In the last trading session, 1.13 million Monro Inc (NASDAQ:MNRO) shares changed hands as the company’s beta touched 0.99. With the company’s per share price at $17.26 changed hands at $1.05 or 6.48% during last session, the market valuation stood at $517.27M. MNRO’s last price was a discount, traded about -82.44% off its 52-week high of $31.49. The share price had its 52-week low at $12.19, which suggests the last value was 29.37% up since then. When we look at Monro Inc’s average trading volume, we note the 10-day average is 1.44 million shares, with the 3-month average coming to 1.01 million.
Analysts gave the Monro Inc (MNRO) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.60. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended MNRO as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight. Monro Inc’s EPS for the current quarter is expected to be 0.15.
Monro Inc (NASDAQ:MNRO) trade information
Instantly MNRO was in green as seen at the end of in last trading. With action 10.64%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -30.40%, with the 5-day performance at 10.64% in the green. However, in the 30-day time frame, Monro Inc (NASDAQ:MNRO) is 35.27% up. Looking at the short shares, we see there were 4.41 million shares sold at short interest cover period of 5.84 days.
The consensus price target for the stock as assigned by Wall Street analysts is 23, meaning bulls need an upside of 24.96% from its current market value. According to analyst projections, MNRO’s forecast low is 15 with 31 as the target high. To hit the forecast high, the stock’s price needs a -79.61% plunge from its current level, while the stock would need to tank 13.09% for it to hit the projected low.
Monro Inc (MNRO) estimates and forecasts
Year-over-year growth is forecast to reach -1.67% down from the last financial year.
Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 295.05M. 5 analysts are of the opinion that Monro Inc’s revenue for the current quarter will be 294.3M. The company’s revenue for the corresponding quarters a year ago was 293.18M and 301.39M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 0.64%. The estimates for the next quarter sales put growth at -2.35%.
The 2025 estimates are for Monro Inc earnings to increase by 51.25%.
MNRO Dividends
Monro Inc is expected to release its next quarterly earnings report on 2025-May-27. The 6.49% annual yield figure for the share gives it an annual dividend of 1.12. It is important to note, however, that the 6.49% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 2.97 per year.
Monro Inc (NASDAQ:MNRO)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 1.46% of Monro Inc shares while 115.94% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 117.65%. There are 115.94% institutions holding the Monro Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 15.7041% of the shares, roughly 4.7 million MNRO shares worth $112.1 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 12.0783% or 3.61 million shares worth $86.21 million as of 2024-06-30.
Among Mutual Funds, the top two as of Apr 30, 2025 were iShares Trust-iShares Core S&P Small-Cap ETF and T. Rowe Price Small-Cap Value Fund, Inc. . With 1.81 shares estimated at $31.2 million under it, the former controlled 6.03% of total outstanding shares. On the other hand, T. Rowe Price Small-Cap Value Fund, Inc. held about 5.28% of the shares, roughly 1.58 shares worth around $27.29 million.
