Standard Motor Products (SMP) to Release Quarterly Earnings on Wednesday

Standard Motor Products (NYSE:SMP - Get Free Report) is scheduled to be releasing its earnings data before the market opens on Wednesday, May 1st. Analysts expect Standard Motor Products to post earnings of $0.40 per share for the quarter. Investors that wish to register for the company's conference call can do so using this link.

Standard Motor Products (NYSE:SMP - Get Free Report) last issued its quarterly earnings data on Thursday, February 22nd. The auto parts company reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by ($0.25). The business had revenue of $290.76 million during the quarter, compared to analyst estimates of $313.84 million. Standard Motor Products had a net margin of 2.51% and a return on equity of 10.09%. On average, analysts expect Standard Motor Products to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Standard Motor Products Stock Down 0.6 %

SMP stock traded down $0.18 during mid-day trading on Tuesday, hitting $32.10. 141,390 shares of the company were exchanged, compared to its average volume of 127,203. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.78 and a current ratio of 2.45. Standard Motor Products has a 1-year low of $30.09 and a 1-year high of $41.71. The firm's 50 day simple moving average is $32.68 and its 200 day simple moving average is $35.92. The firm has a market cap of $724.82 million, a P/E ratio of 21.13 and a beta of 0.61.

Standard Motor Products Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Thursday, February 15th were issued a dividend of $0.29 per share. The ex-dividend date of this dividend was Wednesday, February 14th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.61%. Standard Motor Products's payout ratio is presently 75.33%.

Analysts Set New Price Targets

Several brokerages recently commented on SMP. TheStreet cut shares of Standard Motor Products from a "b" rating to a "c+" rating in a report on Thursday, February 22nd. StockNews.com raised Standard Motor Products from a "hold" rating to a "buy" rating in a research report on Friday, March 29th.

Standard Motor Products Company Profile

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.