Monro (MNRO) to Release Earnings on Tuesday

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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About Monro

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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Earnings History for Monro (NASDAQ:MNRO)

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