On Monday, Monro Inc (NASDAQ: MNRO) opened higher 4.55% from the last session, before settling in for the closing price of $27.04. Price fluctuations for MNRO have ranged from $21.00 to $33.98 over the past 52 weeks.
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A company in the Consumer Cyclical sector has jumped its sales by 1.77% annually for the last half of the decade. Company’s average yearly earnings per share was noted -33.83% at the time writing. With a float of $28.92 million, this company’s outstanding shares have now reached $29.91 million.
In an organization with 7660 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 35.86%, operating margin of 4.88%, and the pretax margin is 3.15%.
Monro Inc (MNRO) Insider Updates
A key investor’s attitude towards the stock of the Auto Parts industry is another important factor to consider. The insider ownership of Monro Inc is 3.43%, while institutional ownership is 106.40%. 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) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.39 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.39) by -0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.18 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -33.83% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to -13.48% drop over the previous five years of trading.
Monro Inc (NASDAQ: MNRO) Trading Performance Indicators
Check out the current performance indicators for Monro Inc (MNRO). In the past quarter, the stock posted a quick ratio of 0.21. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.70. Likewise, its price to free cash flow for the trailing twelve months is 9.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.82, a number that is poised to hit 0.36 in the next quarter and is forecasted to reach 1.08 in one year’s time.
Technical Analysis of Monro Inc (MNRO)
Let’s dig in a bit further. During the last 5-days, its volume was 0.56 million. That was better than the volume of 0.52 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 25.04%. Additionally, its Average True Range was 0.98.
During the past 100 days, Monro Inc’s (MNRO) raw stochastic average was set at 69.30%, which indicates a significant increase from 49.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.77% in the past 14 days, which was lower than the 46.86% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $27.93, while its 200-day Moving Average is $27.48. However, in the short run, Monro Inc’s stock first resistance to watch stands at $28.83. Second resistance stands at $29.39. The third major resistance level sits at $30.13. If the price goes on to break the first support level at $27.53, it is likely to go to the next support level at $26.79. Assuming the price breaks the second support level, the third support level stands at $26.23.
Monro Inc (NASDAQ: MNRO) Key Stats
There are currently 29,949K shares outstanding in the company with a market cap of 856.49 million. Presently, the company’s annual sales total 1,277 M according to its annual income of 37,570 K. Last quarter, the company’s sales amounted to 301,390 K and its income totaled 5,650 K.
