Monro Muffler Brake (MNRO) Getting Somewhat Positive Press Coverage, Study Shows

Media headlines about Monro Muffler Brake (NASDAQ:MNRO) have trended somewhat positive on Thursday, according to Accern. The research firm ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Monro Muffler Brake earned a news impact score of 0.12 on Accern’s scale. Accern also gave media coverage about the auto parts company an impact score of 47.6142318947128 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Shares of Monro Muffler Brake (NASDAQ MNRO) opened at $52.45 on Thursday. The company has a market capitalization of $1,709.06, a P/E ratio of 27.16, a P/E/G ratio of 1.91 and a beta of 0.67. Monro Muffler Brake has a 12-month low of $39.65 and a 12-month high of $61.10. The company has a current ratio of 1.00, a quick ratio of 0.28 and a debt-to-equity ratio of 0.62.

Monro Muffler Brake (NASDAQ:MNRO) last released its quarterly earnings results on Tuesday, October 24th. The auto parts company reported $0.55 EPS for the quarter, topping the Zacks’ consensus estimate of $0.54 by $0.01. The business had revenue of $278.02 million for the quarter, compared to analyst estimates of $277.06 million. Monro Muffler Brake had a return on equity of 10.82% and a net margin of 5.66%. Monro Muffler Brake’s revenue for the quarter was up 13.0% on a year-over-year basis. During the same period in the prior year, the company earned $0.53 EPS. analysts anticipate that Monro Muffler Brake will post 2.02 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 22nd. Investors of record on Tuesday, December 12th will be given a dividend of $0.18 per share. The ex-dividend date of this dividend is Monday, December 11th. This is a positive change from Monro Muffler Brake’s previous quarterly dividend of $0.11. This represents a $0.72 dividend on an annualized basis and a yield of 1.37%. Monro Muffler Brake’s dividend payout ratio is 38.50%.

MNRO has been the topic of several analyst reports. Jefferies Group reiterated a “buy” rating and issued a $60.00 price objective on shares of Monro Muffler Brake in a research note on Tuesday, September 12th. TheStreet lowered Monro Muffler Brake from a “b-” rating to a “c+” rating in a research note on Monday, November 13th. Zacks Investment Research upgraded Monro Muffler Brake from a “sell” rating to a “hold” rating in a research note on Thursday, September 21st. Oppenheimer set a $70.00 price objective on Monro Muffler Brake and gave the company a “buy” rating in a research note on Tuesday, October 24th. Finally, KeyCorp reiterated a “hold” rating on shares of Monro Muffler Brake in a research note on Tuesday, October 24th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. Monro Muffler Brake presently has a consensus rating of “Hold” and a consensus target price of $63.33.

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Monro Muffler Brake 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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