About Motorcar Parts of America (NASDAQ:MPAA)
Motorcar Parts of America, Inc. manufactures, remanufactures, and distributes automotive aftermarket parts. The company offers rotating electrical products, including alternators and starters; wheel hub assemblies and bearings; brake master cylinders; and other products, such as turbochargers and brake power boosters for import and domestic cars, light trucks, heavy duty, agricultural, and industrial applications. It sells its products to automotive retail chain stores and warehouse distributors; and the professional repair market, as well as various automobile manufacturers for their aftermarket programs and warranty replacement programs in North America. The company was founded in 1968 and is headquartered in Torrance, California.
Industry, Sector and Symbol
Industry Motor vehicle parts & accessories
Trailing P/E Ratio11.29
Forward P/E Ratio8.53
Sales & Book Value
Annual Sales$428.07 million
Price / Sales0.86
Cash Flow$2.6016 per share
Price / Cash7.38
Book Value$13.30 per share
Price / Book1.44
EPS (Most Recent Fiscal Year)$1.70
Net Income$37.57 million
Return on Equity12.56%
Return on Assets7.35%
Motorcar Parts of America (NASDAQ:MPAA) Frequently Asked Questions
What is Motorcar Parts of America's stock symbol?
Motorcar Parts of America trades on the NASDAQ under the ticker symbol "MPAA."
How will Motorcar Parts of America's stock buyback program work?
Motorcar Parts of America announced that its Board of Directors has approved a share buyback program on Saturday, February 10th 2018, which allows the company to buyback $5,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its stock is undervalued.
How were Motorcar Parts of America's earnings last quarter?
Motorcar Parts of America, Inc. (NASDAQ:MPAA) released its quarterly earnings results on Thursday, June, 14th. The auto parts company reported $0.56 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.68 by $0.12. The auto parts company had revenue of $121.10 million for the quarter, compared to analysts' expectations of $123.86 million. Motorcar Parts of America had a return on equity of 12.56% and a net margin of 3.81%. The firm's revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.58 EPS. View Motorcar Parts of America's Earnings History.
What price target have analysts set for MPAA?
3 brokers have issued 1 year price targets for Motorcar Parts of America's shares. Their forecasts range from $22.00 to $39.00. On average, they anticipate Motorcar Parts of America's stock price to reach $33.3333 in the next twelve months. View Analyst Ratings for Motorcar Parts of America.
Who are some of Motorcar Parts of America's key competitors?
Some companies that are related to Motorcar Parts of America include Gentherm (THRM), Standard Motor Products (SMP), Modine Manufacturing (MOD), Stoneridge (SRI), Iochpe-Maxion (IOCJY), Lydall (LDL), Tower International (TOWR), Superior Industries International (SUP), Commercial Vehicle Group (CVGI), Horizon Global (HZN), China Automotive Systems (CAAS), Strattec Security (STRT), SORL Auto Parts (SORL), Adomani (ADOM) and China Zenix Auto International (ZX).
Who are Motorcar Parts of America's key executives?
Motorcar Parts of America's management team includes the folowing people:
- Mr. Selwyn H. Joffe CPA, Chairman, Pres & CEO (Age 61)
- Mr. David Lee, Chief Financial Officer (Age 48)
- Mr. Michael M. Umansky, VP, Gen. Counsel & Sec. (Age 76)
- Mr. Douglas Schooner, Chief Manufacturing Officer & Sr. VP of Operations for Under-the-Car Product Lines (Age 49)
- Mr. Steven Kratz, VP of New Technologies (Age 63)
Has Motorcar Parts of America been receiving favorable news coverage?
Headlines about MPAA stock have been trending somewhat negative this week, Accern reports. The research group identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Motorcar Parts of America earned a news impact score of -0.13 on Accern's scale. They also assigned news headlines about the auto parts company an impact score of 45.69 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
Who are Motorcar Parts of America's major shareholders?
Motorcar Parts of America's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.12%), Dimensional Fund Advisors LP (7.36%), Fine Capital Partners L.P. (7.28%), Royal Bank of Canada (5.38%), River Road Asset Management LLC (4.97%) and Global Alpha Capital Management Ltd. (2.71%). Company insiders that own Motorcar Parts of America stock include David Bryan, Douglas Earl Schooner, Duane Franklin Miller, Jeffrey P Mirvis, Joffe Selwyn, Joseph Edwin Ferguson, Kevin Gerard Daly, Philip Gay, Richard K Mochulsky, Rudolph J Borneo and Timothy D Vargo. View Institutional Ownership Trends for Motorcar Parts of America.
Which major investors are selling Motorcar Parts of America stock?
MPAA stock was sold by a variety of institutional investors in the last quarter, including Polaris Capital Management LLC, Granite Investment Partners LLC, Comerica Bank, Fine Capital Partners L.P., Northern Trust Corp, BNP Paribas Arbitrage SA, Aperio Group LLC and American International Group Inc.. Company insiders that have sold Motorcar Parts of America company stock in the last year include Douglas Earl Schooner and Rudolph J Borneo. View Insider Buying and Selling for Motorcar Parts of America.
Which major investors are buying Motorcar Parts of America stock?
MPAA stock was purchased by a variety of institutional investors in the last quarter, including Global Alpha Capital Management Ltd., Dimensional Fund Advisors LP, Intrinsic Edge Capital Management LLC, Thompson Siegel & Walmsley LLC, Kornitzer Capital Management Inc. KS, Voce Capital Management LLC, WCM Investment Management CA and Royal Bank of Canada. Company insiders that have bought Motorcar Parts of America stock in the last two years include David Bryan, Duane Franklin Miller, Jeffrey P Mirvis, Joffe Selwyn, Joseph Edwin Ferguson and Timothy D Vargo. View Insider Buying and Selling for Motorcar Parts of America.
How do I buy shares of Motorcar Parts of America?
Shares of MPAA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Motorcar Parts of America's stock price today?
One share of MPAA stock can currently be purchased for approximately $19.20.
How big of a company is Motorcar Parts of America?
Motorcar Parts of America has a market capitalization of $366.22 million and generates $428.07 million in revenue each year. The auto parts company earns $37.57 million in net income (profit) each year or $1.70 on an earnings per share basis. Motorcar Parts of America employs 2,817 workers across the globe.
How can I contact Motorcar Parts of America?
Motorcar Parts of America's mailing address is 2929 CALIFORNIA STREET, TORRANCE CA, 90503. The auto parts company can be reached via phone at 310-212-7910 or via email at [email protected]
MarketBeat Community Rating for Motorcar Parts of America (MPAA)MarketBeat's community ratings are surveys of what our community members think about Motorcar Parts of America and other stocks. Vote "Outperform" if you believe MPAA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MPAA will underperform the S&P 500 over the long term. You may vote once every thirty days.