Shares of Monro Muffler Brake Inc. (NASDAQ:MNRO) have been assigned an average recommendation of “Hold” from the nine analysts that are covering the firm. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $74.00.

MNRO has been the subject of several recent analyst reports. Jefferies Group reiterated a “buy” rating and issued a $72.00 target price on shares of Monro Muffler Brake in a research note on Friday, July 29th. Gabelli initiated coverage on shares of Monro Muffler Brake in a research note on Thursday, August 25th. They issued a “hold” rating for the company. Susquehanna initiated coverage on shares of Monro Muffler Brake in a research note on Thursday, August 25th. They issued a “positive” rating and a $66.00 target price for the company. Zacks Investment Research lowered shares of Monro Muffler Brake from a “hold” rating to a “sell” rating in a research note on Thursday, September 29th. Finally, Northcoast Research upgraded shares of Monro Muffler Brake from a “sell” rating to a “neutral” rating in a research report on Thursday, October 27th.

Monro Muffler Brake (NASDAQ:MNRO) traded down 1.01% during trading on Wednesday, reaching $59.00. 115,195 shares of the company’s stock traded hands. Monro Muffler Brake has a 52-week low of $52.05 and a 52-week high of $77.00. The company’s 50 day moving average is $57.36 and its 200-day moving average is $60.67. The stock has a market cap of $1.91 billion, a price-to-earnings ratio of 31.10 and a beta of 0.83.

Monro Muffler Brake (NASDAQ:MNRO) last posted its earnings results on Thursday, October 20th. The company reported $0.53 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.56 by $0.03. Monro Muffler Brake had a return on equity of 11.98% and a net margin of 6.65%. The firm earned $248.60 million during the quarter, compared to the consensus estimate of $249.32 million. During the same quarter in the previous year, the company earned $0.57 EPS. The business’s revenue was up 3.9% compared to the same quarter last year. On average, analysts anticipate that Monro Muffler Brake will post $2.08 earnings per share for the current fiscal year.

In other Monro Muffler Brake news, insider John C. Lamb sold 650 shares of the company’s stock in a transaction dated Thursday, August 25th. The shares were sold at an average price of $56.22, for a total transaction of $36,543.00. Following the sale, the insider now directly owns 500 shares of the company’s stock, valued at $28,110. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Peter J. Solomon sold 55,000 shares of the company’s stock in a transaction dated Monday, November 14th. The shares were sold at an average price of $57.20, for a total transaction of $3,146,000.00. The disclosure for this sale can be found here. Company insiders own 7.70% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in MNRO. D.A. Davidson & CO. increased its stake in Monro Muffler Brake by 5.4% in the third quarter. D.A. Davidson & CO. now owns 1,790 shares of the company’s stock valued at $109,000 after buying an additional 92 shares during the period. Victory Capital Management Inc. increased its stake in Monro Muffler Brake by 28.8% in the third quarter. Victory Capital Management Inc. now owns 1,985 shares of the company’s stock valued at $121,000 after buying an additional 444 shares during the period. Tower Research Capital LLC TRC increased its stake in Monro Muffler Brake by 1,026.0% in the second quarter. Tower Research Capital LLC TRC now owns 2,252 shares of the company’s stock valued at $143,000 after buying an additional 2,052 shares during the period. Sei Investments Co. increased its stake in Monro Muffler Brake by 518.5% in the second quarter. Sei Investments Co. now owns 2,468 shares of the company’s stock valued at $158,000 after buying an additional 2,069 shares during the period. Finally, Fifth Third Bancorp acquired a new stake in Monro Muffler Brake during the second quarter valued at approximately $165,000.

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Monro Muffler Brake Company Profile

Monro Muffler Brake, Inc is engaged in the provision of automotive undercar repair and tire services in the United States. The Company provides a range of services on passenger cars, light trucks and vans for brakes; mufflers and exhaust systems, and steering, drive train, suspension and wheel alignment.

5 Day Chart for NASDAQ:MNRO

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