Monro Inc (NASDAQ: MNRO) has reported E.P.S. of $0.19 for its first fiscal quarter (ending June 30) versus $0.28 for the same period a year ago. E.P.S. were $1.09 for the latest four quarters through June 30 versus $1.10 for the same period a year ago.
Recent Price Action
On 7/31/24, Monro Inc (NASDAQ: MNRO) stock enjoyed a major increase of 18.3%, closing at $30.82. Moreover, trading volume in this advance was unusually high at 186% of normal. Relative to the market the stock has been weak over the last nine months but has risen 25.4% 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 F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Monro has a slightly negative Appreciation Score of 34 and a very low Power Rating of 7, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
Be the first to comment