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
SymbolNASDAQ:MPAA
CUSIPN/A
Phone310-212-7910
Debt
Debt-to-Equity Ratio0.10
Current Ratio1.46
Quick Ratio0.48
Price-To-Earnings
Trailing P/E Ratio17.00
Forward P/E Ratio13.08
P/E GrowthN/A
Sales & Book Value
Annual Sales$428.07 million
Price / Sales1.10
Cash Flow$2.0653 per share
Price / Cash12.10
Book Value$14.42 per share
Price / Book1.73
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$472.71 million
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 announced that its Board of Directors has initiated a share repurchase program 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 buy shares of its stock through open market purchases. Shares buyback programs are often 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 data on Thursday, August, 9th. The auto parts company reported $0.15 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.21 by $0.06. The auto parts company had revenue of $92.57 million for 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%. Motorcar Parts of America's quarterly revenue was down 3.1% on a year-over-year basis. During the same quarter last year, the business earned $0.43 earnings per share. View Motorcar Parts of America's Earnings History.
When is Motorcar Parts of America's next earnings date?
What price target have analysts set for MPAA?
2 equities research analysts have issued twelve-month target prices for Motorcar Parts of America's shares. Their forecasts range from $25.00 to $39.00. On average, they anticipate Motorcar Parts of America's stock price to reach $32.00 in the next twelve months. This suggests a possible upside of 28.1% 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?
2 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 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Motorcar Parts of America.
Who are some of Motorcar Parts of America's key competitors?
Some companies that are related to Motorcar Parts of America include Meritor (MTOR), Gentherm (THRM), Standard Motor Products (SMP), Stoneridge (SRI), Modine Manufacturing (MOD), IOCHPE MAXION S/S (IOCJY), Lydall (LDL), Tower International (TOWR), Superior Industries International (SUP), Commercial Vehicle Group (CVGI), Horizon Global (HZN), Strattec Security (STRT), China Automotive Systems (CAAS), Sorl Auto Parts (SORL) and China Zenix Auto International (ZX).
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 many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.02%), Dimensional Fund Advisors LP (8.20%), Private Capital Management LLC (7.59%), River Road Asset Management LLC (4.91%), Kornitzer Capital Management Inc. KS (2.88%) and Global Alpha Capital Management Ltd. (2.84%). 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 institutional investors are selling Motorcar Parts of America stock?
MPAA stock was sold by a variety of institutional investors in the last quarter, including Thompson Siegel & Walmsley LLC, Royce & Associates LP, Parthenon LLC, River Road Asset Management LLC, Formula Growth Ltd., Kirr Marbach & Co. LLC IN, Bank of New York Mellon Corp and Bank of New York Mellon Corp. 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 institutional investors are buying Motorcar Parts of America stock?
MPAA stock was acquired by a variety of institutional investors in the last quarter, including Private Capital Management LLC, Heartland Advisors Inc., BlackRock Inc., Dimensional Fund Advisors LP, Citadel Advisors LLC, North Star Investment Management Corp., Polaris Capital Management LLC and Kornitzer Capital Management Inc. KS. 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 $24.99.
How big of a company is Motorcar Parts of America?
Motorcar Parts of America has a market capitalization of $472.71 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.
