Monro Inc (MNRO) Analysts See $0.55 EPS

September 23, 2017 - By Marry Poplack

 Monro Inc (MNRO) Analysts See $0.55 EPS
Investors sentiment decreased to 1.22 in Q2 2017. Its down 0.23, from 1.45 in 2017Q1. It dived, as 31 investors sold Monro Inc shares while 47 reduced holdings. 31 funds opened positions while 64 raised stakes. 33.30 million shares or 2.32% less from 34.09 million shares in 2017Q1 were reported.
Vantage Inv Advsr Ltd, Pennsylvania-based fund reported 2,146 shares. Gabelli Funds Ltd Liability Corporation holds 22,000 shares. 1St Glob Inc invested in 0.02% or 5,206 shares. Forte Cap Ltd Liability Adv reported 0.65% in Monro Inc (NASDAQ:MNRO). Profund Advsrs Limited Liability Company holds 0.01% in Monro Inc (NASDAQ:MNRO) or 5,504 shares. Peak6 Invs Limited Partnership invested in 0% or 3,926 shares. 1.69 million are owned by Price T Rowe Associates Inc Md. Riverhead Mgmt Ltd Llc invested in 7,830 shares. Tiaa Cref Invest Mgmt Limited Liability stated it has 0% in Monro Inc (NASDAQ:MNRO). Magnetar Financial Ltd Llc holds 27,764 shares. Moreover, Pinebridge Investments L P has 0.02% invested in Monro Inc (NASDAQ:MNRO) for 19,678 shares. Harvey Inv Lc accumulated 5,285 shares or 0.04% of the stock. Capstone Asset Management invested in 6,964 shares. State Of Alaska Department Of Revenue owns 6,451 shares. Rhumbline Advisers stated it has 71,911 shares.

Analysts await Monro Inc (NASDAQ:MNRO) to report earnings on October, 19. They expect $0.55 earnings per share, up 3.77 % or $0.02 from last year’s $0.53 per share. MNRO’s profit will be $17.97M for 23.80 P/E if the $0.55 EPS becomes a reality. After $0.55 actual earnings per share reported by Monro Inc for the previous quarter, Wall Street now forecasts 0.00 % EPS growth. The stock increased 2.95% or $1.5 on September 22, reaching $52.35. About 223,597 shares traded. Monro Inc (NASDAQ:MNRO) has declined 18.88% since September 24, 2016 and is downtrending. It has underperformed by 35.58% the S&P500.

Monro Inc (NASDAQ:MNRO) Ratings Coverage

Among 12 analysts covering Monro Muffler Brake (NASDAQ:MNRO), 5 have Buy rating, 0 Sell and 7 Hold. Therefore 42% are positive. Monro Muffler Brake had 23 analyst reports since August 5, 2015 according to SRatingsIntel. Evercore upgraded Monro Inc (NASDAQ:MNRO) rating on Wednesday, August 5. Evercore has “Hold” rating and $71 target. Susquehanna downgraded the stock to “Neutral” rating in Tuesday, June 20 report. The stock of Monro Inc (NASDAQ:MNRO) earned “Hold” rating by Gabelli on Tuesday, December 8. As per Thursday, July 20, the company rating was maintained by Oppenheimer. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, October 23 report. The stock has “Buy” rating by Jefferies on Wednesday, July 19. The rating was maintained by Jefferies with “Buy” on Monday, September 11. The stock of Monro Inc (NASDAQ:MNRO) earned “Positive” rating by Susquehanna on Friday, August 26. The firm has “Neutral” rating by Goldman Sachs given on Thursday, December 17. The firm has “Outperform” rating by Oppenheimer given on Tuesday, March 29.

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 has market cap of $1.71 billion. The Firm 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. It has a 28.13 P/E ratio. It also offers tires and routine maintenance services, which include state inspections.

More news for Monro Inc (NASDAQ:MNRO) were recently published by: Globenewswire.com, which released: “Monro, Inc. Declares Quarterly Cash Dividend” on August 21, 2017. Prnewswire.com‘s article titled: “Initiating Research Reports on Auto Parts Equities — Workhorse, Monro …” and published on September 22, 2017 is yet another important article.

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