Monro Muffler Brake, Inc. (MNRO) Receives Average Rating of "Hold" from Analysts

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30 June, 2017

315,373 stocks of the firms shares transacted hands. The auto parts company reported $0.29 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.29.

Daruma Capital Management Llc decreased Digitalglobe Inc (NYSE:DGI) stake by 152,970 shares to 2.23 million valued at $64.03M in 2016Q4. During the session shares stayed in the range from $45.50 to $44.05.

About 439,901 shares traded. NeoPhotonics Corp (NYSE:NPTN) has declined 9.58% since June 27, 2016 and is downtrending.

Monro Muffler Brake, Inc.is engaged in the provision of automotive undercar fix and tire services in the United States. The stock has a market capitalization of $1.48 billion, a price-to-earnings ratio of 24.527 and a beta of 0.64. (NASDAQ:MNRO) has received a consensus rating of "Hold" from the ten research firms that are now covering the company, Marketbeat.com reports. Moreover, Aperio Grp has 0% invested in Monro Muffler Brake Inc (NASDAQ:MNRO) for 8,963 shares. Hoornbeck now owns $1,584,445 of the stock per the Form 4 SEC filing. About 794,941 shares traded or 94.06% up from the average. During the last 52 weeks, the CMS price has been as high as $48.37 and as low as $38.78. It has underperformed by 35.58% the S&P500.

Investors sentiment increased to 1.41 in 2016 Q4. Its down 0.30, from 1.08 in 2016Q3.

A number of other institutional investors have also modified their holdings of the company. Sold All: 15 Reduced: 55 Increased: 65 New Position: 34. Wasatch Advsr invested in 1.3% or 1.51M shares. As of the end of the quarter Ranger Investment Management, L.p. had bought 73,910 shares growing its holdings by 19.1%. Deutsche Bank & Trust Ag holds 58,744 shares or 0% of its portfolio. Assetmark reported 294 shares stake. Blackrock Group Ltd invested in 68,543 shares or 0% of the stock.

Monro Muffler Brake, Inc.is engaged in the provision of automotive undercar fix and tire services in the United States. Bancorp Of Montreal Can holds 54,618 shares. Ridgeworth Cap Management Ltd, a Georgia-based fund reported 6,781 shares. The company maintenance services comprise oil change, heating and cooling system flush and fill service, belt installation, fuel system service, and a transmission flush and fill service. Waddell & Reed owns 985,759 shares. Neuberger Berman Gp Limited Co holds 1.26 million shares. On average, equities research analysts anticipate that Monro Muffler Brake will post $2.18 EPS for the current fiscal year. This represents a $0.72 annualized dividend and a yield of 1.59%. BidaskClub upgraded shares of Monro Muffler Brake from a "strong sell" rating to a "sell" rating in a research report on Tuesday. Envestnet Asset Mgmt holds 0% of its portfolio in Monro Muffler Brake Inc (NASDAQ:MNRO) for 7,112 shares.

Ratings analysis reveals 45% of Monro Muffler Brake's analysts are positive. Therefore 29% are positive. This is an increase from Monro Muffler Brake's previous quarterly dividend of $0.17. The rating was initiated by Goldman Sachs on Thursday, December 17 with "Neutral". The company was upgraded on Thursday, October 27 by Northcoast. On Friday, August 26 the stock rating was initiated by Susquehanna with "Positive". The firm has "Buy" rating by Gabelli given on Tuesday, January 31. CIBC restated a "buy" rating on shares of Monro Muffler Brake in a research report on Monday, April 17th. The rating was initiated by Sterne Agee CRT on Tuesday, October 20 with "Buy". Stephens downgraded shares of Monro Muffler Brake from an "overweight" rating to an "equal weight" rating in a research note on Thursday. Intersect ENT had 10 analyst reports since August 17, 2015 according to SRatingsIntel. The rating was initiated by Oppenheimer on Tuesday, March 29 with "Outperform". Comerica Bank raised its position in shares of Monro Muffler Brake by 5.3% in the fourth quarter. Russell Investments Group Ltd. bought a new position in Monro Muffler Brake during the fourth quarter worth about $10,118,000. The company operates its stores under the brand names of Monro Muffler Brake & Service, Tread Quarters Discount Tire, Mr. Tire, Autotire Car Care Center, Tire Warehouse, Tire Barn Warehouse, Ken Towerys Tire & Auto Care, The Tire Choice, Car-X, and McGee Tire. (MNRO) to Neutral" with publication date: "June 20, 2017.

Many analysts published research study on MNRO.


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