
Motorcar Parts of America, Inc. (NASDAQ:MPAA - Free Report) - Cantor Fitzgerald lowered their FY2026 EPS estimates for shares of Motorcar Parts of America in a research note issued on Tuesday, August 12th. Cantor Fitzgerald analyst D. Soderberg now forecasts that the auto parts company will post earnings of $1.33 per share for the year, down from their prior estimate of $1.52. The consensus estimate for Motorcar Parts of America's current full-year earnings is $0.37 per share.
Several other analysts also recently issued reports on the stock. Wall Street Zen raised shares of Motorcar Parts of America from a "buy" rating to a "strong-buy" rating in a research note on Friday, May 16th. Zacks Research raised shares of Motorcar Parts of America to a "strong-buy" rating in a report on Friday, August 8th.
Check Out Our Latest Research Report on Motorcar Parts of America
Motorcar Parts of America Stock Performance
Shares of NASDAQ:MPAA traded down $0.46 during midday trading on Thursday, hitting $13.74. The company had a trading volume of 123,963 shares, compared to its average volume of 161,244. The company has a market cap of $265.87 million, a price-to-earnings ratio of 196.31 and a beta of 1.39. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.44 and a quick ratio of 0.42. The company has a fifty day moving average of $11.43 and a two-hundred day moving average of $10.30. Motorcar Parts of America has a 12-month low of $5.16 and a 12-month high of $15.04.
Institutional Investors Weigh In On Motorcar Parts of America
Hedge funds and other institutional investors have recently bought and sold shares of the stock. BNP Paribas Financial Markets increased its stake in shares of Motorcar Parts of America by 2,191.3% during the 2nd quarter. BNP Paribas Financial Markets now owns 2,887 shares of the auto parts company's stock worth $32,000 after purchasing an additional 2,761 shares in the last quarter. Police & Firemen s Retirement System of New Jersey bought a new position in shares of Motorcar Parts of America in the 2nd quarter worth about $45,000. Balyasny Asset Management L.P. acquired a new stake in shares of Motorcar Parts of America in the 4th quarter worth about $88,000. Charles Schwab Investment Management Inc. acquired a new stake in shares of Motorcar Parts of America in the 1st quarter worth about $95,000. Finally, OMERS ADMINISTRATION Corp acquired a new position in Motorcar Parts of America during the 4th quarter valued at about $97,000. 83.48% of the stock is currently owned by institutional investors and hedge funds.
About Motorcar Parts of America
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Motorcar Parts of America, Inc manufactures, remanufactures, and distributes heavy-duty truck, industrial, marine, and agricultural application replacement parts in the United States. The company offers rotating electrical products, including alternators and starters; wheel hub assemblies and bearings; and brake-related products comprising brake calipers, brake boosters, brake rotors, brake pads, and brake master cylinders.
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