Monro Muffler Brake Stock Price on January 24, 2024
| MNRO Stock | USD 27.25 0.69 2.47% |
Below is the normalized historical share price chart for Monro Muffler Brake extending back to July 30, 1991. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Monro Muffler stands at 27.25, as last reported on the 1st of May, with the highest price reaching 27.80 and the lowest price hitting 27.11 during the day.
If you're considering investing in Monro Stock, it is important to understand the factors that can impact its price. Monro Muffler Brake has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12% return per unit of risk over the last 3 months. Monro Muffler exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Monro Muffler's Risk Adjusted Performance of (0.04), standard deviation of 1.94, and Mean Deviation of 1.48 to check out the risk estimate we provide.
At this time, Monro Muffler's Total Stockholder Equity is very stable compared to the past year. As of the 1st of May 2024, Liabilities And Stockholders Equity is likely to grow to about 2.1 B, while Common Stock Shares Outstanding is likely to drop about 35.1 M. . At this time, Monro Muffler's Price Earnings To Growth Ratio is very stable compared to the past year. As of the 1st of May 2024, Price To Free Cash Flows Ratio is likely to grow to 22.46, while Price To Sales Ratio is likely to drop 1.00. Monro Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 29th of July 1991 | 200 Day MA 30.6732 | 50 Day MA 30.758 | Beta 1.121 |
Monro |
Sharpe Ratio = -0.119
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| Negative Returns | MNRO |
Estimated Market Risk
| 2.0 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Monro Muffler is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Monro Muffler by adding Monro Muffler to a well-diversified portfolio.
Price Book 1.378 | Enterprise Value Ebitda 10.6847 | Price Sales 0.7115 | Shares Float 29.5 M | Dividend Share 1.12 |
Monro Muffler Main Headline on 24th of January 2024
Monro delivered earnings and revenue surprises of -2.50 percent and 2.11, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock
Monro Muffler Valuation on January 24, 2024
It is possible to determine the worth of Monro Muffler on a given historical date. On January 24, 2024 Monro was worth 29.27 at the beginning of the trading date compared to the closed value of 30.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Monro Muffler stock. Still, in general, we apply an absolute valuation method to find Monro Muffler's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Monro Muffler where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Monro Muffler's related companies.
| Open | High | Low | Close | Volume | |
| 30.77 | 31.48 | 29.44 | 29.44 | 523,895 | |
01/24/2024 | 29.27 | 32.33 | 28.69 | 30.39 | 689,712 |
| 31.16 | 31.56 | 30.30 | 30.99 | 428,302 |
| Backtest Monro Muffler | | | Monro Muffler History | | | Monro Muffler Valuation | Previous | Next |
Monro Muffler Trading Date Momentum on January 24, 2024
| On January 25 2024 Monro Muffler Brake was traded for 30.99 at the closing time. The top price for the day was 31.56 and the lowest listed price was 30.30 . The trading volume for the day was 428.3 K. The trading history from January 25, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 1.97% . The trading delta at closing time against the current closing price is 5.33% . |
Monro Muffler Brake Fundamentals Correlations and Trends
By evaluating Monro Muffler's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Monro Muffler's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Monro financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Monro Muffler Stock history
Monro Muffler investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Monro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Monro Muffler Brake will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Monro Muffler stock prices may prove useful in developing a viable investing in Monro Muffler
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 37.6 M | 35.1 M | |
| Net Income Applicable To Common Shares | 44.9 M | 42.5 M |
Monro Muffler Stock Technical Analysis
Monro Muffler technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Monro Muffler Period Price Range
Low | January 24, 2024
| High |
29.27 | 30.39 |
Monro Muffler May 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Monro Muffler stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Monro Muffler shares will generate the highest return on investment. By undertsting and applying Monro Muffler stock market strength indicators, traders can identify Monro Muffler Brake entry and exit signals to maximize returns
| Accumulation Distribution | 77653.93 | |||
| Daily Balance Of Power | 0.3077 | |||
| Rate Of Daily Change | 1.04 | |||
| Day Median Price | 30.51 | |||
| Day Typical Price | 30.47 | |||
| Price Action Indicator | 0.44 | |||
| Period Momentum Indicator | (3.14) | |||
| Relative Strength Index | 42.41 |
Monro Muffler Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Monro Muffler's price direction in advance. Along with the technical and fundamental analysis of Monro Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Monro to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | 1.87 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monro Muffler Brake. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Monro Stock analysis
When running Monro Muffler's price analysis, check to measure Monro Muffler's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Monro Muffler is operating at the current time. Most of Monro Muffler's value examination focuses on studying past and present price action to predict the probability of Monro Muffler's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Monro Muffler's price. Additionally, you may evaluate how the addition of Monro Muffler to your portfolios can decrease your overall portfolio volatility.
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Is Monro Muffler's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Monro Muffler. If investors know Monro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Monro Muffler listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.07) | Dividend Share 1.12 | Earnings Share 1.08 | Revenue Per Share 40.814 | Quarterly Revenue Growth (0.05) |
The market value of Monro Muffler Brake is measured differently than its book value, which is the value of Monro that is recorded on the company's balance sheet. Investors also form their own opinion of Monro Muffler's value that differs from its market value or its book value, called intrinsic value, which is Monro Muffler's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Monro Muffler's market value can be influenced by many factors that don't directly affect Monro Muffler's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Monro Muffler's value and its price as these two are different measures arrived at by different means. Investors typically determine if Monro Muffler is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Monro Muffler's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.