For its fourth fiscal quarter (ending March 31), Monro Inc (NASDAQ: MNRO) has reported E.P.S. of $0.12 compared to $0.01 a year ago. For the latest four quarters through March 31, E.P.S. were $1.18 compared to $1.20 a year ago.
Recent Price Action
Monro Inc (NASDAQ: MNRO) stock closed at $22.89 on 5/23/24 after a major decline of -11.8%. Moreover, exceptionally high trading volume at 618% of normal accompanied the decline. The stock has declined -18.0% during the last week and has performed in line with the market over the last nine months.
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 rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Monro has a neutral Appreciation Score of 49 and a slightly negative Power Rating of 39, triggering the Low Neutral Value Trend Rating.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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