Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $18.45 in the prior trading day, Monro Inc (NASDAQ: MNRO) closed at $17.67, down -4.23%. In other words, the price has decreased by -$4.23 from its previous closing price. On the day, 1.16 million shares were traded.
Ratios:
Our goal is to gain a better understanding of MNRO by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 52.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.51. For the most recent quarter (mrq), Quick Ratio is recorded 0.19 and its Current Ratio is at 0.54. In the meantime, Its Debt-to-Equity ratio is 0.83 whereas as Long-Term Debt/Eq ratio is at 0.71.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wedbush on December 19, 2024, initiated with a Outperform rating and assigned the stock a target price of $31.
On October 15, 2024, Stephens started tracking the stock assigning a Equal-Weight rating and target price of $31.
On September 07, 2023, Wells Fargo started tracking the stock assigning a Equal Weight rating and target price of $35.Wells Fargo initiated its Equal Weight rating on September 07, 2023, with a $35 target price.
Valuation Measures:
As of this moment, Monro’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.91, and their Forward P/E ratio for the next fiscal year is 22.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.44 while its Price-to-Book (P/B) ratio in mrq is 0.82.
Stock Price History:
Over the past 52 weeks, MNRO has reached a high of $33.98, while it has fallen to a 52-week low of $17.85. The 50-Day Moving Average of the stock is -18.50%, while the 200-Day Moving Average is calculated to be -29.74%.
Shares Statistics:
A total of 29.95M shares are outstanding, with a floating share count of 28.92M. Insiders hold about 3.43% of the company’s shares, while institutions hold 108.91% stake in the company.