Meritor, Inc. (MTOR)
|Net Income (ttm)||220.00M|
|Day's Range||35.93 - 36.05|
|52-Week Range||20.50 - 36.28|
|Price Target||32.90 (-8.5%)|
|Earnings Date||May 3, 2022|
Meritor, Inc. designs, develops, manufactures, markets, distributes, sells, services, and supports integrated systems, modules, and components in North America, South America, Europe, and the Asia Pacific. It operates through two segments, Commercial Truck, and Aftermarket and Industrial. The company offers axles, including front steer and rear drive axles for medium- and heavy-duty commercial vehicles; heavy-duty trailer axles; suspension modules and brake products comprising drum and disc brakes; universal joints and driveline components; tra... [Read more...]
In 2021, Meritor's revenue was $3.83 billion, an increase of 25.92% compared to the previous year's $3.04 billion. Earnings were $199.00 million, a decrease of -18.78%.Financial Statements
According to 8 analysts, the average rating for MTOR stock is "Sell." The 12-month stock price forecast is 32.9, which is a decrease of -8.48% from the latest price.
TROY, Mich., May 9, 2022 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced the production launch of its Power Control and Accessory System (PCAS) for zero emissions commercial vehicles.
TROY, Mich. , May 9, 2022 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced production milestones for its 14Xe™ ePowertrain.
NEW YORK, May 9, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of f...
CEDARHURST, N.Y.--(BUSINESS WIRE)--Kuznicki Law PLLC is investigating the proposed sale of Meritor, Inc. (NYSE: MTOR) to Cummins Inc. (NYSE: CMI). Under the terms of the proposed transaction, shareholde...
Meritor (MTOR) reports robust earnings and sales growth in the second quarter of 2022. It also sees an increase in EBITDA.
Meritor (MTOR) delivered earnings and revenue surprises of 2.08% and 7.36%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK, May 3, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of f...
TROY, Mich. , May 3, 2022 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today reported financial results for its second fiscal quarter that ended March 31, 2022.
SHAREHOLDER ALERT: Weiss Law Reminds TGNA, MTOR, TEN, and CDK Shareholders About Its Ongoing Investigations
NEW YORK , May 2, 2022 /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or...
NEW YORK , April 25, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches ...
TROY, Mich. , April 19, 2022 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) will release the company's second-quarter results for fiscal year 2022 on Tuesday, May 3, 2022.
TROY, Mich. , April 11, 2022 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced that it has published its 2021 Sustainability Report which is now available on the company's website at meritor.com.
TROY, Mich. , March 31, 2022 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced a new standard position agreement with Extreme Trailers, LLC.
TROY, Mich., March 8, 2022 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced it has been honored in Heavy Duty Trucking Magazine's 2022 Top 20 Products Awards for its 14Xe™ ePowertrain, a fully...
Clarience Technologies Forms Technology Alliance with Meritor to Explore Future Connectivity Solutions in Commercial ...
ORLANDO, Fla., March 8, 2022 /PRNewswire/ -- Clarience Technologies and Meritor (NYSE: MTOR) are forming a technology alliance to develop future connectivity solutions for commercial trucks and trailers.
Meritor (MTOR) partners with ConMet to work on an innovative and futuristic zero-emission refrigerated trailer system.
TROY, Mich., March 3, 2022 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced it has entered into a collaboration agreement with ConMet in which Meritor will develop purpose-built trailer suspe...
Following a boost in the fourth quarter, Glenview Capital Management's Larry Robbins (Trades, Portfolio) disclosed last week he further increased his stake in Meritor Inc. ( MTOR , Financial) by 29.96%.
MERITOR INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of P...
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Meritor, Inc. (NYS...
To drive powertrain technology and give a push to electric and hybrid vehicle parts, Cummins (CMI) is set to acquire Meritor (MTOR).
Meritor, Inc. (NYSE: MTOR), whose shares rose by 45%, and Cummins Inc. (NYSE: CMI) recently announced they'd executed a definitive purchase agreement whereby Meritor, a leader of the electric powertrain...
Meritor shares headed toward 24-year high after Cummins buys axle, braking and powertrain maker for $3.7 billion
Shares of Meritor Inc., a maker of axle, braking and electric powertrain components, were headed toward a 24-year high Tuesday, after the company announced a deal to be acquired by diesel truck engine m...
Meritor (MTOR) stock is on the move today as investors react to news about a $3.7 billion acquisition deal with Cummins (CMI). The post MTOR Stock Alert: 11 Things to Know About the Acquisition Sending ...
Cummins is paying up to acquire the commercial vehicle component manufacturer.