Stock To Watch: Meritor, Inc. (NYSE:MTOR)


The leading market experts have placed a mean price target of $8.570 on Meritor, Inc. (NYSE:MTOR) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.390 a share for the upcoming quarter and $1.560 for the current fiscal. Technical View The technical analysis of Meritor, Inc. Common Stock plainly substantiates that the 50-day moving average of Meritor, Inc. Common Stock is $8.062, and stock is hovering -0.367 or -4.549% distant from $8.062. It is noted that the 200-day MA is $7.749, and Meritor, Inc. Common Stock stock is $-0.054 or -0.697% off from this point. Meritor, Inc. (NYSE:MTOR) 52-week high is $14.420 and the 52-week low is $5.690. This explains if the stock moves $-6.725, it will post a 52-week high. In event of $+35.237% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Meritor, Inc. Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Meritor, Inc. (NYSE:MTOR) ratio came in at 14.913. The stock last ended the trading session at $7.695 and registered a market cap of $703.88M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Meritor, Inc. (NYSE:MTOR) PEG ratio is at -3.280.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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