Standard Motor Products, Inc. (SMP)
NYSE: SMP · Real-Time Price · USD
32.39
+0.33 (1.03%)
Nov 4, 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 29.67% from the current stock price of 32.39.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $42 $42 $42 $42
Change +29.67% +29.67% +29.67% +29.67%
* 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 Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 11111
Buy 00000
Hold 00000
Sell 00000
Strong Sell 00000
Total 11111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Roth MKM
Roth MKM
Strong Buy
Reiterates
$42
Strong Buy Reiterates $42 +29.67% May 23, 2024
MKM Partners
MKM Partners
Strong Buy
Initiates
$62
Strong Buy Initiates $62 +91.42% Jun 10, 2022
Stephens & Co.
Stephens & Co.
Buy
Maintains
$61$50
Buy Maintains $61$50 +54.37% Apr 16, 2020
Stephens & Co.
Stephens & Co.
Buy
Initiates
$61
Buy Initiates $61 +88.33% Dec 20, 2019
More Analyst Ratings

Financial Forecast

Revenue This Year
1.42B
from 1.36B
Increased by 4.40%
Revenue Next Year
1.45B
from 1.42B
Increased by 2.33%
EPS This Year
3.05
from 1.54
Increased by 97.86%
EPS Next Year
3.45
from 3.05
Increased by 13.25%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025
Revenue
1.14B1.13B1.30B1.37B1.36B1.42B1.45B
Revenue Growth
4.20%-0.82%15.08%5.62%-0.99%4.40%2.33%
EPS
2.542.514.022.501.543.053.45
EPS Growth
35.51%-1.21%59.90%-37.72%-38.36%97.86%13.25%
Forward PE
-----10.629.38
No. Analysts -----22
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 1.5B 1.5B
Avg 1.4B 1.5B
Low 1.4B 1.4B

Revenue Growth

Revenue Growth 20242025
High
9.7%
7.6%
Avg
4.4%
2.3%
Low
0.2%
-1.8%

EPS Forecast

EPS 20242025
High 3.17 3.59
Avg 3.05 3.45
Low 2.96 3.35

EPS Growth

EPS Growth 20242025
High
105.7%
17.7%
Avg
97.9%
13.2%
Low
92.0%
9.9%
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.