Motorcar Parts of America, Inc. (MPAA) EPS Estimated At $0.57

May 19, 2017 - By Maria Brooks

 Motorcar Parts of America, Inc. (MPAA) EPS Estimated At $0.57

Investors wait Motorcar Parts of America, Inc. (NASDAQ:MPAA) to report on June, 13. its quarterly earnings Wall Street analysts expect $0.57 earnings per share, up $0.10 or 21.28 % from last year’s $0.47 same quarter earnings. This translates into $10.62M profit for MPAA giving the stock a 13.31 P/E. This is assuming the current $0.57 EPS is accurate. Motorcar Parts of America, Inc.’s Wall Street analysts see -1.72 % negative EPS growth, taking into account the $0.58 EPS reproted in the previous quarter, About 55,027 shares traded. Motorcar Parts of America, Inc. (NASDAQ:MPAA) has risen 6.00% since April 19, 2017 and is uptrending. It has by 0.00% the S&P500.

Motorcar Parts of America, Inc. (NASDAQ:MPAA) Ratings Coverage

Among 6 analysts covering Motorcar Parts of America (NASDAQ:MPAA), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Motorcar Parts of America had 10 analyst reports since August 11, 2015 according to SRatingsIntel. The stock of Motorcar Parts of America, Inc. (NASDAQ:MPAA) has “Sell” rating given on Monday, August 17 by Zacks. The rating was maintained by Roth Capital with “Buy” on Tuesday, November 10. B. Riley & Co downgraded the shares of MPAA in report on Wednesday, August 10 to “Neutral” rating. The stock has “Buy” rating by B. Riley & Co on Tuesday, August 11. TH Capital maintained it with “Buy” rating and $44 target in Tuesday, November 10 report. TH Capital maintained Motorcar Parts of America, Inc. (NASDAQ:MPAA) rating on Tuesday, August 11. TH Capital has “Buy” rating and $40 target. The company was initiated on Monday, March 14 by CL King. The stock of Motorcar Parts of America, Inc. (NASDAQ:MPAA) earned “Buy” rating by Sidoti on Wednesday, September 9. B. Riley & Co upgraded the stock to “Buy” rating in Thursday, November 10 report.

Investors sentiment increased to 1.49 in 2016 Q4. Its up 0.40, from 1.09 in 2016Q3. It increased, as 11 investors sold Motorcar Parts of America, Inc. shares while 32 reduced holdings. 22 funds opened positions while 42 raised stakes. 18.27 million shares or 4.46% less from 19.12 million shares in 2016Q3 were reported.
Comerica Bancorp holds 0.02% in Motorcar Parts of America, Inc. (NASDAQ:MPAA) or 74,866 shares. California Employees Retirement System owns 27,300 shares. Susquehanna International Group Ltd Liability Partnership reported 0% of its portfolio in Motorcar Parts of America, Inc. (NASDAQ:MPAA). Ameriprise Financial invested 0.02% in Motorcar Parts of America, Inc. (NASDAQ:MPAA). 22,405 are held by Invesco Ltd. Amer holds 0% of its portfolio in Motorcar Parts of America, Inc. (NASDAQ:MPAA) for 13,468 shares. 1.55 million were accumulated by Blackrock Fund Advisors. Deutsche Bancorporation Ag reported 38,177 shares stake. Blackrock Mngmt Lc has 0% invested in Motorcar Parts of America, Inc. (NASDAQ:MPAA) for 96,143 shares. Nationwide Fund has 0% invested in Motorcar Parts of America, Inc. (NASDAQ:MPAA) for 14,731 shares. Creative Planning holds 500 shares. Principal Financial Gru reported 136,880 shares. Ubs Asset Americas accumulated 83 shares. Blackrock Limited owns 33,892 shares for 0% of their portfolio. State Common Retirement Fund reported 0% in Motorcar Parts of America, Inc. (NASDAQ:MPAA).

Since November 15, 2016, it had 3 insider buys, and 4 sales for $845,997 activity. $56,120 worth of Motorcar Parts of America, Inc. (NASDAQ:MPAA) was bought by Mirvis Jeffrey P on Friday, March 24. Shares for $2,994 were bought by Bryan David. The insider Mochulsky Richard K sold $80,910. Daly Kevin Gerard sold $107,647 worth of stock or 3,734 shares. Shares for $78,417 were sold by Borneo Rudolph J. Another trade for 17,000 shares valued at $511,842 was made by Miller Duane Franklin on Tuesday, March 28. 1,000 shares were bought by Ferguson Joseph Edwin, worth $28,840.

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. The company has market cap of $565.48 million. The Firm sells its products in North America to auto parts retail and traditional warehouse chains and to automobile manufacturers for both their aftermarket programs and their warranty replacement programs . It has a 19.63 P/E ratio. It recycles materials, including metal from the used cores and corrugated packaging.

More notable recent Motorcar Parts of America, Inc. (NASDAQ:MPAA) news were published by: Seekingalpha.com which released: “Motorcar Parts Of America: Overvalued” on May 03, 2017, also Seekingalpha.com with their article: “Motorcar Parts Of America Poised To Deliver Growth In The Aftermarket Segment” published on March 30, 2017, Globenewswire.com published: “Motorcar Parts of America Announces Appointment of New Directors” on February 21, 2017. More interesting news about Motorcar Parts of America, Inc. (NASDAQ:MPAA) were released by: Seekingalpha.com and their article: “Motorcar Parts Of America – An American Wonder Or A Bust?” published on November 03, 2016 as well as Seekingalpha.com‘s news article titled: “Motorcar Parts Of America: Time To Re-Kick The Tires” with publication date: June 16, 2016.

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