Market Momentum Report: Monro Inc (MNRO)’s Negative Close at 25.59

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

The price of Monro Inc (NASDAQ: MNRO) closed at $25.59 in the last session, down -2.51% from day before closing price of $26.25. In other words, the price has decreased by -$2.51 from its previous closing price. On the day, 0.52 million shares were traded. MNRO stock price reached its highest trading level at $26.14 during the session, while it also had its lowest trading level at $25.37.

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 32.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.28. For the most recent quarter (mrq), Quick Ratio is recorded 0.23 and its Current Ratio is at 0.56. In the meantime, Its Debt-to-Equity ratio is 0.93 whereas as Long-Term Debt/Eq ratio is at 0.82.

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.

Broderick Michael T bought 10,000 shares of MNRO for $350,260 on Aug 02 ’23. The CEO & President now owns 85,487 shares after completing the transaction at $35.03 per share.

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 765194752 and an Enterprise Value of 1377496192. As of this moment, Monro’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.67, and their Forward P/E ratio for the next fiscal year is 15.60. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.60 while its Price-to-Book (P/B) ratio in mrq is 1.16. Its current Enterprise Value per Revenue stands at 1.078 whereas that against EBITDA is 9.582.

Stock Price History:

The Beta on a monthly basis for MNRO is 1.16, which has changed by -0.46329993 over the last 52 weeks, in comparison to a change of 0.2537824 over the same period for the S&P500. Over the past 52 weeks, MNRO has reached a high of $50.20, while it has fallen to a 52-week low of $22.72. The 50-Day Moving Average of the stock is -15.00%, while the 200-Day Moving Average is calculated to be -15.51%.

Shares Statistics:

According to the various share statistics, MNRO traded on average about 393.87K shares per day over the past 3-months and 399020 shares per day over the past 10 days. A total of 31.41M shares are outstanding, with a floating share count of 29.27M. Insiders hold about 2.11% of the company’s shares, while institutions hold 111.94% stake in the company. Shares short for MNRO as of 1713139200 were 3491665 with a Short Ratio of 8.87, compared to 1710460800 on 3561069. Therefore, it implies a Short% of Shares Outstanding of 3491665 and a Short% of Float of 20.84.

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 0.042666666The stock’s 5-year Average Dividend Yield is 2.11. The current Payout Ratio is 94.91% for MNRO, which recently paid a dividend on 2024-03-07 with an ex-dividend date of 1709769600. Stock splits for the company last occurred on 2010-12-27 when the company split stock in a 3:2 ratio.

Earnings Estimates

The current assessment of Monro Inc (MNRO) involves the perspectives of 5.0 analysts closely monitoring its market dynamics.On average, analysts expect EPS of $0.3 for the current quarter, with a high estimate of $0.33 and a low estimate of $0.26, while EPS last year was $0.08. The consensus estimate for the next quarter is $0.41, with high estimates of $0.51 and low estimates of $0.37.

Analysts are recommending an EPS of between $1.44 and $1.38 for the fiscal current year, implying an average EPS of $1.41. EPS for the following year is $1.64, with 5.0 analysts recommending between $1.68 and $1.6.

Revenue Estimates

According to 5 analysts, the current quarter’s revenue is expected to be $320.37M. It ranges from a high estimate of $324.82M to a low estimate of $309.35M. As of the current estimate, Monro Inc’s year-ago sales were $310.84MFor the next quarter, 5 analysts are estimating revenue of $333.61M. There is a high estimate of $335.14M for the next quarter, whereas the lowest estimate is $333M.

A total of 5 analysts have provided revenue estimates for MNRO’s current fiscal year. The highest revenue estimate was $1.29B, while the lowest revenue estimate was $1.28B, resulting in an average revenue estimate of $1.29B. In the same quarter a year ago, actual revenue was $1.33BBased on 5 analysts’ estimates, the company’s revenue will be $1.32B in the next fiscal year. The high estimate is $1.35B and the low estimate is $1.3B.

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