Research Analysts Offer Predictions for SMP FY2027 Earnings

Standard Motor Products, Inc. (NYSE:SMP) – Research analysts at Zacks Research issued their FY2027 earnings estimates for Standard Motor Products in a research report issued on Thursday, March 20th. Zacks Research analyst R. Department forecasts that the auto parts company will post earnings of $4.23 per share for the year. The consensus estimate for Standard Motor Products’ current full-year earnings is $3.08 per share.

Separately, StockNews.com lowered Standard Motor Products from a “strong-buy” rating to a “hold” rating in a report on Monday, March 3rd.

Standard Motor Products Stock Up 1.6 %

SMP opened at $26.16 on Monday. The company has a fifty day moving average of $29.64 and a two-hundred day moving average of $31.26. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.82 and a current ratio of 2.25. Standard Motor Products has a fifty-two week low of $25.66 and a fifty-two week high of $35.92. The stock has a market capitalization of $571.95 million, a price-to-earnings ratio of 16.15 and a beta of 0.50.

Standard Motor Products (NYSE:SMP) last posted its quarterly earnings results on Thursday, February 27th. The auto parts company reported $0.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.37 by $0.10. Standard Motor Products had a net margin of 2.56% and a return on equity of 10.42%. The company had revenue of $343.35 million during the quarter, compared to analyst estimates of $292.50 million.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Aquatic Capital Management LLC purchased a new stake in Standard Motor Products in the fourth quarter valued at approximately $30,000. Versant Capital Management Inc lifted its position in shares of Standard Motor Products by 147.2% during the fourth quarter. Versant Capital Management Inc now owns 1,031 shares of the auto parts company’s stock worth $32,000 after purchasing an additional 614 shares in the last quarter. FMR LLC increased its stake in Standard Motor Products by 64.6% during the 3rd quarter. FMR LLC now owns 1,745 shares of the auto parts company’s stock worth $58,000 after buying an additional 685 shares during the period. Farther Finance Advisors LLC boosted its position in Standard Motor Products by 20.6% in the 4th quarter. Farther Finance Advisors LLC now owns 2,651 shares of the auto parts company’s stock valued at $82,000 after buying an additional 453 shares during the period. Finally, Polymer Capital Management US LLC purchased a new stake in shares of Standard Motor Products during the fourth quarter worth $239,000. 81.26% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, EVP Dale Burks sold 11,005 shares of the firm’s stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $27.20, for a total transaction of $299,336.00. Following the completion of the sale, the executive vice president now owns 56,860 shares in the company, valued at $1,546,592. This trade represents a 16.22 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 5.00% of the company’s stock.

Standard Motor Products Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were paid a dividend of $0.29 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.16 annualized dividend and a yield of 4.43%. Standard Motor Products’s dividend payout ratio (DPR) is currently 100.81%.

Standard Motor Products Company Profile

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.