Monro Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Monro stock has a target of 35, which predicts an increase of 49.89% from the current stock price of 23.35.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$35	$35	$35	$35
Change	+49.89%	+49.89%	+49.89%	+49.89%

* Price targets were last updated on Sep 7, 2023.

Analyst Ratings

According to 1 stock analyst, the rating for Monro is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jan '24	Feb '24	Mar '24	Apr '24	May '24	Jun '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Lantz Wells Fargo	Wells Fargo	Hold Initiates $35	Hold	Initiates	$35	+49.89%	Sep 7, 2023
Jonathan Lamers BMO Capital	BMO Capital	Hold Maintains $65 → $47	Hold	Maintains	$65 → $47	+101.28%	May 20, 2022
Ali Faghri Guggenheim	Guggenheim	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	May 29, 2020
Jonathan Lamers BMO Capital	BMO Capital	Hold Maintains n/a	Hold	Maintains	n/a	n/a	Apr 6, 2020
Garrett Nelson CFRA	CFRA	Hold Maintains n/a	Hold	Maintains	n/a	n/a	Jan 30, 2020

More Analyst Ratings

Financial Forecast

Revenue This Year

1.25B

from 1.28B

-2.49%

from 1.28B

Revenue Next Year

1.29B

from 1.25B

3.21%

from 1.25B

EPS This Year

0.78

from 1.18

-33.61%

from 1.18

EPS Next Year

1.06

from 0.78

35.60%

from 0.78

Year	2019	2020	2021	2022	2023	2024	2025
Revenue	1.26B	1.13B	1.36B	1.33B	1.28B	1.25B	1.29B
Revenue Growth	4.69%	-10.41%	20.75%	-2.50%	-3.67%	-2.49%	3.21%
EPS	1.71	1.01	1.81	1.20	1.18	0.78	1.06
EPS Growth	-27.85%	-40.94%	79.21%	-33.70%	-1.67%	-33.61%	35.60%
Forward PE	-	-	-	-	-	29.81	21.98
No. Analysts	-	-	-	-	-	7	7

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	1.3B	1.4B
Avg	1.2B	1.3B
Low	1.2B	1.2B

Revenue Growth

Revenue Growth	2024	2025
High	2.2%	9.6%
Avg	-2.5%	3.2%
Low	-9.3%	-5.5%

EPS Forecast

EPS	2024	2025
High	1.05	1.42
Avg	0.78	1.06
Low	0.60	0.88

EPS Growth

EPS Growth	2024	2025
High	-11.0%	81.0%
Avg	-33.6%	35.6%
Low	-49.3%	12.6%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.