Monro (MNRO) Receiving Somewhat Favorable Media Coverage, Study Shows
Media coverage about Monro (NASDAQ:MNRO) has been trending somewhat positive on Thursday, Accern reports. Accern rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Monro earned a news impact score of 0.25 on Accern’s scale. Accern also assigned news stories about the auto parts company an impact score of 47.1893211436038 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern’s rankings:
- Active-Investors: Free Research Report as Lear Achieved Record Quarterly Sales and Adjusted EPS (finanznachrichten.de)
- Monro Inc (MNRO) Director Stephen C. Mccluski Sells 10,000 Shares (americanbankingnews.com)
- Oppenheimer Weighs in on Monro Inc’s Q1 2019 Earnings (MNRO) (americanbankingnews.com)
- FY2019 EPS Estimates for Monro Inc Boosted by Analyst (MNRO) (americanbankingnews.com)
Shares of Monro (NASDAQ MNRO) traded down $0.80 during trading on Thursday, reaching $53.80. 24,805 shares of the company’s stock traded hands, compared to its average volume of 318,331. Monro has a 52 week low of $39.65 and a 52 week high of $64.15. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.06 and a quick ratio of 0.33. The stock has a market cap of $1,792.24, a P/E ratio of 31.89, a P/E/G ratio of 1.93 and a beta of 0.62.
A number of research firms have issued reports on MNRO. BidaskClub upgraded shares of Monro from a “hold” rating to a “buy” rating in a report on Friday, January 26th. Zacks Investment Research upgraded shares of Monro from a “hold” rating to a “buy” rating and set a $69.00 price objective on the stock in a report on Wednesday, January 24th. TheStreet upgraded shares of Monro from a “c+” rating to a “b-” rating in a report on Thursday, December 21st. Jefferies Group restated a “hold” rating on shares of Monro in a report on Wednesday, January 31st. Finally, Oppenheimer restated a “buy” rating on shares of Monro in a report on Tuesday, January 30th. Six research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $63.33.
In other Monro news, Director Stephen C. Mccluski sold 10,000 shares of the firm’s stock in a transaction on Monday, February 5th. The shares were sold at an average price of $55.51, for a total transaction of $555,100.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 6.20% of the company’s stock.
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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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