
Motorcar Parts of America, Inc. (NASDAQ:MPAA – Free Report) – Investment analysts at Cantor Fitzgerald cut their FY2026 earnings per share (EPS) estimates for shares of Motorcar Parts of America in a report issued on Tuesday, November 11th. Cantor Fitzgerald analyst D. Soderberg now expects that the auto parts company will post earnings of $0.99 per share for the year, down from their prior estimate of $1.33. The consensus estimate for Motorcar Parts of America’s current full-year earnings is $0.37 per share.
MPAA has been the subject of several other reports. Weiss Ratings reissued a “hold (c-)” rating on shares of Motorcar Parts of America in a research note on Wednesday, October 8th. Zacks Research raised shares of Motorcar Parts of America from a “strong sell” rating to a “hold” rating in a research report on Monday, October 13th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $14.00.
Motorcar Parts of America Stock Performance
Shares of NASDAQ MPAA traded down $0.42 during mid-day trading on Thursday, hitting $13.07. The company had a trading volume of 74,978 shares, compared to its average volume of 160,787. The firm’s 50 day simple moving average is $15.98 and its two-hundred day simple moving average is $13.11. The stock has a market cap of $252.93 million, a price-to-earnings ratio of 186.74 and a beta of 1.42. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.44 and a quick ratio of 0.42. Motorcar Parts of America has a 12 month low of $5.38 and a 12 month high of $18.12.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the stock. Osaic Holdings Inc. lifted its position in Motorcar Parts of America by 4.1% during the second quarter. Osaic Holdings Inc. now owns 23,712 shares of the auto parts company’s stock worth $266,000 after acquiring an additional 933 shares during the last quarter. Lazard Asset Management LLC boosted its position in Motorcar Parts of America by 4.5% during the 2nd quarter. Lazard Asset Management LLC now owns 27,805 shares of the auto parts company’s stock worth $311,000 after buying an additional 1,191 shares during the period. Invesco Ltd. raised its position in Motorcar Parts of America by 5.4% during the 2nd quarter. Invesco Ltd. now owns 39,479 shares of the auto parts company’s stock worth $442,000 after purchasing an additional 2,009 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in shares of Motorcar Parts of America by 2,191.3% in the second quarter. BNP Paribas Financial Markets now owns 2,887 shares of the auto parts company’s stock worth $32,000 after acquiring an additional 2,761 shares during the period. Finally, Donald Smith & CO. Inc. raised its position in shares of Motorcar Parts of America by 0.4% in the 1st quarter. Donald Smith & CO. Inc. now owns 1,024,058 shares of the auto parts company’s stock worth $9,729,000 after acquiring an additional 3,650 shares in the last quarter. 83.48% of the stock is owned by institutional investors and hedge funds.
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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