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

Motorcar Parts of America, Inc. (NASDAQ:MPAA) issued its quarterly earnings results on Monday, February, 11th. The auto parts company reported $0.35 earnings per share for the quarter, missing analysts' consensus estimates of $0.38 by $0.03. The auto parts company earned $124.10 million during the quarter, compared to analysts' expectations of $115.98 million. Motorcar Parts of America had a return on equity of 10.42% and a net margin of 0.99%. The company's revenue was up 20.6% on a year-over-year basis. During the same period last year, the company posted $0.34 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 Thursday, June 13th 2019. View Earnings Estimates for Motorcar Parts of America.

3 brokerages have issued 1 year price objectives for Motorcar Parts of America's shares. Their forecasts range from $25.00 to $28.00. On average, they anticipate Motorcar Parts of America's share price to reach $26.50 in the next twelve months. This suggests a possible upside of 23.6% 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 headlines about MPAA stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Motorcar Parts of America earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned news coverage about the auto parts company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term.

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

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), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), Aegean Marine Petroleum Network (ANW), Micron Technology (MU), Express (EXPR) and Gran Tierra Energy (GTE).

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 (2.70%), Foundry Partners LLC (1.64%), Kirr Marbach & Co. LLC IN (1.39%), National Investment Services Inc. WI (0.26%) and First Hawaiian Bank (0.04%). 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, 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 Foundry Partners LLC and 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, Rudolph J Borneo and Scott Joseph Adelson. View Insider Buying and Selling for Motorcar Parts of America.

MPAA stock was bought by a variety of institutional investors in the last quarter, including National Investment Services Inc. WI, Kirr Marbach & Co. LLC IN 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, 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 $21.44.

Motorcar Parts of America has a market capitalization of $403.26 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]