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 declared 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 reacquire shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.

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

3 analysts have issued 12-month price objectives for Motorcar Parts of America's stock. Their predictions range from $22.00 to $39.00. On average, they anticipate Motorcar Parts of America's share price to reach $33.3333 in the next year. 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 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), Adomani (ADOM) and Regency Affiliates (RAFI).

Media coverage about MPAA stock has trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research firm rates the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Motorcar Parts of America earned a news sentiment score of 0.08 on Accern's scale. They also assigned media stories about the auto parts company an impact score of 45.30 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Motorcar Parts of America's stock is owned by a number of of institutional and retail investors. Top institutional shareholders 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 $365.58 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]