Monro (MNRO) Stock Forecast, Price Target & Predictions
MNRO Stock Forecast
Monro stock forecast is as follows: an average price target of $25.00 (represents a -6.61% downside from MNRO’s last price of $26.77) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.
MNRO Price Target
The average price target for Monro (MNRO) is $25.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $25.00 to $25.00. This represents a potential -6.61% downside from MNRO's last price of $26.77.
MNRO Analyst Ratings
According to 3 Wall Street analysts, Monro's rating consensus is 'Hold'. The analyst rating breakdown for MNRO stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 3 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Monro Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 28, 2024 | Bret Jordan | Jefferies | $25.00 | $23.36 | 7.02% | -6.61% |
| May 24, 2024 | David Lantz | Wells Fargo | $25.00 | $22.89 | 9.22% | -6.61% |
The latest Monro stock forecast, released on May 28, 2024 by Bret Jordan from Jefferies, set a price target of $25.00, which represents a 7.02% increase from the stock price at the time of the forecast ($23.36), and a -6.61% decrease from MNRO last price ($26.77).
Monro Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $25.00 |
| Last Closing Price | $26.77 | $26.77 | $26.77 |
| Upside/Downside | -100.00% | -100.00% | -6.61% |
In the current month, the average price target of Monro stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Monro's last price of $26.77. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 14, 2024 | Stephens | - | Equal-Weight | Initialise |
| Aug 01, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| May 28, 2024 | Jefferies | Hold | Hold | Hold |
| May 24, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
Monro's last stock rating was published by Stephens on Oct 14, 2024. The company Initialise its MNRO rating from "null" to "Equal-Weight".
Monro Financial Forecast
Monro Revenue Forecast
| Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $522.63M | - | $539.54M | $310.84M | $335.19M | $329.82M | $349.54M | $328.03M | $341.78M | $347.70M | $341.82M | $305.48M | $284.59M | $288.59M | $247.06M | $286.07M | $329.28M | $324.11M | $317.06M | $287.20M | $285.58M |
| Avg Forecast | $305.13M | $314.57M | $307.81M | $299.56M | $301.71M | $310.78M | $300.06M | $293.70M | $320.16M | $324.75M | $331.62M | $332.39M | $318.26M | $330.87M | $345.01M | $343.52M | $328.18M | $338.89M | $339.13M | $327.63M | $297.34M | $299.46M | $293.69M | $246.90M | $286.20M | $338.04M | $330.07M | $320.60M | $292.01M | $297.50M |
| High Forecast | $309.54M | $319.11M | $312.26M | $303.89M | $302.66M | $314.02M | $301.83M | $293.70M | $320.16M | $328.74M | $335.38M | $337.19M | $322.85M | $335.65M | $345.01M | $343.52M | $328.18M | $338.89M | $339.13M | $327.63M | $297.34M | $299.46M | $293.69M | $246.90M | $286.20M | $338.04M | $330.07M | $320.60M | $292.01M | $357.00M |
| Low Forecast | $299.30M | $308.56M | $301.93M | $293.84M | $300.76M | $307.54M | $298.29M | $293.70M | $320.16M | $320.74M | $322.98M | $326.04M | $312.18M | $324.55M | $345.01M | $343.52M | $328.18M | $338.89M | $339.13M | $327.63M | $297.34M | $299.46M | $293.69M | $246.90M | $286.20M | $338.04M | $330.07M | $320.60M | $292.01M | $238.00M |
| # Analysts | 1 | 1 | 1 | 1 | 3 | 3 | 2 | 1 | 1 | 2 | 5 | 2 | 2 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 7 | 7 | 8 | 7 | 6 | 9 | 6 | 14 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.61% | - | 1.62% | 0.98% | 1.01% | 0.96% | 1.02% | 1.00% | 1.01% | 1.03% | 1.04% | 1.03% | 0.95% | 0.98% | 1.00% | 1.00% | 0.97% | 0.98% | 0.99% | 0.98% | 0.96% |
Monro's average Quarter revenue forecast for Mar 24 based on 1 analysts is $320.16M, with a low forecast of $320.16M, and a high forecast of $320.16M. MNRO's average Quarter revenue forecast represents a -38.74% decrease compared to the company's last Quarter revenue of $522.63M (Dec 23).
Monro EBITDA Forecast
| Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 3 | 3 | 2 | 1 | 1 | 2 | 5 | 2 | 2 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 7 | 7 | 8 | 7 | 6 | 9 | 6 | 14 |
| EBITDA | - | - | - | - | - | - | - | - | - | $21.38M | - | $17.35M | $6.50M | $23.94M | $23.57M | $46.35M | $11.95M | $47.68M | $54.51M | $48.24M | $40.48M | $35.47M | $43.97M | $29.80M | $18.19M | $34.88M | $35.13M | $37.07M | $29.11M | $30.81M |
| Avg Forecast | $30.68M | $31.63M | $30.95M | $30.12M | $30.34M | $31.25M | $30.17M | $29.53M | $20.37M | $32.65M | $33.34M | $33.42M | $18.51M | $55.47M | $27.19M | $27.07M | $16.83M | $26.70M | $26.72M | $25.82M | $27.92M | $23.60M | $23.14M | $19.46M | $26.19M | $26.64M | $26.01M | $25.26M | $36.64M | $38.59M |
| High Forecast | $31.12M | $32.09M | $31.40M | $30.56M | $30.43M | $31.58M | $30.35M | $29.53M | $24.44M | $33.06M | $33.72M | $33.91M | $22.22M | $66.56M | $27.19M | $27.07M | $20.20M | $26.70M | $26.72M | $25.82M | $33.50M | $23.60M | $23.14M | $19.46M | $31.43M | $26.64M | $26.01M | $25.26M | $43.97M | $46.31M |
| Low Forecast | $30.10M | $31.03M | $30.36M | $29.55M | $30.24M | $30.92M | $29.99M | $29.53M | $16.29M | $32.25M | $32.48M | $32.78M | $14.81M | $44.38M | $27.19M | $27.07M | $13.46M | $26.70M | $26.72M | $25.82M | $22.34M | $23.60M | $23.14M | $19.46M | $20.95M | $26.64M | $26.01M | $25.26M | $29.31M | $30.87M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.65% | - | 0.52% | 0.35% | 0.43% | 0.87% | 1.71% | 0.71% | 1.79% | 2.04% | 1.87% | 1.45% | 1.50% | 1.90% | 1.53% | 0.69% | 1.31% | 1.35% | 1.47% | 0.79% | 0.80% |
1 analysts predict MNRO's average Quarter EBITDA for Mar 24 to be $20.37M, with a high of $24.44M and a low of $16.29M. This is -4.76% lower than Monro's previous annual EBITDA (Dec 23) of $21.38M.
Monro Net Income Forecast
| Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 3 | 3 | 2 | 1 | 1 | 2 | 5 | 2 | 2 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 7 | 7 | 8 | 7 | 6 | 9 | 6 | 14 |
| Net Income | - | - | - | - | - | - | - | - | - | $12.17M | - | $8.83M | $409.00K | $13.03M | $13.12M | $12.48M | $8.62M | $16.29M | $20.98M | $15.68M | $11.80M | $6.68M | $12.85M | $2.99M | $-3.78M | $18.88M | $20.31M | $22.61M | $16.82M | $17.48M |
| Avg Forecast | $7.39M | $10.51M | $7.18M | $7.39M | $5.75M | $10.46M | $8.12M | $187.97K | $14.68M | $12.17M | $12.45M | $11.71M | $13.35M | $18.95M | $14.11M | $10.11M | $12.14M | $16.34M | $17.21M | $16.03M | $8.14M | $11.72M | $9.16M | $-6.63M | $-5.44M | $19.00M | $22.24M | $20.74M | $17.15M | $18.18M |
| High Forecast | $7.53M | $10.71M | $7.32M | $7.53M | $5.85M | $12.70M | $8.21M | $188.28K | $17.62M | $12.78M | $14.31M | $11.93M | $16.02M | $22.74M | $14.11M | $10.11M | $14.56M | $16.34M | $17.21M | $16.03M | $9.77M | $11.72M | $9.16M | $-6.63M | $-4.35M | $19.00M | $22.24M | $20.74M | $20.57M | $21.82M |
| Low Forecast | $7.21M | $10.25M | $7.00M | $7.21M | $5.46M | $7.85M | $8.02M | $187.66K | $11.75M | $11.56M | $10.89M | $11.42M | $10.68M | $15.16M | $14.11M | $10.11M | $9.71M | $16.34M | $17.21M | $16.03M | $6.51M | $11.72M | $9.16M | $-6.63M | $-6.52M | $19.00M | $22.24M | $20.74M | $13.72M | $14.55M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.00% | - | 0.75% | 0.03% | 0.69% | 0.93% | 1.23% | 0.71% | 1.00% | 1.22% | 0.98% | 1.45% | 0.57% | 1.40% | -0.45% | 0.69% | 0.99% | 0.91% | 1.09% | 0.98% | 0.96% |
Monro's average Quarter net income forecast for Mar 24 is $14.68M, with a range of $11.75M to $17.62M. MNRO's average Quarter net income forecast represents a 20.66% increase compared to the company's last Quarter net income of $12.17M (Dec 23).
Monro SG&A Forecast
| Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 3 | 3 | 2 | 1 | 1 | 2 | 5 | 2 | 2 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 7 | 7 | 8 | 7 | 6 | 9 | 6 | 14 |
| SG&A | - | - | - | - | - | - | - | - | - | $91.29M | - | $97.05M | $97.62M | $89.61M | $93.26M | $95.93M | $93.17M | $93.15M | $96.20M | $98.01M | $86.35M | $80.45M | $80.10M | $76.05M | $101.68M | $92.78M | $88.72M | $91.78M | $81.62M | $77.33M |
| Avg Forecast | $88.33M | $91.06M | $89.11M | $86.72M | $87.34M | $89.97M | $86.86M | $85.02M | $158.81M | $94.01M | $96.00M | $96.22M | $144.37M | $108.37M | $99.87M | $99.44M | $131.25M | $98.10M | $98.17M | $94.84M | $59.55M | $86.69M | $85.02M | $71.47M | $146.42M | $97.86M | $95.55M | $92.81M | $83.22M | $80.43M |
| High Forecast | $89.61M | $92.38M | $90.39M | $87.97M | $87.62M | $90.90M | $87.37M | $85.02M | $190.57M | $95.16M | $97.09M | $97.61M | $173.25M | $130.05M | $99.87M | $99.44M | $157.50M | $98.10M | $98.17M | $94.84M | $71.47M | $86.69M | $85.02M | $71.47M | $175.71M | $97.86M | $95.55M | $92.81M | $99.87M | $96.51M |
| Low Forecast | $86.64M | $89.32M | $87.40M | $85.06M | $87.06M | $89.03M | $86.35M | $85.02M | $127.05M | $92.85M | $93.50M | $94.38M | $115.50M | $86.70M | $99.87M | $99.44M | $105.00M | $98.10M | $98.17M | $94.84M | $47.64M | $86.69M | $85.02M | $71.47M | $117.14M | $97.86M | $95.55M | $92.81M | $66.58M | $64.34M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.97% | - | 1.01% | 0.68% | 0.83% | 0.93% | 0.96% | 0.71% | 0.95% | 0.98% | 1.03% | 1.45% | 0.93% | 0.94% | 1.06% | 0.69% | 0.95% | 0.93% | 0.99% | 0.98% | 0.96% |
Monro's average Quarter SG&A projection for Mar 24 is $158.81M, based on 1 Wall Street analysts, with a range of $127.05M to $190.57M. The forecast indicates a 73.96% rise compared to MNRO last annual SG&A of $91.29M (Dec 23).
Monro EPS Forecast
| Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 3 | 3 | 2 | 1 | 1 | 2 | 5 | 2 | 2 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 7 | 7 | 8 | 7 | 6 | 9 | 6 | 14 |
| EPS | - | - | - | - | - | - | - | - | - | $0.39 | - | $0.28 | $0.01 | $0.41 | $0.40 | $0.37 | $0.26 | $0.49 | $0.63 | $0.47 | $0.35 | $0.20 | $0.39 | $0.09 | $-0.11 | $0.57 | $0.61 | $0.68 | $0.50 | $0.53 |
| Avg Forecast | $0.24 | $0.34 | $0.23 | $0.24 | $0.18 | $0.34 | $0.26 | $0.01 | $0.30 | $0.39 | $0.40 | $0.38 | $0.33 | $0.43 | $0.45 | $0.32 | $0.46 | $0.52 | $0.55 | $0.51 | $0.29 | $0.38 | $0.29 | $-0.21 | $0.20 | $0.61 | $0.71 | $0.66 | $0.51 | $0.52 |
| High Forecast | $0.24 | $0.34 | $0.23 | $0.24 | $0.19 | $0.41 | $0.26 | $0.01 | $0.30 | $0.41 | $0.46 | $0.38 | $0.33 | $0.44 | $0.45 | $0.32 | $0.46 | $0.52 | $0.55 | $0.51 | $0.29 | $0.38 | $0.29 | $-0.21 | $0.20 | $0.61 | $0.71 | $0.66 | $0.51 | $0.62 |
| Low Forecast | $0.23 | $0.33 | $0.22 | $0.23 | $0.17 | $0.25 | $0.26 | $0.01 | $0.30 | $0.37 | $0.35 | $0.37 | $0.32 | $0.42 | $0.45 | $0.32 | $0.46 | $0.52 | $0.55 | $0.51 | $0.29 | $0.38 | $0.29 | $-0.21 | $0.20 | $0.61 | $0.71 | $0.66 | $0.51 | $0.42 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.00% | - | 0.75% | 0.04% | 0.95% | 0.88% | 1.14% | 0.57% | 0.94% | 1.13% | 0.91% | 1.21% | 0.53% | 1.31% | -0.42% | -0.56% | 0.93% | 0.86% | 1.02% | 0.98% | 1.02% |
According to 1 Wall Street analysts, Monro's projected average Quarter EPS for Mar 24 is $0.30, with a low estimate of $0.30 and a high estimate of $0.30. This represents a -21.85% decrease compared to MNRO previous annual EPS of $0.39 (Dec 23).