MTOR - Meritor, Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
19.25
+0.17 (+0.89%)
As of 3:50PM EDT. Market open.
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Previous Close19.08
Open19.12
Bid19.30 x 1000
Ask19.31 x 800
Day's Range18.98 - 19.64
52 Week Range15.01 - 25.78
Volume656,423
Avg. Volume853,046
Market Cap1.59B
Beta (3Y Monthly)2.25
PE Ratio (TTM)6.04
EPS (TTM)3.19
Earnings DateNov 13, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2008-11-20
1y Target Est25.71
Trade prices are not sourced from all markets
  • Meritor Hosts Conference Call and Webcast to Present Fiscal Year 2019 Fourth-Quarter and Full-Year Earnings Results
    PR Newswire

    Meritor Hosts Conference Call and Webcast to Present Fiscal Year 2019 Fourth-Quarter and Full-Year Earnings Results

    TROY, Mich. , Oct. 15, 2019 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR ) will host a conference call and webcast to discuss the company's fourth-quarter and full-year results for fiscal year 2019 on Wednesday, ...

  • Meritor Debuts ProTec™ Series 3000 Beam Axles
    PR Newswire

    Meritor Debuts ProTec™ Series 3000 Beam Axles

    First Meritor Defense Offering for Class 5 Vehicle Applications TROY, Mich. , Oct. 14, 2019 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced the launch of ProTec™ series 3000 front and rear all-wheel ...

  • Auto Stock Roundup: Daimler & Fiat Face Fines, Cummins Reaches Milestone & More
    Zacks

    Auto Stock Roundup: Daimler & Fiat Face Fines, Cummins Reaches Milestone & More

    While Daimler (DDAIF) has been fined $960 million for not adhering to emission standards, Fiat (FCAU) is ordered by SEC to pay $40-million penalty for misleading investors about monthly sales figures.

  • Meritor Announces Appointment of Aaron Bickford as Vice President of Aftermarket in North America
    PR Newswire

    Meritor Announces Appointment of Aaron Bickford as Vice President of Aftermarket in North America

    TROY, Mich., Oct. 2, 2019 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced that Aaron Bickford has been appointed to vice president of Aftermarket, North America, effective immediately. Bickford has complete oversight and leadership responsibility for all aspects of the company's Aftermarket business in North America and is responsible for successfully leading the team toward execution of the group's M2022 plan. Bickford will report to Joe Plomin, senior vice president of Aftermarket & Industrial and Trailer for Meritor, and is based at Meritor's North American Aftermarket Headquarters in Florence, Kentucky.

  • Benzinga

    Downside Of Commercial Vehicle Purchasing Cycle Snares Meritor

    Meritor, Inc. (NYSE: MTOR) announced that it has commenced a restructuring plan "intended to reduce labor costs in response to an anticipated decline in most global truck and trailer market volumes," according to an 8-k filing with the U.S. Securities and Exchange Commission. The Troy, Michigan-based supplier to heavy-truck original equipment manufacturers (OEMs) plans to "reduce salaried and hourly headcount globally" across both of its reportable segments – commercial truck and aftermarket, industrial and trailer. Meritor estimates the actions will result in $20 million in employee severance costs, most of which will be completed by the company's fiscal first quarter 2020 ending December 29, 2019.

  • Meritor (MTOR) to Cut Labor Costs Amid Industry Headwinds
    Zacks

    Meritor (MTOR) to Cut Labor Costs Amid Industry Headwinds

    Meritor's (MTOR) restructuring plan is expected to be completed by the end of first-quarter fiscal 2020.

  • How Much Are Meritor, Inc. (NYSE:MTOR) Insiders Taking Off The Table?
    Simply Wall St.

    How Much Are Meritor, Inc. (NYSE:MTOR) Insiders Taking Off The Table?

    We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is...

  • Meritor Announces North America's Lightest-Weight Trailer Suspension
    PR Newswire

    Meritor Announces North America's Lightest-Weight Trailer Suspension

    TROY, Mich. , Sept. 30, 2019 /PRNewswire/ -- Meritor, Inc. (NYSE:   MTOR) today announced the introduction of the MTA-Tec6™ suspension, the market's lightest trailer suspension offering up to 23,000-pound ...

  • Meritor, Inc. Announces Conversion Option for 7.875 Percent Convertible Senior Notes Due 2026
    PR Newswire

    Meritor, Inc. Announces Conversion Option for 7.875 Percent Convertible Senior Notes Due 2026

    TROY, Mich., Sept. 30, 2019 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced that it is notifying holders of its 7.875 percent Convertible Senior Notes due 2026 (the "Notes") that they are entitled to convert all or a portion of their Notes at any time beginning October 1, 2019 and prior to the close of business on December 31, 2019 at a rate of 83.3333 shares of common stock per $1,000 principal amount at maturity of the Notes (representing a conversion price of approximately $12.00 per share). The Notes are convertible because the closing price of shares of the company's common stock for at least 20 trading days, during the 30 consecutive trading-day period ending on September 30, 2019, was greater than 120 percent of the conversion price in effect on September 30, 2019. The Notes surrendered for conversion will be settled in cash up to the principal amount at maturity of the Notes and cash, stock or a combination of cash and stock, at the company's election, for the remainder of the conversion value of the Notes in excess of the principal amount at maturity and cash in lieu of any fractional shares, subject to and in accordance with the provisions of the indenture.

  • Meritor (MTOR) Dips More Than Broader Markets: What You Should Know
    Zacks

    Meritor (MTOR) Dips More Than Broader Markets: What You Should Know

    Meritor (MTOR) closed the most recent trading day at $17.87, moving -0.78% from the previous trading session.

  • Are Investors Undervaluing Meritor (MTOR) Right Now?
    Zacks

    Are Investors Undervaluing Meritor (MTOR) Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Allison (ALSN) Announces Twin Acquisitions for $103 Million
    Zacks

    Allison (ALSN) Announces Twin Acquisitions for $103 Million

    Allison Transmission Holdings' (ALSN) buyout of Walker Die and C&R would lead to improvement in efficiencies, cost reductions and enable a better quality assurance process, going forward.

  • Benzinga

    Sticks And Carrots Drive Heavy-Duty Electric Truck Adoption

    Tighter greenhouse gas regulations around the world are the sticks forcing truck makers to at least experiment with electrification. Generous incentives, especially in California, are the carrots helping them pay for it. "This will revolutionize our industry," John Bennett, chief technology officer at Meritor Inc. (NYSE: MTOR) told the FTR Transportation Intelligence conference in Indianapolis.

  • Meritor Announces Expanded Portfolio of Defense Solutions
    PR Newswire

    Meritor Announces Expanded Portfolio of Defense Solutions

    First Product Introduced Under New ProTec™ ISAS® Independent Suspension Line TROY, Mich. , Sept. 11, 2019 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR ) today announced an expansion of its ProTec™ product ...

  • A Close Look At Meritor, Inc.’s (NYSE:MTOR) 22% ROCE
    Simply Wall St.

    A Close Look At Meritor, Inc.’s (NYSE:MTOR) 22% ROCE

    Today we are going to look at Meritor, Inc. (NYSE:MTOR) to see whether it might be an attractive investment prospect...

  • Top Ranked Value Stocks to Buy for September 6th
    Zacks

    Top Ranked Value Stocks to Buy for September 6th

    Top Ranked Value Stocks to Buy for September 6th

  • Is Meritor (MTOR) a Great Value Stock Right Now?
    Zacks

    Is Meritor (MTOR) a Great Value Stock Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Top Ranked Value Stocks to Buy for August 30th
    Zacks

    Top Ranked Value Stocks to Buy for August 30th

    Top Ranked Value Stocks to Buy for August 30th

  • Thomson Reuters StreetEvents

    Edited Transcript of MTOR earnings conference call or presentation 31-Jul-19 2:00pm GMT

    Q3 2019 Meritor Inc Earnings Call

  • Should Value Investors Consider Meritor (MTOR) Stock Now?
    Zacks

    Should Value Investors Consider Meritor (MTOR) Stock Now?

    Let's see if Meritor (MTOR) stock is a good choice for value-oriented investors right now from multiple angles.

  • 3 Reasons Why Meritor (MTOR) Is a Great Growth Stock
    Zacks

    3 Reasons Why Meritor (MTOR) Is a Great Growth Stock

    Meritor (MTOR) could produce exceptional returns because of its solid growth attributes.

  • Moody's

    Meritor, Inc. -- Moody's announces completion of a periodic review of ratings of Meritor, Inc.

    Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Meritor, Inc. New York, August 21, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Meritor, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

  • 5 Beaten Down ETFs & Stocks to Buy Now
    Zacks

    5 Beaten Down ETFs & Stocks to Buy Now

    Given the rebounding fundamentals, investors should take advantage of the beaten down prices.

  • Is Meritor (MTOR) Stock Undervalued Right Now?
    Zacks

    Is Meritor (MTOR) Stock Undervalued Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.