Heffron Timothy J., SVP, HR & CIO, subtracted 35,019 shares of Meritor, Inc. (MTOR) from its portfolio at the rate of $23.92 per share valuing $837,563 on Dec 03. The insider left behind 31,741 shares of the company to its portfolio. Currently, the 1st Resistance Point for this stock is $24.12, with a 2nd Resistance Point sitting at $24.60. Meanwhile, this company’s stock has a 1st Support Level at $23.40 and a 2nd Support Level at $23.16. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Meritor, Inc. (MTOR) was $23.65. Meritor, Inc. (MTOR) stock has lost -$1.93, or -7.04%, in the past five days. In the last full month, these shares have gained $0.83, or 3.64%. In the past three months, this stock’s price has risen by $7.00, or 42.04%. This year-to-date, Meritor, Inc. (MTOR) shares have gained $6.74, or 39.86%.
Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Meritor, Inc. (MTOR) stock, 50% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 100% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 50% of long-term indicators suggest that this stock is a “ Buy .”
With 78,123 K shares outstanding, this company currently has a market capitalization of $1,920,263K. Meritor, Inc. (MTOR) generates $4,388 M in annual sales, amounting to annual net income of $291,000 K. This stock has generated a 1-Year Total Return of 44.38%, a 3-Year Total Return of 86.21%, and a 5-year Total Return of 76.71%. This stock’s 5-Year Dividend Growth is 0.00%, with its most recent dividend valued at $0.100 per share on 11/20/08. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.
In the most recently-reported fiscal quarter, which ended in 09/19, Meritor, Inc. (MTOR) reported earnings of $0.83 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.68 per share, representing a 0.15 difference and 22.06% surprise. In the previous quarter ending in 06/19, the reported earnings of $1.20 represented a 0.25 difference from the consensus estimate calling for $0.95 per share, which was a 26.32% surprise.
For the current fiscal quarter, which is set to end in 12/2019, the average earnings estimate is $0.56 per share. This estimate came from a total of 2 Wall Street Analysts. Of those market experts, the high estimate was $0.57 and the low estimate was $0.55. In the year-ago quarter, Meritor, Inc. (MTOR) generated per-share earnings of $0.79. If the analysts are correct about the current quarter’s earnings, the growth will be -29.11%.
Turning our focus now to insider trading activity, there have been 3 purchases (4,897 shares in total) and 1 sale (13,500 shares in total) in the last 3 months. In the last 6 months, there have been 10 insider buys amounting to 84,745 shares and 2 insider sales amounting to 45,330 shares. In the past full year, 30 insider purchases were made (involving 194,812 shares) and 8 insider sell-offs equivalent to 150,950 shares.
Moving onto liquidity, Meritor, Inc. (MTOR) has a Current Ratio of 1.30, a Quick Ratio of 0.74 and a Cash Ratio of 0.12. Looking at this company’s capital structure, its Total Debt to Total Equity is 244.94, its Total Debt to Total Capital is 71.01, and its Total Debt to Total Assets is now 33.50. Looking even further ahead into the future, its Long-Term Debt to Equity is 5.85 and its Long-Term Debt to Total Capital is 234.29.