Monro Muffler Brake, Inc. (NASDAQ:MNRO) was downgraded by research analysts at TheStreet from a “b-” rating to a “c+” rating in a research report issued to clients and investors on Monday.

MNRO has been the topic of several other research reports. Oppenheimer Holdings, Inc. set a $70.00 price target on Monro Muffler Brake and gave the stock a “buy” rating in a report on Tuesday, October 24th. Zacks Investment Research raised Monro Muffler Brake from a “sell” rating to a “hold” rating in a report on Thursday, September 21st. Jefferies Group LLC reissued a “buy” rating and issued a $60.00 price target on shares of Monro Muffler Brake in a report on Tuesday, September 12th. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and issued a $51.00 price target (down previously from $54.00) on shares of Monro Muffler Brake in a report on Saturday, July 22nd. Finally, KeyCorp reissued a “hold” rating on shares of Monro Muffler Brake in a report on Tuesday, October 24th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $63.33.

Shares of Monro Muffler Brake (NASDAQ MNRO) opened at $48.00 on Monday. The stock has a market capitalization of $1,564.87, a P/E ratio of 24.87, a P/E/G ratio of 1.75 and a beta of 0.68. Monro Muffler Brake has a 1-year low of $39.65 and a 1-year high of $61.75. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.00 and a quick ratio of 0.28.

Monro Muffler Brake (NASDAQ:MNRO) last announced its quarterly earnings results on Tuesday, October 24th. The auto parts company reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.01. The business had revenue of $278.02 million for the quarter, compared to the consensus estimate of $277.06 million. Monro Muffler Brake had a return on equity of 10.82% and a net margin of 5.66%. The business’s revenue was up 13.0% on a year-over-year basis. During the same quarter last year, the business posted $0.53 EPS. analysts forecast that Monro Muffler Brake will post 2.02 earnings per share for the current year.

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A number of institutional investors have recently made changes to their positions in MNRO. UBS Asset Management Americas Inc. raised its stake in Monro Muffler Brake by 52.0% during the 1st quarter. UBS Asset Management Americas Inc. now owns 17,709 shares of the auto parts company’s stock valued at $923,000 after acquiring an additional 6,059 shares in the last quarter. Teachers Advisors LLC raised its stake in Monro Muffler Brake by 2.9% during the 1st quarter. Teachers Advisors LLC now owns 52,925 shares of the auto parts company’s stock valued at $2,757,000 after acquiring an additional 1,500 shares in the last quarter. Vanguard Group Inc. raised its stake in Monro Muffler Brake by 6.5% during the 1st quarter. Vanguard Group Inc. now owns 3,023,550 shares of the auto parts company’s stock valued at $157,528,000 after acquiring an additional 183,577 shares in the last quarter. Geode Capital Management LLC raised its stake in Monro Muffler Brake by 7.9% during the 1st quarter. Geode Capital Management LLC now owns 267,796 shares of the auto parts company’s stock valued at $13,952,000 after acquiring an additional 19,698 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Monro Muffler Brake by 3.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 714,538 shares of the auto parts company’s stock valued at $37,228,000 after acquiring an additional 24,175 shares in the last quarter.

Monro Muffler Brake Company Profile

Monro, Inc, formerly Monro Muffler Brake, Inc, is engaged in the provision of automotive undercar repair and tire services in the United States. The Company provides a range of services on passenger cars, light trucks and vans for brakes; mufflers and exhaust systems, and steering, drive train, suspension and wheel alignment.

Analyst Recommendations for Monro Muffler Brake (NASDAQ:MNRO)

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