Monro (NASDAQ:MNRO - Get Free Report) announced its earnings results on Wednesday. The auto parts company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.12), Zacks reports. Monro had a net margin of 1.64% and a return on equity of 3.75%.
Monro Stock Up 0.2 %
MNRO stock traded up $0.04 during mid-day trading on Friday, hitting $19.64. The stock had a trading volume of 1,579,157 shares, compared to its average volume of 627,418. The company has a current ratio of 0.53, a quick ratio of 0.21 and a debt-to-equity ratio of 0.47. Monro has a 1-year low of $18.95 and a 1-year high of $33.98. The company has a fifty day moving average of $24.46 and a 200 day moving average of $26.19. The stock has a market capitalization of $588.20 million, a price-to-earnings ratio of 30.69, a PEG ratio of 1.62 and a beta of 1.11.
Monro Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, December 17th. Shareholders of record on Tuesday, December 3rd were given a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 5.70%. The ex-dividend date was Tuesday, December 3rd. Monro's payout ratio is currently 175.00%.
Analyst Ratings Changes
Several research analysts recently weighed in on MNRO shares. Wedbush reissued an "outperform" rating and set a $31.00 price target on shares of Monro in a research report on Wednesday, December 18th. Stephens started coverage on Monro in a research report on Tuesday, October 15th. They set an "equal weight" rating and a $31.00 price target on the stock. Finally, Wells Fargo & Company dropped their price target on Monro from $26.00 to $24.00 and set an "equal weight" rating on the stock in a research report on Monday, January 27th.
Get Our Latest Stock Analysis on Monro
About Monro
(
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Monro, Inc provides automotive undercar repair, and tire sales and services in the United States. It offers replacement tires and tire related services, automotive undercar repair services, and routine maintenance services primarily to passenger cars, light trucks, and vans. The company also provides other products and services for brakes; mufflers and exhaust systems; and steering, drive train, suspension, and wheel alignment.
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