Motorcar Parts of America, Inc. (NASDAQ:MPAA – Free Report) – Analysts at Cantor Fitzgerald issued their FY2026 earnings estimates for Motorcar Parts of America in a research report issued on Monday, June 9th. Cantor Fitzgerald analyst D. Soderberg anticipates that the auto parts company will post earnings per share of $1.43 for the year. The consensus estimate for Motorcar Parts of America’s current full-year earnings is $0.37 per share.
Separately, Wall Street Zen raised Motorcar Parts of America from a “buy” rating to a “strong-buy” rating in a report on Friday, May 16th.
Motorcar Parts of America Stock Up 6.9%
MPAA stock opened at $10.39 on Wednesday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.39 and a current ratio of 1.45. Motorcar Parts of America has a fifty-two week low of $4.36 and a fifty-two week high of $12.72. The firm has a market capitalization of $203.48 million, a price-to-earnings ratio of -10.49 and a beta of 1.37. The company’s 50 day moving average price is $9.94 and its 200 day moving average price is $8.95.
Hedge Funds Weigh In On Motorcar Parts of America
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Balyasny Asset Management L.P. acquired a new stake in shares of Motorcar Parts of America during the 4th quarter valued at about $88,000. Charles Schwab Investment Management Inc. acquired a new stake in shares of Motorcar Parts of America during the 1st quarter worth approximately $95,000. OMERS ADMINISTRATION Corp acquired a new stake in Motorcar Parts of America in the fourth quarter worth $97,000. Corton Capital Inc. bought a new position in Motorcar Parts of America during the 1st quarter worth about $119,000. Finally, Jump Financial LLC bought a new position in shares of Motorcar Parts of America in the 1st quarter valued at about $149,000. 83.48% of the stock is owned by institutional investors.
Motorcar Parts of America Company Profile
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.
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