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 repurchase plan on Saturday, February 10th 2018, which authorizes the company to buyback $5,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company's management believes its stock is undervalued.

Motorcar Parts of America, Inc. (NASDAQ:MPAA) released its quarterly earnings data on Tuesday, January, 8th. The auto parts company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.09. The auto parts company had revenue of $127.94 million for the quarter, compared to analyst estimates of $120.63 million. Motorcar Parts of America had a return on equity of 10.81% and a net margin of 0.20%. Motorcar Parts of America's revenue for the quarter was up 16.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.52 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 Friday, February 8th 2019. View Earnings Estimates for Motorcar Parts of America.

Motorcar Parts of America updated its FY 2019 earnings guidance on Tuesday, January, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $464.906-473.636 million, compared to the consensus revenue estimate of $470.32 million.

4 Wall Street analysts have issued 1 year price targets 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 stock price to reach $30.6667 in the next twelve months. This suggests a possible upside of 51.7% from the stock's current price. View Analyst Price Targets for Motorcar Parts of America.

4 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Motorcar Parts of America.

News stories about MPAA stock have trended negative on Thursday, InfoTrie reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Motorcar Parts of America earned a news impact score of -2.8 on InfoTrie's scale. They also assigned media stories about the auto parts company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact on the company's share price in the next several days.

Some companies that are related to Motorcar Parts of America include Gentherm (THRM), Delphi Technologies (DLPH), ChoicePoint (CPS), Standard Motor Products (SMP), Garrett Motion (GTX), IOCHPE MAXION S/S (IOCJY), Stoneridge (SRI), Modine Manufacturing (MOD), Tower International (TOWR), Lydall (LDL), Commercial Vehicle Group (CVGI), Strattec Security (STRT), Superior Industries International (SUP), China Automotive Systems (CAAS) and Horizon Global (HZN).

Motorcar Parts of America's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include SG Capital Management LLC (2.71%), First Midwest Bank Trust Division (0.77%) and First Hawaiian Bank (0.02%). Company insiders that own Motorcar Parts of America stock include Barbara L Whittaker, 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 SG Capital Management LLC. 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 purchased by a variety of institutional investors in the last quarter, including First Midwest Bank Trust Division and First Hawaiian Bank. Company insiders that have bought Motorcar Parts of America stock in the last two years include Barbara L Whittaker, 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 $20.22.

Motorcar Parts of America has a market capitalization of $372.42 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]