Monro Muffler Brake (NASDAQ:MNRO) was upgraded by equities research analysts at BidaskClub from a “sell” rating to a “hold” rating in a research note issued on Thursday.

A number of other brokerages have also issued reports on MNRO. TheStreet raised shares of Monro Muffler Brake from a “c+” rating to a “b-” rating in a report on Monday, October 2nd. Jefferies Group lowered shares of Monro Muffler Brake from a “buy” rating to a “hold” rating in a report on Thursday, October 12th. Zacks Investment Research lowered shares of Monro Muffler Brake from a “hold” rating to a “sell” rating in a report on Friday, October 13th. KeyCorp reissued a “hold” rating on shares of Monro Muffler Brake in a report on Tuesday, October 24th. Finally, Oppenheimer set a $70.00 price target on Monro Muffler Brake and gave the stock a “buy” rating in a research report on Tuesday, October 24th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $63.33.

Monro Muffler Brake (NASDAQ MNRO) traded up $0.55 during midday trading on Thursday, reaching $53.00. 233,737 shares of the company’s stock were exchanged, compared to its average volume of 363,281. Monro Muffler Brake has a 12 month low of $39.65 and a 12 month high of $61.10. The company has a market cap of $1,717.26, a PE ratio of 27.29, a price-to-earnings-growth ratio of 1.92 and a beta of 0.67. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.28 and a current ratio of 1.00.

Monro Muffler Brake (NASDAQ:MNRO) last announced its quarterly earnings data on Tuesday, October 24th. The auto parts company reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.01. Monro Muffler Brake had a net margin of 5.66% and a return on equity of 10.82%. The business had revenue of $278.02 million during the quarter, compared to analyst estimates of $277.06 million. During the same period last year, the firm posted $0.53 EPS. The company’s revenue was up 13.0% on a year-over-year basis. sell-side analysts predict that Monro Muffler Brake will post 2.02 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. grew its stake in Monro Muffler Brake by 1.0% in the second quarter. BlackRock Inc. now owns 4,085,148 shares of the auto parts company’s stock valued at $170,556,000 after purchasing an additional 41,299 shares during the last quarter. Vanguard Group Inc. grew its stake in Monro Muffler Brake by 1.5% in the second quarter. Vanguard Group Inc. now owns 3,068,423 shares of the auto parts company’s stock valued at $128,107,000 after purchasing an additional 44,873 shares during the last quarter. Wasatch Advisors Inc. grew its stake in Monro Muffler Brake by 85.5% in the second quarter. Wasatch Advisors Inc. now owns 2,588,911 shares of the auto parts company’s stock valued at $108,087,000 after purchasing an additional 1,193,473 shares during the last quarter. TimesSquare Capital Management LLC grew its stake in Monro Muffler Brake by 3.9% in the second quarter. TimesSquare Capital Management LLC now owns 1,517,629 shares of the auto parts company’s stock valued at $63,361,000 after purchasing an additional 56,420 shares during the last quarter. Finally, Neuberger Berman Group LLC grew its stake in shares of Monro Muffler Brake by 15.2% during the third quarter. Neuberger Berman Group LLC now owns 1,375,231 shares of the auto parts company’s stock worth $77,082,000 after acquiring an additional 181,405 shares during the last quarter.

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Monro Muffler Brake Company Profile

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.

Analyst Recommendations for Monro Muffler Brake (NASDAQ:MNRO)

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