FY2027 Earnings Forecast for SMP Issued By Zacks Research

Standard Motor Products, Inc. (NYSE:SMP) – Zacks Research issued their FY2027 earnings per share 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 cut Standard Motor Products from a “strong-buy” rating to a “hold” rating in a report on Monday, March 3rd.

Standard Motor Products Stock Down 1.9 %

Shares of SMP stock opened at $25.70 on Monday. The company has a market capitalization of $561.85 million, a price-to-earnings ratio of 15.86 and a beta of 0.50. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.25 and a quick ratio of 0.82. The company’s fifty day moving average price is $29.54 and its 200-day moving average price is $31.22. Standard Motor Products has a one year low of $25.56 and a one year high of $35.92.

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

Standard Motor Products Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Friday, February 14th were given a dividend of $0.29 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 4.51%. Standard Motor Products’s dividend payout ratio is 100.81%.

Insider Buying and Selling at Standard Motor Products

In other Standard Motor Products news, EVP Dale Burks sold 11,005 shares of the firm’s stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $27.20, for a total transaction of $299,336.00. Following the completion of the transaction, 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 transaction was disclosed in a filing with the SEC, which is available through this link. 5.00% of the stock is currently owned by insiders.

Institutional Trading of Standard Motor Products

Hedge funds have recently modified their holdings of the company. Vanguard Group Inc. increased its position in Standard Motor Products by 4.3% in the fourth quarter. Vanguard Group Inc. now owns 1,655,886 shares of the auto parts company’s stock worth $51,299,000 after purchasing an additional 69,000 shares during the last quarter. William Blair Investment Management LLC grew its stake in shares of Standard Motor Products by 2.1% in the 4th quarter. William Blair Investment Management LLC now owns 929,813 shares of the auto parts company’s stock worth $28,806,000 after buying an additional 19,180 shares in the last quarter. State Street Corp increased its holdings in shares of Standard Motor Products by 2.6% in the 3rd quarter. State Street Corp now owns 783,593 shares of the auto parts company’s stock worth $26,015,000 after buying an additional 19,652 shares during the last quarter. Gamco Investors INC. ET AL raised its position in shares of Standard Motor Products by 4.7% during the 4th quarter. Gamco Investors INC. ET AL now owns 717,457 shares of the auto parts company’s stock valued at $22,227,000 after buying an additional 32,197 shares in the last quarter. Finally, American Century Companies Inc. lifted its holdings in shares of Standard Motor Products by 21.1% in the 4th quarter. American Century Companies Inc. now owns 497,258 shares of the auto parts company’s stock valued at $15,405,000 after acquiring an additional 86,640 shares during the last quarter. 81.26% of the stock is owned by hedge funds and other institutional investors.

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.