Monro Inc (NASDAQ:MNRO) has a beta value of -65.94% and has seen 1.01 shares traded in the last trading session. The company, currently valued at $428.26M, closed the last trade at $14.11 per share which meant it lost -$3.89 on the day or 14.29% during that session. The MNRO stock price is -123.18% off its 52-week high price of $31.49 and 13.61% above the 52-week low of $12.19. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.88 million shares traded. The 3-month trading volume is 1.43 shares.
The consensus among analysts is that Monro Inc (MNRO) is Hold stock at the moment, with a recommendation rating of 45.69. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 2 have rated it as a Hold, with 0 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.15.
Monro Inc (NASDAQ:MNRO) trade information
Sporting 14.29% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the MNRO stock price touched $14.11 or saw a rise of 10.01%. Year-to-date, Monro Inc shares have moved -39.98%, while the 5-day performance has seen it change -8.69%. Over the past 30 days, the shares of Monro Inc (NASDAQ:MNRO) have changed 4.15%. Short interest in the company has seen 4.43 million shares shorted with days to cover at 4.04.
Wall Street analysts have a consensus price target for the stock at $15, which means that the shares’ value could jump 5.93% from current levels. The projected low price target is $15.0 while the price target rests at a high of $15.0. In that case, then, we find that the current price level is -6.31% off the targeted high while a plunge would see the stock gain -6.31% from current levels.
Monro Inc (MNRO) estimates and forecasts
The company’s shares have lost -45.06% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -1.67%.
5 analysts offering their estimates for the company have set an average revenue estimate of 295.05M for the current quarter. 5 have an estimated revenue figure of 294.3M for the next ending quarter. Year-ago sales stood 293.18M and 301.39M respectively for this quarter and the next, and analysts expect sales will grow by 0.64% for the current quarter and -1.67% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was – – over the past 5 years.
MNRO Dividends
Monro Inc is expected to release its next earnings report on 2025-May-28 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 1.19 at a share yield of 8.29%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 2.97%.
Monro Inc (NASDAQ:MNRO)’s Major holders
Insiders own 1.47% of the company shares, while shares held by institutions stand at 115.82% with a share float percentage of 117.56%. Investors are also buoyed by the number of investors in a company, with Monro Inc having a total of 261.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 4.7 million shares worth more than $112.1 million. As of 2024-06-30, BLACKROCK INC. held 15.7041% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 3.61 million shares as of 2024-06-30. The firm’s total holdings are worth over $86.21 million and represent 12.0783% of shares outstanding.
