Monro Muffler Brake (NASDAQ:MNRO) Given Media Impact Score of 0.07
Headlines about Monro Muffler Brake (NASDAQ:MNRO) have trended somewhat positive recently, Accern Sentiment reports. The research group scores the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Monro Muffler Brake earned a daily sentiment score of 0.07 on Accern’s scale. Accern also assigned press coverage about the auto parts company an impact score of 46.0204775545145 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the media headlines that may have effected Accern’s scoring:
- Senior VP – Store Operations of Monro Muffler Brake (NASDAQ:MNRO), Hoyle Craig L, sells 2,000 shares worth $96,035 (empowerednews.net)
- Insider Selling: Monro Muffler Brake, Inc. (NASDAQ:MNRO) VP Sells 2,000 Shares of Stock (americanbankingnews.com)
- Monro Muffler Brake, Inc. (MNRO) President Buys $248,900.49 in Stock (americanbankingnews.com)
- Robert E. Mellor Purchases 500 Shares of Monro Muffler Brake, Inc. (NASDAQ:MNRO) Stock (americanbankingnews.com)
A number of analysts have recently weighed in on MNRO shares. CIBC reiterated a “buy” rating on shares of Monro Muffler Brake in a report on Monday, April 17th. Jefferies Group LLC reiterated a “buy” rating and set a $60.00 target price on shares of Monro Muffler Brake in a report on Friday, May 5th. Oppenheimer Holdings, Inc. set a $70.00 target price on shares of Monro Muffler Brake and gave the stock a “buy” rating in a report on Thursday, May 18th. TheStreet lowered shares of Monro Muffler Brake from a “b-” rating to a “c+” rating in a report on Tuesday, May 23rd. Finally, BidaskClub lowered shares of Monro Muffler Brake from a “sell” rating to a “strong sell” rating in a report on Friday, June 16th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company’s stock. Monro Muffler Brake has a consensus rating of “Hold” and a consensus price target of $63.33.
Monro Muffler Brake (NASDAQ MNRO) remained flat at $46.50 during trading on Friday. The stock had a trading volume of 185,362 shares. The company has a market capitalization of $1.52 billion, a PE ratio of 24.76 and a beta of 0.71. Monro Muffler Brake has a 52 week low of $39.65 and a 52 week high of $62.07. The company has a 50-day moving average price of $44.36 and a 200-day moving average price of $50.91.
Monro Muffler Brake (NASDAQ:MNRO) last announced its quarterly earnings results on Thursday, July 20th. The auto parts company reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.01. Monro Muffler Brake had a net margin of 5.84% and a return on equity of 10.90%. The firm had revenue of $278.50 million during the quarter, compared to analysts’ expectations of $270.85 million. During the same quarter in the prior year, the company earned $0.50 EPS. The company’s revenue was up 18.4% compared to the same quarter last year. On average, analysts expect that Monro Muffler Brake will post $2.13 earnings per share for the current fiscal year.
In other Monro Muffler Brake news, President Brett Ponton purchased 5,193 shares of the stock in a transaction dated Monday, August 7th. The stock was purchased at an average price of $47.93 per share, with a total value of $248,900.49. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Stephen C. Mccluski purchased 1,200 shares of the stock in a transaction dated Tuesday, July 25th. The stock was acquired at an average cost of $46.45 per share, with a total value of $55,740.00. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 6,893 shares of company stock valued at $328,155 and sold 244,064 shares valued at $11,438,709. 6.20% of the stock is currently owned by corporate insiders.
About Monro Muffler Brake
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.
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