Standard Motor Products, Inc. (SMP)
| Market Cap | 731.97M |
| Revenue (ttm) | 1.36B |
| Net Income (ttm) | 81.32M |
| Shares Out | 21.41M |
| EPS (ttm) | 4.03 |
| PE Ratio | 8.48 |
| Forward PE | n/a |
| Dividend | $1.06 (3.10%) |
| Ex-Dividend Date | Aug 12, 2022 |
| Volume | 75,131 |
| Open | 33.74 |
| Previous Close | 33.41 |
| Day's Range | 33.55 - 34.78 |
| 52-Week Range | 31.61 - 55.09 |
| Beta | 0.41 |
| Analysts | Buy |
| Price Target | 55.42 (+62.1%) |
| Earnings Date | Oct 26, 2022 |
About SMP
Standard Motor Products, Inc. manufactures and distributes replacement parts that are used in the maintenance, repair, and service of vehicles in the automotive aftermarket industry with a complementary focus on specialized original equipment parts for manufacturers across agriculture, heavy duty, and construction equipment industries. The company's Engine Management segment provides electronic ignition control modules, camshaft and crankshaft position sensors, ignition wires and coils, switches and relays, exhaust gas recirculation valves, pre... [Read more...]
Financial Performance
In 2021, SMP's revenue was $1.30 billion, an increase of 15.08% compared to the previous year's $1.13 billion. Earnings were $90.89 million, an increase of 58.36%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for SMP stock is "Buy." The 12-month stock price forecast is 55.42, which is an increase of 62.09% from the latest price.
News
Standard Motor Products Expands ADAS Program Offering
NEW YORK , Sept. 19, 2022 /PRNewswire/ -- Standard Motor Products, Inc. (SMP) continues to expand its aftermarket-leading Advanced Driver Assistance Systems (ADAS) program.
Standard Motor Products (SMP) Down 2.1% Since Last Earnings Report: Can It Rebound?
Standard Motor Products (SMP) reported earnings 30 days ago. What's next for the stock?
Gabelli Funds to Host 46th Annual Auto Symposium October 31st and November 1st
RYE, N.Y.--(BUSINESS WIRE)--Gabelli Funds, LLC, will host the 46th Annual Auto Symposium at the Waldorf Astoria in Las Vegas beginning on October 31, 2022. This two-day symposium will feature presentati...
Standard Motor Products Introduces Over 300 New Part Numbers
NEW YORK , Aug. 25, 2022 /PRNewswire/ -- Standard Motor Products, Inc. (SMP) is pleased to announce the addition of 314 new part numbers in its August new number announcement. This release covers over 1...
Standard Motor (SMP) Q2 Earnings Miss, Revenues Increase Y/Y
Standard Motor's (SMP) bottom line registers a decline in the second quarter while its top line grows year over year. It announces a quarterly dividend of 27 cents.
Standard Motor Products (SMP) Lags Q2 Earnings Estimates
Standard Motor Products (SMP) delivered earnings and revenue surprises of -23.14% and 1.87%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Standard Motor Products, Inc. Announces Second Quarter 2022 Results and Quarterly Dividend
NEW YORK , Aug. 3, 2022 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, reported today its consolidated financial results for the thre...
Buy This Auto Parts Stock. Shares Can Get a Lift as New-Car Sales Flatten.
Standard Motor Products may be small but it has consistently expanded earnings since 2018 and is expanding into new categories like electric, off-road, and heavy-duty vehicles.
Standard Motor Products, Inc. Announces Second Quarter 2022 Earnings Conference Call
NEW YORK , Aug. 1, 2022 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, is scheduled to report its earnings for the three months and s...
Standard Motor Products Releases 832 New Part Numbers in First Half of 2022
NEW YORK , July 28, 2022 /PRNewswire/ -- Standard Motor Products, Inc. (SMP) has released a total 832 new part numbers during the first half of 2022 for its Standard® and Standard® Import brands. SMP co...
Is Standard Motor Products (SMP) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
Buy These 5 Low Price-to-Sales Stocks for Solid Portfolio Gains
Price-to-sales is a convenient tool to gauge the value of stocks incurring losses or are in an early development cycle. Stocks like GIII, SIG, SMP, MRO and R hold promise.
Does Standard Motor Products (SMP) Have the Potential to Rally 34% as Wall Street Analysts Expect?
The mean of analysts' price targets for Standard Motor Products (SMP) points to a 34.2% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement a...
Is Standard Motor Products (SMP) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
Standard Motor Products, Inc. Announces the Passing of Director John Gethin
NEW YORK , June 27, 2022 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, is saddened to announce the passing of a member of our Board ...
Wall Street Analysts See a 40% Upside in Standard Motor Products (SMP): Can the Stock Really Move This High?
The consensus price target hints at a 40.4% upside potential for Standard Motor Products (SMP). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earni...
Should Value Investors Buy Standard Motor Products (SMP) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
Standard Motor Products Wins 2021 Spirit of NAPA® Award
NEW YORK , June 7, 2022 /PRNewswire/ -- Standard Motor Products, Inc. (SMP) is pleased to announce it is the recipient of the 2021 Spirit of NAPA® trophy, presented at NAPA® Auto Parts' Vendor Summit an...
Standard Motor Products (SMP) Down 3.9% Since Last Earnings Report: Can It Rebound?
Standard Motor Products (SMP) reported earnings 30 days ago. What's next for the stock?
Standard Motor Products, Inc. Announces New $500 Million Credit Facility
NEW YORK , June 2, 2022 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, announced today it has entered into a new five-year $500 milli...
US Vehicles Average Age Rises to 12.2 Years: 3 Stocks to Watch
The longevity of vehicles will act as a tailwind for auto replacement parts companies like Genuine Parts (GPC), LKQ Corp. (LKQ) and Standard Motor (SMP).
Are Investors Undervaluing Standard Motor Products (SMP) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
After Plunging 9.7% in 4 Weeks, Here's Why the Trend Might Reverse for Standard Motor Products (SMP)
Standard Motor Products (SMP) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earning...
Standard Motor (SMP) Shares Barely Move Since Q1 Earnings Beat
Standard Motor (SMP) expects its 2022 consolidated gross margin in the band of 28-29%
Wall Street Analysts Believe Standard Motor Products (SMP) Could Rally 41%: Here's is How to Trade
The consensus price target hints at a 40.9% upside potential for Standard Motor Products (SMP). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earni...