Monro Muffler Brake Stock Price on July 23, 2024

MNRO Stock  USD 28.21  0.48  1.73%   
Below is the normalized historical share price chart for Monro Muffler Brake extending back to July 30, 1991. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Monro Muffler stands at 28.21, as last reported on the 28th of November, with the highest price reaching 28.73 and the lowest price hitting 27.65 during the day.
IPO Date
29th of July 1991
200 Day MA
27.4563
50 Day MA
27.9684
Beta
1.119
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Monro Stock, it is important to understand the factors that can impact its price. As of now, Monro Stock is very steady. Monro Muffler Brake has Sharpe Ratio of 0.0409, which conveys that the firm had a 0.0409% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Monro Muffler, which you can use to evaluate the volatility of the firm. Please verify Monro Muffler's Mean Deviation of 1.51, risk adjusted performance of 0.0386, and Downside Deviation of 1.76 to check out if the risk estimate we provide is consistent with the expected return of 0.0838%.
  
At this time, Monro Muffler's Common Stock Shares Outstanding is very stable compared to the past year. As of the 28th of November 2024, Liabilities And Stockholders Equity is likely to grow to about 1.8 B, while Total Stockholder Equity is likely to drop about 336.4 M. . As of the 28th of November 2024, Price To Sales Ratio is likely to grow to 1.56. Also, Price Earnings Ratio is likely to grow to 27.47. Monro Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0409

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Estimated Market Risk

 2.05
  actual daily
18
82% of assets are more volatile

Expected Return

 0.08
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average Monro Muffler is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Monro Muffler by adding it to a well-diversified portfolio.
Price Book
1.2739
Enterprise Value Ebitda
10.5793
Price Sales
0.6912
Shares Float
29.5 M
Dividend Share
1.12

Monro Muffler Main Headline on 23rd of July 2024

Filed transaction by Monro Muffler Brake Officer: Sr. Vp - Cio. Grant, award or other acquisition pursuant to Rule 16b-3(d)

Monro Muffler Valuation on July 23, 2024

It is possible to determine the worth of Monro Muffler on a given historical date. On July 23, 2024 Monro was worth 24.23 at the beginning of the trading date compared to the closed value of 24.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Monro Muffler stock. Still, in general, we apply an absolute valuation method to find Monro Muffler's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Monro Muffler where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Monro Muffler's related companies.
 Open High Low Close Volume
  24.40    24.71    23.61    24.47    424,973  
07/23/2024
  24.23    24.56    23.80    24.33    563,462  
  24.27    24.83    23.65    23.92    385,705  
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Open Value
24.23
24.33
Closing Value
30.38
Upside

Monro Muffler Trading Date Momentum on July 23, 2024

On July 24 2024 Monro Muffler Brake was traded for  23.92  at the closing time. The top price for the day was 24.83  and the lowest listed price was  23.65 . The trading volume for the day was 385.7 K. The trading history from July 24, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.69% . The trading delta at closing time against the current closing price is 13.40% .

Monro Muffler Brake Fundamentals Correlations and Trends

By evaluating Monro Muffler's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Monro Muffler's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Monro financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Monro Muffler Stock history

Monro Muffler investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Monro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Monro Muffler Brake will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Monro Muffler stock prices may prove useful in developing a viable investing in Monro Muffler
Last ReportedProjected for Next Year
Common Stock Shares Outstanding31.9 M35.1 M
Net Income Applicable To Common Shares44.9 M42.5 M

Monro Muffler Stock Technical Analysis

Monro Muffler technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Monro Muffler technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Monro Muffler trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Monro Muffler Period Price Range

Low
November 28, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Monro Muffler Brake cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Monro Muffler November 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Monro Muffler stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Monro Muffler shares will generate the highest return on investment. By undertsting and applying Monro Muffler stock market strength indicators, traders can identify Monro Muffler Brake entry and exit signals to maximize returns

Monro Muffler Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Monro Muffler's price direction in advance. Along with the technical and fundamental analysis of Monro Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Monro to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Monro Muffler Brake offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Monro Muffler's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Monro Muffler Brake Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Monro Muffler Brake Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monro Muffler Brake. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Automotive Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Monro Muffler. If investors know Monro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Monro Muffler listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.56)
Dividend Share
1.12
Earnings Share
0.87
Revenue Per Share
40.538
Quarterly Revenue Growth
(0.06)
The market value of Monro Muffler Brake is measured differently than its book value, which is the value of Monro that is recorded on the company's balance sheet. Investors also form their own opinion of Monro Muffler's value that differs from its market value or its book value, called intrinsic value, which is Monro Muffler's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Monro Muffler's market value can be influenced by many factors that don't directly affect Monro Muffler's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Monro Muffler's value and its price as these two are different measures arrived at by different means. Investors typically determine if Monro Muffler is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Monro Muffler's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.