Monro Inc (NASDAQ: MNRO) has benefited from significant positive changes in fundamentals: the consensus estimate for March, 2025 increased significantly, the consensus estimate for March, 2024 increased significantly, and significant quarterly earnings acceleration occurred.
Monro Inc (NASDAQ: MNRO) has benefited from notable positive changes in investment behavior: positive upside/downside volume developed.
In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.
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 D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Monro has a slightly negative Appreciation Score of 40 and a poor Power Rating of 27, triggering the Negative Value Trend Rating.
Recent Price Action
On 8/27/24, Monro Inc (NASDAQ: MNRO) stock declined slightly by -0.3%, closing at $27.01. However, unusually low trading volume at 53% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months but is unchanged during the last week.
Be the first to comment