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 approved a stock repurchase program on Saturday, February 10th 2018, which permits the company to buyback $5,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company's leadership believes its stock is undervalued.
How were Motorcar Parts of America's earnings last quarter?
Motorcar Parts of America, Inc. (NASDAQ:MPAA) announced its earnings results on Tuesday, January, 8th. The auto parts company reported $0.60 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.51 by $0.09. The auto parts company earned $127.94 million during the quarter, compared to analyst estimates of $120.63 million. Motorcar Parts of America had a net margin of 0.99% and a return on equity of 10.42%. Motorcar Parts of America's revenue was up 16.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.52 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?
3 analysts have issued twelve-month target prices for Motorcar Parts of America's stock. Their forecasts 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 37.2% 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?
News articles about MPAA stock have been trending positive recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Motorcar Parts of America earned a coverage optimism score of 2.3 on InfoTrie's scale. They also gave press coverage about the auto parts company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future.
Who are some of Motorcar Parts of America's key competitors?
Some companies that are related to Motorcar Parts of America include Gentherm (THRM), Garrett Motion (GTX), American Axle & Manufact. (AXL), Standard Motor Products (SMP), Stoneridge (SRI), IOCHPE MAXION S/S (IOCJY), Cooper-Standard (CPS), Tenneco (TEN), Modine Manufacturing (MOD), Tower International (TOWR), Lydall (LDL), Commercial Vehicle Group (CVGI), Superior Industries International (SUP), Horizon Global (HZN) and Strattec Security (STRT).
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 shareholders include BlackRock Inc. (14.73%), Private Capital Management LLC (8.56%), Dimensional Fund Advisors LP (8.37%), Global Alpha Capital Management Ltd. (6.63%), River Road Asset Management LLC (4.58%) and Rutabaga Capital Management LLC MA (3.54%). 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.
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 River Road Asset Management LLC, BlackRock Inc., Morgan Stanley, First Midwest Bank Trust Division, Dimensional Fund Advisors LP, Parthenon LLC, Foundry Partners LLC and Wells Fargo & Company MN. 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 institutional investors are buying Motorcar Parts of America stock?
MPAA stock was bought by a variety of institutional investors in the last quarter, including Rutabaga Capital Management LLC MA, Global Alpha Capital Management Ltd., Pzena Investment Management LLC, Hotchkis & Wiley Capital Management LLC, Hotchkis & Wiley Capital Management LLC, Tieton Capital Management LLC, Kennedy Capital Management Inc. and Raymond James & Associates. 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.
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 $19.32.
How big of a company is Motorcar Parts of America?
Motorcar Parts of America has a market capitalization of $363.39 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.
