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Meritor, Inc. (MTOR)

Stock Price: $28.43 USD -0.53 (-1.83%)
Updated Apr 16, 2021 4:00 PM EDT - Market closed
Market Cap 2.06B
Revenue (ttm) 3.03B
Net Income (ttm) 238.00M
Shares Out 72.20M
EPS (ttm) 3.24
PE Ratio 8.78
Forward PE 13.23
Dividend n/a
Dividend Yield n/a
Trading Day April 16
Last Price $28.43
Previous Close $28.96
Change ($) -0.53
Change (%) -1.83%
Day's Open 29.29
Day's Range 28.40 - 29.60
Day's Volume 395,548
52-Week Range 14.61 - 33.56

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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 ...

2 days 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.

2 weeks 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 ...

3 weeks 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...

1 month ago - PRNewsWire

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

1 month 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
1 month 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.

2 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?

2 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 $...

2 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...

2 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...

2 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, ...

2 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...

2 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...

2 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...

2 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
3 months ago - FreightWaves

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

4 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...

4 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...

5 months ago - PRNewsWire

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

5 months ago - Zacks Investment Research

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

5 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...

5 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...

5 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.

5 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...

5 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...

6 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...

6 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...

6 months ago - PRNewsWire

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

7 months ago - Zacks Investment Research

Meritor Keeps On Truckin' With Ford On Its Rear Bumper

8 months ago - Seeking Alpha

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

8 months ago - PRNewsWire

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

8 months ago - PRNewsWire

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

8 months ago - PRNewsWire

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

8 months ago - Zacks Investment Research

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

8 months ago - Benzinga

Meritor's (MTOR) CEO Jay Craig on Q3 2020 Results - Earnings Call Transcript

8 months ago - Seeking Alpha

Meritor (MTOR) delivered earnings and revenue surprises of 31.88% and 12.70%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

Shares of Meritor (NYSE:MTOR) were flat in pre-market trading after the company reported Q3 results.

8 months ago - Benzinga

Bear of the Day: Meritor (MTOR)

8 months ago - Zacks Investment Research

TROY, Mich., July 27, 2020 /PRNewswire/ -- Meritor, Inc.

8 months ago - PRNewsWire

While lower orders amid sluggish freight volumes might have hurt Meritor's (MTOR) performance in Q3, solid cost-containment efforts are anticipated to have offered some respite.

8 months ago - Zacks Investment Research

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.

8 months ago - Zacks Investment Research

TROY, Mich., July 13, 2020 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) will host a conference call and webcast to discuss the company's third-quarter results for fiscal year 2020 on Wednesday, July 29 at...

9 months ago - PRNewsWire

Meritor (MTOR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

9 months ago - Zacks Investment Research

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...

9 months ago - Zacks Investment Research

Here is a common-sense principle to help you decide which stocks to buy and which to sell.

Other stocks mentioned: ADNT, DOOO, MGDDY, MOD, PUGOY, SHYF, STRT ...
9 months ago - Zacks Investment Research

There are a number of stocks across industries, which continued to plummet even when the market received temporary kicks.

Other stocks mentioned: COTY, DY, FSCT, MAR, MBUU
9 months ago - Zacks Investment Research

Commercial vehicle drivetrain supplier Meritor Inc (NYSE: MTOR) will cut 230 salaried positions globally by the end of the year and continue to pay lower salaries as it copes with the impact of the COVI...

10 months ago - Benzinga

Meritor (MTOR) expects revenues of $400-$500 million and cash flow from operations in the band of negative $150-negative $225 million in Q3.

10 months ago - Zacks Investment Research

TROY, Mich., June 3, 2020 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced actions designed to enhance the financial position of the company in light of current market conditions resulting fro...

10 months ago - PRNewsWire

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 33.00, which is an increase of 16.07% from the latest price.

Price Target
$33.00
(16.07% upside)
Analyst Consensus: Hold