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Meritor, Inc. (MTOR)

Stock Price: $26.34 USD -0.65 (-2.41%)
Updated Jan 15, 2021 4:00 PM EST - Market closed
Market Cap 1.90B
Revenue (ttm) 3.04B
Net Income (ttm) 245.00M
Shares Out 74.00M
EPS (ttm) 3.24
PE Ratio 8.12
Forward PE 14.31
Dividend n/a
Dividend Yield n/a
Trading Day January 15
Last Price $26.34
Previous Close $26.99
Change ($) -0.65
Change (%) -2.41%
Day's Open 26.46
Day's Range 25.97 - 26.71
Day's Volume 333,437
52-Week Range 12.11 - 28.72

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FreightWaves - 2 days ago

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 exerci...

Other stocks mentioned: DAN, PCAR, SNDR, WKHS
Zacks Investment Research - 1 month ago

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

PRNewsWire - 1 month ago

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...

PRNewsWire - 1 month ago

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 un...

Zacks Investment Research - 2 months ago

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

Seeking Alpha - 2 months ago

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

PRNewsWire - 2 months ago

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 al...

PRNewsWire - 2 months ago

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-Quart...

FreightWaves - 2 months ago

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 2...

PRNewsWire - 2 months ago

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 ...

PRNewsWire - 2 months ago

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 princi...

PRNewsWire - 3 months ago

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...

PRNewsWire - 3 months ago

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 ...

Zacks Investment Research - 4 months ago

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

Seeking Alpha - 4 months ago

Meritor Keeps On Truckin' With Ford On Its Rear Bumper

PRNewsWire - 5 months ago

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

PRNewsWire - 5 months ago

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

PRNewsWire - 5 months ago

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

Zacks Investment Research - 5 months ago

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

Benzinga - 5 months ago

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

Seeking Alpha - 5 months ago

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

Zacks Investment Research - 5 months ago

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?

Benzinga - 5 months ago

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

Zacks Investment Research - 5 months ago

Bear of the Day: Meritor (MTOR)

PRNewsWire - 5 months ago

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

Zacks Investment Research - 5 months ago

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.

Zacks Investment Research - 5 months ago

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.

PRNewsWire - 6 months ago

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, ...

Zacks Investment Research - 6 months ago

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.

Zacks Investment Research - 6 months ago

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 th...

Zacks Investment Research - 6 months ago

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, THRM, TM
Zacks Investment Research - 6 months ago

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
Benzinga - 7 months ago

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 o...

Zacks Investment Research - 7 months ago

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

PRNewsWire - 7 months ago

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 res...

PRNewsWire - 7 months ago

TROY, Mich., June 3, 2020 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced it intends, subject to market and other conditions, to offer $300 million aggregate principal amount of uns...

Zacks Investment Research - 7 months ago

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

Zacks Investment Research - 8 months ago

Meritor (MTOR) scraps fiscal 2020 guidance as management expects the coronavirus pandemic and related setbacks to strain its operations in the days to come.

Seeking Alpha - 8 months ago

Meritor, Inc. (MTOR) CEO Jay Craig on Q2 2020 Results - Earnings Call Transcript

Zacks Investment Research - 8 months ago

Meritor (MTOR) delivered earnings and revenue surprises of 37.04% and -2.11%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Zacks Investment Research - 8 months ago

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.

Benzinga - 9 months ago

Component supplier to the truck original equipment manufacturers (OEMs) Meritor, Inc.

Zacks Investment Research - 9 months ago

As coronavirus concerns dim earnings and sales prospects of Meritor (MTOR), it is resorting to temporary cost-reduction measures to preserve financial flexibility.

Zacks Investment Research - 10 months ago

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

Benzinga - 11 months ago

Meritor Inc. (NYSE: MTOR) will provide integrated electrification on PACCAR Inc. (NASDAQ: PCAR) heavy-duty trucks as more of its traditional business evolves to battery-powered trucks.

Zacks Investment Research - 11 months ago

For fiscal 2020, Meritor (MTOR) now expects sales to total $3.7 billion versus the previous guided range of $3.7-$3.8 billion.

Seeking Alpha - 11 months ago

Meritor, Inc. (MTOR) CEO Jay Craig on Q1 2020 Results - Earnings Call Transcript

Zacks Investment Research - 11 months ago

Meritor (MTOR) delivered earnings and revenue surprises of 14.29% and -1.81%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

The Motley Fool - 11 months ago

In this eclectic group of companies, all the stocks look like good values, but for widely different reasons.

Other stocks mentioned: AIMC, AIR, ALG, BC, PTC
Zacks Investment Research - 11 months ago

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.

About MTOR

Meritor 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 applicat... [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 28.20, which is an increase of 7.06% from the latest price.

Price Target
$28.20
(7.06% upside)
Analyst Consensus: Hold