Media coverage about Motorcar Parts of America (NASDAQ:MPAA) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Motorcar Parts of America earned a daily sentiment score of 0.10 on Accern’s scale. Accern also assigned 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 impact on the company’s share price in the near future.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- Motorcar Parts of America, Inc. (MPAA) Given Average Rating of “Hold” by Analysts (americanbankingnews.com)
- Zacks Investment Research Downgrades Motorcar Parts of America, Inc. (MPAA) to Sell (americanbankingnews.com)
- Motorcar Parts of America, Inc. :MPAA-US: Earnings Analysis: Q2, 2018 By the Numbers : November 15, 2017 (finance.yahoo.com)
- ETFs with exposure to Motorcar Parts of America, Inc. : November 16, 2017 (finance.yahoo.com)
- $119.23 Million in Sales Expected for Motorcar Parts of America, Inc. (MPAA) This Quarter (americanbankingnews.com)
Several research firms have weighed in on MPAA. Zacks Investment Research upgraded shares of Motorcar Parts of America from a “hold” rating to a “buy” rating and set a $31.00 target price for the company in a report on Saturday, September 16th. BidaskClub cut shares of Motorcar Parts of America from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th. Roth Capital set a $32.00 price target on shares of Motorcar Parts of America and gave the company a “buy” rating in a research report on Sunday, August 20th. Finally, ValuEngine cut shares of Motorcar Parts of America from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $35.50.
Shares of Motorcar Parts of America (NASDAQ MPAA) opened at $25.21 on Tuesday. The company has a quick ratio of 0.29, a current ratio of 0.89 and a debt-to-equity ratio of 0.06. The stock has a market cap of $482.27, a price-to-earnings ratio of 12.84, a P/E/G ratio of 0.49 and a beta of 0.94. Motorcar Parts of America has a 12 month low of $24.13 and a 12 month high of $31.57.
Motorcar Parts of America (NASDAQ:MPAA) last released its earnings results on Thursday, November 9th. The auto parts company reported $0.50 earnings per share for the quarter, missing the consensus estimate of $0.56 by ($0.06). Motorcar Parts of America had a net margin of 8.03% and a return on equity of 15.15%. The business had revenue of $111.77 million for the quarter, compared to the consensus estimate of $112.83 million. During the same quarter in the previous year, the firm earned $0.64 EPS. The firm’s revenue for the quarter was up 2.7% on a year-over-year basis. analysts expect that Motorcar Parts of America will post 2.23 EPS for the current year.
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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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