What is Roth Capital's Forecast for SMP FY2025 Earnings?

Key Points

• Roth Capital raised its FY2025 earnings per share (EPS) estimate for Standard Motor Products to $3.85, up from $3.60, while the current consensus estimate is $3.08 EPS.
• The company reported quarterly earnings of $1.29 EPS, exceeding estimates of $0.97, with revenues of $493.85 million, up 26.7% year-over-year.
• Standard Motor Products declared a quarterly dividend of $0.31 per share, which will yield 3.4% annually, with a high payout ratio of 88.57%.

Standard Motor Products, Inc. (NYSE:SMP - Free Report) - Research analysts at Roth Capital increased their FY2025 earnings per share estimates for shares of Standard Motor Products in a research report issued on Wednesday, August 6th. Roth Capital analyst S. Stember now anticipates that the auto parts company will post earnings per share of $3.85 for the year, up from their prior estimate of $3.60. The consensus estimate for Standard Motor Products' current full-year earnings is $3.08 per share. Roth Capital also issued estimates for Standard Motor Products' Q1 2026 earnings at $0.82 EPS, Q3 2026 earnings at $1.38 EPS, Q4 2026 earnings at $0.67 EPS and FY2026 earnings at $4.30 EPS.

Separately, Wall Street Zen raised Standard Motor Products from a "buy" rating to a "strong-buy" rating in a research report on Saturday, July 26th.

Standard Motor Products Stock Performance

NYSE:SMP traded down $0.62 during midday trading on Thursday, reaching $36.77. 99,234 shares of the company traded hands, compared to its average volume of 174,498. The company has a fifty day moving average price of $31.86 and a 200 day moving average price of $29.10. The company has a debt-to-equity ratio of 0.86, a current ratio of 2.16 and a quick ratio of 0.87. The firm has a market capitalization of $808.50 million, a price-to-earnings ratio of 20.91 and a beta of 0.63. Standard Motor Products has a twelve month low of $21.38 and a twelve month high of $38.19.

Standard Motor Products (NYSE:SMP - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The auto parts company reported $1.29 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.97 by $0.32. The firm had revenue of $493.85 million for the quarter, compared to analyst estimates of $450.21 million. Standard Motor Products had a return on equity of 12.98% and a net margin of 2.39%. The firm's quarterly revenue was up 26.7% on a year-over-year basis. During the same period last year, the company earned $0.98 EPS.

Standard Motor Products Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Friday, August 15th will be given a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date is Friday, August 15th. Standard Motor Products's dividend payout ratio (DPR) is presently 70.45%.

Hedge Funds Weigh In On Standard Motor Products

Several hedge funds and other institutional investors have recently modified their holdings of SMP. Nisa Investment Advisors LLC grew its position in shares of Standard Motor Products by 4,842.1% during the 2nd quarter. Nisa Investment Advisors LLC now owns 939 shares of the auto parts company's stock valued at $29,000 after acquiring an additional 920 shares during the period. Aquatic Capital Management LLC bought a new stake in shares of Standard Motor Products in the 4th quarter worth about $30,000. PNC Financial Services Group Inc. increased its holdings in shares of Standard Motor Products by 188.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,295 shares of the auto parts company's stock worth $57,000 after buying an additional 1,499 shares during the last quarter. Central Pacific Bank Trust Division boosted its stake in shares of Standard Motor Products by 68.0% during the 1st quarter. Central Pacific Bank Trust Division now owns 4,200 shares of the auto parts company's stock worth $105,000 after purchasing an additional 1,700 shares during the period. Finally, Harbor Capital Advisors Inc. purchased a new stake in Standard Motor Products in the 1st quarter valued at about $110,000. 81.26% of the stock is owned by institutional investors.

About Standard Motor Products

Standard Motor Products, Inc manufactures and distributes replacement automotive parts in the United States and internationally. The company operates through three segments: Vehicle Control, Temperature Control, and Engineered Solutions segments. The company provides components for the ignition, emissions, and fuel delivery systems, such as air injection and induction components, air management valves, regulators and solenoids, exhaust gas recirculation components, fuel injectors and related components, fuel valves, ignition coils, connectors and sockets, modules, pumps, relays and fuses, starting and charging system parts, and vapor and purge components.