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NYSE:SMP

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

Standard Motor Products logo
$30.72 -0.30 (-0.97%)
(As of 12/20/2024 05:31 PM ET)

About Standard Motor Products Stock (NYSE:SMP)

Key Stats

Today's Range
$30.27
$31.19
50-Day Range
$28.66
$35.38
52-Week Range
$26.09
$41.71
Volume
381,947 shs
Average Volume
153,125 shs
Market Capitalization
$667.30 million
P/E Ratio
18.96
Dividend Yield
3.78%
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 7th 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.

  • 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 11.04% in the coming year, from $3.08 to $3.42 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Standard Motor Products is 18.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.00.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Standard Motor Products is 18.96, 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 11.32.

  • Price to Book Value per Share Ratio

    Standard Motor Products has a P/B Ratio of 1.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    2.24% 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 2.7, 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 30.66%, indicating that investor sentiment is improving significantly.
  • Dividend Leadership

    Standard Motor Products is a leading dividend payer. It pays a dividend yield of 3.54%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • 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 71.60%. 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 33.92% 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

    2.24% 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 2.7, 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 30.66%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Standard Motor Products has a news sentiment score of 0.48. 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 1 news article for Standard Motor Products this week, compared to 3 articles on an average week.
  • Search Interest

    Only 1 people have searched for SMP on MarketBeat in the last 30 days. This is a decrease of -50% 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 $387,041.00 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 Releases 2,367 New Numbers in 2024
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Standard Motor Products Introduces New ABS Sensors
Standard Motor Products Broadens Collision Repair Program
See More Headlines

SMP Stock Analysis - Frequently Asked Questions

Standard Motor Products' stock was trading at $39.81 at the beginning of the year. Since then, SMP shares have decreased by 22.8% and is now trading at $30.72.
View the best growth stocks for 2024 here
.

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

Top institutional investors of Standard Motor Products 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

Last Earnings
10/30/2024
Ex-Dividend for 12/2 Dividend
11/15/2024
Dividend Payable
12/02/2024
Today
12/21/2024
Fiscal Year End
12/31/2024

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
+36.7%
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
$1.41 billion
Cash Flow
$3.97 per share
Book Value
$29.95 per share

Miscellaneous

Free Float
20,636,000
Market Cap
$667.30 million
Optionable
Optionable
Beta
0.52

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This page (NYSE:SMP) was last updated on 12/21/2024 by MarketBeat.com Staff
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