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 of Directors has approved a share buyback plan on Saturday, February 10th 2018, which authorizes the company to repurchase $5,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company's board believes its shares are undervalued.

Motorcar Parts of America, Inc. (NASDAQ:MPAA) issued its earnings results on Monday, February, 11th. The auto parts company reported $0.35 earnings per share 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 analysts' expectations of $115.98 million. Motorcar Parts of America had a net margin of 0.99% and a return on equity of 10.42%. The business's revenue was up 20.6% compared to the same quarter last year. During the same quarter in the prior year, the company 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 issued an update on its FY 2019 earnings guidance on Tuesday, January, 8th. The company provided 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.

3 brokerages have issued twelve-month price targets 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 twelve months. This suggests a possible upside of 37.1% 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.

Media stories about MPAA stock have been trending somewhat positive on Wednesday, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Motorcar Parts of America earned a news sentiment score of 1.3 on InfoTrie's scale. They also assigned media headlines about the auto parts company a news buzz of 5.0 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 Tenneco (TEN), Adient (ADNT), Gentherm (THRM), Garrett Motion (GTX), Standard Motor Products (SMP), IOCHPE MAXION S/S (IOCJY), Cooper-Standard (CPS), Stoneridge (SRI), Modine Manufacturing (MOD), Tower International (TOWR), Lydall (LDL), Commercial Vehicle Group (CVGI), Superior Industries International (SUP), China Automotive Systems (CAAS) and Strattec Security (STRT).

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), Athabasca Oil (ATH), NIC (EGOV), Aegean Marine Petroleum Network (ANW), Micron Technology (MU), Precision Drilling (PD) and Gran Tierra Energy (GTE).

Motorcar Parts of America's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.90%), Dimensional Fund Advisors LP (8.48%), Dimensional Fund Advisors LP (8.48%), Global Alpha Capital Management Ltd. (5.06%), River Road Asset Management LLC (4.83%) and SG Capital Management LLC (2.71%). 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, Rudolph J Borneo, Scott Joseph Adelson 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, Rudolph J Borneo and Scott Joseph Adelson. View Insider Buying and Selling for Motorcar Parts of America.

MPAA stock was bought 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 $19.33.

Motorcar Parts of America has a market capitalization of $363.60 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]