
Monro (MNRO) Stock Forecast & Price Target
Monro (MNRO) Analyst Ratings
Bulls say
Monro Inc's positive outlook is supported by its strong cash flow and solid balance sheet, indicating potential for a financial turnaround despite existing obligations. The company is positioned to benefit from a structural market shift towards Tier 3 and Tier 4 tires, which may offer opportunities to increase tire sales in a challenging macroeconomic environment. Additionally, improvements in service sales through better utilization of traffic, as well as the continued development of its ConfiDrive courtesy inspection tool, present avenues for growth as Monro seeks to enhance its operational efficiency and customer retention.
Bears say
Monro Inc faces significant challenges that contribute to a negative outlook on its stock, primarily stemming from potential product shortages and a shift in consumer demand due to the rise of electric vehicles, which may reduce the need for traditional automotive services. The company's dependency on tire distributors could lead to business disruptions and decreased margins if it is forced to diversify suppliers. Additionally, the lack of clear guidance on quarterly and full-year expectations raises concerns about its growth and profitability, with indications that the company may struggle to maintain sufficient operational performance across new and existing stores.
This aggregate rating is based on analysts' research of Monro and is not a guaranteed prediction by Public.com or investment advice.
Monro (MNRO) Analyst Forecast & Price Prediction
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