Monro (NASDAQ:MNRO) is scheduled to be posting its quarterly earnings results before the market opens on Tuesday, May 21st. Analysts expect Monro to post earnings of $0.51 per share for the quarter.
Shares of Monro stock opened at $79.27 on Tuesday. Monro has a one year low of $51.45 and a one year high of $89.72. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.30 and a current ratio of 1.05. The stock has a market cap of $2.70 billion, a P/E ratio of 38.11, a price-to-earnings-growth ratio of 2.47 and a beta of 0.75.
A number of research analysts recently weighed in on MNRO shares. Zacks Investment Research downgraded Monro from a “buy” rating to a “hold” rating in a research note on Wednesday, January 16th. BidaskClub downgraded Monro from a “hold” rating to a “sell” rating in a research note on Saturday, February 2nd. Finally, Guggenheim downgraded Monro from a “buy” rating to a “neutral” rating and set a $82.89 price target on the stock. in a research note on Thursday, April 4th. They noted that the move was a valuation call. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $81.95.
In related news, Director Donald Glickman sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, February 25th. The stock was sold at an average price of $78.16, for a total transaction of $781,600.00. Following the transaction, the director now directly owns 181,078 shares of the company’s stock, valued at approximately $14,153,056.48. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Maureen Mulholland sold 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 13th. The stock was sold at an average price of $79.60, for a total value of $79,600.00. Following the transaction, the insider now directly owns 200 shares in the company, valued at $15,920. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 21,000 shares of company stock worth $1,637,300. 4.60% of the stock is owned by company insiders.
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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.
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