Equities analysts expect Monro Muffler Brake, Inc. (NASDAQ:MNRO) to post earnings per share (EPS) of $0.48 for the current fiscal quarter, Zacks reports. Four analysts have made estimates for Monro Muffler Brake’s earnings. The lowest EPS estimate is $0.42 and the highest is $0.51. Monro Muffler Brake posted earnings of $0.53 per share during the same quarter last year, which indicates a negative year over year growth rate of 9.4%. The firm is scheduled to announce its next quarterly earnings report on Wednesday, February 7th.

On average, analysts expect that Monro Muffler Brake will report full-year earnings of $2.02 per share for the current fiscal year, with EPS estimates ranging from $1.95 to $2.07. For the next financial year, analysts anticipate that the business will report earnings of $2.21 per share, with EPS estimates ranging from $2.02 to $2.35. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research analysts that follow Monro Muffler Brake.

Monro Muffler Brake (NASDAQ:MNRO) last released its quarterly earnings results 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. The business had revenue of $278.02 million for the quarter, compared to the consensus estimate of $277.06 million. Monro Muffler Brake had a net margin of 5.66% and a return on equity of 10.82%. Monro Muffler Brake’s revenue for the quarter was up 13.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.53 EPS.

Several research analysts have recently issued reports on MNRO shares. Jefferies Group restated a “buy” rating and set a $60.00 price objective on shares of Monro Muffler Brake in a report on Tuesday, September 12th. Zacks Investment Research upgraded shares of Monro Muffler Brake from a “sell” rating to a “hold” rating in a research report on Thursday, September 21st. TheStreet upgraded shares of Monro Muffler Brake from a “c+” rating to a “b-” rating in a research report on Monday, October 2nd. Oppenheimer set a $70.00 price target on shares of Monro Muffler Brake and gave the company a “buy” rating in a research report on Tuesday, October 24th. Finally, KeyCorp restated a “hold” rating on shares of Monro Muffler Brake 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 given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $63.33.

A number of large investors have recently modified their holdings of the business. BlackRock Inc. increased 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 in the last quarter. Vanguard Group Inc. boosted its holdings in Monro Muffler Brake by 1.5% during the second quarter. Vanguard Group Inc. now owns 3,068,423 shares of the auto parts company’s stock worth $128,107,000 after purchasing an additional 44,873 shares during the last quarter. Wasatch Advisors Inc. boosted its holdings in Monro Muffler Brake by 85.5% during the second quarter. Wasatch Advisors Inc. now owns 2,588,911 shares of the auto parts company’s stock worth $108,087,000 after purchasing an additional 1,193,473 shares during the last quarter. TimesSquare Capital Management LLC boosted its holdings in Monro Muffler Brake by 3.9% during the second quarter. TimesSquare Capital Management LLC now owns 1,517,629 shares of the auto parts company’s stock worth $63,361,000 after purchasing an additional 56,420 shares during the last quarter. Finally, Neuberger Berman Group LLC boosted its holdings in 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 purchasing an additional 181,405 shares during the last quarter.

Shares of Monro Muffler Brake (NASDAQ MNRO) traded up $1.25 on Monday, reaching $54.25. 478,200 shares of the company traded hands, compared to its average volume of 363,791. The company has a market cap of $1,777.88, a P/E ratio of 28.25, a PEG ratio of 1.99 and a beta of 0.67. Monro Muffler Brake has a 12-month low of $39.65 and a 12-month high of $61.10. 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 also recently declared a quarterly dividend, which will be paid on Friday, December 22nd. Investors of record on Tuesday, December 12th will be paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.33%. This is an increase from Monro Muffler Brake’s previous quarterly dividend of $0.11. The ex-dividend date is Monday, December 11th. Monro Muffler Brake’s payout ratio is 38.50%.

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About Monro Muffler Brake

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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Earnings History and Estimates for Monro Muffler Brake (NASDAQ:MNRO)

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