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 initiated a share buyback program on Saturday, February 10th 2018, which allows the company to buyback $5,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback programs are often a sign that the company's board of directors believes its shares are undervalued.

Motorcar Parts of America, Inc. (NASDAQ:MPAA) announced its earnings results on Monday, February, 11th. The auto parts company reported $0.35 EPS for the quarter, missing the consensus estimate of $0.38 by $0.03. The auto parts company had revenue of $124.10 million for the quarter, compared to analyst estimates of $115.98 million. Motorcar Parts of America had a return on equity of 10.42% and a net margin of 0.99%. The firm's quarterly 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.

Motorcar Parts of America updated its FY 2019 earnings guidance on Tuesday, January, 8th. The company provided earnings per share 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.

3 analysts have issued 1-year price objectives for Motorcar Parts of America's shares. Their forecasts 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 year. This suggests a possible upside of 23.2% 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 positive recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Motorcar Parts of America earned a news impact score of 2.3 on InfoTrie's scale. They also assigned media headlines about the auto parts company a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat 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 Gentherm (THRM), Garrett Motion (GTX), ChoicePoint (CPS), Standard Motor Products (SMP), IOCHPE MAXION S/S (IOCJY), Modine Manufacturing (MOD), Stoneridge (SRI), Tower International (TOWR), Lydall (LDL), Commercial Vehicle Group (CVGI), Superior Industries International (SUP), Strattec Security (STRT), China Automotive Systems (CAAS), Sorl Auto Parts (SORL) and Horizon Global (HZN).

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%), Global Alpha Capital Management Ltd. (5.06%), River Road Asset Management LLC (4.83%), SG Capital Management LLC (2.71%) and Kornitzer Capital Management Inc. KS (2.56%). 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, Richard K Mochulsky, Rudolph J Borneo 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 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 and Rudolph J Borneo. View Insider Buying and Selling for Motorcar Parts of America.

MPAA stock was purchased 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.

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 $21.51.

Motorcar Parts of America has a market capitalization of $404.58 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]