Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Monro (NASDAQ:MNRO) Stock Price

Media coverage about Monro (NASDAQ:MNRO) has been trending somewhat positive on Tuesday, according to Accern Sentiment. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Monro earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave media headlines about the auto parts company an impact score of 45.5895880565415 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Shares of Monro (NASDAQ:MNRO) opened at $60.05 on Tuesday. The stock has a market cap of $1,967.96, a P/E ratio of 32.11, a PEG ratio of 2.20 and a beta of 0.67. Monro has a 12 month low of $39.65 and a 12 month high of $61.50. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.28 and a current ratio of 1.00.

Monro (NASDAQ:MNRO) last posted its quarterly earnings data on Tuesday, October 24th. The auto parts company reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.01. The company had revenue of $278.02 million for the quarter, compared to analyst estimates of $277.06 million. Monro had a net margin of 5.66% and a return on equity of 10.82%. The business’s quarterly revenue was up 13.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.53 earnings per share. sell-side analysts forecast that Monro will post 2.02 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, December 22nd. Investors of record on Tuesday, December 12th were paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date of this dividend was Monday, December 11th. This is a positive change from Monro’s previous quarterly dividend of $0.11. Monro’s payout ratio is 38.50%.

A number of equities research analysts have recently commented on MNRO shares. Jefferies Group downgraded shares of Monro from a “buy” rating to a “hold” rating in a report on Thursday, October 12th. TheStreet downgraded shares of Monro from a “b-” rating to a “c+” rating in a report on Monday, November 13th. Zacks Investment Research raised shares of Monro from a “sell” rating to a “hold” rating in a research report on Thursday, September 21st. BidaskClub raised shares of Monro from a “sell” rating to a “hold” rating in a research report on Thursday, December 7th. Finally, Oppenheimer set a $70.00 target price on shares of Monro and gave the stock a “buy” rating in a research report on Tuesday, October 24th. Eight investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $63.33.

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Monro Company Profile

Monro, Inc, formerly Monro Muffler Brake, Inc, is engaged in the provision of automotive undercar repair and tire services in the United States. The Company provides a range of services on passenger cars, light trucks and vans for brakes; mufflers and exhaust systems, and steering, drive train, suspension and wheel alignment.

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