Monro (MNRO) Stock Price, News & Analysis

Company Overview

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. In addition, it operates stores under the brand names of Monro Auto Service and Tire Centers, Tire Choice Auto Service Centers, Mr. Tire Auto Service Centers, Car-X Tire & Auto, Tire Warehouse Tires for Less, Ken Towery's Tire & Auto Care, Mountain View Tire & Auto Service, and Tire Barn Warehouse. The company was founded in 1957 and is headquartered in Rochester, New York.

Key Stats

• Today's Range: $26.65 to $27.87
• 50-Day Range: $24.70 to $29.78
• 52-Week Range: $21.00 to $33.98
• Volume: 447,189 shs
• Average Volume: 521,432 shs
• Market Capitalization: $801.73 million
• P/E Ratio: 30.77
• Dividend Yield: 4.18%
• Price Target: $31.00
• Consensus Rating: Hold

Monro Stock Analysis - MarketRank™

Monro scored higher than 46% of companies evaluated by MarketBeat, and ranked 207th out of 288 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

Monro has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Monro has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 25.30%

Earnings Growth

Earnings for Monro are expected to grow by 25.30% in the coming year, from $0.83 to $1.04 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Monro is 30.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.22.

Price to Earnings Ratio vs. Sector

The P/E ratio of Monro is 30.77, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.99.

Price to Earnings Growth Ratio

Monro has a PEG Ratio of 2.33. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Monro has a P/B Ratio of 1.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

12.24% of the float of Monro has been sold short.

Short Interest Ratio / Days to Cover

Monro has a short interest ratio ("days to cover") of 7.3.

Change versus previous month

Short interest in Monro has recently increased by 0.28%, indicating that investor sentiment is decreasing.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Monro is a leading dividend payer. It pays a dividend yield of 3.89%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Monro has been increasing its dividend for 19 years.

Dividend Coverage

The dividend payout ratio of Monro is 128.74%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Monro will have a dividend payout ratio of 107.69% in the coming year. This indicates that Monro may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

12.24% of the float of Monro has been sold short.

Short Interest Ratio / Days to Cover

Monro has a short interest ratio ("days to cover") of 7.3.

Change versus previous month

Short interest in Monro has recently increased by 0.28%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: N/A

News Sentiment

Monro has a news sentiment score of 0.80. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Monro this week, compared to 29 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Monro insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.59% of the stock of Monro is held by insiders.

MNRO Stock Analysis - Frequently Asked Questions

How have MNRO shares performed this year?

Monro's stock was trading at $29.34 on January 1st, 2024. Since then, MNRO stock has decreased by 8.8% and is now trading at $26.77.
View the best growth stocks for 2024 here.

How were Monro's earnings last quarter?

Monro, Inc. (NASDAQ:MNRO) issued its earnings results on Wednesday, October, 30th. The auto parts company reported $0.17 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.25 by $0.08. The business's revenue was down 6.4% on a year-over-year basis.

Who are Monro's major shareholders?

Top institutional investors of Monro include Wellington Management Group LLP (5.37%), State Street Corp (4.49%), Geode Capital Management LLC (2.75%) and Invenomic Capital Management LP (1.49%). Insiders that own company stock include Michael T Broderick, John L Auerbach and Leah C Johnson.
View institutional ownership trends.

How do I buy shares of Monro?

Shares of MNRO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Monro own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Monro investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), AUO (AUOTY), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Ex-Dividend for 9/10 Dividend: 8/27/2024
• Dividend Payable: 9/10/2024
• Last Earnings: 10/30/2024
• Today: 11/20/2024
• Next Earnings (Estimated): 1/22/2025
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Automotive repair, services & parking
• Sub-Industry: Automotive Retail
• Current Symbol: NASDAQ:MNRO
• CUSIP: 61023610
• CIK: 876427
• Web: www.monro.com
• Phone: (585) 647-6400
• Fax: 585-647-0945
• Employees: 7,660
• Year Founded: 1957

Price Target and Rating

• Average Stock Price Target: $31.00
• High Stock Price Target: $31.00
• Low Stock Price Target: $31.00
• Potential Upside/Downside: +15.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.87
• Trailing P/E Ratio: 30.78
• Forward P/E Ratio: 32.27
• P/E Growth: 2.33
• Net Income: $37.57 million
• Net Margins: 2.24%
• Pretax Margin: 3.15%
• Return on Equity: 4.77%
• Return on Assets: 1.84%

Debt

• Debt-to-Equity Ratio: 0.47
• Current Ratio: 0.53
• Quick Ratio: 0.21

Sales & Book Value

• Annual Sales: $1.28 billion
• Price / Sales: 0.63
• Cash Flow: $3.53 per share
• Price / Cash Flow: 7.59
• Book Value: $21.96 per share
• Price / Book: 1.22

Miscellaneous

• Outstanding Shares: 29,950,000
• Free Float: 29,473,000
• Market Cap: $802.06 million
• Optionable: Optionable
• Beta: 1.11