On Tuesday, Monro Inc (NASDAQ: MNRO) was -3.84% drop from the session before settling in for the closing price of $27.86. A 52-week range for MNRO has been $21.00 – $33.98.
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Consumer Cyclical Sector giant saw their annual sales surged by 1.77% over the last five years. When this article was written, the company’s average yearly earnings per share was at -25.11%. With a float of $28.89 million, this company’s outstanding shares have now reached $29.91 million.
The firm has a total of 7660 workers. Let’s measure their productivity. In terms of profitability, gross margin is 35.95%, operating margin of 5.53%, and the pretax margin is 3.85%.
Monro Inc (MNRO) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Monro Inc stocks. The insider ownership of Monro Inc is 3.43%, while institutional ownership is 107.92%. The most recent insider transaction that took place on Feb 02 ’24, was worth 161,490. In this transaction CEO & President of this company bought 5,000 shares at a rate of $32.30, taking the stock ownership to the 90,487 shares.
Monro Inc (MNRO) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.41 earnings per share (EPS) during the time that was better than consensus figure (set at 0.4) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.33 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -25.11% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.00% during the next five years compared to -13.48% drop over the previous five years of trading.
Monro Inc (NASDAQ: MNRO) Trading Performance Indicators
You can see what Monro Inc (MNRO) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.25. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.64. Likewise, its price to free cash flow for the trailing twelve months is 15.29.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.04, a number that is poised to hit 0.26 in the next quarter and is forecasted to reach 1.20 in one year’s time.
Technical Analysis of Monro Inc (MNRO)
Analysing the last 5-days average volume posted by the [Monro Inc, MNRO], we can find that recorded value of 0.5 million was lower than the volume posted last year of 0.52 million. As of the previous 9 days, the stock’s Stochastic %D was 32.71%. Additionally, its Average True Range was 0.89.
During the past 100 days, Monro Inc’s (MNRO) raw stochastic average was set at 55.20%, which indicates a significant increase from 19.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.69% in the past 14 days, which was lower than the 46.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $27.07, while its 200-day Moving Average is $27.73. Now, the first resistance to watch is $27.59. This is followed by the second major resistance level at $28.38. The third major resistance level sits at $29.03. If the price goes on to break the first support level at $26.14, it is likely to go to the next support level at $25.48. Should the price break the second support level, the third support level stands at $24.69.
Monro Inc (NASDAQ: MNRO) Key Stats
There are 29,921K outstanding shares of the company, which has a market capitalization of 801.56 million. As of now, sales total 1,277 M while income totals 37,570 K. Its latest quarter income was 293,180 K while its last quarter net income were 5,860 K.
