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Meritor, Inc. (MTOR)

Stock Price: $23.45 USD 0.32 (1.38%)
Updated Jul 28, 2021 4:00 PM EDT - Market closed
Market Cap 1.69B
Revenue (ttm) 3.14B
Net Income (ttm) 60.00M
Shares Out 72.40M
EPS (ttm) 0.82
PE Ratio 28.53
Forward PE 5.58
Dividend n/a
Dividend Yield n/a
Trading Day July 28
Last Price $23.45
Previous Close $23.13
Change ($) 0.32
Change (%) 1.38%
Day's Open 23.33
Day's Range 22.97 - 23.61
Day's Volume 297,812
52-Week Range 19.51 - 33.56

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Meritor (MTOR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

11 hours ago - Zacks Investment Research

TROY, Mich., July 13, 2021 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) will host a conference call and webcast to discuss the company's third-quarter results for fiscal year 2021 on Wednesday, August 4, ...

2 weeks ago - PRNewsWire

TROY, Mich., June 21, 2021 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced that it has received PACCAR's 10 PPM Quality Award at six of its plants.

1 month ago - PRNewsWire

Meritor (MTOR) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

TROY, Mich., May 20, 2021 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced that it has appointed Elizabeth A.

2 months ago - PRNewsWire

Meritor (MTOR) projects adjusted earnings per share in the band of $2.25-$2.50 for fiscal 2021.

2 months ago - Zacks Investment Research

Commercial driveline supplier Meritor Inc. (NYSE: MTOR) reported higher sales and earnings for its fiscal second quarter despite a tough comparison with the year-ago period. The Troy, Michigan-based com...

2 months ago - FreightWaves

Meritor (MTOR) delivered earnings and revenue surprises of 4.62% and 3.51%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Shares of Meritor (NYSE:MTOR) were flat in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share were down 8.11% over the past year to $0.68, which beat the esti...

2 months ago - Benzinga

TROY, Mich., May 4, 2021 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today reported financial results for its second fiscal quarter that ended March 31, 2021.

2 months ago - PRNewsWire

TROY, Mich., May 4, 2021 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced it will be collaborating with Hexagon Purus, a global leader in zero emission e-mobility.

2 months ago - PRNewsWire

TROY, Mich., May 3, 2021 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced that Joe Mejaly has been appointed vice president of North America Aftermarket, effective May 3, 2021.

2 months ago - PRNewsWire

TROY, Mich., May 3, 2021 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced that Jim Keane has been appointed to vice president of Industrial, effective May 3, 2021.

2 months ago - PRNewsWire

TROY, Mich., April 30, 2021 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced the launch of its new tool on MeritorPartsXpress.com that makes it simple to identify the correct components for tr...

2 months ago - PRNewsWire

YORK, S.C., April 29, 2021 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced that its York, South Carolina manufacturing facility has produced its one millionth air disc brake, contributing to ...

2 months ago - PRNewsWire

TROY, Mich., April 15, 2021 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) will host a conference call and webcast to discuss the company's second-quarter results for fiscal year 2021 on Tuesday, May 4, at ...

3 months ago - PRNewsWire

Meritor (MTOR), along with Danfoss Editron and Electra Commercial Vehicles, to develop a revolutionary solution for heavy-duty vehicles with more battery space and extended range.

3 months ago - Zacks Investment Research

TROY, Mich., March 26, 2021 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced that it is the recipient of the Advanced Propulsion Centre's (APC) Core Competition Program in the UK to partially ...

4 months ago - PRNewsWire

TROY, Mich., March 17, 2021 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced it has begun supplying components to meet the recent order of M917A3 Heavy Dump Truck (HDT) units for the United St...

4 months ago - PRNewsWire

Meritor (MTOR) reported earnings 30 days ago. What's next for the stock?

4 months ago - Zacks Investment Research

Invest in high earnings yield stocks including CFG, SIG, RDS.A, WGO and MTOR to reap handsome rewards.

Other stocks mentioned: CFG, SIG, WGO
5 months ago - Zacks Investment Research

Meritor (MTOR) projects sales in the range of $3.65-$3.8 billion for fiscal 2021, up from the prior estimate of $3.1-$3.35 billion.

5 months ago - Zacks Investment Research

Meritor (MTOR) delivered earnings and revenue surprises of 1.69% and 9.08%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Shares of Meritor (NYSE:MTOR) were flat in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share fell 6.25% year over year to $0.60, which beat the estimate of $...

5 months ago - Benzinga

TROY, Mich., Feb. 3, 2021 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today reported financial results for its first fiscal quarter that ended Dec. 31, 2020. First-Quarter Highlights Sales of $889 millio...

5 months ago - PRNewsWire

TROY, Mich., Feb. 3, 2021 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced it has been awarded a three-year supply agreement with Lion Electric, a Canadian manufacturer of medium and heavy-dut...

5 months ago - PRNewsWire

TROY, Mich., Feb. 3, 2021 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced it has entered into a five-year supply agreement with Autocar, LLC Trucks, an American specialty truck manufacturer, ...

5 months ago - PRNewsWire

TROY, Mich., Feb. 3, 2021 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced it has entered into a three-year supply agreement with Volta Trucks, a London-based electric commercial vehicle start...

5 months ago - PRNewsWire

TROY, Mich., Feb. 3, 2021 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced that production of its 14Xe™ all-electric, fully integrated, commercial electric powertrain for medium- and heavy-dut...

5 months ago - PRNewsWire

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

6 months ago - Zacks Investment Research

Electric trucks from vans to semi-tractors are the subjects of the next Run on Less demonstration by the North American Council for Freight Efficiency (NACFE). The first two Run on Less exercises focuse...

Other stocks mentioned: DAN, PCAR, SNDR, WKHS
6 months ago - FreightWaves

Meritor (MTOR) reported earnings 30 days ago. What's next for the stock?

7 months ago - Zacks Investment Research

TROY, Mich., Nov. 19, 2020 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced it has been awarded a standard position agreement with Terex Advance Mixer to supply front- and rear-drive axles. Un...

8 months ago - PRNewsWire

TROY, Mich., Nov. 16, 2020 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced it intends, subject to market and other conditions, to offer $275 million aggregate principal amount of unsecured se...

8 months ago - PRNewsWire

Meritor (MTOR) anticipates sales in the range of $3.1-$3.35 billion for fiscal 2021.

8 months ago - Zacks Investment Research

Meritor, Inc. (MTOR) CEO Jay Craig on Q4 2020 Results - Earnings Call Transcript

8 months ago - Seeking Alpha

TROY, Mich., Nov. 12, 2020 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) and Daimler Trucks North America (DTNA) today announced that Meritor® EX+™ LS air disc brakes (ADB) will be standard on all-wheel po...

8 months ago - PRNewsWire

TROY, Mich., Nov. 12, 2020 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced reported financial results for its fourth quarter and full fiscal year ending Sept. 30, 2020. Fourth-Quarter Highlig...

8 months ago - PRNewsWire

Commercial truck driveline producer Meritor Inc. (NYSE: MTOR) is getting a new CEO. Executive Vice President and Chief Operating Officer Chris Villavarayan will succeed Jay Craig in February 2021.

8 months ago - FreightWaves

TROY, Mich., Nov. 5, 2020 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) (the "Company" or "Meritor") today announced that Jay Craig, chief executive officer and president, will transition to the role of ex...

8 months ago - PRNewsWire

TROY, Mich., Oct. 16, 2020 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced that it has issued a notice of redemption for all of its outstanding $23,285,000 aggregate accreted principal amount...

9 months ago - PRNewsWire

TROY, Mich., Oct. 15, 2020 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) will host a conference call and webcast to discuss the company's fourth-quarter and full-year results for fiscal year 2020 on Thursd...

9 months ago - PRNewsWire

TROY, Mich., Sept. 30, 2020 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced that it is notifying holders of its 7.875 percent Convertible Senior Notes, due 2026 (the "Notes"), that they are e...

9 months ago - PRNewsWire

Meritor (MTOR) reported earnings 30 days ago. What's next for the stock?

11 months ago - Zacks Investment Research

Meritor Keeps On Truckin' With Ford On Its Rear Bumper

11 months ago - Seeking Alpha

TROY, Mich., Aug. 13, 2020 /PRNewswire/ -- Meritor, Inc.

11 months ago - PRNewsWire

TROY, Mich., Aug. 12, 2020 /PRNewswire/ -- Meritor, Inc.

11 months ago - PRNewsWire

TROY, Mich., July 30, 2020 /PRNewswire/ -- Meritor, Inc.

11 months ago - PRNewsWire

Meritor (MTOR) projects sales of $700 million approximately in fourth-quarter fiscal 2020.

11 months ago - Zacks Investment Research

Meritor Inc. (NYSE: MTOR) reported coronavirus pandemic-impacted losses in its fiscal third quarter despite layoffs and pay cuts.

11 months ago - Benzinga

About MTOR

Meritor, Inc. designs, develops, manufactures, markets, distributes, sells, services, and supports integrated systems, modules, and components to original equipment manufacturers (OEMs) and the aftermarket for the commercial vehicle, transportation, and industrial sectors. It operates through two segments, Commercial Truck; and Aftermarket and Industrial. The Commercial Truck segment supplies drivetrain systems and components, including axles, drivelines, and braking and suspension systems primarily for medium-and heavy-duty trucks and other ap... [Read more...]

Industry
Auto Parts
IPO Date
Sep 15, 1997
CEO
Jeffrey Craig
Employees
8,600
Stock Exchange
NYSE
Ticker Symbol
MTOR
Full Company Profile

Financial Performance

In 2020, Meritor's revenue was $3.04 billion, a decrease of -30.63% compared to the previous year's $4.39 billion. Earnings were $245.00 million, a decrease of -15.81%.

Financial Statements

Analyst Forecasts

According to 5 analysts, the average rating for Meritor stock is "Hold." The 12-month stock price forecast is 31.60, which is an increase of 34.75% from the latest price.

Price Target
$31.60
(34.75% upside)
Analyst Consensus: Hold