21.38 0.00 (0.00%)
After hours: 4:19PM EDT
|Bid||20.50 x 1000|
|Ask||22.12 x 500|
|Day's range||21.25 - 21.73|
|52-week range||14.97 - 29.54|
|PE ratio (TTM)||7.09|
|Earnings date||3 May 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||30.00|
TROY, Mich., April 9, 2018 /PRNewswire/ -- Meritor, Inc. (MTOR) will host a conference call and webcast to discuss the company's second-quarter results for fiscal year 2018 on Thursday, May 3 at 9 a.m. ET. To participate, call (844) 412-1003 (within the United States) or (216) 562-0450 (international) at least 10 minutes prior to the start of the call. Please reference conference ID 6496728 when registering.
TROY, Mich., April 3, 2018 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced its authorized drive axle carrier rebuilders in Canada are listed on TruckDown.com's locator map to help end-users with a breakdown quickly identify the nearest dealer or wholesale distributor stocking the replacement parts. Capital Gear, Coast Powertrain, Ltd., ULT Powertrain and The Gear Centre and their combined 24 locations across Canada are the first in a network of companies in Meritor's North America Authorized Rebuilder Program that rebuild Meritor 145, 14X ™ and 160 products. TruckDown.com's service locator resources are available to all online and TruckDown app users.
TROY, Mich., March 29, 2018 /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 April 2, 2018 and prior to the close of business on June 29, 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 March 29, 2018 was greater than 120% of the conversion price in effect on March 29, 2018. 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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TROY, Mich., March 12, 2018 /PRNewswire/ -- Meritor, Inc. (MTOR) today announced a number of executive appointments, effective immediately. "The changes we are announcing today will further align our resources and strengthen our ability to drive strong operational execution, achieve our strategic objectives and capitalize on our significant growth opportunities around the world," said Jay Craig, CEO and president. Kevin Nowlan has been appointed senior vice president and president, Trailer and Components.
TROY, Mich., March 6, 2018 /PRNewswire/ -- Meritor® (NYSE: MTOR) announced today it has earned Heavy Duty Trucking (HDT) magazine's 2018 Top 20 Product Award for its 14X™ HE high efficiency tandem drive axle. The award honors the most innovative and significant new products that address industry issues and help fleets improve their bottom line, according to Deborah Lockridge, HDT editor-in-chief. HDT announced the awards at the Technology and Maintenance Council's 2018 Annual Meeting & Transportation Technology Exhibition in Atlanta, Georgia.
TROY, Mich. , March 5, 2018 /PRNewswire/ -- Meritor ® (NYSE: MTOR) announced today that EX+ L air disc brakes will be standard on all wheel positions for Daimler Trucks North America's (DTNA) Freightliner ...
Meritor (MTOR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
TROY, Mich., Feb. 8, 2018 /PRNewswire/ -- Meritor, Inc. (MTOR) today announced its P600 tridem planetary axle ranked as one of OEM Off-Highway magazine's Top 10 New Products of 2017, surpassing almost 5,000 products and services from more than 1,800 global companies listed in the magazine's Component Directory. The P600 is the only axle to reach the magazine's top 10 in 2017. "Customers are clearly benefitting from the P600's strength, multiple layers of configurability, low-cost serviceability and the confidence it inspires in the most demanding applications," said Steve Luepke, director, Off-Highway for Meritor.
Boosted by a 148% spike in earnings growth, top-rated automotive stock Meritor is trying to rev up a return to its new buy zone.
NEW YORK, Feb. 08, 2018-- 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, ...
TROY, Mich. , Feb. 6, 2018 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR ) today announced a new line of high-quality gear sets at aftermarket prices for Meritor 145 and 160 series axles. The new line, built ...
Meritor (MTOR) beats on Q1 earnings, driven by revenue growth at both Commercial Truck & Industrial as well as Aftermarket & Trailer segments.
PACCAR (PCAR), Harley-Davidson (HOG), Autoliv (ALV), Johnson Controls (JCI) and Meritor (MTOR) report better-than-expected earnings and revenues.
Thanks to its commercial truck business, Meritor drove revenue higher and powered its bottom line to beat Wall Street estimates.
On a per-share basis, the Troy, Michigan-based company said it had a loss of 41 cents. Earnings, adjusted for pretax expenses and to extinguish debt, came to 62 cents per share. The results beat Wall Street ...
Revenue Grows 29 Percent Year Over Year On Strong Markets and New Business TROY, Mich. , Jan. 31, 2018 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR ) today reported financial results for its first fiscal ...
Meritor (MTOR) to introduce products at affordable prices under its Aftermarket parts brands. Additionally, it launches a new portfolio of air springs for commercial vehicle applications.