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
Industry Motor vehicle parts & accessories
Sub-IndustryN/A
SectorAuto/Tires/Trucks
Phone310-212-7910
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$428.07 million
Profitability
Miscellaneous
Employees2,996
Next Earnings Date6/13/2019 (Estimated)
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 authorized a share buyback program 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 purchase shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board believes its stock is undervalued.
How were Motorcar Parts of America's earnings last quarter?
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 (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.38 by $0.03. The auto parts company earned $124.10 million during the quarter, compared to the consensus estimate 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 quarterly revenue was up 20.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.34 earnings per share. View Motorcar Parts of America's Earnings History.
When is Motorcar Parts of America's next earnings date?
What guidance has Motorcar Parts of America issued on next quarter's earnings?
Motorcar Parts of America issued an update on its FY 2019 earnings guidance on Tuesday, January, 8th. The company provided EPS 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.
What price target have analysts set for MPAA?
3 equities research analysts have issued 12 month target prices for Motorcar Parts of America's stock. Their predictions range from $25.00 to $28.00. On average, they expect Motorcar Parts of America's stock price to reach $26.50 in the next twelve months. This suggests a possible upside of 32.6% 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?
News coverage about MPAA stock has been trending negative this week, InfoTrie Sentiment reports. The research group rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Motorcar Parts of America earned a news impact score of -2.5 on InfoTrie's scale. They also assigned news headlines about the auto parts company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near term.
Who are some of Motorcar Parts of America's key competitors?
Some companies that are related to Motorcar Parts of America include Gentherm (THRM), Adient (ADNT), Standard Motor Products (SMP), Garrett Motion (GTX), IOCHPE MAXION S/S (IOCJY), Cooper-Standard (CPS), Stoneridge (SRI), Modine Manufacturing (MOD), Tower International (TOWR), Lydall (LDL), Commercial Vehicle Group (CVGI), Superior Industries International (SUP), China Automotive Systems (CAAS), Strattec Security (STRT) and Sorl Auto Parts (SORL).
What other stocks do shareholders of Motorcar Parts of America own?
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 62)
- Mr. David Lee, Chief Financial Officer (Age 49)
- Mr. Michael M. Umansky, VP, Gen. Counsel & Sec. (Age 77)
- Mr. Douglas Schooner, Chief Manufacturing Officer & Sr. VP of Operations for Under-the-Car Product Lines (Age 50)
- Mr. Kevin Daly, Chief Accounting Officer (Age 59)
Who are Motorcar Parts of America's major shareholders?
Motorcar Parts of America's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.90%), Dimensional Fund Advisors LP (8.48%), Dimensional Fund Advisors LP (8.48%), Global Alpha Capital Management Ltd. (5.06%), River Road Asset Management LLC (4.83%) and SG Capital Management LLC (2.71%). 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, Rudolph J Borneo, Scott Joseph Adelson 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 SG Capital Management LLC, Kornitzer Capital Management Inc. KS, Bank of New York Mellon Corp, Raymond James & Associates, Voce Capital Management LLC, River Road Asset Management LLC, Barclays PLC and Virginia Retirement Systems ET AL. 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.
Which major investors are buying Motorcar Parts of America stock?
MPAA stock was acquired by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, Tieton Capital Management LLC, Global Alpha Capital Management Ltd., First Midwest Bank Trust Division, Rutabaga Capital Management LLC MA, United Services Automobile Association, BlackRock Inc. and Parthenon LLC. 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.
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 $19.98.
How big of a company is Motorcar Parts of America?
Motorcar Parts of America has a market capitalization of $375.82 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.
