Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure

How to buy Meritor stock

Learn how to easily invest in Meritor stock.

Meritor Inc is an auto parts business based in the US. Meritor shares (MTOR) are listed on the NYSE and all prices are listed in US Dollars. Meritor employs 9,600 staff and has a trailing 12-month revenue of around $4.1 billion.

How to buy shares in Meritor

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – MTOR – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.
Client disclaimer: US Brokerage services through eToro USA Securities Inc, member of FINRA, SIPC. Crypto assets through eToro USA LLC.

Meritor stock price (NYSE: MTOR)

Use our graph to track the performance of MTOR stocks over time.

Meritor shares at a glance

Information last updated 2022-10-02.
Latest market close$36.50
52-week range$21.93 - $36.50
50-day moving average $36.23
200-day moving average $31.49
Wall St. target price$36.50
PE ratio 11.9672
Dividend yield $0 (0%)
Earnings per share (TTM) $3.05

Buy Meritor shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
1 - 6 of 6
Name Product Asset types Stock trade fee Minimum deposit Signup bonus
SoFi Invest
Stocks, ETFs, Cryptocurrency
$0
$0
$10 - $100
when you open an account and place a first crypto trade of $50 - $5,000+
A free way to invest in most equities.
eToro
Stocks, ETFs, Cryptocurrency
$0
$10
8%-12% of your deposit
when you sign up and deposit at least $50. T&Cs apply.
Trade stocks in the app or online with $0 commissions. Not available in NY, NV, MN, TN, and HI.
Tastyworks
Stocks, Options, ETFs, Cryptocurrency
$0
$0
$200 in US stocks
when you open and fund an account with min. $2,000 for 3+ mos.
Trade stocks, options, ETFs and futures on mobile or desktop with this advanced platform.
Public
Stocks, ETFs, Cryptocurrency
$0
$0
Receive a free stock slice worth between $3–$300
when you sign up for an account and deposit at least $20.
Commission-free trading in stocks and ETFs with a social networking twist.
JPMorgan Self-Directed Investing
Stocks, Bonds, Options, Mutual funds, ETFs
$0
$0
$125 - $625
when you open and fund an account with $25,000 - $250,000+
INVESTMENT AND INSURANCE PRODUCTS ARE: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE
Robinhood
Stocks, Options, ETFs, Cryptocurrency
$0
$0
Get a free stock
when you successfully sign up and link your bank account.
Make unlimited commission-free trades, plus earn 3% interest on uninvested cash in your account with Robinhood Gold.
loading

Compare up to 4 providers

*Signup bonus information updated weekly.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Meritor stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Meritor price performance over time

Historical closes compared with the close of $36.5 from 2022-08-03

1 week (2022-09-25) N/A
1 month (2022-09-02) N/A
3 months (2022-07-06) 0.55%
6 months (2022-04-06) 2.82%
1 year (2021-10-05) 51.64%
2 years (2020-10-06) 52.98%
3 years (2019-10-04) 110.25%
5 years (2017-10-05) 38.73%

Is Meritor stock undervalued or overvalued?

Valuing Meritor stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Meritor's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Meritor's P/E ratio

Meritor's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 12x. In other words, Meritor shares trade at around 12x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Meritor's PEG ratio

Meritor's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.69. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Meritor's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Meritor's EBITDA

Meritor's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $327 million.

The EBITDA is a measure of a Meritor's overall financial performance and is widely used to measure a its profitability.

Meritor financials

Revenue TTM $4.1 billion
Operating margin TTM 5.51%
Gross profit TTM $505 million
Return on assets TTM 4.37%
Return on equity TTM 34.96%
Profit margin 5.37%
Book value $9.59
Market capitalisation $2.6 billion

TTM: trailing 12 months

Meritor share dividends

We're not expecting Meritor to pay a dividend over the next 12 months.

Have Meritor's shares ever split?

Meritor's shares were split on a 9997:13329 basis on 10 July 2000. So if you had owned 13329 shares the day before before the split, the next day you'd have owned 9997 shares. This wouldn't directly have changed the overall worth of your Meritor shares – just the quantity. However, indirectly, the new 33.3% higher share price could have impacted the market appetite for Meritor shares which in turn could have impacted Meritor's share price.

Meritor share price volatility

Over the last 12 months, Meritor's shares have ranged in value from as little as $21.93 up to $36.5. A popular way to gauge a stock's volatility is its "beta".

MTOR.US volatility(beta: 1.55)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Meritor's is 1.5521. This would suggest that Meritor's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Meritor overview

Meritor, Inc. designs, develops, manufactures, markets, distributes, sells, services, and supports integrated systems, modules, and components in North America, South America, Europe, and the Asia Pacific. It operates through two segments, Commercial Truck, and Aftermarket and Industrial. The company offers axles, including front steer and rear drive axles for medium- and heavy-duty commercial vehicles; heavy-duty trailer axles; suspension modules and brake products comprising drum and disc brakes; universal joints and driveline components; trailer air suspension systems and products; transfer cases and drivelines; and advanced suspension modules for use in light-, medium- and heavy-duty military tactical wheeled vehicles. It also provides air brakes, such as cam drum, wedge drum, and air disc brakes, as well as wheel-end components, including hubs, drums, and rotors to medium- and heavy-duty commercial vehicle manufacturers; and electric drive systems comprising electric motors and inverters, power electronics, battery pack, electrified accessories, and related software and controls for terminal tractors and medium and heavy-duty trucks and buses. In addition, the company sells other complementary products, including third-party and private label items, which include brake shoes and friction materials; automatic slack adjusters; yokes and shafts; wheel-end hubs and drums; ABS and stability control systems; shock absorbers and air springs; and air brakes. Meritor, Inc.

Frequently asked questions

What percentage of Meritor is owned by insiders or institutions?
Currently 1.941% of Meritor shares are held by insiders and 93.149% by institutions.
How many people work for Meritor?
Latest data suggests 9,600 work at Meritor.
When does the fiscal year end for Meritor?
Meritor's fiscal year ends in September.
Where is Meritor based?
Meritor's address is: 2135 West Maple Road, Troy, MI, United States, 48084-7186
What is Meritor's ISIN number?
Meritor's international securities identification number is: US59001K1007
What is Meritor's CUSIP number?
Meritor's Committee on Uniform Securities Identification Procedures number is: 043353101

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site