Monro Inc [MNRO] stock is trading at $16.20, down -1.70%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MNRO shares have lost -1.04% over the last week, with a monthly amount drifted -16.97%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Monro Inc [NASDAQ: MNRO] stock has seen the most recent analyst activity on December 19, 2024, when Wedbush initiated its Outperform rating and assigned the stock a price target of $31. Previously, Stephens started tracking the stock with Equal-Weight rating on October 15, 2024, and set its price target to $31. On September 07, 2023, Wells Fargo initiated with a Equal Weight rating and assigned a price target of $35 on the stock. Wolfe Research started tracking the stock assigning a Peer Perform rating. Guggenheim downgraded its rating to a Neutral. Guggenheim upgraded its rating to Buy for this stock on December 10, 2019. In a note dated August 09, 2019, BMO Capital Markets initiated an Market Perform rating and provided a target price of $90 on this stock.
Monro Inc [MNRO] stock has fluctuated between $15.98 and $32.13 over the past year. Currently, Wall Street analysts expect the stock to reach $31 within the next 12 months. Monro Inc [NASDAQ: MNRO] shares were valued at $16.20 at the most recent close of the market. An investor can expect a potential return of 91.36% based on the average MNRO price forecast.
Analyzing the MNRO fundamentals
Monro Inc [NASDAQ:MNRO] reported sales of 1.21B for the trailing twelve months, which represents a drop of -3.74%. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.83.
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 15.89 points at the first support level, and at 15.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.56, and for the 2nd resistance point, it is at 16.91.
Ratios To Look Out For
For context, Monro Inc’s Current Ratio is 0.54. As well, the Quick Ratio is 0.19, while the Cash Ratio is 0.02. Considering the valuation of this stock, the price to sales ratio is 0.40, the price to book ratio is 0.75 and price to earnings (TTM) ratio is 27.43.
