News coverage about Motorcar Parts of America (NASDAQ:MPAA) has trended somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Motorcar Parts of America earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave news headlines about the auto parts company an impact score of 46.2758307859286 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the headlines that may have effected Accern Sentiment’s scoring:
- Motorcar Parts of America Reports Fiscal 2018 Second Quarter Results (finance.yahoo.com)
- Motorcar Parts misses Street 2Q forecasts (finance.yahoo.com)
- Motorcar Parts of America, Inc. to Host Earnings Call (finance.yahoo.com)
- Edited Transcript of MPAA earnings conference call or presentation 9-Nov-17 6:00pm GMT (finance.yahoo.com)
- Contrasting Meritor (MTOR) and Motorcar Parts of America (MPAA) (americanbankingnews.com)
Motorcar Parts of America (NASDAQ:MPAA) opened at $25.50 on Friday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.21 and a current ratio of 0.86. The stock has a market cap of $486.29, a P/E ratio of 12.94, a P/E/G ratio of 0.48 and a beta of 0.94. Motorcar Parts of America has a one year low of $24.13 and a one year high of $31.57.
Motorcar Parts of America (NASDAQ:MPAA) last announced its quarterly earnings data on Thursday, November 9th. The auto parts company reported $0.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by ($0.06). The firm had revenue of $111.77 million for the quarter, compared to analysts’ expectations of $112.83 million. Motorcar Parts of America had a net margin of 8.03% and a return on equity of 15.55%. The business’s quarterly revenue was up 2.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.64 EPS. research analysts forecast that Motorcar Parts of America will post 2.32 EPS for the current fiscal year.
MPAA has been the topic of a number of recent analyst reports. ValuEngine lowered shares of Motorcar Parts of America from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Roth Capital set a $32.00 target price on shares of Motorcar Parts of America and gave the stock a “buy” rating in a research report on Sunday, August 20th. Zacks Investment Research lowered shares of Motorcar Parts of America from a “buy” rating to a “hold” rating in a research report on Tuesday, August 29th. Finally, TheStreet lowered shares of Motorcar Parts of America from a “b-” rating to a “c” rating in a research report on Monday, August 28th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $35.50.
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Motorcar Parts of America Company Profile
Motorcar Parts of America, Inc is a manufacturer, remanufacturer and distributor of automotive aftermarket parts, including alternators, starters, wheel hub assembly, brake master cylinders, brake power boosters and turbochargers utilized in imported and domestic passenger vehicles, light trucks and heavy-duty applications.
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