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


The leading market experts have placed a mean price target of $9.40 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 $0.32 a share for the upcoming quarter and $1.60 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 $9.62, and stock is trading $1.49 points away or +15.47% from its 50-day moving average of $9.62. Further it is trading $2.70 or +32.07% away its 200-day moving average of $8.41. Meritor, Inc. (NYSE:MTOR) 52-week high is $13.27 and the 52-week low is $5.69.

This explains if the stock moves $-2.16, it will post a 52-week high. In event of +95.25% 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 13.48.

The stock last ended the trading session at $11.11 and registered a market cap of $963.94M. 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 -2.27.

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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