What is Zacks Research's Forecast for SMP FY2025 Earnings?

Standard Motor Products, Inc. (NYSE:SMP - Free Report) - Stock analysts at Zacks Research upped their FY2025 earnings estimates for shares of Standard Motor Products in a research report issued on Thursday, May 29th. Zacks Research analyst R. Department now anticipates that the auto parts company will earn $3.57 per share for the year, up from their previous forecast of $3.52. The consensus estimate for Standard Motor Products' current full-year earnings is $3.08 per share. Zacks Research also issued estimates for Standard Motor Products' Q4 2025 earnings at $0.43 EPS, Q2 2026 earnings at $1.37 EPS, Q3 2026 earnings at $1.16 EPS, FY2026 earnings at $4.12 EPS and Q1 2027 earnings at $0.96 EPS.

Separately, Wall Street Zen 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

NYSE SMP traded down $1.19 during trading hours on Monday, hitting $29.11. 238,237 shares of the company's stock traded hands, compared to its average volume of 168,921. The business's fifty day moving average price is $26.19 and its two-hundred day moving average price is $29.12. The company has a current ratio of 2.25, a quick ratio of 0.82 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $639.87 million, a P/E ratio of 17.97 and a beta of 0.62. Standard Motor Products has a 52 week low of $21.38 and a 52 week high of $35.92.

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

Hedge Funds Weigh In On Standard Motor Products

Several large investors have recently added to or reduced their stakes in the company. Rhumbline Advisers lifted its holdings in Standard Motor Products by 8.4% during the first quarter. Rhumbline Advisers now owns 128,896 shares of the auto parts company's stock valued at $3,213,000 after purchasing an additional 9,979 shares in the last quarter. Jane Street Group LLC lifted its holdings in shares of Standard Motor Products by 320.0% in the first quarter. Jane Street Group LLC now owns 64,037 shares of the auto parts company's stock worth $1,596,000 after buying an additional 48,790 shares in the last quarter. Empowered Funds LLC lifted its holdings in shares of Standard Motor Products by 3.0% in the first quarter. Empowered Funds LLC now owns 114,036 shares of the auto parts company's stock worth $2,843,000 after buying an additional 3,352 shares in the last quarter. Dean Capital Management lifted its holdings in shares of Standard Motor Products by 28.1% in the first quarter. Dean Capital Management now owns 67,537 shares of the auto parts company's stock worth $1,684,000 after buying an additional 14,812 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new position in shares of Standard Motor Products in the first quarter worth $214,000. Hedge funds and other institutional investors own 81.26% of the company's stock.

Insider Buying and Selling at Standard Motor Products

In other Standard Motor Products news, EVP Dale Burks sold 11,005 shares of Standard Motor Products stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $27.20, for a total transaction of $299,336.00. Following the transaction, the executive vice president now owns 56,860 shares of the company's stock, valued at $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 is available through the SEC website. Insiders own 5.00% of the company's stock.

Standard Motor Products Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th will be issued a dividend of $0.31 per share. The ex-dividend date is Thursday, May 15th. This represents a $1.24 annualized dividend and a yield of 4.26%. This is an increase from Standard Motor Products's previous quarterly dividend of $0.29. Standard Motor Products's payout ratio is currently 88.57%.

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.