Monro Inc [MNRO] stock prices are down -0.31% to $28.93 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MNRO shares have gain 10.00% over the last week, with a monthly amount glided 25.73%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Monro Inc [NASDAQ: MNRO] stock has seen the most recent analyst activity on September 07, 2023, when Wells Fargo initiated its Equal Weight rating and assigned the stock a price target of $35. On May 29, 2020, downgrade downgraded it’s rating to Neutral. Guggenheim upgraded its rating to a Buy. BMO Capital Markets initiated its recommendation with a Market Perform and recommended $90 as its price target on August 09, 2019. Oppenheimer downgraded its rating to Perform for this stock on July 11, 2019. In a note dated April 04, 2019, Guggenheim downgraded an Neutral rating on this stock.
The stock price of Monro Inc [MNRO] has been fluctuating between $21.00 and $36.31 over the past year. Currently, Wall Street analysts expect the stock to reach $25 within the next 12 months. Monro Inc [NASDAQ: MNRO] shares were valued at $28.93 at the most recent close of the market. An investor can expect a potential drop of -13.58% based on the average MNRO price forecast.
Analyzing the MNRO fundamentals
The Monro Inc [NASDAQ:MNRO] reported sales of 1.24B for trailing twelve months, representing a drop of -10.33%. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.05 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.29.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 27.82 points at the first support level, and at 26.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.63, and for the 2nd resistance point, it is at 30.32.
Ratios To Look Out For
It’s worth pointing out that Monro Inc [NASDAQ:MNRO]’s Current Ratio is 0.59. As well, the Quick Ratio is 0.25, while the Cash Ratio is 0.04. Considering the valuation of this stock, the price to sales ratio is 0.70, the price to book ratio is 1.32 and price to earnings (TTM) ratio is 27.79.
Transactions by insiders
Recent insider trading involved Broderick Michael T, CEO & President, that happened on Feb 02 ’24 when 5000.0 shares were purchased.
