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Home › Stocks › Standard Motor Products Inc. (SMP) Stock Forecast & Price Prediction United States | NYSE | Consumer Cyclical | Auto Parts
$24.12
-0.12 (-0.50%)10 Quality Stocks Worth Considering Now
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Based on our analysis of 3 Wall Street analysts, SMP has a bullish consensus with a median price target of $40.50 (ranging from $39.00 to $42.00). Currently trading at $24.12, the median forecast implies a 67.9% upside. This outlook is supported by 2 Buy, 0 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Scott Stember at Roth MKM, projecting a 74.1% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for SMP.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
May 23, 2024 | Roth MKM | Scott Stember | Buy | Reiterates | $42.00 |
Jun 10, 2022 | MKM Partners | Scott Stember | Buy | Initiates | $62.00 |
Apr 16, 2020 | Stephens & Co. | Daniel Imbro | Overweight | Maintains | $50.00 |
Dec 20, 2019 | Stephens & Co. | Overweight | Initiates | $0.00 | |
Aug 4, 2016 | Jefferies | Buy | Maintains | $50.00 | |
Apr 18, 2016 | Sidoti & Co. | Buy | Initiates | $0.00 | |
Feb 29, 2016 | Jefferies | Buy | Maintains | $45.00 | |
Jan 25, 2016 | CL King | Buy | Upgrade | $0.00 | |
Jun 23, 2015 | CL King | Neutral | Initiates | $0.00 | |
Jul 16, 2013 | Goldman Sachs | Sell | Downgrade | $0.00 | |
Mar 5, 2013 | B of A Securities | Buy | Maintains | $29.00 | |
Mar 5, 2013 | BB&T Capital | Hold | Downgrade | $0.00 | |
Mar 5, 2013 | Bank of America | Buy | Maintains | $0.00 | |
Sep 12, 2012 | Bank of America | Buy | Initiates | $0.00 | |
Sep 12, 2012 | B of A Securities | Buy | Initiates | $0.00 |
The following stocks are similar to SMP based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Standard Motor Products Inc. has a market capitalization of $551.26M with a P/E ratio of 10.0x. The company generates $1.46B in trailing twelve-month revenue with a 1.9% profit margin.
Revenue growth is +18.1% quarter-over-quarter, while maintaining an operating margin of +15.8% and return on equity of +8.5%.
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Manufactures and distributes automotive replacement parts.
The company generates revenue by producing and selling a wide range of automotive parts, specifically targeting the aftermarket industry. It serves various clients, including automotive retailers and distributors, across North America, Europe, and Asia, ensuring a steady demand for its products.
Founded in 1919 and headquartered in Long Island City, New York, Standard Motor Products emphasizes innovation through ongoing research and development to enhance product performance. Its extensive product lineup includes vital components like switches, sensors, and fuel injectors, which are essential for vehicle efficiency and safety.
Consumer Cyclical
Auto Parts
5,600
Mr. Eric Philip Sills
United States
1987
MBLY's first-quarter earnings match expectations, while revenues surpass the Zacks Consensus Estimate.
LAD reports lower-than-expected Q1 results and hikes its quarterly dividend by 4% to 55 cents.
ORLY reports lower-than-expected first quarter results and expects 2025 EPS in the band of $42.90-$43.40 compared with the previous expected range of $42.60-$43.10.
Standard Motor Products, Inc. (NYSE: SMP) will report Q1 2025 earnings on April 30, 2025, before market open, followed by a conference call at 11:00 AM ET.
Earnings reports can significantly influence stock prices. Standard Motor Products' upcoming earnings release may impact investor sentiment and market performance based on results and guidance.
Zacks emphasizes the Zacks Rank system, focusing on earnings estimates and revisions to identify strong stocks, while also monitoring value, growth, and momentum trends.
The Zacks Rank system highlights stocks with favorable earnings estimates, indicating potential investment opportunities based on growth and momentum trends.
Value stocks SMP, PRAA, MRC, ROCK, and EIX have been screened based on the EV-to-EBITDA ratio, indicating their valuation and earnings potential.
The screening of value stocks using the EV-to-EBITDA ratio highlights potential investment opportunities with attractive valuations and earnings prospects, guiding strategic investment decisions.
Standard Motor Products expands its Electronic Parking Brake Actuator program, a rapidly growing segment in the automotive aftermarket, providing comprehensive coverage for many vehicles.
Growth in parking brake actuators indicates rising demand in the automotive aftermarket, suggesting potential revenue increases for Standard Motor Products and impacting investor confidence.
Standard Motor Products (SMP) has been upgraded to a Zacks Rank #1 (Strong Buy), indicating increased optimism regarding its earnings prospects.
SMP's upgrade to a Zacks Rank #1 signals strong earnings potential, likely boosting investor confidence and driving share prices higher.
Standard Motor Products (SMP) is considered oversold, indicating potential exhaustion of selling pressure, while analysts are raising earnings estimates, suggesting a possible trend reversal.
Standard Motor Products may experience a rebound due to oversold conditions and upgraded earnings estimates from analysts, signaling potential buying opportunities for investors.
Based on our analysis of 3 Wall Street analysts, Standard Motor Products Inc. (SMP) has a median price target of $40.50. The highest price target is $42.00 and the lowest is $39.00.
According to current analyst ratings, SMP has 2 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $24.12. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict SMP stock could reach $40.50 in the next 12 months. This represents a 67.9% increase from the current price of $24.12. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company generates revenue by producing and selling a wide range of automotive parts, specifically targeting the aftermarket industry. It serves various clients, including automotive retailers and distributors, across North America, Europe, and Asia, ensuring a steady demand for its products.
The highest price target for SMP is $42.00 from Scott Stember at Roth MKM, which represents a 74.1% increase from the current price of $24.12.
The lowest price target for SMP is $39.00 from at , which represents a 61.7% increase from the current price of $24.12.
The overall analyst consensus for SMP is bullish. Out of 3 Wall Street analysts, 2 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $40.50.
Stock price projections, including those for Standard Motor Products Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.