Gaining Ground: Monro Inc (MNRO) Closes Lower at 26.68, Down -1.22

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The price of Monro Inc (NASDAQ: MNRO) closed at $26.68 in the last session, down -1.22% from day before closing price of $27.01. In other words, the price has decreased by -$1.22 from its previous closing price. On the day, 0.44 million shares were traded. MNRO stock price reached its highest trading level at $27.22 during the session, while it also had its lowest trading level at $26.38.

Ratios:

We take a closer look at MNRO’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 42.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.23. For the most recent quarter (mrq), Quick Ratio is recorded 0.25 and its Current Ratio is at 0.59. In the meantime, Its Debt-to-Equity ratio is 0.94 whereas as Long-Term Debt/Eq ratio is at 0.83.

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, Wells Fargo on September 07, 2023, initiated with a Equal Weight rating and assigned the stock a target price of $35.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 808163904 and an Enterprise Value of 1397188736. As of this moment, Monro’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.63, and their Forward P/E ratio for the next fiscal year is 23.00. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.71. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.64 while its Price-to-Book (P/B) ratio in mrq is 1.22. Its current Enterprise Value per Revenue stands at 1.124 whereas that against EBITDA is 9.824.

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 $21.00. The 50-Day Moving Average of the stock is 6.30%, while the 200-Day Moving Average is calculated to be -5.60%.

Shares Statistics:

According to the various share statistics, MNRO traded on average about 647.45K shares per day over the past 3-months and 369600 shares per day over the past 10 days. A total of 29.91M shares are outstanding, with a floating share count of 29.27M. Insiders hold about 2.16% of the company’s shares, while institutions hold 108.28% stake in the company. Shares short for MNRO as of 1723680000 were 4153045 with a Short Ratio of 6.41, compared to 1721001600 on 4019530. Therefore, it implies a Short% of Shares Outstanding of 4153045 and a Short% of Float of 20.169999999999998.

Dividends & Splits

The forward annual dividend rate for MNRO is 1.12, which was 1.12 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.041466124The stock’s 5-year Average Dividend Yield is 2.27.

Earnings Estimates

The performance of Monro Inc (MNRO) in the stock market is under the watchful eye of 5.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is $0.31, with high estimates of $0.35 and low estimates of $0.25.

Analysts are recommending an EPS of between $1.03 and $0.95 for the fiscal current year, implying an average EPS of $0.99. EPS for the following year is $1.16, with 5.0 analysts recommending between $1.25 and $1.03.

Revenue Estimates

For the next quarter, 4 analysts are estimating revenue of $310.47M. There is a high estimate of $317.65M for the next quarter, whereas the lowest estimate is $305.2M.

A total of 4 analysts have provided revenue estimates for MNRO’s current fiscal year. The highest revenue estimate was $1.21B, while the lowest revenue estimate was $1.19B, resulting in an average revenue estimate of $1.2B. In the same quarter a year ago, actual revenue was $1.28BBased on 4 analysts’ estimates, the company’s revenue will be $1.25B in the next fiscal year. The high estimate is $1.26B and the low estimate is $1.21B.

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