Stock Rating Upgrade
In the last week the Value Trend Rating for Monro Inc (NASDAQ: MNRO) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Monro Inc (NASDAQ: MNRO) stock rose modestly by 0.6% on 5/20/24. The stock closed at $26.80. Trading volume in this advance was normal. The stock has performed in line with the market over the last nine months and has risen 1.0% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, MNRO is expected to continue to be a modest Value Builder.
Monro has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Monro has a neutral Appreciation Score of 49 and a slightly negative Power Rating of 39, with the Low Neutral Value Trend Rating the result.
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