Monro, Inc is an auto parts business based in the US. Monro shares (MNRO) are listed on the NASDAQ and all prices are listed in US Dollars. Monro employs 7,800 staff and has a trailing 12-month revenue of around 0.00.
How to buy shares in Monro
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- Research the stock. Find the stock by name or ticker symbol – MNRO – and research it before deciding if it's a good investment for you.
- 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.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
Monro stock price (NASDAQ: MNRO)Use our graph to track the performance of MNRO stocks over time.
Monro shares at a glance
|Latest market close||$62.34|
|52-week range||$38.94 - $72.39|
|50-day moving average||$62.82|
|200-day moving average||$64.18|
|Wall St. target price||$60.50|
|Dividend yield||$0.88 (1.42%)|
|Earnings per share (TTM)||$1.01|
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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 Monro 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.
Monro price performance over time
|1 week (2021-07-15)||N/A|
|1 month (2021-06-25)||-3.12%|
|3 months (2021-04-26)||-9.65%|
|6 months (2021-01-22)||N/A|
|1 year (2020-07-22)||N/A|
|2 years (2019-07-22)||N/A|
|3 years (2018-07-22)||N/A|
|5 years (2016-07-22)||N/A|
Is Monro under- or over-valued?
Valuing Monro stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Monro's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Monro's P/E ratio
Monro's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 62x. In other words, Monro shares trade at around 62x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Monro's PEG ratio
Monro's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.0792. 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 Monro's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Monro's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $149.7 million.
The EBITDA is a measure of a Monro's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$1.1 billion|
|Operating margin TTM||6.43%|
|Gross profit TTM||$395.2 million|
|Return on assets TTM||2.34%|
|Return on equity TTM||4.63%|
|Market capitalisation||$2.1 billion|
TTM: trailing 12 months
Shorting Monro shares
There are currently 2.9 million Monro shares held short by investors – that's known as Monro's "short interest". This figure is 3% down from 3.0 million last month.
There are a few different ways that this level of interest in shorting Monro shares can be evaluated.
Monro's "short interest ratio" (SIR)
Monro's "short interest ratio" (SIR) is the quantity of Monro shares currently shorted divided by the average quantity of Monro shares traded daily (recently around 226377.43710692). Monro's SIR currently stands at 12.72. In other words for every 100,000 Monro shares traded daily on the market, roughly 12720 shares are currently held short.
However Monro's short interest can also be evaluated against the total number of Monro shares, or, against the total number of tradable Monro shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Monro's short interest could be expressed as 0.09% of the outstanding shares (for every 100,000 Monro shares in existence, roughly 90 shares are currently held short) or 0.0875% of the tradable shares (for every 100,000 tradable Monro shares, roughly 88 shares are currently held short).
A SIR above 10% would generally be considered pretty high, pointing to a potentially pessimistic outlook for the share price and a discouraging interest in betting against Monro.
Find out more about how you can short Monro stock.
Monro share dividends
Dividend payout ratio: 78.95% of net profits
Recently Monro has paid out, on average, around 78.95% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.54% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Monro shareholders could enjoy a 1.54% return on their shares, in the form of dividend payments. In Monro's case, that would currently equate to about $0.88 per share.
Monro's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Monro's most recent dividend payout was on 20 June 2021. The latest dividend was paid out to all shareholders who bought their shares by 3 June 2021 (the "ex-dividend date").
Have Monro's shares ever split?
Monro's shares were split on a 3:2 basis on 26 December 2010. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Monro shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Monro shares which in turn could have impacted Monro's share price.
Monro share price volatility
Over the last 12 months, Monro's shares have ranged in value from as little as $38.9382 up to $72.3923. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Monro's is 1.1551. This would suggest that Monro's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Monro, Inc. provides automotive undercar repair, and tire sales and services in the United States. It offers replacement tires and tire related services; routine maintenance services on passenger cars, light trucks, and vans; products and services for brakes; mufflers and exhaust systems; and steering, drive train, suspension, and wheel alignment. The company also provides auto maintenance services, including oil change, lubrication and fluid, motor vehicle safety inspection, auto emissions test, and air conditioners inspection services; and auto repair services for fuel and ignition systems, wheel alignment, suspension system, air conditioners. In addition, it offers heating and cooling systems, transmission flush and fills, batteries, alternators, and starters, as well as belt and hose installation, and scheduled maintenance services. The company operates its stores under the brand names of Monro Auto Service and Tire Centers, Tire Choice Auto Service Centers, Mr. Tire Auto Service Centers, Car-X Tire & Auto, Tire Warehouse Tires for Less, Ken Towery's Tire & Auto Care, Tire Barn Warehouse, and Free Service Tire & Auto Centers.
Stocks similar to Monro
Monro in the news
Monro Muffler Brake (MNRO) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Monro, Inc. to Report First Quarter Fiscal 2022 Earnings on July 28, 2021
Monro, Inc. to Report First Quarter Fiscal 2022 Earnings on July 28, 2021
Frequently asked questionsWhat percentage of Monro is owned by insiders or institutions?
Currently 1.622% of Monro shares are held by insiders and 115.532% by institutions. How many people work for Monro?
Latest data suggests 7,800 work at Monro. When does the fiscal year end for Monro?
Monro's fiscal year ends in March. Where is Monro based?
Monro's address is: 200 Holleder Parkway, Rochester, NY, United States, 14615 What is Monro's ISIN number?
Monro's international securities identification number is: US6102361010 What is Monro's CUSIP number?
Monro's Committee on Uniform Securities Identification Procedures number is: 610236101
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