EPS for Meritor, Inc. (MTOR) Expected At $0.66

April 21, 2018 - By Nellie Frank

Meritor, Inc. (NYSE:MTOR) LogoInvestors sentiment decreased to 1.41 in Q4 2017. Its down 0.37, from 1.78 in 2017Q3. It worsened, as 30 investors sold Meritor, Inc. shares while 58 reduced holdings. 47 funds opened positions while 77 raised stakes. 80.86 million shares or 3.23% less from 83.56 million shares in 2017Q3 were reported.
Utd Services Automobile Association stated it has 0.01% in Meritor, Inc. (NYSE:MTOR). Lpl Financial Lc holds 81,225 shares. Alliancebernstein Lp invested 0% in Meritor, Inc. (NYSE:MTOR). Moreover, Parametric Assoc Ltd Liability Corp has 0.01% invested in Meritor, Inc. (NYSE:MTOR). North Carolina-based Fincl Bank Of America Corporation De has invested 0% in Meritor, Inc. (NYSE:MTOR). Citigroup holds 0.03% or 1.45 million shares. Paloma Ptnrs Mngmt, a Connecticut-based fund reported 18,652 shares. Hanson Mcclain Inc has 0% invested in Meritor, Inc. (NYSE:MTOR). Cubist Systematic Strategies Ltd stated it has 0.08% of its portfolio in Meritor, Inc. (NYSE:MTOR). Kbc Nv holds 0.01% or 45,664 shares in its portfolio. Susquehanna Int Gp Inc Ltd Liability Partnership owns 83,776 shares for 0% of their portfolio. Moreover, Hennessy Advisors Incorporated has 1.02% invested in Meritor, Inc. (NYSE:MTOR) for 1.42M shares. Fifth Third Bankshares has invested 0% in Meritor, Inc. (NYSE:MTOR). Ngam Advisors L P reported 72,444 shares. Lazard Asset Mngmt Lc holds 22,951 shares or 0% of its portfolio.

Since December 11, 2017, it had 0 insider purchases, and 7 sales for $8.51 million activity. Craig Jeffrey A also sold $4.06 million worth of Meritor, Inc. (NYSE:MTOR) shares. Nowlan Kevin had sold 50,000 shares worth $1.45 million on Friday, February 2. $405,856 worth of Meritor, Inc. (NYSE:MTOR) was sold by Plomin Joseph A..

Analysts expect Meritor, Inc. (NYSE:MTOR) to report $0.66 EPS on May, 3 before the open.They anticipate $0.31 EPS change or 88.57 % from last quarter’s $0.35 EPS. MTOR’s profit would be $58.85M giving it 8.18 P/E if the $0.66 EPS is correct. After having $0.62 EPS previously, Meritor, Inc.’s analysts see 6.45 % EPS growth. The stock decreased 0.18% or $0.04 during the last trading session, reaching $21.6. About 1.25 million shares traded. Meritor, Inc. (NYSE:MTOR) has risen 25.65% since April 21, 2017 and is uptrending. It has outperformed by 14.10% the S&P500.

Meritor, Inc. (NYSE:MTOR) Ratings Coverage

Among 8 analysts covering Arvinmeritor (NYSE:MTOR), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Arvinmeritor had 13 analyst reports since November 15, 2017 according to SRatingsIntel. KeyBanc Capital Markets maintained the shares of MTOR in report on Wednesday, November 15 with “Hold” rating. Piper Jaffray maintained Meritor, Inc. (NYSE:MTOR) on Wednesday, January 31 with “Buy” rating. The stock of Meritor, Inc. (NYSE:MTOR) earned “Buy” rating by Stifel Nicolaus on Thursday, January 4. RBC Capital Markets maintained Meritor, Inc. (NYSE:MTOR) rating on Tuesday, December 19. RBC Capital Markets has “Buy” rating and $32.0 target. The firm earned “Buy” rating on Wednesday, January 24 by Longbow. RBC Capital Markets maintained it with “Buy” rating and $30.0 target in Wednesday, November 15 report. The rating was maintained by Stifel Nicolaus on Friday, February 9 with “Buy”. Barclays Capital maintained the stock with “Equal-Weight” rating in Tuesday, April 17 report. The company was upgraded on Friday, December 8 by PiperJaffray. Barclays Capital maintained it with “Equal-Weight” rating and $27 target in Thursday, February 1 report.

Meritor, Inc. designs, develops, manufactures, markets, distributes, sells, services, and supports integrated systems, modules, and components to original equipment manufacturers and the aftermarket for the commercial vehicle, transportation, and industrial sectors. The company has market cap of $1.93 billion. It operates through two divisions, Commercial Truck & Industrial; and Aftermarket & Trailer. It has a 7.16 P/E ratio. The Commercial Truck & Industrial segment supplies drivetrain systems and components, including axles, drivelines, and braking and suspension systems primarily for medium-and heavy-duty trucks, off-highway, military, construction, bus and coach, fire and emergency, and other applications.

Meritor, Inc. (NYSE:MTOR) Institutional Positions Chart

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