Monro, Inc. (NASDAQ:MNRO – Free Report) – Research analysts at Wedbush lowered their FY2025 earnings per share (EPS) estimates for shares of Monro in a note issued to investors on Thursday, January 30th. Wedbush analyst S. Basham now expects that the auto parts company will earn $0.64 per share for the year, down from their previous forecast of $0.85. Wedbush has a “Outperform” rating and a $31.00 price target on the stock. The consensus estimate for Monro’s current full-year earnings is $0.84 per share. Wedbush also issued estimates for Monro’s Q4 2025 earnings at $0.06 EPS, FY2026 earnings at $0.75 EPS and FY2027 earnings at $0.94 EPS.
Other research analysts have also issued reports about the company. Wells Fargo & Company reduced their price target on Monro from $26.00 to $24.00 and set an “equal weight” rating on the stock in a research report on Monday, January 27th. Stephens assumed coverage on Monro in a research report on Tuesday, October 15th. They issued an “equal weight” rating and a $31.00 price target on the stock.
Monro Trading Up 0.2 %
MNRO stock opened at $19.64 on Monday. The business has a fifty day moving average price of $24.46 and a 200 day moving average price of $26.19. Monro has a fifty-two week low of $18.95 and a fifty-two week high of $33.98. The stock has a market capitalization of $588.22 million, a price-to-earnings ratio of 30.69, a P/E/G ratio of 1.62 and a beta of 1.11. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.53 and a quick ratio of 0.21.
Monro (NASDAQ:MNRO – Get Free Report) last posted its quarterly earnings results on Wednesday, January 29th. The auto parts company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.12). Monro had a net margin of 1.64% and a return on equity of 3.75%.
Institutional Investors Weigh In On Monro
A number of institutional investors have recently made changes to their positions in the company. Pacer Advisors Inc. bought a new stake in shares of Monro in the fourth quarter valued at approximately $28,899,000. Wellington Management Group LLP boosted its stake in shares of Monro by 20.5% in the third quarter. Wellington Management Group LLP now owns 1,606,868 shares of the auto parts company’s stock valued at $46,374,000 after buying an additional 273,265 shares during the period. Empowered Funds LLC bought a new stake in shares of Monro in the fourth quarter valued at approximately $3,327,000. Landscape Capital Management L.L.C. boosted its stake in shares of Monro by 434.7% in the third quarter. Landscape Capital Management L.L.C. now owns 104,550 shares of the auto parts company’s stock valued at $3,017,000 after buying an additional 84,996 shares during the period. Finally, GSA Capital Partners LLP raised its position in Monro by 100.9% during the third quarter. GSA Capital Partners LLP now owns 126,432 shares of the auto parts company’s stock valued at $3,649,000 after purchasing an additional 63,506 shares in the last quarter.
Monro Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 17th. Investors of record on Tuesday, December 3rd were issued a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 5.70%. The ex-dividend date of this dividend was Tuesday, December 3rd. Monro’s payout ratio is currently 175.00%.
About Monro
Monro, Inc provides automotive undercar repair, and tire sales and services in the United States. It offers replacement tires and tire related services, automotive undercar repair services, and routine maintenance services primarily to passenger cars, light trucks, and vans. The company also provides other products and services for brakes; mufflers and exhaust systems; and steering, drive train, suspension, and wheel alignment.
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