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

Motorcar Parts of America, Inc. (NASDAQ:MPAA) issued its quarterly earnings data 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 had revenue of $124.10 million for 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 business's revenue was up 20.6% on a year-over-year basis. During the same period in the previous year, the business 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 twelve-month price targets for Motorcar Parts of America's stock. Their predictions range from $25.00 to $28.00. On average, they anticipate Motorcar Parts of America's stock price to reach $26.50 in the next twelve months. This suggests a possible upside of 28.2% 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 trended somewhat negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing 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 media sentiment score of -1.5 on InfoTrie's scale. They also gave headlines 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 effect on the stock's share price in the immediate future.

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

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 many different of retail and institutional investors. Top institutional investors 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%), Virginia Retirement Systems ET AL (0.11%) 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, Virginia Retirement Systems ET AL 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 acquired by a variety of institutional investors in the last quarter, including National Investment Services Inc. WI, Kirr Marbach & Co. LLC IN, BNP Paribas Arbitrage SA 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 $20.67.

Motorcar Parts of America has a market capitalization of $388.78 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]