With 0.51 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.66 million shares. The 52-week range on MNRO shows that it touched its highest point at $33.98 and its lowest point at $18.29 during that stretch. It currently has a 1-year price target of $22.50. With its current market cap of 577.13 million, MNRO has annualized dividend of $1.12 while the current yield stands at 5.81%. Beta for the stock currently stands at 1.09.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MNRO was down-trending over the past week, with a drop of -1.83%, but this was down by -10.95% over a month. Three-month performance dropped to -34.59% while six-month performance fell -27.39%. The stock lost -40.89% in the past year, while it has lost -22.30% so far this year. A look at the trailing 12-month EPS for MNRO yields 0.59 with Next year EPS estimates of 0.80. For the next quarter, that number is 0.03. This implies an EPS growth rate of -54.94% for this year and 33.32% for next year. EPS is expected to decline by -15.47% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -13.48%.
Float and Shares Shorts:
At present, 29.95 million MNRO shares are outstanding with a float of 28.92 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MNRO since 2 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.44195 being high and $1.39986 being low. For MNRO, this leads to a yearly average estimate of $1.40958. Based on analyst estimates, the high estimate for the next quarter is $0.24 and the low estimate is $0.14. The average estimate for the next quarter is thus $0.18.
