Roth Capital Has Bullish Estimate for SMP FY2025 Earnings

Standard Motor Products, Inc. (NYSE:SMP - Free Report) - Research analysts at Roth Capital lifted their FY2025 EPS estimates for shares of Standard Motor Products in a report released on Thursday, May 1st. Roth Capital analyst S. Stember now expects that the auto parts company will post earnings of $3.60 per share for the year, up from their prior forecast of $3.48. 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' Q2 2026 earnings at $1.20 EPS and Q3 2026 earnings at $1.62 EPS.

Separately, StockNews.com lowered shares of Standard Motor Products from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 3rd.

Standard Motor Products Stock Performance

SMP stock traded up $0.12 during midday trading on Friday, hitting $28.22. The company's stock had a trading volume of 204,081 shares, compared to its average volume of 167,448. Standard Motor Products has a 1 year low of $21.38 and a 1 year high of $35.92. The stock has a market cap of $641.85 million, a price-to-earnings ratio of 17.42 and a beta of 0.57. The stock's 50-day moving average price is $25.30 and its 200 day moving average price is $29.49. The company has a quick ratio of 0.82, a current ratio of 2.25 and a debt-to-equity ratio of 0.21.

Standard Motor Products (NYSE:SMP - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The auto parts company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.44 by $0.37. Standard Motor Products had a net margin of 2.56% and a return on equity of 10.42%. The firm had revenue of $413.38 million during the quarter, compared to analyst estimates of $394.38 million. During the same quarter last year, the business posted $0.45 EPS. The company's revenue for the quarter was up 24.7% on a year-over-year basis.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in SMP. Franklin Resources Inc. purchased a new position in Standard Motor Products during the third quarter valued at approximately $3,876,000. Raymond James Financial Inc. bought a new position in Standard Motor Products in the 4th quarter valued at $2,710,000. American Century Companies Inc. grew its position in shares of Standard Motor Products by 21.1% during the 4th quarter. American Century Companies Inc. now owns 497,258 shares of the auto parts company's stock valued at $15,405,000 after purchasing an additional 86,640 shares in the last quarter. Algert Global LLC bought a new position in shares of Standard Motor Products in the fourth quarter worth $2,524,000. Finally, Bank of New York Mellon Corp raised its position in shares of Standard Motor Products by 26.7% in the fourth quarter. Bank of New York Mellon Corp now owns 331,078 shares of the auto parts company's stock worth $10,257,000 after buying an additional 69,717 shares in the last quarter. Institutional investors own 81.26% of the company's stock.

Insider Buying and Selling at Standard Motor Products

In other news, EVP Dale Burks sold 11,005 shares of Standard Motor Products stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $27.20, for a total value of $299,336.00. Following the completion of the transaction, the executive vice president now directly owns 56,860 shares in the company, valued at approximately $1,546,592. The trade was a 16.22 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 5.00% of the company's stock.

Standard Motor Products Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Thursday, May 15th will be paid a $0.31 dividend. This is a boost from Standard Motor Products's previous quarterly dividend of $0.29. This represents a $1.24 dividend on an annualized basis and a yield of 4.39%. The ex-dividend date is Thursday, May 15th. Standard Motor Products's payout ratio is currently 88.57%.

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.