Motorcar Parts of America (MPAA) Stock Price, News & Analysis

Company Overview

Motorcar Parts of America, Inc. manufactures, remanufactures, and distributes heavy-duty truck, industrial, marine, and agricultural application replacement parts in the United States. The company offers rotating electrical products, including alternators and starters; wheel hub assemblies and bearings; and brake-related products comprising brake calipers, brake boosters, brake rotors, brake pads, and brake master cylinders. It also offers turbochargers; test solutions and diagnostic equipment for the pre- and post-production of electric vehicles; combustion engine vehicles; and software emulation of power systems applications for the electrification of forms of transportation. In addition, it offers heavy duty parts, including non-discretionary automotive aftermarket replacement hard parts for heavy-duty truck, industrial, marine, and agricultural applications. It sells its products to automotive retail chain stores and warehouse distributors, as well as various automobile manufacturers for their aftermarket programs and warranty replacement programs in North America. The company was incorporated in 1968 and is based in Torrance, California.

Key Stats

• Today's Range: $7.81 to $8.07
• 50-Day Range: $5.22 to $8.38
• 52-Week Range: $4.36 to $10.40
• Volume: 73,564 shs
• Average Volume: 60,966 shs
• Market Capitalization: $157.01 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $14.00
• Consensus Rating: Buy

Motorcar Parts of America Stock Analysis - MarketRank™

Motorcar Parts of America scored higher than 59% of companies evaluated by MarketBeat, and ranked 44th out of 90 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Motorcar Parts of America has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Motorcar Parts of America has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Motorcar Parts of America is -2.26, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Motorcar Parts of America is -2.26, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Motorcar Parts of America has a P/B Ratio of 0.55. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.50% of the float of Motorcar Parts of America has been sold short.

Short Interest Ratio / Days to Cover

Motorcar Parts of America has a short interest ratio ("days to cover") of 7.7.

Change versus previous month

Short interest in Motorcar Parts of America has recently decreased by 2.10%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Motorcar Parts of America does not currently pay a dividend.

Dividend Growth

Motorcar Parts of America does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.50% of the float of Motorcar Parts of America has been sold short.

Short Interest Ratio / Days to Cover

Motorcar Parts of America has a short interest ratio ("days to cover") of 7.7.

Change versus previous month

Short interest in Motorcar Parts of America has recently decreased by 2.10%, indicating that investor sentiment is improving.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.44

News Sentiment

Motorcar Parts of America has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Auto/Tires/Trucks companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Motorcar Parts of America this week, compared to 1 article on an average week.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Motorcar Parts of America insiders have bought more of their company's stock than they have sold. Specifically, they have bought $351,496.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 6.70% of the stock of Motorcar Parts of America is held by insiders.

Percentage Held by Institutions

83.48% of the stock of Motorcar Parts of America is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MPAA Stock Analysis - Frequently Asked Questions

How have MPAA shares performed this year?

Motorcar Parts of America's stock was trading at $9.34 at the start of the year. Since then, MPAA shares have decreased by 15.3% and is now trading at $7.91.
View the best growth stocks for 2024 here.

How were Motorcar Parts of America's earnings last quarter?

Motorcar Parts of America, Inc. (NASDAQ:MPAA) announced its quarterly earnings data on Tuesday, November, 9th. The auto parts company reported $0.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.45 by $0.04. The auto parts company earned $175.55 million during the quarter, compared to the consensus estimate of $142.67 million. Motorcar Parts of America had a negative net margin of 9.05% and a negative trailing twelve-month return on equity of 1.99%.

Does Motorcar Parts of America have any subsidiaries?

Motorcar Parts of America subsidiaries include Dixie, D&V Electronics, Introcan Inc, Central Auto Parts (Shanghai) Co. Ltd, Dixie Auto Electric India Private Limited , Dixie Electric Inc. , Dixie Electric Ltd. , and more.

Who are Motorcar Parts of America's major shareholders?

Top institutional shareholders of Motorcar Parts of America include Donald Smith & CO. Inc. (5.27%), Tieton Capital Management LLC (4.92%), RBF Capital LLC (3.14%) and Geode Capital Management LLC (1.08%). Insiders that own company stock include 325 Capital Llc, Joffe Selwyn, Bison Capital Partners Vi, LP, Douglas B Trussler, Bison Capital Partners Vi-A, L, Joseph Edwin Ferguson, David Bryan, David Sung Lee, Rudolph J Borneo, Kamlesh Shah, Richard K Mochulsky and Patricia W Warfield.
View institutional ownership trends.

How do I buy shares of Motorcar Parts of America?

Shares of MPAA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Motorcar Parts of America own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Motorcar Parts of America investors own include American Water Works (AWK), DiamondRock Hospitality (DRH), The RMR Group (RMR), Waste Connections (WCN), AUO (AUOTY), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 11/09/2021
• Today: 12/21/2024
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Auto/Tires/Trucks
• Industry: Motor vehicle parts & accessories
• Sub-Industry: Automobiles And Trucks
• Current Symbol: NASDAQ:MPAA
• CUSIP: N/A
• CIK: 918251
• Web: www.motorcarparts.com
• Phone: (310) 212-7910
• Fax: 310-212-6315
• Employees: 5,900
• Year Founded: 1968

Price Target and Rating

• Average Stock Price Target: $14.00
• High Stock Price Target: $14.00
• Low Stock Price Target: $14.00
• Potential Upside/Downside: +77.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($3.50)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-49,240,000.00
• Net Margins: -9.05%
• Pretax Margin: -4.05%
• Return on Equity: -1.99%
• Return on Assets: -0.55%

Debt

• Debt-to-Equity Ratio: 0.12
• Current Ratio: 1.39
• Quick Ratio: 0.43

Sales & Book Value

• Annual Sales: $717.68 million
• Price / Sales: 0.22
• Cash Flow: $1.48 per share
• Price / Cash Flow: 5.33
• Book Value: $14.50 per share
• Price / Book: 0.55

Miscellaneous

• Outstanding Shares: 19,850,000
• Free Float: 18,522,000
• Market Cap: $157.01 million
• Optionable: Optionable
• Beta: 1.53