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Monro Inc (NASDAQ: MNRO) closed the day trading at $23.55 down -2.81% from the previous closing price of $24.23. In other words, the price has decreased by -$2.81 from its previous closing price. On the day, 0.6 million shares were traded. MNRO stock price reached its highest trading level at $24.62 during the session, while it also had its lowest trading level at $23.2464.
Ratios:
For a better understanding of MNRO, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 33.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.61. For the most recent quarter (mrq), Quick Ratio is recorded 0.21 and its Current Ratio is at 0.53. In the meantime, Its Debt-to-Equity ratio is 0.85 whereas as Long-Term Debt/Eq ratio is at 0.73.
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.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 02 ’24 when Broderick Michael T bought 5,000 shares for $32.30 per share. The transaction valued at 161,490 led to the insider holds 90,487 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MNRO now has a Market Capitalization of 725674368 and an Enterprise Value of 1240350976. As of this moment, Monro’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.63, and their Forward P/E ratio for the next fiscal year is 22.04. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57 while its Price-to-Book (P/B) ratio in mrq is 1.08. Its current Enterprise Value per Revenue stands at 1.015 whereas that against EBITDA is 9.481.
Stock Price History:
The Beta on a monthly basis for MNRO is 1.10, which has changed by -0.13864201 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, MNRO has reached a high of $33.98, while it has fallen to a 52-week low of $21.00. The 50-Day Moving Average of the stock is -13.12%, while the 200-Day Moving Average is calculated to be -11.90%.
Shares Statistics:
Over the past 3-months, MNRO traded about 500.19K shares per day on average, while over the past 10 days, MNRO traded about 667190 shares per day. 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 106.46% stake in the company. Shares short for MNRO as of 1734048000 were 3304707 with a Short Ratio of 6.61, compared to 1731628800 on 3643046. Therefore, it implies a Short% of Shares Outstanding of 3304707 and a Short% of Float of 16.03.
Dividends & Splits
MNRO’s forward annual dividend rate is 1.12, up from 1.12 a year ago. Against a Trailing Annual Dividend Yield of 0.04622369The stock’s 5-year Average Dividend Yield is 2.52. The current Payout Ratio is 98.06% for MNRO, which recently paid a dividend on 2024-08-27 with an ex-dividend date of 1733184000. Stock splits for the company last occurred on 2010-12-27 when the company split stock in a 3:2 ratio.