Monro Inc (NASDAQ:MNRO) Director Stephen C. Mccluski sold 10,000 shares of the company’s stock in a transaction dated 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 can be accessed through this link.
Shares of Monro Inc (NASDAQ:MNRO) traded down $2.85 during midday trading on Monday, hitting $52.10. The company had a trading volume of 449,270 shares, compared to its average volume of 333,324. The firm has a market cap of $1,770.00, a PE ratio of 32.31, a PEG ratio of 1.92 and a beta of 0.62. The company has a current ratio of 1.06, a quick ratio of 0.33 and a debt-to-equity ratio of 0.62. Monro Inc has a 1 year low of $39.65 and a 1 year high of $64.15.
Monro (NASDAQ:MNRO) last announced its earnings results on Tuesday, January 30th. The auto parts company reported $0.50 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.50. The firm had revenue of $285.70 million during the quarter, compared to analysts’ expectations of $292.94 million. Monro had a return on equity of 10.48% and a net margin of 5.13%. The business’s revenue was down .9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.53 EPS. research analysts forecast that Monro Inc will post 2.09 EPS for the current year.
Several hedge funds and other institutional investors have recently made changes to their positions in MNRO. Wasatch Advisors Inc. boosted its position in shares of Monro by 85.5% in the 2nd 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 period. FMR LLC acquired a new stake in shares of Monro in the 2nd quarter valued at about $16,355,000. CWM LLC acquired a new stake in shares of Monro in the 4th quarter valued at about $12,802,000. Neuberger Berman Group LLC boosted its position in shares of Monro by 15.2% in the 3rd quarter. Neuberger Berman Group LLC now owns 1,375,231 shares of the auto parts company’s stock valued at $77,082,000 after purchasing an additional 181,405 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in shares of Monro by 24.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 887,263 shares of the auto parts company’s stock valued at $37,043,000 after purchasing an additional 172,725 shares during the period.
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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