Analysts Raise Monro Price Target as Revenue Outlook Improves and Valuation Metrics Climb

Analysts have raised their price target for Monro from $17.33 to $17.67. They cite improved profit margins and a lower projected future P/E ratio as key drivers behind this modest increase.

Analysts have raised their price target for Monro from $16.00 to $17.33, citing higher projected revenue growth and a slightly lower discount rate as key factors in the adjustment. Valuation Changes Fair Value Target increased from $16.00 to $17.33, reflecting a higher expected valuation for Monro.

Monro's fair value estimate has declined, primarily reflecting reduced consensus expectations for both revenue growth and future earnings, with the analyst price target falling from $18.00 to $15.67. What's in the News Monro has completed the repurchase of 3,744,817 shares (11.6%) for $140.84 million under its buyback program announced in 2022; no shares were repurchased in the most recent tranche.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget has increased revenue growth from 0.8% to 1.0%, increased profit margin from 2.5% to 2.8% and decreased future PE multiple from 27.1x to 22.3x.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget has decreased revenue growth from 1.3% to 0.8%, decreased profit margin from 3.5% to 2.5% and increased discount rate from 8.6% to 10.2%.