New Strong Buy Stocks for October 2nd

MNRO Stock  USD 28.21  0.48  1.73%   
About 62% of all Monro Muffler's investors are looking to take a long position. The analysis of current outlook of investing in Monro Muffler Brake suggests that some traders are interested regarding Monro Muffler's prospects. Monro Muffler's investing sentiment overview a quick insight into current market opportunities from investing in Monro Muffler Brake. Many technical investors use Monro Muffler Brake stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
  
CF, BRFS, SNAX, MNRO and SMWB have been added to the Zacks Rank 1 List on October 2, 2024.

Read at zacks.com
zacks News
  

Monro Muffler Brake Current Investor Sentiment

Panic Vs Confidence

62

 
Panic
 
Confidence
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Monro Muffler's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Monro Muffler Brake.

Monro Muffler Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Monro Muffler can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Monro Muffler Fundamental Analysis

We analyze Monro Muffler's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Monro Muffler using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Monro Muffler based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Current Asset

Current Asset Comparative Analysis

Monro Muffler is currently under evaluation in current asset category among its peers. Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Monro Muffler Brake Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Monro Muffler stock to make a market-neutral strategy. Peer analysis of Monro Muffler could also be used in its relative valuation, which is a method of valuing Monro Muffler by comparing valuation metrics with similar companies.

Peers

Monro Muffler Related Equities

SRIStoneridge   1.93   
0%
91.0%
MPAAMotorcar Parts   1.91   
0%
90.0%
FOXFFox Factory   1.80   
0%
84.0%
CPSCooper Stnd   1.53   
0%
72.0%
PLOWDouglas Dynamics   1.48   
0%
69.0%
VCVisteon Corp   0.66   
0%
31.0%
SUPSuperior Industries   0.42   
0%
19.0%
SMPStandard   0.31   
0%
14.0%
THRMGentherm   0.12   
0%
5.0%
GNTXGentex   1.00   
47.0%
0%
DORMDorman Products   2.12   
100.0%
0%
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 Monro Muffler Hype Analysis, Monro Muffler Correlation and Monro Muffler Performance.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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.