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 has authorized a share buyback program on Saturday, February 10th 2018, which permits the company to buyback $5,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company's management believes its stock is undervalued.

Motorcar Parts of America, Inc. (NASDAQ:MPAA) issued its quarterly earnings data on Thursday, August, 8th. The auto parts company reported $0.05 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.04 by $0.01. The auto parts company had revenue of $108.60 million for the quarter, compared to the consensus estimate of $106.08 million. Motorcar Parts of America had a positive return on equity of 9.93% and a negative net margin of 1.73%. The firm's revenue was up 15.8% compared to the same quarter last year. During the same period last year, the company earned $0.15 earnings per share. View Motorcar Parts of America's Earnings History.

Motorcar Parts of America is scheduled to release their next quarterly earnings announcement on Tuesday, January 14th 2020. View Earnings Estimates for Motorcar Parts of America.

Motorcar Parts of America updated its FY 2020 earnings guidance on Friday, June, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $552-562 million, compared to the consensus revenue estimate of $530.27 million.

2 brokers have issued 12 month price targets for Motorcar Parts of America's shares. Their forecasts range from $28.00 to $28.00. On average, they expect Motorcar Parts of America's share price to reach $28.00 in the next twelve months. This suggests a possible upside of 89.4% from the stock's current price. View Analyst Price Targets for Motorcar Parts of America.

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

News headlines about MPAA stock have been trending positive on Sunday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Motorcar Parts of America earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave media coverage about the auto parts company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the stock's share price in the immediate future. View News Stories for Motorcar Parts of America.

Some companies that are related to Motorcar Parts of America include Standard Motor Products (SMP), Stoneridge (SRI), IOCHPE MAXION S/S (IOCJY), Garrett Motion (GTX), American Axle & Manufact. (AXL), Tower International (TOWR), Cooper-Standard (CPS), Modine Manufacturing (MOD), Tenneco (TEN), Lydall (LDL), Commercial Vehicle Group (CVGI), Horizon Global (HZN), Strattec Security (STRT), Sorl Auto Parts (SORL) and Superior Industries International (SUP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Motorcar Parts of America investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Athabasca Oil (ATH), Chipotle Mexican Grill (CMG), NIC (EGOV), Aegean Marine Petroleum Network (ANW), ALJ Regional (ALJJ), Micron Technology (MU) and Allergan (AGN).

Motorcar Parts of America's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.89%), Private Capital Management LLC (8.69%), Global Alpha Capital Management Ltd. (7.25%), Vanguard Group Inc. (6.47%), Invesco Ltd. (4.86%) and Pzena Investment Management LLC (4.78%). Company insiders that own Motorcar Parts of America stock include Barbara L Whittaker, David Bryan, Duane Franklin Miller, Jeffrey P Mirvis, Joffe Selwyn, Joseph Edwin Ferguson, Rudolph J Borneo, Scott Joseph Adelson 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 Rutabaga Capital Management LLC MA, Kornitzer Capital Management Inc. KS, State of New Jersey Common Pension Fund D, Wells Fargo & Company MN, Kirr Marbach & Co. LLC IN, Price T Rowe Associates Inc. MD, United Services Automobile Association and Bank of New York Mellon Corp. Company insiders that have sold Motorcar Parts of America company stock in the last year include Jeffrey P Mirvis, Joseph Edwin Ferguson, Rudolph J Borneo and Scott Joseph Adelson. View Insider Buying and Selling for Motorcar Parts of America.

MPAA stock was purchased by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, Heartland Advisors Inc., Global Alpha Capital Management Ltd., First Midwest Bank Trust Division, Morgan Stanley, Premier Asset Management LLC, BlackRock Inc. and D. E. Shaw & Co. Inc.. Company insiders that have bought Motorcar Parts of America stock in the last two years include Barbara L Whittaker, David Bryan, Duane Franklin Miller, 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 $14.78.

Motorcar Parts of America has a market capitalization of $279.19 million and generates $472.80 million in revenue each year. The auto parts company earns $-7,850,000.00 in net income (profit) each year or $1.51 on an earnings per share basis. Motorcar Parts of America employs 3,868 workers across the globe.View Additional Information About Motorcar Parts of America.

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]