About Standard Motor Products (NYSE:SMP)
Standard Motor Products, Inc. manufactures and distributes replacement parts for motor vehicles in the automotive aftermarket industry. Its Engine Management segment manufactures and distributes engine management replacement parts, including electronic ignition control modules, fuel injectors, remanufactured diesel injectors and pumps, ignition wires, coils, switches, relays, EGR valves, distributor caps and rotors, various sensors primarily measuring temperature, vehicle systems, electronic throttle bodies, and other engine management components primarily under the Standard, Blue Streak, BWD, Select, Intermotor, OEM, LockSmart, TechSmart, Tech Expert, and GP Sorensen brands. The company's Temperature Control segment manufacture, remanufacture, and distribute replacement parts for automotive temperature control systems, engine cooling systems, power window accessories, and windshield washer systems, primarily under the Four Seasons, EVERCO, ACi, and Hayden brands. This segment provides new and remanufactured compressors, clutch assemblies, blower and radiator fan motors, filter dryers, evaporators, accumulators, hose assemblies, thermal expansion devices, heater valves, heater cores, AC service tools and chemicals, fan assemblies, fan clutches, oil coolers, window lift motors, window regulators and assemblies, and windshield washer pumps. The company sells its products primarily to large retail chains, warehouse distributors, original equipment manufacturers, and original equipment service part operations in the United States, Canada, Latin America, and Europe. Standard Motor Products, Inc. was founded in 1919 and is headquartered in Long Island City, New York.
Industry, Sector and Symbol
Sub-IndustryAuto Parts & Equipment
Trailing P/E Ratio29.4012345679012
Forward P/E Ratio14.22
Sales & Book Value
Annual Sales$1.12 billion
Price / Sales0.97
Cash Flow$3.86 per share
Price / Cash12.34
Book Value$20.06 per share
Price / Book2.37
Net Income$37.97 million
Return on Equity14.15%
Return on Assets7.95%
Standard Motor Products (NYSE:SMP) Frequently Asked Questions
What is Standard Motor Products' stock symbol?
Standard Motor Products trades on the New York Stock Exchange (NYSE) under the ticker symbol "SMP."
How often does Standard Motor Products pay dividends? What is the dividend yield for Standard Motor Products?
Standard Motor Products declared a quarterly dividend on Thursday, February 1st. Shareholders of record on Thursday, February 15th will be given a dividend of $0.21 per share on Thursday, March 1st. This represents a $0.84 annualized dividend and a dividend yield of 1.76%. The ex-dividend date is Wednesday, February 14th. This is a boost from Standard Motor Products's previous quarterly dividend of $0.19. View Standard Motor Products' Dividend History.
How will Standard Motor Products' stock buyback program work?
Standard Motor Products announced that its Board of Directors has approved a share buyback plan on Tuesday, November 21st 2017, which authorizes the company to repurchase $10,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company's leadership believes its shares are undervalued.
How were Standard Motor Products' earnings last quarter?
Standard Motor Products (NYSE:SMP) posted its earnings results on Tuesday, February, 20th. The auto parts company reported $0.54 EPS for the quarter, beating the Zacks' consensus estimate of $0.38 by $0.16. The auto parts company had revenue of $239.98 million for the quarter. Standard Motor Products had a return on equity of 14.15% and a net margin of 3.40%. Standard Motor Products's quarterly revenue was up 4.4% on a year-over-year basis. During the same period last year, the business posted $0.42 earnings per share. View Standard Motor Products' Earnings History.
Where is Standard Motor Products' stock going? Where will Standard Motor Products' stock price be in 2018?
3 brokerages have issued 12-month price objectives for Standard Motor Products' shares. Their predictions range from $48.00 to $60.00. On average, they anticipate Standard Motor Products' stock price to reach $54.00 in the next twelve months. View Analyst Ratings for Standard Motor Products.
Are investors shorting Standard Motor Products?
Standard Motor Products saw a decline in short interest in February. As of February 28th, there was short interest totalling 807,299 shares, a decline of 38.3% from the February 15th total of 1,309,283 shares. Based on an average daily trading volume, of 147,207 shares, the short-interest ratio is presently 5.5 days. Currently, 4.1% of the company's shares are sold short.
Who are some of Standard Motor Products' key competitors?
Some companies that are related to Standard Motor Products include Cooper-Standard Automotive (CPS), Meritor (MTOR), American Axle & Manufact. (AXL), Cooper Tire & Rubber (CTB), Fox Factory (FOXF), SPX (SPXC), Wabash National (WNC), Gentherm (THRM), Modine Manufacturing (MOD), Douglas Dynamics (PLOW), Spartan Motors (SPAR), Tower International (TOWR), Blue Bird (BLBD), Pendragon (PDGNF), Motorcar Parts of America (MPAA), Superior Industries International (SUP), Westport Fuel Systems (WPRT) and Commercial Vehicle Group (CVGI).
Who are Standard Motor Products' key executives?
Standard Motor Products' management team includes the folowing people:
- Mr. Lawrence I. Sills, Exec. Chairman (Age 78)
- Mr. Eric Philip Sills, CEO, Pres & Director (Age 49)
- Mr. James J. Burke, CFO & Exec. VP of Fin. (Age 63)
- Mr. Carmine J. Broccole, Sr. VP, Gen. Counsel and Sec. (Age 52)
- Mr. Dale Burks, Chief Commercial Officer and Exec. VP (Age 58)
Has Standard Motor Products been receiving favorable news coverage?
Media coverage about SMP stock has been trending somewhat positive recently, Accern reports. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Standard Motor Products earned a coverage optimism score of 0.19 on Accern's scale. They also gave news headlines about the auto parts company an impact score of 46.43 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.
Who are Standard Motor Products' major shareholders?
Standard Motor Products' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.60%),
ROYCE & ASSOCIATES LP
(10.06%), Royce & Associates LP (9.35%), Goldman Sachs Group Inc. (1.57%), Bank of New York Mellon Corp (1.43%) and Boston Partners (1.32%). Company insiders that own Standard Motor Products stock include Arthur S Sills, Carmine Joseph Broccole, Dale Burks, Eric Sills, Frederick D Sturdivant, Hugh Agro, James J Burke, John P Gethin, Lawrence I Sills, Peter J Sills, Ray Nicholas and Thomas Tesoro. View Institutional Ownership Trends for Standard Motor Products.
Which institutional investors are selling Standard Motor Products stock?
SMP stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Renaissance Technologies LLC, Eagle Asset Management Inc., Allianz Asset Management GmbH, Wells Fargo & Company MN, Metropolitan Life Insurance Co. NY, Copeland Capital Management LLC and Opus Capital Group LLC. Company insiders that have sold Standard Motor Products company stock in the last year include Arthur S Sills, Carmine Joseph Broccole, Dale Burks, Eric Sills, Frederick D Sturdivant, James J Burke, John P Gethin, Lawrence I Sills, Peter J Sills, Ray Nicholas and Thomas Tesoro. View Insider Buying and Selling for Standard Motor Products.
Which institutional investors are buying Standard Motor Products stock?
SMP stock was purchased by a variety of institutional investors in the last quarter, including Boston Partners, Schroder Investment Management Group, BlackRock Inc., Royce & Associates LP, Assenagon Asset Management S.A., AXA, Reinhart Partners Inc. and Guggenheim Capital LLC. View Insider Buying and Selling for Standard Motor Products.
How do I buy shares of Standard Motor Products?
Shares of SMP 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 Standard Motor Products' stock price today?
One share of SMP stock can currently be purchased for approximately $47.63.
How big of a company is Standard Motor Products?
Standard Motor Products has a market capitalization of $1.10 billion and generates $1.12 billion in revenue each year. The auto parts company earns $37.97 million in net income (profit) each year or $1.62 on an earnings per share basis. Standard Motor Products employs 4,200 workers across the globe.
How can I contact Standard Motor Products?
Standard Motor Products' mailing address is 37-18 NORTHERN BOULEVARD, LONG ISLAND CITY NY, 11101. The auto parts company can be reached via phone at 718-392-0200 or via email at [email protected]
MarketBeat Community Rating for Standard Motor Products (SMP)MarketBeat's community ratings are surveys of what our community members think about Standard Motor Products and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.