New Lifetime High Reached: Monro Muffler Brake (MNRO)
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.
Trade-Ideas LLC identified
(
) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Monro Muffler Brake as such a stock due to the following factors:
- MNRO has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $11.9 million.
- MNRO has traded 6,284 shares today.
- MNRO is trading at a new lifetime high.
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More details on MNRO:
Monro Muffler Brake, Inc. provides automotive undercar repair and tire services in the United States. The company offers 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. The stock currently has a dividend yield of 0.8%. MNRO has a PE ratio of 34.1. Currently there are 3 analysts that rate Monro Muffler Brake a buy, no analysts rate it a sell, and 3 rate it a hold.
The average volume for Monro Muffler Brake has been 220,400 shares per day over the past 30 days. Monro Muffler Brake has a market cap of $2.0 billion and is part of the consumer goods sector and automotive industry. The stock has a beta of 1.05 and a short float of 17.6% with 26.03 days to cover. Shares are up 10.3% year-to-date as of the close of trading on Monday.
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Analysis:
rates Monro Muffler Brake as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, growth in earnings per share, expanding profit margins and increase in stock price during the past year. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.
Highlights from the ratings report include:
- Despite its growing revenue, the company underperformed as compared with the industry average of 13.3%. Since the same quarter one year prior, revenues slightly increased by 9.2%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
- Net operating cash flow has increased to $33.94 million or 20.72% when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of 7.87%.
- MONRO MUFFLER BRAKE INC's earnings per share improvement from the most recent quarter was slightly positive. The company has demonstrated a pattern of positive earnings per share growth over the past year. We feel that this trend should continue. During the past fiscal year, MONRO MUFFLER BRAKE INC increased its bottom line by earning $1.67 versus $1.32 in the prior year. This year, the market expects an improvement in earnings ($1.89 versus $1.67).
- 41.98% is the gross profit margin for MONRO MUFFLER BRAKE INC which we consider to be strong. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of 6.75% trails the industry average.
- The stock has risen over the past year as investors have generally rewarded the company for its earnings growth and other positive factors like the ones we have cited in this report. Looking ahead, the stock's rise over the last year has already helped drive it to a level which is relatively expensive compared to the rest of its industry. We feel, however, that the other strengths this company displays justify these higher price levels.
- You can view the full Monro Muffler Brake Ratings Report.
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