$0.66 EPS Expected for Meritor, Inc. (MTOR)

April 21, 2018 - By Kurt Siggers

Meritor, Inc. (NYSE:MTOR) LogoInvestors sentiment decreased to 1.41 in 2017 Q4. Its down 0.37, from 1.78 in 2017Q3. It turned negative, as 30 investors sold Meritor, Inc. shares while 58 reduced holdings. 47 funds opened positions while 77 raised stakes. 80.86 million shares or 3.23% less from 83.56 million shares in 2017Q3 were reported.
Messner And Smith Theme Value Investment Management Limited Ca invested in 58,917 shares. Millennium Management has 1.53M shares for 0.05% of their portfolio. National Bank Of America Corporation De holds 72,436 shares. Gemmer Asset Management Limited Liability Corporation accumulated 875 shares. Ellington Ltd Liability Company holds 0.08% or 20,400 shares in its portfolio. Loring Wolcott Coolidge Fiduciary Llp Ma invested in 741 shares or 0% of the stock. Oberweis Asset Mngmt has invested 0.56% in Meritor, Inc. (NYSE:MTOR). Convergence Prtn Limited Liability Co holds 119,446 shares or 0.38% of its portfolio. First Tru Advsr Ltd Partnership holds 109,897 shares. Parallax Volatility Advisers Ltd Partnership reported 303,447 shares. Anchor Bolt Ltd Partnership has invested 0.16% in Meritor, Inc. (NYSE:MTOR). Robeco Institutional Asset Bv invested 0.03% in Meritor, Inc. (NYSE:MTOR). Parametric Portfolio Assocs Lc holds 0.01% in Meritor, Inc. (NYSE:MTOR) or 433,769 shares. Us National Bank De has 2,029 shares. Fmr Limited Liability Company reported 489,100 shares.

Since December 11, 2017, it had 0 insider purchases, and 7 insider sales for $8.51 million activity. The insider Nowlan Kevin sold $1.45 million. Craig Jeffrey A sold $1.46 million worth of Meritor, Inc. (NYSE:MTOR) on Friday, February 2. The insider Plomin Joseph A. sold $405,856.

Analysts expect Meritor, Inc. (NYSE:MTOR) to report $0.66 EPS on May, 3 before the open.They anticipate $0.31 EPS change or 88.57 % from last quarter’s $0.35 EPS. MTOR’s profit would be $58.85M giving it 8.18 P/E if the $0.66 EPS is correct. After having $0.62 EPS previously, Meritor, Inc.’s analysts see 6.45 % EPS growth. The stock decreased 0.18% or $0.04 during the last trading session, reaching $21.6. About 1.25 million shares traded. Meritor, Inc. (NYSE:MTOR) has risen 25.65% since April 21, 2017 and is uptrending. It has outperformed by 14.10% the S&P500.

Meritor, Inc. (NYSE:MTOR) Ratings Coverage

Among 8 analysts covering Arvinmeritor (NYSE:MTOR), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Arvinmeritor had 13 analyst reports since November 15, 2017 according to SRatingsIntel. The company was maintained on Thursday, February 1 by Buckingham Research. As per Wednesday, January 24, the company rating was upgraded by Longbow. RBC Capital Markets maintained Meritor, Inc. (NYSE:MTOR) on Tuesday, December 19 with “Buy” rating. On Monday, April 16 the stock rating was maintained by RBC Capital Markets with “Buy”. Barclays Capital maintained Meritor, Inc. (NYSE:MTOR) rating on Tuesday, April 17. Barclays Capital has “Equal-Weight” rating and $26 target. As per Wednesday, November 15, the company rating was maintained by RBC Capital Markets. The firm earned “Buy” rating on Thursday, January 4 by Stifel Nicolaus. KeyBanc Capital Markets maintained the shares of MTOR in report on Wednesday, November 15 with “Hold” rating. On Wednesday, January 31 the stock rating was maintained by Piper Jaffray with “Buy”. The firm has “Overweight” rating by PiperJaffray given on Friday, December 8.

Meritor, Inc. designs, develops, manufactures, markets, distributes, sells, services, and supports integrated systems, modules, and components to original equipment manufacturers and the aftermarket for the commercial vehicle, transportation, and industrial sectors. The company has market cap of $1.93 billion. It operates through two divisions, Commercial Truck & Industrial; and Aftermarket & Trailer. It has a 7.16 P/E ratio. The Commercial Truck & Industrial segment supplies drivetrain systems and components, including axles, drivelines, and braking and suspension systems primarily for medium-and heavy-duty trucks, off-highway, military, construction, bus and coach, fire and emergency, and other applications.

Meritor, Inc. (NYSE:MTOR) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.