How to Buy Monro Stock

Monro Inc

Monro, Inc. provides automotive undercar repair, and tire sales and services in the United States.

Monro stock last closed at $19.78, up 3.51% from the previous day, and has decreased 39.4% in one year. It has underperformed other stocks in the Auto Parts industry by 0.29 percentage points. Monro stock is currently +8.15% from its 52-week low of $18.29, and -41.79% from its 52-week high of $33.98.

As of Feb 14, 2025, there are 29.95M MNRO shares outstanding. The market value of MNRO is $592.40M. In the last 24 hours, 635,578 MNRO shares were traded.

How to Buy Monro Stock

Not sure how to invest in Monro stock? Here's how.

  1. Choose where to buy Monro stock: You need to pick an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you decide where to buy Monro stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Fund your brokerage account: Select your payment method and add your info.
  4. Evaluate Monro stock: The Monro ticker symbol is MNRO. Is Monro stock a good investment? Should you buy shares of MNRO? How do MNRO's underlying business fundamentals look? Do top analysts think Monro is a good buy? Why has MNRO's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if MNRO is a good stock to buy).
  5. Make your MNRO trade: Decide if you will purchase MNRO shares at the current market price or use a limit order to buy MNRO shares at a particular price.
  6. Watch your investment in MNRO: Create a watchlist to get the latest news on your new investment in Monro shares.

Step 1: Choose where to buy Monro stock

You need an online brokerage account to access the NASDAQ market and buy MNRO stock.

A brokerage account enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our favorite brokerage: eToro

Based on our research, eToro is the best brokerage. Here's why:

  • Invest in stocks with zero commissions: Invest without commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
  • Access to global financial markets: From Technology to Energy, New York to Shanghai — you can fill your portfolio with stocks from the globe's leading stock exchanges.
  • Social investing: eToro boasts a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of other investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other assets: Such as ETFs and cryptocurrencies.

Get $10 towards your purchase of shares by signing up for an account with eToro now.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Open a brokerage account

Now that you've chosen your brokerage, it's time to fill out some personal info so you can invest in MNRO today.

How to Start a New Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Enter your personal details to create your new trading account.
  1. Submit your info by pressing the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Fund your brokerage account

Now that you have finished signing up on the stock trading app, you need to deposit funds:

Watch this video walkthrough if you need help transferring funds into your brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Evaluate Monro stock

After you have selected the best place to buy Monro stock, it's important to analyze their stock before you invest, so you can understand the risk and opportunity.

Monro stock at a glance

MNRO Price
$19.78
1w %
4.55%
1y %
-39.4%
5y %
-67.96%
P/E
30.91x
P/B
0.91x
P/S
0.49x
PEG
3.13x
Revenue
$1.21B
Earnings
$19.79M
Fore. Rev. Growth
0.83%
Fore. Earn. Growth
10.97%
Market Cap
$592.40M
Next Earnings
N/A
Next Dividend
N/A

Monro Fundamentals

WallStreetZen was built to help average investors do more accurate fundamental analysis in less time.

You can view all of the due diligence checks on MNRO's stock page.

Is MNRO stock undervalued?

Investors use many financial metrics, analyses, models, and charts to gauge MNRO's fair value.

Using relative valuations measures:

  • MNRO could be undervalued based on its P/E ratio of 30.91x, relative to Auto Parts industry P/E ratio of -2.09x
  • MNRO could be undervalued based on its P/B ratio of 0.91x, relative to Auto Parts industry P/B ratio of 1.59x
  • MNRO could be overvalued based on its PEG ratio of 3.13x

You can access more valuation research on MNRO's stock here.

MNRO Financial Health Summary

Failed Health Checks:

  • MNRO's operating cash flow of $97.72M allows it to safely service it's debt of $538.50M.
  • Total MNRO debt is higher than 5 years ago, relative to shareholder equity.
  • MNRO profit margin has gone down from 2.7% to 1.6% in the past year.
  • There are more short-term liabilities than short-term assets on the MNRO balance sheet.
  • There are more long-term liabilities than short-term assets on the MNRO balance sheet.
  • MNRO earnings of $47.36M is not enough to cover its interest payments.
  • MNRO has a relatively high debt to equity ratio of 1.57.

Do Wall Street analysts think it's a good time to buy Monro stock

Out of 2 Equities analysts who give ratings on MNRO, the consensus analyst rating on Monro is a Hold

It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.

You can dig deeper into what analysts are projecting on the Monro stock forecast page.

MNRO Technicals

SMA10
19.24
SMA20
20.23
SMA50
23.05
SMA100
25.56
SMA200
25.47
MACD
-1.09
MACD Signal
-1.24
MACD Histogram
0.15
RSI
40.27
Stochastic %K
26.12
Stochastic %D
25.67
StochRSI %K
89.77
StochRSI %D
91.47

How are MNRO Revenues/Earnings doing?

Last year, MNRO earnings were $19.79M. During the past 5 year, MNRO's earnings have increased by -22.97% per year. This was slower than the Auto Parts industry average of 5.09%.

Last year, MNRO revenue was $1.21B. During the past 5 year, MNRO's revenue has increased by -0.76% per year. This was slower than the Auto Parts industry average of 7.65%.

You can research MNRO's earnings and revenue performance here.

Who is buying/selling MNRO?

In the last 12 months, executives and large shareholders at MNRO have bought more shares than they have sold.

Michael T. Broderick, CEO President of MNRO, was the latest MNRO insider to buy. They bought $34,531.42 worth of MNRO stock on Aug 8, 2024.

Get more info about who owns MNRO stock here.

Can I get consistent income from MNRO stock?

Monro pays a dividend of 5.66%, compared to the Auto Parts industry's average dividend yield of 2.5%. If you owned $1,000 of MNRO stock, you would have received $56.62 last year.

Monro dividend payments have consistently grown over the past decade and have remained stable.

Dig into more analysis about Monro dividend yield and history here.

MNRO Social Trading Data

One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Make your MNRO trade

There are two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a particular dollar amount, place a limit order.

Press the Open Trade button and eToro will place your order.

If you require more info about buying stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Watch your investment in MNRO

Now that you own some MNRO stock, you'll want to stay up-to-date on your company.

Start a watchlist to get alerted to the latest events about your MNRO stock.

MNRO Feed

How to Buy Stock in Monro

To reiterate, here are the 6 steps to buy stock in Monro:

  1. Choose where to buy Monro stock
  2. Open a brokerage account
  3. Fund your brokerage account
  4. Evaluate Monro stock
  5. Make your MNRO trade
  6. Watch your investment in MNRO

If you require a online brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get updates on your new investment in Monro, hit the button below to create your watchlist.

NASDAQ: MNRO
$19.78+0.67 (+3.51%)
Updated Feb 14, 2025
Open eToro Account
Your capital is at risk.
NASDAQ: MNRO
$19.78+0.67 (+3.51%)
Updated Feb 14, 2025
Open eToro Account
Your capital is at risk.

FAQ

How much does it cost to buy one Monro share?

As of Feb 14, 2025, it costs $19.78 to buy one share of Monro stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $9, you can buy 0.455 shares of MNRO.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Monro stock?

According to 2 Wall Street analysts who monitor Monro, their consensus recommendation is to hold Monro stock.

What is the best way to buy Monro stock?

One way to place an order for Monro stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.