Motorcar Parts of America, Inc. (NASDAQ:MPAA – Free Report) – Equities researchers at Cantor Fitzgerald issued their FY2026 earnings estimates for Motorcar Parts of America in a research report issued to clients and investors on Monday, June 9th. Cantor Fitzgerald analyst D. Soderberg forecasts that the auto parts company will post earnings of $1.43 per share 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 upgraded shares of Motorcar Parts of America from a “buy” rating to a “strong-buy” rating in a research note on Friday, May 16th.
Motorcar Parts of America Stock Performance
Shares of MPAA stock opened at $10.85 on Wednesday. The company has a 50 day moving average price of $9.98 and a 200-day moving average price of $8.96. Motorcar Parts of America has a 52 week low of $4.72 and a 52 week high of $12.72. The firm has a market capitalization of $212.49 million, a PE ratio of -10.96 and a beta of 1.37. The company has a quick ratio of 0.39, a current ratio of 1.45 and a debt-to-equity ratio of 0.12.
Institutional Trading of Motorcar Parts of America
Large investors have recently made changes to their positions in the stock. Northern Trust Corp grew its position in Motorcar Parts of America by 4.7% during the fourth quarter. Northern Trust Corp now owns 52,469 shares of the auto parts company’s stock valued at $399,000 after buying an additional 2,347 shares during the period. Dimensional Fund Advisors LP grew its position in Motorcar Parts of America by 0.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 961,295 shares of the auto parts company’s stock valued at $7,306,000 after buying an additional 2,960 shares during the period. Geode Capital Management LLC grew its position in Motorcar Parts of America by 1.4% during the fourth quarter. Geode Capital Management LLC now owns 216,019 shares of the auto parts company’s stock valued at $1,643,000 after buying an additional 3,025 shares during the period. Donald Smith & CO. Inc. grew its position in Motorcar Parts of America by 0.4% during the first quarter. Donald Smith & CO. Inc. now owns 1,024,058 shares of the auto parts company’s stock valued at $9,729,000 after buying an additional 3,650 shares during the period. Finally, Charles Schwab Investment Management Inc. bought a new stake in Motorcar Parts of America during the first quarter valued at approximately $95,000. 83.48% of the stock is currently 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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