Monro (NASDAQ:MNRO) announced its quarterly earnings data on Wednesday. The auto parts company reported $0.15 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.22) by $0.37, MarketWatch Earnings reports. Monro had a return on equity of 6.57% and a net margin of 3.24%. The business had revenue of $247.06 million during the quarter, compared to analyst estimates of $246.86 million. During the same period last year, the company earned $0.69 earnings per share. Monro’s quarterly revenue was down 22.1% compared to the same quarter last year.

Shares of Monro stock traded down $2.65 on Friday, reaching $54.93. 6,259 shares of the stock were exchanged, compared to its average volume of 284,304. The firm’s 50 day moving average is $57.28 and its 200-day moving average is $56.39. Monro has a one year low of $37.09 and a one year high of $87.60. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.60 and a current ratio of 1.35. The firm has a market cap of $1.83 billion, a PE ratio of 49.70, a P/E/G ratio of 3.90 and a beta of 1.14.

Several research firms have commented on MNRO. BMO Capital Markets lowered their target price on shares of Monro from $71.00 to $41.00 and set a “market perform” rating on the stock in a research report on Monday, April 6th. SunTrust Banks lifted their target price on shares of Monro from $58.00 to $60.00 and gave the stock a “hold” rating in a report on Thursday. Oppenheimer reaffirmed a “hold” rating on shares of Monro in a report on Wednesday, June 17th. BidaskClub raised shares of Monro from a “sell” rating to a “hold” rating in a report on Saturday, July 11th. Finally, ValuEngine raised shares of Monro from a “hold” rating to a “buy” rating in a research report on Thursday, July 2nd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $69.20.

Monro Company Profile

Monro, Inc provides automotive undercar repair, and tire sales and services in the United States. The company offers range of services on passenger cars, light trucks, and vans for brakes; mufflers and exhaust systems; and steering, drive train, suspension, and wheel alignment. It also provides other products and services, including tires and routine maintenance services, including state inspections.

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Earnings History for Monro (NASDAQ:MNRO)

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