26.03 0.00 (0.00%)
After hours: 4:35PM EDT
|Bid||24.00 x 1000|
|Ask||26.93 x 300|
|Day's Range||25.84 - 26.29|
|52 Week Range||9.84 - 27.03|
|PE Ratio (TTM)||4.22|
|Earnings Date||Nov 15, 2017|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||24.67|
Meritor (MTOR) expects to benefit from M2019 plan, which includes new business acquisitions and continued investments in new products and technologies.
TROY, Mich., Oct. 11, 2017 /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 2017 on Wednesday, Nov. 15 at 10 a.m. ET. Investors can also listen to the conference call in real time or access a recording of the call for seven days after the event by visiting the investors page on meritor.com. A replay of the call will be available starting at 1 p.m. ET on Nov. 15, until 1 p.m. ET on Nov. 22 by calling (855) 859-2056 (within the United States) or (404) 537-3406 for international calls.
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Meritor, Inc. Here are 5 ETFs with the largest exposure to MTOR-US. Comparing the performance and risk of Meritor, Inc. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker Fund Name ... Read more (Read more...)
Categories: Yahoo FinanceGet free summary analysis Meritor, Inc. reports financial results for the quarter ended June 30, 2017. Highlights Summary numbers: Revenues of USD 920 million, Net Earnings of USD 49 million. Gross margins narrowed from 16.53% to 15.54% compared to the same period last year, operating (EBITDA) margins now 9.78% from 10.46%. Change in operating cash ... Read more (Read more...)
Meritor (MTOR) announces the launch of next generation 79000 single-reduction drive axle; ProTec Series 50 range of beam axles for the military use.
TROY, Mich. , Oct. 9, 2017 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR ) announced today the introduction of the ProTec Series 50 range of beam axles for military-specific applications. The axles will be ...
TROY, Mich., Oct. 9, 2017 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) announced today the launch of its next generation 79000 single-reduction drive axle for transit buses with a lifespan three times longer than previous offerings. "Our new 79000 axle was specifically developed and validated for the North America transit bus duty cycle and exceeds expectations for extended product durability," said Joe Muscedere, general manager, Off Highway, Specialty & Defense, North America. Meritor's new axle is designed to help municipal transit fleets meet federal and industry durability guidelines.
U.S. auto sales reached a 12-Year high in September as consumers in hurricane-hit areas of the country replaced flood-damaged cars.
In line with its plan to combine North American business operations, WABCO (WBC) acquires full ownership of Meritor WABCO joint venture.
TROY, Mich., Oct. 3, 2017 /PRNewswire/ -- Meritor, Inc. (MTOR) today announced that it has issued a notice of redemption for all of the outstanding $175,000,000 aggregate principal amount of its 6.750% notes due 2021 (the "Notes"). The notice of redemption containing information required by the indenture governing the Notes, including the redemption price, was sent to registered holders of the Notes today.
BRUSSELS, Belgium, Oct. 03, 2017-- WABCO Holdings Inc., a leading global supplier of technologies and services that improve the safety, efficiency and connectivity of commercial vehicles, today announced ...
TROY, Mich., Sept. 29, 2017 /PRNewswire/ -- Meritor, Inc. (MTOR) today announced that it is notifying holders of its 7.875% 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, 2017 and prior to the close of business on December 30, 2017 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 as 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 29, 2017 was greater than 120% of the conversion price in effect on September 29, 2017. 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.
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"With a rise in the number of competitors selling products at various price points and quality levels, Meritor's Mach brand will offer a wide range of replacement part options at affordable prices that are validated by our engineers," said Rob Speed, president, Aftermarket & Trailer. Designed for second as well as third owners, Mach-branded products include an assortment of suspension, steering, brake and drivetrain components that will be available initially in North America before the end of 2017 and will launch in Europe, South America and Australia at a later date.
TROY, Mich., Sept. 26, 2017 /PRNewswire/ -- Meritor, Inc. (MTOR) today announced it is developing a platform of electric drive axles and suspensions as well as supporting systems to position Meritor as a leader in electric solutions for the commercial vehicle market. "Essentially, we're focusing on integrating an electric motor into the differential carrier," said Jay Craig, CEO and president for Meritor. Meritor's flexible e-carrier design will be the foundation for various drivetrain configurations, including full electric, hybrid, single or tandem axles with various options based on application, according to Craig.
TROY, Mich. , Sept. 26, 2017 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR ) today announced its EX+ air disc brake for tractors and trailers has been optimized to reduce product weight and total cost of ownership. ...
TROY, Mich. , Sept. 26, 2017 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR ) today announced that its Meritor Tire Inflation System (MTIS) for trailers will include the ThermALERT™ wheel-end heat-sensing system ...
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Meritor Inc (NYSE:MTOR) trades with a trailing P/E of 4x, which is lower than the industry average of 27.2x. While this makes MTOR appear like a great stock to buy,Read More...
LONDON, UK / ACCESSWIRE / September 20, 2017 / Pro-Trader Daily takes a look at the latest corporate events and news making the headlines for Meritor, Inc. (NYSE: MTOR ), following which we have published ...
TROY, Mich., Sept. 20, 2017 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced the pricing on September 19, 2017 of $300 million aggregate principal amount of its 3.25% convertible senior notes due 2037 (the "notes"). The offering is being made to qualified institutional buyers in a private placement pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Meritor also granted to the initial purchasers of the notes an option to purchase, within the 13-day period beginning on, and including, the date Meritor first issues the notes, up to an additional $25 million aggregate principal amount of the notes.