Monro Inc (NASDAQ: MNRO) is -37.10% lower on its value in year-to-date trading and has touched a low of $12.19 and a high of $31.49 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MNRO stock was last observed hovering at around $15.33 in the last trading session, with the day’s gains setting it 0.27%.
Currently trading at $15.60, the stock is 14.76% and 8.54% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.92 million and changing 1.76% at the moment leaves the stock -28.84% off its SMA200. MNRO registered -30.73% loss for a year compared to 6-month loss of -43.74%. The firm has a 50-day simple moving average (SMA 50) of $14.401 and a 200-day simple moving average (SMA200) of $21.9768.
The stock witnessed a 10.33% gain in the last 1 month and extending the period to 3 months gives it a -10.70%, and is 23.22% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 15.05% over the week and 7.38% over the month.
Monro Inc (MNRO) has around 7360 employees, a market worth around $467.52M and $1.20B in sales. Fwd P/E is 17.48. Profit margin for the company is -0.55%. Distance from 52-week low is 27.92% and -50.46% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.61%).
The EPS is expected to grow by 51.25% this year.
Monro Inc (MNRO) Top Institutional Holders
260.0 institutions hold shares in Monro Inc (MNRO), with institutional investors hold 117.54% of the company’s shares. The shares outstanding are 29.96M, and float is at 28.94M with Short Float at 15.25%. Institutions hold 115.83% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 4.7 million shares valued at $112.1 million. The investor’s holdings represent 15.7041% of the MNRO Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 3.61 million shares valued at $86.21 million to account for 12.0783 of the shares outstanding. The other top investors are T. ROWE PRICE INVESTMENT MANAGEMENT, INC. which holds 2.65 million shares representing 8.8693% and valued at over $63.31 million, while STATE STREET CORP holds 4.4582 of the shares totaling 1.33 million with a market value of $31.82 million.
Monro Inc (MNRO) Insider Activity
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