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 -3.44% downside from MNRO’s last price of $25.89) and a rating consensus of 'Hold', based on 2 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 2 Wall Street analysts in the past 3 months, with a price target range of $25.00 to $25.00. This represents a potential -3.44% downside from MNRO's last price of $25.89.
MNRO Analyst Ratings
According to 2 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%), 2 '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% | -3.44% |
| May 24, 2024 | David Lantz | Wells Fargo | $25.00 | $22.89 | 9.22% | -3.44% |
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 -3.44% decrease from MNRO last price ($25.89).
Monro Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $25.00 |
| Last Closing Price | $25.89 | $25.89 | $25.89 |
| Upside/Downside | -100.00% | -100.00% | -3.44% |
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 $25.89. 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 |
|---|---|---|---|---|
| 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 Wells Fargo on Aug 01, 2024. The company gave MNRO a "Equal-Weight" rating, the same as its previous rate.
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 | Dec 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 | $310.11M |
| Avg Forecast | $319.20M | $320.10M | $313.50M | $298.00M | $300.80M | $310.47M | $299.98M | $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 | $305.03M |
| High Forecast | $320.62M | $321.52M | $314.89M | $299.32M | $302.13M | $311.85M | $301.61M | $295.00M | $321.58M | $328.74M | $335.38M | $333.86M | $319.67M | $332.33M | $346.54M | $343.52M | $328.93M | $339.67M | $339.91M | $328.39M | $298.02M | $300.15M | $294.37M | $247.47M | $286.85M | $338.82M | $330.83M | $321.33M | $292.69M | $366.03M |
| Low Forecast | $317.00M | $317.89M | $311.34M | $295.94M | $298.72M | $308.33M | $298.34M | $291.67M | $317.95M | $320.74M | $322.98M | $330.09M | $316.06M | $328.58M | $342.63M | $343.52M | $327.88M | $338.58M | $338.82M | $327.33M | $297.06M | $299.19M | $293.42M | $246.68M | $285.93M | $337.73M | $329.77M | $320.31M | $291.75M | $244.02M |
| # Analysts | 2 | - | - | - | - | 1 | 3 | 1 | 1 | 2 | 5 | 3 | 3 | 2 | 2 | 3 | 1 | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 |
| 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% | 1.02% |
Monro's average Quarter revenue forecast for Mar 24 based on 1 analysts is $320.16M, with a low forecast of $317.95M, and a high forecast of $321.58M. 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 | Dec 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | - | - | - | - | 1 | 3 | 1 | 1 | 2 | 5 | 3 | 3 | 2 | 2 | 3 | 1 | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 |
| 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 | $31.47M |
| Avg Forecast | $25.15M | $25.22M | $24.70M | $23.48M | $23.70M | $24.46M | $23.64M | $23.14M | $20.37M | $25.59M | $26.13M | $26.19M | $18.51M | $26.07M | $52.33M | $27.07M | $16.83M | $50.43M | $47.57M | $44.46M | $27.92M | $45.37M | $28.81M | $72.80M | $26.19M | $42.55M | $48.61M | $43.56M | $36.64M | $37.63M |
| High Forecast | $25.26M | $25.33M | $24.81M | $23.59M | $23.81M | $24.57M | $23.77M | $23.25M | $24.44M | $25.90M | $26.43M | $26.31M | $22.22M | $26.19M | $62.79M | $27.07M | $20.20M | $60.51M | $57.08M | $53.35M | $33.50M | $54.44M | $34.57M | $87.36M | $31.43M | $51.06M | $58.34M | $52.27M | $43.97M | $45.15M |
| Low Forecast | $24.98M | $25.05M | $24.53M | $23.32M | $23.54M | $24.30M | $23.51M | $22.98M | $16.29M | $25.27M | $25.45M | $26.01M | $14.81M | $25.89M | $41.86M | $27.07M | $13.46M | $40.34M | $38.06M | $35.56M | $22.34M | $36.30M | $23.05M | $58.24M | $20.95M | $34.04M | $38.89M | $34.85M | $29.31M | $30.10M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.84% | - | 0.66% | 0.35% | 0.92% | 0.45% | 1.71% | 0.71% | 0.95% | 1.15% | 1.09% | 1.45% | 0.78% | 1.53% | 0.41% | 0.69% | 0.82% | 0.72% | 0.85% | 0.79% | 0.84% |
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 | Dec 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | - | - | - | - | 1 | 3 | 1 | 1 | 2 | 5 | 3 | 3 | 2 | 2 | 3 | 1 | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 |
| 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 | $20.53M |
| Avg Forecast | $7.60M | $9.78M | $10.61M | $8.43M | $6.24M | $9.74M | $8.12M | $187.94K | $14.68M | $12.17M | $12.44M | $11.71M | $13.35M | $13.53M | $20.15M | $10.11M | $12.14M | $17.23M | $18.31M | $14.45M | $8.14M | $8.55M | $8.42M | $7.30M | $-5.44M | $19.19M | $23.46M | $22.26M | $17.15M | $20.19M |
| High Forecast | $7.64M | $9.84M | $10.68M | $8.48M | $6.28M | $9.80M | $8.16M | $189.02K | $17.62M | $12.78M | $14.31M | $11.77M | $16.02M | $13.61M | $24.17M | $10.11M | $14.56M | $20.67M | $21.98M | $17.34M | $9.77M | $10.26M | $10.10M | $8.76M | $-4.35M | $23.03M | $28.15M | $26.72M | $20.57M | $24.23M |
| Low Forecast | $7.53M | $9.69M | $10.52M | $8.35M | $6.19M | $9.65M | $7.79M | $186.25K | $11.75M | $11.56M | $10.89M | $11.60M | $10.68M | $13.41M | $16.12M | $10.11M | $9.71M | $13.78M | $14.65M | $11.56M | $6.51M | $6.84M | $6.73M | $5.84M | $-6.52M | $15.35M | $18.77M | $17.81M | $13.72M | $16.15M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.00% | - | 0.75% | 0.03% | 0.96% | 0.65% | 1.24% | 0.71% | 0.95% | 1.15% | 1.09% | 1.45% | 0.78% | 1.53% | 0.41% | 0.69% | 0.98% | 0.87% | 1.02% | 0.98% | 1.02% |
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 | Dec 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | - | - | - | - | 1 | 3 | 1 | 1 | 2 | 5 | 3 | 3 | 2 | 2 | 3 | 1 | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 |
| 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 | $87.26M |
| Avg Forecast | $92.40M | $92.66M | $90.75M | $86.27M | $87.08M | $89.88M | $86.84M | $85.02M | $158.81M | $94.01M | $96.00M | $96.22M | $144.37M | $95.78M | $92.36M | $99.44M | $131.25M | $98.52M | $83.96M | $90.33M | $59.55M | $102.89M | $52.48M | $185.79M | $146.42M | $94.30M | $102.46M | $90.39M | $83.22M | $85.80M |
| High Forecast | $92.81M | $93.07M | $91.15M | $86.65M | $87.46M | $90.27M | $87.31M | $85.40M | $190.57M | $95.16M | $97.09M | $96.65M | $173.25M | $96.20M | $110.83M | $99.44M | $157.50M | $118.22M | $100.75M | $108.39M | $71.47M | $123.47M | $62.98M | $222.94M | $175.71M | $113.16M | $122.95M | $108.46M | $99.87M | $102.96M |
| Low Forecast | $91.76M | $92.02M | $90.13M | $85.67M | $86.47M | $89.26M | $86.36M | $84.43M | $127.05M | $92.85M | $93.50M | $95.56M | $115.50M | $95.12M | $73.89M | $99.44M | $105.00M | $78.82M | $67.17M | $72.26M | $47.64M | $82.31M | $41.98M | $148.63M | $117.14M | $75.44M | $81.97M | $72.31M | $66.58M | $68.64M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.97% | - | 1.01% | 0.68% | 0.94% | 1.01% | 0.96% | 0.71% | 0.95% | 1.15% | 1.09% | 1.45% | 0.78% | 1.53% | 0.41% | 0.69% | 0.98% | 0.87% | 1.02% | 0.98% | 1.02% |
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 | Dec 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | - | - | - | - | 1 | 3 | 1 | 1 | 2 | 5 | 3 | 3 | 2 | 2 | 3 | 1 | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 |
| 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 | $0.62 |
| Avg Forecast | $0.24 | $0.31 | $0.34 | $0.27 | $0.20 | $0.31 | $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 | $0.59 |
| High Forecast | $0.24 | $0.32 | $0.34 | $0.27 | $0.20 | $0.31 | $0.26 | $0.01 | $0.31 | $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 | $0.67 | $0.51 | $0.71 |
| Low Forecast | $0.24 | $0.31 | $0.34 | $0.27 | $0.20 | $0.31 | $0.25 | $0.01 | $0.30 | $0.37 | $0.35 | $0.37 | $0.32 | $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 | $0.47 |
| 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% | 1.05% |
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 $0.31. This represents a -21.85% decrease compared to MNRO previous annual EPS of $0.39 (Dec 23).
Monro Peer Comparison by Price Target
MNRO Forecast FAQ
Is Monro a good buy?
No, according to 2 Wall Street analysts, Monro (MNRO) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of MNRO's total ratings.
What is MNRO's price target?
Monro (MNRO) average price target is $25 with a range of $25 to $25, implying a -3.44% from its last price of $25.89. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Monro stock go up soon?
According to Wall Street analysts' prediction for MNRO stock, the company can go down by -3.44% (from the last price of $25.89 to the average price target of $25), down by -3.44% based on the highest stock price target, and down by -3.44% based on the lowest stock price target.
Can Monro stock reach $40?
MNRO's average twelve months analyst stock price target of $25 does not support the claim that Monro can reach $40 in the near future.
What are Monro's analysts' financial forecasts?
Monro's analysts financial forecasts for the fiscal year (Mar 2025) are as follows: average revenue is $1.2B (high $1.21B, low $1.2B), average EBITDA is $94.95M (high $95.39M, low $94.33M), average net income is $24.29M (high $24.43M, low $23.82M), average SG&A $348.81M (high $350.44M, low $346.53M), and average EPS is $0.778 (high $0.783, low $0.763). MNRO's analysts financial forecasts for the fiscal year (Mar 2026) are as follows: average revenue is $1.25B (high $1.26B, low $1.24B), average EBITDA is $98.56M (high $99M, low $97.88M), average net income is $36.42M (high $36.63M, low $36.1M), average SG&A $362.08M (high $363.69M, low $359.58M), and average EPS is $1.17 (high $1.17, low $1.16).
Did the MNRO's actual financial results beat the analysts' financial forecasts?
Based on Monro's last annual report (Mar 2023), the company's revenue was $1.33B, which missed the average analysts forecast of $1.34B by -0.92%. Apple's EBITDA was $80.34M, missing the average prediction of $123.98M by -35.20%. The company's net income was $39.05M, missing the average estimation of $57.13M by -31.65%. Apple's SG&A was $376.42M, missing the average forecast of $431.95M by -12.86%. Lastly, the company's EPS was $1.24, missing the average prediction of $1.54 by -19.24%. In terms of the last quarterly report (Dec 2023), Monro's revenue was $522.63M, beating the average analysts' forecast of $324.75M by 60.93%. The company's EBITDA was $21.38M, missing the average prediction of $25.59M by -16.44%. Monro's net income was $12.17M, beating the average estimation of $12.17M by 0.02%. The company's SG&A was $91.29M, missing the average forecast of $94.01M by -2.89%. Lastly, the company's EPS was $0.39, beating the average prediction of $0.39 by 0.07%