Motorcar Parts of America, Inc. manufactures, remanufactures, and distributes heavy duty trucks, and industrial and agricultural application parts. The company offers rotating electrical products, including alternators and starters; wheel hub assemblies and bearings; brake master cylinders; and other products, such as turbochargers, brake power boosters, and diagnostic equipment. It sells its products to automotive retail chain stores and warehouse distributors, as well as various automobile manufacturers for their aftermarket programs and warranty replacement programs in North America. The company was founded in 1968 and is headquartered in Torrance, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Motor vehicle parts & accessories
Sub-IndustryN/A
SectorAuto/Tires/Trucks
Current SymbolNASDAQ:MPAA
Previous Symbol
CUSIPN/A
Phone310-212-7910
Debt
Debt-to-Equity Ratio0.10
Current Ratio1.46
Quick Ratio0.48
Price-To-Earnings
Trailing P/E Ratio9.82
Forward P/E Ratio8.72
P/E GrowthN/A
Sales & Book Value
Annual Sales$428.07 million
Price / Sales0.74
Cash Flow$1.9338 per share
Price / Cash8.61
Book Value$14.42 per share
Price / Book1.15
Profitability
EPS (Most Recent Fiscal Year)$1.70
Net Income$16.31 million
Net Margins0.86%
Return on Equity10.53%
Return on Assets5.81%
Miscellaneous
Employees2,996
Outstanding Shares18,920,000
Market Cap$336.52 million
OptionableOptionable
Motorcar Parts of America (NASDAQ:MPAA) Frequently Asked Questions
What is Motorcar Parts of America's stock symbol?
Motorcar Parts of America trades on the NASDAQ under the ticker symbol "MPAA."
How will Motorcar Parts of America's stock buyback program work?
Motorcar Parts of America declared that its board has approved a share repurchase program on Saturday, February 10th 2018, which allows the company to buyback $5,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company's board believes its shares are undervalued.
How were Motorcar Parts of America's earnings last quarter?
Motorcar Parts of America, Inc. (NASDAQ:MPAA) issued its earnings results on Thursday, August, 9th. The auto parts company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by $0.06. The auto parts company earned $92.57 million during the quarter, compared to analysts' expectations of $95.73 million. Motorcar Parts of America had a return on equity of 10.53% and a net margin of 0.86%. The company's quarterly revenue was down 3.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.43 EPS. View Motorcar Parts of America's Earnings History.
What price target have analysts set for MPAA?
3 analysts have issued 12-month target prices for Motorcar Parts of America's stock. Their forecasts range from $25.00 to $39.00. On average, they anticipate Motorcar Parts of America's share price to reach $32.00 in the next twelve months. This suggests a possible upside of 92.2% from the stock's current price. View Analyst Price Targets for Motorcar Parts of America.
What is the consensus analysts' recommendation 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.
Has Motorcar Parts of America been receiving favorable news coverage?
Media coverage about MPAA stock has been trending somewhat positive recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media 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 -5 to 5, with scores closest to five being the most favorable. Motorcar Parts of America earned a news sentiment score of 1.5 on InfoTrie's scale. They also gave press coverage about the auto parts company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near future.
Who are some of Motorcar Parts of America's key competitors?
Some companies that are related to Motorcar Parts of America include ChoicePoint (CPS), American Axle & Manufact. (AXL), 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), Superior Industries International (SUP), Strattec Security (STRT), China Automotive Systems (CAAS), Sorl Auto Parts (SORL) and Horizon Global (HZN).
Who are Motorcar Parts of America's key executives?
Motorcar Parts of America's management team includes the folowing people:
- Mr. Selwyn H. Joffe, Chairman, Pres & CEO (Age 61)
- Mr. David Lee, Chief Financial Officer (Age 48)
- Mr. Michael M. Umansky, VP, Gen. Counsel & Sec. (Age 76)
- Mr. Douglas Schooner, Chief Manufacturing Officer & Sr. VP of Operations for Under-the-Car Product Lines (Age 49)
- Mr. Kevin Daly, Chief Accounting Officer (Age 58)
Who are Motorcar Parts of America's major shareholders?
Motorcar Parts of America's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.41%), Dimensional Fund Advisors LP (8.42%), Private Capital Management LLC (7.71%), Global Alpha Capital Management Ltd. (3.98%), SG Capital Management LLC (3.09%) and Kornitzer Capital Management Inc. KS (2.71%). 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.
Which major investors are selling Motorcar Parts of America stock?
MPAA stock was sold by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, Thompson Siegel & Walmsley LLC, Kornitzer Capital Management Inc. KS, Foundry Partners LLC, Comerica Bank, FMR LLC, Credit Suisse AG and TIAA CREF Investment 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.
Which major investors are buying Motorcar Parts of America stock?
MPAA stock was bought by a variety of institutional investors in the last quarter, including SG Capital Management LLC, Global Alpha Capital Management Ltd., BlackRock Inc., Dimensional Fund Advisors LP, Private Capital Management LLC, Group One Trading L.P., Equitable Trust Co. and National Investment Services Inc. WI. Company insiders that have bought Motorcar Parts of America stock in the last two years include 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.
How do I buy shares of 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.
What is Motorcar Parts of America's stock price today?
One share of MPAA stock can currently be purchased for approximately $16.65.
How big of a company is Motorcar Parts of America?
Motorcar Parts of America has a market capitalization of $336.52 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.
What is Motorcar Parts of America's official website?
How can I contact Motorcar Parts of America?
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]
MarketBeat Community Rating for Motorcar Parts of America (NASDAQ MPAA)
MarketBeat's community ratings are surveys of what our community members think about Motorcar Parts of America and other stocks. Vote "Outperform" if you believe MPAA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MPAA will underperform the S&P 500 over the long term. You may vote once every thirty days.
