Wedbush Weighs in on Monro’s FY2025 Earnings (NASDAQ:MNRO)

Monro, Inc. (NASDAQ:MNROFree Report) – Equities researchers at Wedbush cut their FY2025 earnings estimates for Monro in a report issued on Thursday, January 30th. Wedbush analyst S. Basham now forecasts that the auto parts company will earn $0.64 per share for the year, down from their previous estimate of $0.85. Wedbush currently has a “Outperform” rating and a $31.00 target price on the stock. The consensus estimate for Monro’s current full-year earnings is $0.84 per share. Wedbush also issued estimates for Monro’s Q4 2025 earnings at $0.06 EPS, FY2026 earnings at $0.75 EPS and FY2027 earnings at $0.94 EPS.

Monro (NASDAQ:MNROGet Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The auto parts company reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.12). Monro had a net margin of 1.64% and a return on equity of 3.75%.

A number of other analysts also recently weighed in on MNRO. Wells Fargo & Company decreased their price objective on Monro from $26.00 to $24.00 and set an “equal weight” rating for the company in a report on Monday, January 27th. Stephens started coverage on shares of Monro in a research report on Tuesday, October 15th. They set an “equal weight” rating and a $31.00 price target on the stock.

Check Out Our Latest Report on MNRO

Monro Stock Performance

NASDAQ MNRO opened at $19.64 on Monday. The company has a market capitalization of $588.22 million, a price-to-earnings ratio of 30.69, a PEG ratio of 1.62 and a beta of 1.11. Monro has a twelve month low of $18.95 and a twelve month high of $33.98. The stock has a fifty day simple moving average of $24.46 and a 200 day simple moving average of $26.19. The company has a quick ratio of 0.21, a current ratio of 0.53 and a debt-to-equity ratio of 0.47.

Monro Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 17th. Stockholders of record on Tuesday, December 3rd were given a dividend of $0.28 per share. The ex-dividend date of this dividend was Tuesday, December 3rd. This represents a $1.12 dividend on an annualized basis and a dividend yield of 5.70%. Monro’s dividend payout ratio (DPR) is presently 175.00%.

Hedge Funds Weigh In On Monro

Institutional investors and hedge funds have recently made changes to their positions in the stock. Blueshift Asset Management LLC bought a new position in shares of Monro during the 3rd quarter worth about $830,000. Intech Investment Management LLC bought a new position in Monro during the 3rd quarter valued at $1,205,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in Monro during the 3rd quarter worth $515,000. Landscape Capital Management L.L.C. grew its stake in shares of Monro by 434.7% in the 3rd quarter. Landscape Capital Management L.L.C. now owns 104,550 shares of the auto parts company’s stock worth $3,017,000 after acquiring an additional 84,996 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of Monro by 2.5% in the 3rd quarter. Geode Capital Management LLC now owns 823,250 shares of the auto parts company’s stock worth $23,763,000 after acquiring an additional 20,420 shares in the last quarter.

Monro Company Profile

(Get Free Report)

Monro, Inc provides automotive undercar repair, and tire sales and services in the United States. It offers replacement tires and tire related services, automotive undercar repair services, and routine maintenance services primarily to passenger cars, light trucks, and vans. The company also provides other products and services for brakes; mufflers and exhaust systems; and steering, drive train, suspension, and wheel alignment.

Further Reading

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