Standard Motor Products, Inc. (SMP)
NYSE: SMP · Real-Time Price · USD
30.72
-0.30 (-0.97%)
Dec 20, 2024, 4:00 PM EST - Market closed
Standard Motor Products Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for SMP stock has a target of 42, which predicts an increase of 36.72% from the current stock price of 30.72.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 23, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for SMP is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Reiterates $42 | Strong Buy | Reiterates | $42 | +36.72% | May 23, 2024 |
| MKM Partners | MKM Partners | Strong Buy Initiates $62 | Strong Buy | Initiates | $62 | +101.82% | Jun 10, 2022 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $61 → $50 | Buy | Maintains | $61 → $50 | +62.76% | Apr 16, 2020 |
| Stephens & Co. | Stephens & Co. | Buy Initiates $61 | Buy | Initiates | $61 | +98.57% | Dec 20, 2019 |
Financial Forecast
Revenue This Year
1.43B
from 1.36B
Increased by 5.58%
Revenue Next Year
1.47B
from 1.43B
Increased by 2.30%
EPS This Year
3.17
from 1.54
Increased by 105.43%
EPS Next Year
3.46
from 3.17
Increased by 9.23%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.5B | 1.5B | 1.6B |
| Avg | 1.4B | 1.5B | 1.5B |
| Low | 1.4B | 1.4B | 1.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.0% | 6.6% | 5.9% |
| Avg | 5.6% | 2.3% | 1.9% |
| Low | 2.2% | -1.0% | -1.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.36 | 3.60 | 3.90 |
| Avg | 3.17 | 3.46 | 3.75 |
| Low | 3.01 | 3.35 | 3.64 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 118.0% | 13.7% | 12.6% |
| Avg | 105.4% | 9.2% | 8.3% |
| Low | 95.2% | 5.8% | 5.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.