Standard Motor Products, Inc. (SMP)

Market Cap	664.47M
Revenue (ttm)	1.41B
Net Income (ttm)	36.13M
Shares Out	21.72M
EPS (ttm)	1.63
PE Ratio	18.77
Forward PE	9.17
Dividend	$1.16 (3.79%)
Ex-Dividend Date	Nov 15, 2024

Volume	79,870
Open	30.58
Previous Close	30.72
Day's Range	30.47 - 31.19
52-Week Range	26.09 - 41.71
Beta	0.51
Analysts	Strong Buy
Price Target	42.00 (+37.3%)
Earnings Date	Oct 30, 2024

About SMP

Standard Motor Products, Inc. manufactures and distributes replacement automotive parts in the United States and internationally. The company operates through three segments: Vehicle Control, Temperature Control, and Engineered Solutions segments. The company provides components for the ignition, emissions, and fuel delivery systems, such as air injection and induction components, air management valves, regulators and solenoids, exhaust gas recirculation components, fuel injectors and related components, fuel valves, ignition coils, connectors ...

• Industry: Auto Parts
• Sector: Consumer Discretionary
• Founded: 1919
• Employees: 5,200
• Stock Exchange: NYSE
• Ticker Symbol: SMP
• Website: https://www.smpcorp.com

Financial Performance

In 2023, Standard Motor Products's revenue was $1.36 billion, a decrease of -0.99% compared to the previous year's $1.37 billion. Earnings were $34.15 million, a decrease of -38.31%.

Analyst Forecast

According to one analyst, the rating for SMP stock is "Strong Buy" and the 12-month stock price forecast is $42.0.

Price Target

$42.0

(37.30% upside)

Analyst Consensus: Strong Buy