Monro Muffler Brake (NASDAQ:MNRO) was upgraded by equities research analysts at BidaskClub from a “sell” rating to a “hold” rating in a report issued on Thursday.

Several other equities research analysts have also commented on MNRO. KeyCorp restated a “hold” rating on shares of Monro Muffler Brake in a research note on Tuesday, October 24th. TheStreet upgraded Monro Muffler Brake from a “c+” rating to a “b-” rating in a research note on Monday, October 2nd. 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 target on Monro Muffler Brake and gave the stock a “buy” rating in a research note on Tuesday, October 24th. Finally, Jefferies Group reiterated a “buy” rating and issued a $60.00 price target on shares of Monro Muffler Brake in a research note on Tuesday, September 12th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $63.33.

Shares of Monro Muffler Brake (NASDAQ:MNRO) opened at $52.45 on Thursday. The company has a quick ratio of 0.28, a current ratio of 1.00 and a debt-to-equity ratio of 0.62. The company has a market capitalization of $1,709.06, a price-to-earnings ratio of 27.16, a PEG 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.

Monro Muffler Brake (NASDAQ:MNRO) last posted its quarterly earnings data on Tuesday, October 24th. The auto parts company reported $0.55 EPS for the quarter, topping the consensus estimate of $0.54 by $0.01. The firm had revenue of $278.02 million during 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 was up 13.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.53 EPS. research analysts anticipate that Monro Muffler Brake will post 2.02 earnings per share for the current fiscal year.

A number of hedge funds have recently modified their holdings of MNRO. Teachers Advisors LLC increased its stake in Monro Muffler Brake by 2.9% in the 1st quarter. Teachers Advisors LLC now owns 52,925 shares of the auto parts company’s stock worth $2,757,000 after buying an additional 1,500 shares in the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of Monro Muffler Brake by 47.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 250,131 shares of the auto parts company’s stock valued at $10,443,000 after purchasing an additional 79,953 shares during the last quarter. Municipal Employees Retirement System of Michigan boosted its holdings in shares of Monro Muffler Brake by 4.5% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 7,690 shares of the auto parts company’s stock valued at $321,000 after purchasing an additional 330 shares during the last quarter. Great West Life Assurance Co. Can boosted its holdings in shares of Monro Muffler Brake by 3.9% during the 2nd quarter. Great West Life Assurance Co. Can now owns 47,824 shares of the auto parts company’s stock valued at $1,994,000 after purchasing an additional 1,800 shares during the last quarter. Finally, Texas Permanent School Fund boosted its holdings in shares of Monro Muffler Brake by 1.2% during the 2nd quarter. Texas Permanent School Fund now owns 23,869 shares of the auto parts company’s stock valued at $997,000 after purchasing an additional 291 shares during the last quarter.

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About Monro Muffler Brake

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.

Analyst Recommendations for Monro Muffler Brake (NASDAQ:MNRO)

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