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NYSE:SMP

Standard Motor Products (SMP) Stock Price, News & Analysis

Standard Motor Products logo
$33.17 -0.52 (-1.54%)
(As of 11/15/2024 ET)

About Standard Motor Products Stock (NYSE:SMP)

Key Stats

Today's Range
$33.08
$33.94
50-Day Range
$28.66
$35.38
52-Week Range
$26.09
$41.71
Volume
131,899 shs
Average Volume
166,113 shs
Market Capitalization
$720.45 million
P/E Ratio
20.48
Dividend Yield
3.50%
Price Target
$42.00
Consensus Rating
Buy

Company Overview

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 and sockets, modules, pumps, relays and fuses, starting and charging system parts, and vapor and purge components. It also offers electrical switches and actuators; chassis and drivetrain sensors, such as anti-lock brake and vehicle speed sensors; fluid level sensors; pressure sensors comprising tire pressure monitoring; temperature sensors; sensors for advanced driver assistance systems; battery cables, pigtails, and sockets, as well as various electrical wire, terminals, connectors, and tools for servicing a vehicle's electrical system; and spark plug, coil on plug boots, and ignition system accessories. In addition, the company offers AC system components that include compressors, air conditioning repair kits, connecting lines, heat exchangers, and expansion devices; parts that provide engine, transmission, electric drive motor, and battery temperature management; thermal management products, sensors, switches, power distribution, electrification and electronics, injections and fuel delivery, ignition and emissions, and clamping devices for commercial and light vehicles, construction, agriculture, power sports, marine, hydraulics, and lawn and garden sectors. It serves retailers and distributors, original equipment manufacturers and their suppliers, system integrators, and original equipment service part manufacturers. The company was founded in 1919 and is headquartered in Long Island City, New York.

Standard Motor Products Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
96th Percentile Overall Score

SMP MarketRank™: 

Standard Motor Products scored higher than 96% of companies evaluated by MarketBeat, and ranked 8th out of 89 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Standard Motor Products 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

    Standard Motor Products has received no research coverage in the past 90 days.

  • Read more about Standard Motor Products' stock forecast and price target.
  • Earnings Growth

    Earnings for Standard Motor Products are expected to grow by 13.20% in the coming year, from $3.03 to $3.43 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Standard Motor Products is 20.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.62.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Standard Motor Products is 20.48, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 11.15.

  • Price to Book Value per Share Ratio

    Standard Motor Products has a P/B Ratio of 1.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Standard Motor Products' valuation and earnings.
  • Percentage of Shares Shorted

    1.95% of the float of Standard Motor Products has been sold short.
  • Short Interest Ratio / Days to Cover

    Standard Motor Products has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Standard Motor Products has recently decreased by 8.82%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Standard Motor Products pays a meaningful dividend of 3.50%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Standard Motor Products does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Standard Motor Products is 71.61%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Standard Motor Products will have a dividend payout ratio of 33.82% next year. This indicates that Standard Motor Products will be able to sustain or increase its dividend.

  • Read more about Standard Motor Products' dividend.
  • Percentage of Shares Shorted

    1.95% of the float of Standard Motor Products has been sold short.
  • Short Interest Ratio / Days to Cover

    Standard Motor Products has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Standard Motor Products has recently decreased by 8.82%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Standard Motor Products has a news sentiment score of -0.15. 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 is a lower news sentiment than the 0.63 average news sentiment score of Auto/Tires/Trucks companies.
  • News Coverage This Week

    MarketBeat has tracked 11 news articles for Standard Motor Products this week, compared to 3 articles on an average week.
  • Search Interest

    2 people have searched for SMP on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • MarketBeat Follows

    3 people have added Standard Motor Products to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Standard Motor Products insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $225,701.00 in company stock.

  • Percentage Held by Insiders

    Only 5.00% of the stock of Standard Motor Products is held by insiders.

  • Percentage Held by Institutions

    81.26% of the stock of Standard Motor Products is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Standard Motor Products' insider trading history.
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SMP Stock News Headlines

Standard Motor Products: Steady Performer Expanding In Europe
JD Vance Predicts: Wall Street vs. Trump & Your Money
Trump's back in the White House, but Wall Street is pissed. Here's the deal: Wall Street's about to purposely crash the bond market to sabotage Trump's comeback.
Standard Motor Products Broadens Collision Repair Program
Standard Motor Products Expands with Nissens Acquisition
See More Headlines

SMP Stock Analysis - Frequently Asked Questions

Standard Motor Products' stock was trading at $39.81 at the beginning of 2024. Since then, SMP stock has decreased by 16.7% and is now trading at $33.17.
View the best growth stocks for 2024 here
.

Standard Motor Products, Inc. (NYSE:SMP) announced its quarterly earnings data on Wednesday, October, 30th. The auto parts company reported $1.28 EPS for the quarter, beating analysts' consensus estimates of $1.09 by $0.19. The firm's quarterly revenue was up 3.3% compared to the same quarter last year.

Standard Motor Products' top institutional investors include Royce & Associates LP (5.97%), State Street Corp (3.61%), Geode Capital Management LLC (2.23%) and Charles Schwab Investment Management Inc. (1.35%). Insiders that own company stock include Lawrence I Sills, Peter J Sills, Eric Sills, Carmine Joseph Broccole, Dale Burks, Ray Nicholas, Nathan R Iles, Thomas Tesoro and Alisa C Norris.
View institutional ownership trends
.

Shares of SMP 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Standard Motor Products investors own include Tesla (TSLA), NVIDIA (NVDA), Advanced Micro Devices (AMD), Home Depot (HD), JPMorgan Chase & Co. (JPM), Visa (V) and Chevron (CVX).

Company Calendar

Ex-Dividend for 9/3 Dividend
8/15/2024
Dividend Payable
9/03/2024
Last Earnings
10/30/2024
Ex-Dividend for 12/2 Dividend
11/15/2024
Today
11/16/2024
Dividend Payable
12/02/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/27/2025

Industry, Sector and Symbol

Industry
Motor vehicle parts & accessories
Sub-Industry
Auto Parts & Equipment
CUSIP
85366610
Employees
5,200
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$42.00
High Stock Price Target
$42.00
Low Stock Price Target
$42.00
Potential Upside/Downside
+26.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$34.15 million
Pretax Margin
5.73%

Debt

Sales & Book Value

Annual Sales
$1.36 billion
Cash Flow
$4.26 per share
Book Value
$30.08 per share

Miscellaneous

Free Float
20,636,000
Market Cap
$720.45 million
Optionable
Optionable
Beta
0.51

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This page (NYSE:SMP) was last updated on 11/17/2024 by MarketBeat.com Staff
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