$0.66 EPS Expected for Meritor, Inc. (MTOR); 3 Analysts Are Bullish Meredith (MDP) Last Week

May 2, 2018 - By Louis Casey

Meritor, Inc. (NYSE:MTOR) Logo

Analysts expect Meritor, Inc. (NYSE:MTOR) to report $0.66 EPS on May, 3 before the open.They anticipate $0.31 EPS change or 88.57% from last quarter’s $0.35 EPS. MTOR’s profit would be $58.87 million giving it 7.36 P/E if the $0.66 EPS is correct. After having $0.62 EPS previously, Meritor, Inc.’s analysts see 6.45% EPS growth. The stock decreased 0.15% or $0.03 during the last trading session, reaching $19.44. About 922,976 shares traded. Meritor, Inc. (NYSE:MTOR) has risen 25.65% since May 2, 2017 and is uptrending. It has outperformed by 14.10% the S&P500.

Among 8 analysts covering Meredith Corporation (NYSE:MDP), 3 have Buy rating, 0 Sell and 5 Hold. Therefore 38% are positive. Meredith Corporation had 25 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Benchmark on Thursday, March 23 with “Hold”. Jefferies maintained the shares of MDP in report on Thursday, June 1 with “Hold” rating. Jefferies initiated the stock with “Hold” rating in Tuesday, July 21 report. The stock of Meredith Corporation (NYSE:MDP) has “Buy” rating given on Tuesday, May 2 by Citigroup. The stock of Meredith Corporation (NYSE:MDP) has “Hold” rating given on Monday, September 11 by Jefferies. The stock of Meredith Corporation (NYSE:MDP) has “Buy” rating given on Monday, June 5 by Benchmark. The stock of Meredith Corporation (NYSE:MDP) earned “Hold” rating by Gabelli on Wednesday, December 16. The company was upgraded on Monday, September 21 by Zacks. As per Wednesday, January 31, the company rating was upgraded by Gabelli. The rating was downgraded by Citigroup to “Neutral” on Friday, December 1. See Meredith Corporation (NYSE:MDP) latest ratings:

31/01/2018 Broker: Jefferies Rating: Buy New Target: $72.0 Maintain
31/01/2018 Broker: Gabelli Rating: Buy Upgrade
01/12/2017 Broker: Citigroup Old Rating: Buy New Rating: Neutral Downgrade
28/11/2017 Broker: Jefferies Old Rating: Hold New Rating: Buy Upgrade
13/11/2017 Broker: JMP Securities Rating: Market Perform Initiates Coverage On

Investors sentiment decreased to 1.41 in Q4 2017. Its down 0.37, from 1.78 in 2017Q3. It turned negative, as 30 investors sold Meritor, Inc. shares while 58 reduced holdings. 47 funds opened positions while 77 raised stakes. 80.86 million shares or 3.23% less from 83.56 million shares in 2017Q3 were reported. State Board Of Administration Of Florida Retirement invested in 86,066 shares or 0.01% of the stock. 493,055 are held by Boston Advsr Ltd Liability Company. Ubs Asset Management Americas has 0% invested in Meritor, Inc. (NYSE:MTOR) for 70,233 shares. Goldman Sachs Grp accumulated 173,557 shares or 0% of the stock. Hancock Holding stated it has 57,201 shares. Balyasny Asset Mgmt Limited Liability Com reported 22,842 shares. Cubist Systematic Strategies Ltd Co has 0.08% invested in Meritor, Inc. (NYSE:MTOR). Anchor Bolt Cap L P holds 193,788 shares or 0.16% of its portfolio. Geode Capital Mngmt Ltd Llc stated it has 0.01% in Meritor, Inc. (NYSE:MTOR). Vaughan Nelson Inv Mgmt L P holds 0.24% of its portfolio in Meritor, Inc. (NYSE:MTOR) for 868,650 shares. Axa stated it has 0.03% of its portfolio in Meritor, Inc. (NYSE:MTOR). Neuberger Berman Grp Incorporated Limited Co invested in 0.02% or 580,891 shares. Wells Fargo And Co Mn reported 673,466 shares. Verition Fund Limited Liability Company holds 38,240 shares or 0.08% of its portfolio. Prudential Inc holds 0% or 68,723 shares.

Among 11 analysts covering Meritor (NYSE:MTOR), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. Meritor had 47 analyst reports since August 14, 2015 according to SRatingsIntel. The rating was maintained by Barclays Capital with “Equal Weight” on Thursday, March 23. The rating was maintained by RBC Capital Markets with “Buy” on Monday, October 16. The rating was maintained by KeyBanc Capital Markets on Tuesday, September 19 with “Buy”. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, February 9 report. Piper Jaffray downgraded Meritor, Inc. (NYSE:MTOR) on Tuesday, June 28 to “Underweight” rating. On Friday, October 20 the stock rating was maintained by Barclays Capital with “Equal-Weight”. Stifel Nicolaus maintained the shares of MTOR in report on Monday, September 11 with “Buy” rating. The stock of Meritor, Inc. (NYSE:MTOR) earned “Buy” rating by Stifel Nicolaus on Thursday, January 4. The rating was maintained by RBC Capital Markets on Wednesday, November 15 with “Buy”. The firm has “Equal-Weight” rating by Barclays Capital given on Tuesday, April 17.

Since December 11, 2017, it had 0 insider purchases, and 7 insider sales for $8.51 million activity. Plomin Joseph A. also sold $405,856 worth of Meritor, Inc. (NYSE:MTOR) shares. The insider Villavarayan Chris sold 18,000 shares worth $515,009. 155,000 shares were sold by Craig Jeffrey A, worth $4.06 million on Thursday, February 15. On Friday, February 2 the insider Nowlan Kevin sold $1.45M.

Meritor, Inc. designs, develops, manufactures, markets, distributes, sells, services, and supports integrated systems, modules, and components to original equipment manufacturers and the aftermarket for the commercial vehicle, transportation, and industrial sectors worldwide. The company has market cap of $1.73 billion. It operates through two divisions, Commercial Truck & Industrial; and Aftermarket & Trailer. It currently has negative earnings. The Commercial Truck & Industrial segment supplies drivetrain systems and components, including axles, drivelines, and braking and suspension systems primarily for medium-and heavy-duty trucks, off-highway, military, construction, bus and coach, fire and emergency, and other applications.

Investors sentiment increased to 1.37 in 2017 Q4. Its up 0.27, from 1.1 in 2017Q3. It increased, as 23 investors sold Meredith Corporation shares while 64 reduced holdings. 51 funds opened positions while 68 raised stakes. 40.46 million shares or 3.63% less from 41.98 million shares in 2017Q3 were reported. Us Fincl Bank De stated it has 13,119 shares. 133,474 are held by Brandywine Glob Management Limited Liability. 309,041 are owned by Proshare Advsr Ltd Liability Company. Prudential Fincl Inc holds 45,328 shares or 0% of its portfolio. Amundi Pioneer Asset Management holds 0.03% or 264,451 shares in its portfolio. Landscape Cap Management Limited Liability, a New Jersey-based fund reported 3,100 shares. Metropolitan Life Insur Co New York holds 0.02% or 22,604 shares. Pnc Fincl Ser Grp Inc owns 11,718 shares for 0% of their portfolio. Huntington Comml Bank reported 39 shares. Dimensional Fund Advisors Ltd Partnership accumulated 1.97 million shares. Gabelli Funds Llc holds 0.08% in Meredith Corporation (NYSE:MDP) or 209,200 shares. Commonwealth Of Pennsylvania School Empls Retrmt reported 5,778 shares. Pacad Ltd owns 2,100 shares for 0.03% of their portfolio. Moreover, Ameritas Investment Prtn Incorporated has 0.1% invested in Meredith Corporation (NYSE:MDP) for 31,773 shares. Northern Tru invested in 1.04 million shares or 0.02% of the stock.

Meredith Corporation operates as a diversified media firm in the United States. The company has market cap of $2.32 billion. It operates in two divisions, Local Media and National Media. It has a 8.49 P/E ratio. The Local Media segment operates television stations, such as 7 CBS affiliates, 5 FOX affiliates, 2 MyNetworkTV affiliates, 1 NBC affiliate, 1 ABC affiliate, and 2 independent stations.

Meritor, Inc. (NYSE:MTOR) Institutional Positions Chart

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