NASDAQ:MPAA - Motorcar Parts of America Stock Price, News, & Analysis

Motorcar Parts of America trades on the NASDAQ under the ticker symbol "MPAA."

Motorcar Parts of America announced that its Board of Directors has initiated a stock buyback program on Saturday, February 10th 2018, which permits the company to repurchase $5,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's board of directors believes its shares are undervalued.

Motorcar Parts of America, Inc. (NASDAQ:MPAA) released its earnings results on Thursday, August, 9th. The auto parts company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.21 by $0.06. The auto parts company earned $92.57 million during the quarter, compared to analysts' expectations of $95.73 million. Motorcar Parts of America had a return on equity of 10.53% and a net margin of 0.86%. The business's quarterly revenue was down 3.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.43 earnings per share. View Motorcar Parts of America's Earnings History.

3 analysts have issued twelve-month price objectives for Motorcar Parts of America's stock. Their predictions range from $25.00 to $39.00. On average, they anticipate Motorcar Parts of America's share price to reach $32.00 in the next twelve months. This suggests a possible upside of 91.3% from the stock's current price. View Analyst Price Targets for Motorcar Parts of America.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Motorcar Parts of America in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Motorcar Parts of America.

News coverage about MPAA stock has trended somewhat positive recently, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Motorcar Parts of America earned a daily sentiment score of 0.7 on InfoTrie's scale. They also gave media stories about the auto parts company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the immediate future.

Some companies that are related to Motorcar Parts of America include Standard Motor Products (SMP), Garrett Motion (GTX), Stoneridge (SRI), Modine Manufacturing (MOD), Tower International (TOWR), Lydall (LDL), Commercial Vehicle Group (CVGI), Superior Industries International (SUP), Strattec Security (STRT), China Automotive Systems (CAAS), Sorl Auto Parts (SORL), Horizon Global (HZN), Regency Affiliates (RAFI), Adomani (ADOM) and QF Liquidation (QTWWQ).

Motorcar Parts of America's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.41%), Dimensional Fund Advisors LP (8.42%), Private Capital Management LLC (7.71%), Global Alpha Capital Management Ltd. (3.98%), SG Capital Management LLC (3.09%) and Kornitzer Capital Management Inc. KS (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, Richard K Mochulsky, Rudolph J Borneo and Timothy D Vargo. View Institutional Ownership Trends for Motorcar Parts of America.

MPAA stock was sold by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, Thompson Siegel & Walmsley LLC, Kornitzer Capital Management Inc. KS, Morgan Stanley, Foundry Partners LLC, Comerica Bank, FMR LLC and Credit Suisse AG. Company insiders that have sold Motorcar Parts of America company stock in the last year include Jeffrey P Mirvis, Joseph Edwin Ferguson and Rudolph J Borneo. View Insider Buying and Selling for Motorcar Parts of America.

MPAA stock was acquired by a variety of institutional investors in the last quarter, including SG Capital Management LLC, Global Alpha Capital Management Ltd., BlackRock Inc., Dimensional Fund Advisors LP, Private Capital Management LLC, Group One Trading L.P., Equitable Trust Co. and National Investment Services Inc. WI. 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.

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.

One share of MPAA stock can currently be purchased for approximately $16.73.

Motorcar Parts of America has a market capitalization of $318.74 million and generates $428.07 million in revenue each year. The auto parts company earns $16.31 million in net income (profit) each year or $1.70 on an earnings per share basis. Motorcar Parts of America employs 2,996 workers across the globe.

The official website for Motorcar Parts of America is http://www.motorcarparts.com.

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]