Monro Muffler Brake Director Robert E. Mellor Unloads 10,000 Shares (MNRO)
Monro Muffler Brake (NASDAQ:MNRO) Director Robert E. Mellor unloaded 10,000 shares of the stock on the open market in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $53.78, for a total transaction of $537,800.00. Following the completion of the transaction, the director now directly owns 14,000 shares of the company’s stock, valued at approximately $752,920. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Monro Muffler Brake (NASDAQ:MNRO) traded up 2.04% during mid-day trading on Thursday, hitting $55.675. 96,368 shares of the company’s stock traded hands. Monro Muffler Brake has a 1-year low of $41.35 and a 1-year high of $62.11. The stock’s 50-day moving average is $54.61 and its 200-day moving average is $55.36. The company has a market cap of $1.754 billion and a P/E ratio of 32.71.
Monro Muffler Brake (NASDAQ:MNRO) last released its earnings data on Thursday, May 22nd. The company reported $0.36 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.35 by $0.01. The company had revenue of $203.20 million for the quarter, compared to the consensus estimate of $206.70 million. During the same quarter in the prior year, the company posted $0.25 earnings per share. The company’s quarterly revenue was up 3.7% on a year-over-year basis. On average, analysts predict that Monro Muffler Brake will post $2.11 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, June 12th. Stockholders of record on Monday, June 2nd will be paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 0.95%. The ex-dividend date is Thursday, May 29th. This is a boost from Monro Muffler Brake’s previous quarterly dividend of $0.11.
Monro Muffler Brake, Inc (NASDAQ:MNRO) is a chain of 803 Company-operated stores (as of March 31, 2012), three franchised locations and 14 dealer-operated stores providing automotive undercar repair and tire services in the United States.
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