Motorcar Parts of America - MPAA Stock Forecast, Price & News

Motorcar Parts of America, Inc. manufactures, remanufactures, and distributes heavy-duty truck, industrial, marine, and agricultural application replacement parts. The company offers rotating electrical products, including alternators and starters; wheel hub assemblies and bearings; and brake-related products comprising brake calipers, brake boosters, brake rotors, brake pads, and brake master cylinders. It also offers test solutions and diagnostic equipment for electric vehicle powertrain development and manufacturing, including electric motor test systems, e-axle test systems, advanced power emulators, and charging unit test systems, as well as test systems for alternators, starters, belt starter generator, and bench-top testers, as well as turbochargers and test services for electric vehicle inverters. The company sells its products to automotive retail chain stores and warehouse distributors, as well as various automobile manufacturers for their aftermarket programs and warranty replacement programs in North America. Motorcar Parts of America, Inc. was founded in 1968 and is headquartered in Torrance, California.

Motorcar Parts of America Stock Performance

Shares of NASDAQ:MPAA traded down $0.11 during midday trading on Thursday, hitting $14.40. The company's stock had a trading volume of 1,640 shares, compared to its average volume of 34,765. Motorcar Parts of America has a 1-year low of $12.59 and a 1-year high of $21.80. The firm's fifty day moving average price is $14.38 and its 200-day moving average price is $15.40. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.36 and a current ratio of 1.28. The firm has a market cap of $276.91 million, a P/E ratio of 45.35 and a beta of 1.64.

Motorcar Parts of America (NASDAQ:MPAA - Get Rating) last posted its quarterly earnings results on Tuesday, June 14th. The auto parts company reported $0.17 EPS for the quarter. Motorcar Parts of America had a net margin of 0.95% and a return on equity of 9.75%. The business had revenue of $163.92 million during the quarter, compared to analyst estimates of $150.50 million. On average, sell-side analysts forecast that Motorcar Parts of America will post 1.9 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of Motorcar Parts of America from a "buy" rating to a "hold" rating in a report on Wednesday, June 15th.

Insider Activity at Motorcar Parts of America

In related news, VP Richard K. Mochulsky sold 4,700 shares of Motorcar Parts of America stock in a transaction dated Friday, June 24th. The shares were sold at an average price of $13.19, for a total value of $61,993.00. Following the sale, the vice president now directly owns 7,901 shares in the company, valued at approximately $104,214.19. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 7.70% of the stock is currently owned by insiders.