Meritor, Inc. (NYSE:MTOR) is scheduled to issue its quarterly earnings data before the market opens on Tuesday, November 14th. Analysts expect the company to announce earnings of $0.41 per share for the quarter.
Shares of Meritor, Inc. (NYSE:MTOR) opened at $25.89 on Monday. The company has a debt-to-equity ratio of -19.50, a current ratio of 1.12 and a quick ratio of 0.76. Meritor, Inc. has a 1 year low of $11.30 and a 1 year high of $27.96. The company has a market cap of $2,292.97, a P/E ratio of 16.39 and a beta of 2.34.
A number of brokerages have recently weighed in on MTOR. Zacks Investment Research upgraded shares of Meritor from a “hold” rating to a “buy” rating and set a $20.00 price objective for the company in a research note on Tuesday, July 25th. Stifel Nicolaus restated a “buy” rating and issued a $26.00 price objective (up from $25.00) on shares of Meritor in a research note on Tuesday, September 12th. Barclays PLC restated an “equal weight” rating and issued a $21.00 price objective (up from $17.00) on shares of Meritor in a research note on Tuesday, September 12th. Longbow Research restated a “buy” rating and issued a $28.00 price objective (up from $22.00) on shares of Meritor in a research note on Tuesday, September 19th. Finally, UBS AG restated a “neutral” rating and issued a $19.00 price objective (up from $18.00) on shares of Meritor in a research note on Thursday, August 3rd. Five equities research analysts have rated the stock with a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $25.05.
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Meritor Company Profile
Meritor, Inc is a supplier of a range of integrated systems, modules and components to original equipment manufacturers (OEMs) and the aftermarket for the commercial vehicle, transportation and industrial sectors. The Company’s segments include Commercial Truck & Industrial and Aftermarket & Trailer.
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