Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Monro Inc (NASDAQ: MNRO) closed at $27.94 up 0.54% from its previous closing price of $27.79. In other words, the price has increased by $0.54 from its previous closing price. On the day, 0.64 million shares were traded. MNRO stock price reached its highest trading level at $28.51 during the session, while it also had its lowest trading level at $27.41.
Ratios:
For a deeper understanding of Monro Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 35.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.76. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 835464704 and an Enterprise Value of 1428030848. As of this moment, Monro’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.94, and their Forward P/E ratio for the next fiscal year is 17.03. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.65 while its Price-to-Book (P/B) ratio in mrq is 1.27. Its current Enterprise Value per Revenue stands at 1.118 whereas that against EBITDA is 9.934.
Stock Price History:
The Beta on a monthly basis for MNRO is 1.14, which has changed by -0.42498457 over the last 52 weeks, in comparison to a change of 0.24191546 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 -9.44%, while the 200-Day Moving Average is calculated to be -9.10%.
Shares Statistics:
For the past three months, MNRO has traded an average of 389.37K shares per day and 348710 over the past ten 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 111.69% stake in the company. Shares short for MNRO as of 1713139200 were 3491665 with a Short Ratio of 8.97, 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
According to the company, the forward annual dividend rate for MNRO is 1.12, from 1.12 in the trailing year. Against a Trailing Annual Dividend Yield of 0.040302265The stock’s 5-year Average Dividend Yield is 2.05. 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
A detailed examination of Monro Inc (MNRO) is currently in progress, with 5.0 analysts providing valuable insights into 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
A total of 5 analysts believe the company’s revenue will be $320.37M this quarter.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.
