Shares of Monro Muffler Brake (NASDAQ:MNRO) have been given an average recommendation of “Hold” by the fourteen research firms that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $59.60.
Several brokerages have issued reports on MNRO. TheStreet upgraded Monro Muffler Brake from a “c+” rating to a “b-” rating in a report on Thursday, December 21st. ValuEngine upgraded Monro Muffler Brake from a “sell” rating to a “hold” rating in a report on Wednesday, April 4th. Guggenheim began coverage on Monro Muffler Brake in a report on Tuesday. They issued a “buy” rating and a $67.00 price target on the stock. Zacks Investment Research upgraded Monro Muffler Brake from a “hold” rating to a “buy” rating and set a $59.00 price target on the stock in a report on Wednesday, April 4th. Finally, BidaskClub upgraded Monro Muffler Brake from a “hold” rating to a “buy” rating in a report on Friday, January 26th.
NASDAQ MNRO traded up $1.10 during trading hours on Thursday, hitting $54.05. 224,533 shares of the company’s stock were exchanged, compared to its average volume of 298,928. Monro Muffler Brake has a 1-year low of $39.65 and a 1-year high of $64.15. The stock has a market capitalization of $1,864.39, a P/E ratio of 28.62, a P/E/G ratio of 1.61 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 Muffler Brake (NASDAQ:MNRO) last released its earnings results on Tuesday, January 30th. The auto parts company reported $0.50 EPS for the quarter, hitting the consensus estimate of $0.50. Monro Muffler Brake had a return on equity of 10.48% and a net margin of 5.13%. The business had revenue of $285.70 million during the quarter, compared to analysts’ expectations of $292.94 million. During the same quarter last year, the firm posted $0.53 earnings per share. The firm’s revenue was down .9% on a year-over-year basis. equities analysts expect that Monro Muffler Brake will post 2.02 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Monday, March 26th. Stockholders of record on Friday, March 16th were issued a $0.18 dividend. The ex-dividend date was Thursday, March 15th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.33%. Monro Muffler Brake’s dividend payout ratio is presently 38.92%.
In other news, Director Stephen C. Mccluski sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, February 5th. The stock was sold at an average price of $55.51, for a total value of $555,100.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Maureen Mulholland sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 1st. The shares were sold at an average price of $51.00, for a total value of $153,000.00. The disclosure for this sale can be found here. 6.20% of the stock is owned by company insiders.
Several hedge funds have recently bought and sold shares of the company. Teachers Advisors LLC lifted its holdings in shares of Monro Muffler Brake by 1.7% in the fourth quarter. Teachers Advisors LLC now owns 57,916 shares of the auto parts company’s stock valued at $3,298,000 after purchasing an additional 993 shares in the last quarter. D.A. Davidson & CO. lifted its holdings in shares of Monro Muffler Brake by 19.2% in the fourth quarter. D.A. Davidson & CO. now owns 8,547 shares of the auto parts company’s stock valued at $487,000 after purchasing an additional 1,378 shares in the last quarter. UBS Asset Management Americas Inc. increased its position in shares of Monro Muffler Brake by 7.7% during the fourth quarter. UBS Asset Management Americas Inc. now owns 21,613 shares of the auto parts company’s stock valued at $1,231,000 after acquiring an additional 1,542 shares during the last quarter. Peregrine Capital Management LLC increased its position in shares of Monro Muffler Brake by 0.6% during the fourth quarter. Peregrine Capital Management LLC now owns 329,820 shares of the auto parts company’s stock valued at $18,783,000 after acquiring an additional 2,073 shares during the last quarter. Finally, Fenimore Asset Management Inc. increased its position in shares of Monro Muffler Brake by 0.9% during the fourth quarter. Fenimore Asset Management Inc. now owns 254,995 shares of the auto parts company’s stock valued at $14,522,000 after acquiring an additional 2,150 shares during the last quarter.
WARNING: This piece of content was first reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this piece of content on another site, it was illegally stolen and reposted in violation of international trademark and copyright laws. The legal version of this piece of content can be accessed at https://www.dispatchtribunal.com/2018/04/17/monro-muffler-brake-mnro-given-average-rating-of-hold-by-analysts.html.
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.
Receive News & Ratings for Monro Muffler Brake Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Monro Muffler Brake and related companies with MarketBeat.com's FREE daily email newsletter.