a research note on Thursday, September 21st. BidaskClub raised shares of Monro from a “sell” rating to a “hold” rating in a research note on Thursday, December 7th. Finally, Oppenheimer set a $70.00 price objective on shares of Monro and gave the stock a “buy” rating in a research note on Tuesday, October 24th. Eight analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $63.33.
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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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