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 declared that its board has initiated a share buyback plan 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. Stock buyback plans are often a sign that the company's leadership believes its shares are undervalued.

Motorcar Parts of America, Inc. (NASDAQ:MPAA) announced its quarterly earnings results on Tuesday, January, 8th. The auto parts company reported $0.60 earnings per share for the quarter, topping analysts' consensus estimates of $0.51 by $0.09. The auto parts company had revenue of $127.94 million for the quarter, compared to analysts' expectations of $120.63 million. Motorcar Parts of America had a net margin of 0.20% and a return on equity of 10.81%. The company's revenue for the quarter was up 16.0% on a year-over-year basis. During the same period in the prior year, the company earned $0.52 EPS. View Motorcar Parts of America's Earnings History.

Motorcar Parts of America is scheduled to release their next quarterly earnings announcement on Friday, February 8th 2019. View Earnings Estimates for Motorcar Parts of America.

Motorcar Parts of America issued an update on its FY 2019 earnings guidance on Tuesday, January, 8th. The company provided earnings per share (EPS) 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.

4 brokerages have issued 1 year price objectives for Motorcar Parts of America's stock. Their forecasts range from $25.00 to $39.00. On average, they expect Motorcar Parts of America's stock price to reach $30.6667 in the next year. This suggests a possible upside of 52.2% from the stock's current price. View Analyst Price Targets for Motorcar Parts of America.

4 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Motorcar Parts of America.

News headlines about MPAA stock have trended somewhat positive this week, InfoTrie Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Motorcar Parts of America earned a coverage optimism score of 1.6 on InfoTrie's scale. They also assigned news stories 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 stock's share price in the immediate future.

Some companies that are related to Motorcar Parts of America include Gentherm (THRM), Delphi Technologies (DLPH), ChoicePoint (CPS), Standard Motor Products (SMP), Garrett Motion (GTX), IOCHPE MAXION S/S (IOCJY), Stoneridge (SRI), Modine Manufacturing (MOD), Tower International (TOWR), Lydall (LDL), Commercial Vehicle Group (CVGI), Superior Industries International (SUP), Strattec Security (STRT), China Automotive Systems (CAAS) and Horizon Global (HZN).

Motorcar Parts of America's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include SG Capital Management LLC (2.71%), First Midwest Bank Trust Division (0.77%) and First Hawaiian Bank (0.02%). 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. 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 First Midwest Bank Trust Division 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, 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 $20.15.

Motorcar Parts of America has a market capitalization of $374.49 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]