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Monro, Inc. (MNRO): A Bull Case Theory

We came across a bullish thesis on Monro, Inc. (MNRO) on Enterprising Investor’s Substack. In this article, we will summarize the bulls’ thesis on MNRO. Monro, Inc. (MNRO)'s share was trading at $12.66 as of 23rd May. MNRO’s trailing and forward P/E were 19.78 and 15.82 respectively according to Yahoo Finance.

[caption id="attachment_520340" align="aligncenter" width="750"] Copyright: baranq / 123RF Stock Photo[/caption]

Monro (MNRO), previously highlighted when trading at $30 with an estimated fair value of $27, has since declined to $12.80, prompting a fresh look at the...