MTOR - Meritor, Inc.

NYSE - NYSE Delayed Price. Currency in USD
24.02
+0.20 (+0.84%)
At close: 4:02PM EST
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Previous close23.82
Open23.82
Bid0.00 x 0
Ask0.00 x 0
Day's range23.76 - 24.04
52-week range13.53 - 27.96
Volume444,602
Avg. volume1,303,201
Market cap2.128B
Beta2.38
PE ratio (TTM)6.69
EPS (TTM)3.59
Earnings date31 Jan 2018
Forward dividend & yield0.00 (0.00%)
Ex-dividend date2008-11-20
1y target est28.13
Trade prices are not sourced from all markets
  • Meritor Realigns Operating Segments to Drive Long-Term Strategic Objectives
    PR Newswire3 days ago

    Meritor Realigns Operating Segments to Drive Long-Term Strategic Objectives

    TROY, Mich., Jan. 18, 2018 /PRNewswire/ -- Meritor, Inc. (MTOR) today announced a realignment of its operating segments to further drive its long-term strategic objectives while also assigning new responsibilities as part of Meritor's commitment to leadership development. Joseph Plomin has been appointed senior vice president and president, Aftermarket & Trailer and Quality. Since January 2014, he served as senior vice president and president, International, at Meritor.

  • Meritor (MTOR) Introduces Authorized Rebuilder Program
    Zacks10 days ago

    Meritor (MTOR) Introduces Authorized Rebuilder Program

    Meritor's (MTOR) latest move will help fleets maximize uptime, guaranteed delivery of highly reliable and rebuilt carriers.

  • Meritor Launches Authorized Rebuilder Program for Axle Carriers
    PR Newswire12 days ago

    Meritor Launches Authorized Rebuilder Program for Axle Carriers

    Four Authorized Rebuilders now Cover Canada Market; U.S. Rebuilders to be Named in 2018 TROY, Mich. , Jan. 9, 2018 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR ) today announced the launch of its North America ...

  • Meritor Hosts Conference Call and Webcast to Present Fiscal Year 2018 First-Quarter Results
    PR Newswire13 days ago

    Meritor Hosts Conference Call and Webcast to Present Fiscal Year 2018 First-Quarter Results

    TROY, Mich., Jan. 8, 2018 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) will host a conference call and webcast to discuss the company's first-quarter results for fiscal year 2018 on Wednesday, Jan. 31 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 Jan. 31, until 1 p.m. ET on Feb. 7 by calling (855) 859-2056 (within the United States) or (404) 537-3406 for international calls.

  • Meritor, Inc. Announces Conversion Option for 7.875% Convertible Senior Notes Due 2026
    PR Newswire23 days ago

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

    TROY, Mich., Dec. 29, 2017 /PRNewswire/ -- Meritor, Inc. (NYSE: 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 January 1, 2018 and prior to the close of business on March 30, 2018 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 December 29, 2017 was greater than 120% of the conversion price in effect on December 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.

  • Why Is Meritor (MTOR) Down 5.6% Since the Last Earnings Report?
    Zackslast month

    Why Is Meritor (MTOR) Down 5.6% Since the Last Earnings Report?

    Meritor (MTOR) reported earnings more than a month ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Meritor (MTOR) Unveils Products Under the New Mach Brand
    Zackslast month

    Meritor (MTOR) Unveils Products Under the New Mach Brand

    Meritor (MTOR) launches products under the new Mach brand with an aim to offer cost-effective vehicle parts for its customers.

  • Meritor® Launches First Products in New Mach™ Brand
    PR Newswirelast month

    Meritor® Launches First Products in New Mach™ Brand

    TROY, Mich. , Dec. 11, 2017 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced the availability of the first products under its new Mach value brand that includes approximately 2,000 part numbers ...

  • Barrons.comlast month

    Get It in Gear: Why GM & Tesla Can Keep Climbing

    Piper Jaffray's Alexander Potter and Winnie Dong have an update on the auto sector today, naming Meritor (MTOR) and General Motors (GM) as their top picks. Potter writes that he uses the ACES framework--Automation (A), Connectivity (C), Electrification (E), and Sharing (S)--to evaluate how auto companies are exposed to and dealing with these disruptive trends.

  • Meritor (MTOR) Invests in TransPower to Boost EV Platform
    Zackslast month

    Meritor (MTOR) Invests in TransPower to Boost EV Platform

    Meritor (MTOR) invests in electrification technology company TransPower, which is likely to provide a competitive edge to the former in developing electrical drive systems.

  • Meritor Announces Investment in TransPower to Accelerate Electrical Vehicle Platforms
    PR Newswirelast month

    Meritor Announces Investment in TransPower to Accelerate Electrical Vehicle Platforms

    TROY, Mich. , Dec. 7, 2017 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR ) today announced a strategic investment in TransPower, a leader in electrification technologies for large commercial vehicles. Terms ...

  • Meritor® Launches Driveshaft on Demand Program
    PR Newswire2 months ago

    Meritor® Launches Driveshaft on Demand Program

    TROY, Mich. , Nov. 28, 2017 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR ) today announced Driveshaft on Demand, a quick and economical replacement program for Meritor Xtended Lube MXL™ and Permalube™ RPL ...

  • GlobeNewswire2 months ago

    Investor Expectations to Drive Momentum within Meritor, Bloomin' Brands, LaSalle Hotel Properties, Northern Trust, Quanta Services, and BioMarin Pharmaceutical — Discovering Underlying Factors of Influence

    NEW YORK, Nov. 17, 2017-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Meritor, ...

  • Auto Stock Roundup: MGA, AAP, WPRT, MTOR Beat on Earnings, SUP Misses, GM in Focus
    Zacks2 months ago

    Auto Stock Roundup: MGA, AAP, WPRT, MTOR Beat on Earnings, SUP Misses, GM in Focus

    The earnings season is approaching its end. Magna, Advance Auto Parts, Westport Fuel Systems & Meritor has delivered an earnings beat, while Superior Industries has missed the mark.

  • Meritor (MTOR) Q4 2017 Earnings Conference Call Transcript
    Motley Fool2 months ago

    Meritor (MTOR) Q4 2017 Earnings Conference Call Transcript

    MTOR earnings call for the period ending September 30, 2017.

  • Meritor (MTOR) Q4 Earnings & Revenues Beat Estimates, Up Y/Y
    Zacks2 months ago

    Meritor (MTOR) Q4 Earnings & Revenues Beat Estimates, Up Y/Y

    Meritor (MTOR) beats on Q4 earnings, driven by revenue growth in both the segments of Commercial Truck & Industrial as well as Aftermarket & Trailer.

  • Associated Press2 months ago

    Meritor tops Street 4Q forecasts

    The Troy, Michigan-based company said it had profit of $2.63 per share. Earnings, adjusted for one-time gains and costs, came to 62 cents per share. The results surpassed Wall Street expectations. The ...

  • Meritor Reports Fourth-Quarter and Fiscal Year 2017 Results
    PR Newswire2 months ago

    Meritor Reports Fourth-Quarter and Fiscal Year 2017 Results

    Fourth Quarter Revenue Increases Approximately 27 Percent Year Over Year TROY, Mich. , Nov. 15, 2017 /PRNewswire/ -- Meritor, Inc. (NYSE:MTOR) today reported financial results for its fourth quarter and ...

  • Should You Buy Meritor (MTOR) Ahead of Earnings?
    Zacks2 months ago

    Should You Buy Meritor (MTOR) Ahead of Earnings?

    Meritor (MTOR) is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat.

  • The Zacks Analyst Blog Highlights: Micron Technology, Meritor, RH, Ultra Clean Holdings and Corcept Therapeutics
    Zacks2 months ago

    The Zacks Analyst Blog Highlights: Micron Technology, Meritor, RH, Ultra Clean Holdings and Corcept Therapeutics

    The Zacks Analyst Blog Highlights: Micron Technology, Meritor, RH, Ultra Clean Holdings and Corcept Therapeutics

  • Meritor Hosts Conference Call and Webcast to Present Fiscal Year 2017 Fourth-Quarter and Full-Year Earnings Results
    PR Newswire3 months ago

    Meritor Hosts Conference Call and Webcast to Present Fiscal Year 2017 Fourth-Quarter and Full-Year Earnings Results

    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.

  • Meritor Launches Axle for Transit Bus & Military Duty Cycles
    Zacks3 months ago

    Meritor Launches Axle for Transit Bus & Military Duty Cycles

    Meritor (MTOR) announces the launch of next generation 79000 single-reduction drive axle; ProTec Series 50 range of beam axles for the military use.

  • Meritor® Launches 79000 Axle for Transit Bus Segment
    PR Newswire3 months ago

    Meritor® Launches 79000 Axle for Transit Bus Segment

    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.

  • Meritor® Launches ProTec Series 50 Beam Axles Optimized for Military Duty Cycles
    PR Newswire3 months ago

    Meritor® Launches ProTec Series 50 Beam Axles Optimized for Military Duty Cycles

    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 ...

  • The Zacks Analyst Blog Highlights: Fox Factory Holding, PACCAR, Dana, Meritor and Ferrari
    Zacks4 months ago

    The Zacks Analyst Blog Highlights: Fox Factory Holding, PACCAR, Dana, Meritor and Ferrari

    The Zacks Analyst Blog Highlights: Fox Factory Holding, PACCAR, Dana, Meritor and Ferrari