NASDAQ:MPAA - Motorcar Parts of America Stock Price, Forecast & News

Motorcar Parts of America trades on the NASDAQ under the ticker symbol "MPAA."

Motorcar Parts of America announced that its board has approved a share repurchase plan on Saturday, February 10th 2018, which permits the company to buyback $5,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's management believes its shares are undervalued.

Motorcar Parts of America, Inc. (NASDAQ:MPAA) released its earnings results on Tuesday, November, 12th. The auto parts company reported $0.68 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.42 by $0.26. The auto parts company had revenue of $151.43 million for the quarter, compared to analyst estimates of $142.98 million. Motorcar Parts of America had a negative net margin of 1.14% and a positive return on equity of 10.48%. The company's quarterly revenue was up 16.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.60 EPS. View Motorcar Parts of America's Earnings History.

Motorcar Parts of America is scheduled to release their next quarterly earnings announcement on Monday, February 10th 2020. View Earnings Estimates for Motorcar Parts of America.

1 Wall Street analysts have issued 12 month price targets for Motorcar Parts of America's shares. Their forecasts range from $25.00 to $25.00. On average, they expect Motorcar Parts of America's stock price to reach $25.00 in the next twelve months. This suggests a possible upside of 11.9% from the stock's current price. View Analyst Price Targets for Motorcar Parts of America.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Motorcar Parts of America in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Motorcar Parts of America.

Media stories about MPAA stock have trended very negative this week, according to InfoTrie. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog 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 -3.6 on InfoTrie's scale. They also gave media stories about the auto parts company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Motorcar Parts of America.

Some companies that are related to Motorcar Parts of America include Gentherm (THRM), Veoneer (VNE), Standard Motor Products (SMP), American Axle & Manufact. (AXL), Delphi Technologies (DLPH), IOCHPE MAXION S/S (IOCJY), Stoneridge (SRI), Garrett Motion (GTX), Tower International (TOWR), Tenneco (TEN), Cooper-Standard (CPS), Lydall (LDL), Modine Manufacturing (MOD), Commercial Vehicle Group (CVGI) and China Automotive Systems (CAAS).

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), NIC (EGOV), Athabasca Oil (ATH), Aegean Marine Petroleum Network (ANW), Allergan (AGN), Express (EXPR) and Micron Technology (MU).

Motorcar Parts of America's stock is owned by many different of institutional and retail investors. Top institutional shareholders include First Hawaiian Bank (0.08%). Company insiders that own Motorcar Parts of America stock include Barbara L Whittaker, David Bryan, Duane Franklin Miller, Jeffrey P Mirvis, Joffe Selwyn, Joseph Edwin Ferguson, Richard K Mochulsky, Rudolph J Borneo, Scott Joseph Adelson and Timothy D Vargo. View Institutional Ownership Trends for Motorcar Parts of America.

MPAA stock was purchased by a variety of institutional investors in the last quarter, including 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, Robinhood, Fidelity and Charles Schwab.

One share of MPAA stock can currently be purchased for approximately $22.34.

Motorcar Parts of America has a market capitalization of $423.52 million and generates $472.80 million in revenue each year. The auto parts company earns $-7,850,000.00 in net income (profit) each year or $1.51 on an earnings per share basis. Motorcar Parts of America employs 3,868 workers across the globe.View Additional Information About Motorcar Parts of America.

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]