Meritor (MTOR) Earns News Impact Score of 0.05

News coverage about Meritor (NYSE:MTOR) has trended somewhat positive recently, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Meritor earned a coverage optimism score of 0.05 on Accern’s scale. Accern also gave press coverage about the auto parts company an impact score of 46.7723191332021 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

These are some of the media headlines that may have effected Accern Sentiment’s analysis:

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Shares of MTOR stock opened at $21.63 on Thursday. The company has a current ratio of 1.17, a quick ratio of 0.69 and a debt-to-equity ratio of 2.86. Meritor has a 1 year low of $14.97 and a 1 year high of $29.54. The firm has a market cap of $1,870.20, a price-to-earnings ratio of 11.51 and a beta of 2.57.

Meritor (NYSE:MTOR) last issued its earnings results on Wednesday, January 31st. The auto parts company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.16. Meritor had a net margin of 7.69% and a return on equity of 208.74%. The business had revenue of $903.00 million for the quarter, compared to analysts’ expectations of $836.28 million. During the same quarter in the previous year, the firm posted $0.25 EPS. The business’s revenue for the quarter was up 29.2% compared to the same quarter last year. sell-side analysts expect that Meritor will post 2.71 EPS for the current fiscal year.

MTOR has been the topic of a number of research reports. Longbow Research raised shares of Meritor from a “neutral” rating to a “buy” rating in a report on Wednesday, January 24th. ValuEngine cut shares of Meritor from a “strong-buy” rating to a “buy” rating in a report on Monday, April 2nd. Piper Jaffray set a $35.00 price target on shares of Meritor and gave the stock a “buy” rating in a report on Tuesday, March 13th. Stifel Nicolaus set a $32.00 price target on shares of Meritor and gave the stock a “buy” rating in a report on Friday, February 9th. Finally, Buckingham Research lifted their price target on shares of Meritor from $30.00 to $33.00 and gave the stock a “buy” rating in a report on Thursday, February 1st. Five investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $28.86.

In other Meritor news, CEO Jeffrey A. Craig sold 50,000 shares of the business’s stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $29.12, for a total transaction of $1,456,000.00. Following the sale, the chief executive officer now owns 427,310 shares of the company’s stock, valued at approximately $12,443,267.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Joseph A. Plomin sold 15,826 shares of the business’s stock in a transaction on Monday, February 26th. The shares were sold at an average price of $25.64, for a total transaction of $405,778.64. The disclosure for this sale can be found here. Insiders have sold a total of 238,826 shares of company stock worth $6,439,309 in the last three months. Insiders own 2.32% of the company’s stock.

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Meritor Company Profile

Meritor, Inc designs, develops, manufactures, markets, distributes, sells, services, and supports integrated systems, modules, and components to original equipment manufacturers (OEMs) and the aftermarket for the commercial vehicle, transportation, and industrial sectors. It operates through two segments, Commercial Truck & Industrial; and Aftermarket & Trailer.

Insider Buying and Selling by Quarter for Meritor (NYSE:MTOR)

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