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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 8,184 staff and has a trailing 12-month revenue of around USD$1.2 billion.
Since the stock market crash in March caused by coronavirus, Monro's share price has had significant negative movement.
Its last market close was USD$45.34, which is 24.96% down on its pre-crash value of USD$60.42 and 21.80% up on the lowest point reached during the March crash when the shares fell as low as USD$37.225.
If you had bought USD$1,000 worth of Monro shares at the start of February 2020, those shares would have been worth USD$652.84 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$728.16.
|Latest market close||USD$45.34|
|52-week range||USD$37.0906 - USD$81.56|
|50-day moving average||USD$43.134|
|200-day moving average||USD$51.3994|
|Wall St. target price||USD$58.5|
|Dividend yield||USD$0.88 (2.09%)|
|Earnings per share (TTM)||USD$1.132|
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.
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.
|1 week (2020-11-20)||4.06%|
|1 month (2020-10-30)||7.80%|
|3 months (2020-08-28)||-2.85%|
|6 months (2020-05-29)||-17.71%|
|1 year (2019-11-29)||-38.23%|
|2 years (2018-11-29)||-44.13%|
|3 years (2017-11-29)||-10.92%|
|5 years (2015-11-27)||-39.64%|
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 current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 38x. In other words, Monro shares trade at around 38x 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 "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.1452. 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 USD$154.6 million.
The EBITDA is a measure of a Monro's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$1.2 billion|
|Operating margin TTM||7.25%|
|Gross profit TTM||USD$476.7 million|
|Return on assets TTM||3.09%|
|Return on equity TTM||5.3%|
|Market capitalisation||USD$1.4 billion|
TTM: trailing 12 months
There are currently 3.0 million Monro shares held short by investors – that's known as Monro's "short interest". This figure is 18.6% down from 3.7 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) is the quantity of Monro shares currently shorted divided by the average quantity of Monro shares traded daily (recently around 367221.81372549). Monro's SIR currently stands at 8.16. In other words for every 100,000 Monro shares traded daily on the market, roughly 8160 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 0.1796% of the tradable shares (for every 100,000 tradable Monro shares, roughly 180 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Monro.
Find out more about how you can short Monro stock.
Dividend payout ratio: 61.54% of net profits
Recently Monro has paid out, on average, around 61.54% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.09% 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 2.09% 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 8 September 2020. The latest dividend was paid out to all shareholders who bought their shares by 21 August 2020 (the "ex-dividend date").
Monro's shares were split on a 3:2 basis on 27 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.
Over the last 12 months, Monro's shares have ranged in value from as little as $37.0906 up to $81.56. 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 1.1208. 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 range of state inspections 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 maintenance services, including oil change, heating and cooling system ?flush and fill' service, belt installation, fuel system service, and a transmission ?flush and fill' service. In addition, it replaces and services batteries, starters, and alternators; and offers inspection and air conditioning services. The company operates its stores under the brand names of Monro Auto Service and Tire Centers, Tread Quarters Discount Tire Auto Service Centers, Mr. Tire Auto Service Centers, Autotire Car Care Centers, Tire Warehouse Tires for Less, Tire Barn Warehouse, Ken Towery's Tire & Auto Care, Tire Choice Auto Service Centers, and Car-X Tire & Auto. As of March 28, 2020, it operated 1,283 company-operated stores, 98 franchised locations, eight wholesale locations, three retread facilities, and two dealer-operated stores in 32 states. The company was formerly known as Monro Muffler Brake, Inc. and changed its name to Monro, Inc. in August 2017. Monro, Inc. was founded in 1957 and is headquartered in Rochester, New York.
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