NASDAQ:MPAA - Motorcar Parts of America Stock Price, Price Target & More

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

Motorcar Parts of America announced that its board has approved a stock repurchase program on Saturday, February 10th 2018, which authorizes the company to repurchase $5,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board of directors believes its stock is undervalued.

Motorcar Parts of America, Inc. (NASDAQ:MPAA) announced its quarterly earnings data on Thursday, June, 14th. The auto parts company reported $0.56 EPS for the quarter, missing analysts' consensus estimates of $0.68 by $0.12. The auto parts company had revenue of $121.10 million for the quarter, compared to the consensus estimate of $123.86 million. Motorcar Parts of America had a net margin of 3.81% and a return on equity of 12.45%. The business's revenue was up 5.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.58 earnings per share. View Motorcar Parts of America's Earnings History.

3 analysts have issued 1 year target prices 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. This suggests a possible upside of 67.6% from the stock's current price. View Analyst Ratings 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 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Motorcar Parts of America include Gentherm (THRM), Standard Motor Products (SMP), Stoneridge (SRI), Modine Manufacturing (MOD), Lydall (LDL), Iochpe-Maxion (IOCJY), 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), China Zenix Auto International (ZX) and Adomani (ADOM).

Media stories about MPAA stock have been trending somewhat positive on Wednesday, according to Accern. The research group ranks the sentiment of press coverage by monitoring more than twenty 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 nearest to one being the most favorable. Motorcar Parts of America earned a news impact score of 0.20 on Accern's scale. They also assigned news stories about the auto parts company an impact score of 46.01 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Motorcar Parts of America's stock is owned by a number of of institutional and retail investors. Top institutional investors include Kirr Marbach & Co. LLC IN (1.40%). 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 Kirr Marbach & Co. LLC IN. 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 $19.89.

Motorcar Parts of America has a market capitalization of $374.84 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.

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]