Standard Motor Products, Inc. (SMP) Analysts See $0.87 EPS

October 13, 2017 - By Kurt Siggers

 Standard Motor Products, Inc. (SMP) Analysts See $0.87 EPS
Investors sentiment decreased to 1.37 in Q2 2017. Its down 0.40, from 1.77 in 2017Q1. It dropped, as 15 investors sold Standard Motor Products, Inc. shares while 36 reduced holdings. 22 funds opened positions while 48 raised stakes. 17.74 million shares or 1.10% more from 17.54 million shares in 2017Q1 were reported.
New York State Teachers Retirement Systems invested in 55,694 shares. Cap Fund Mgmt Sa holds 12,100 shares. The Minnesota-based Thrivent Finance For Lutherans has invested 0.01% in Standard Motor Products, Inc. (NYSE:SMP). Price T Rowe Incorporated Md reported 12,010 shares. Great West Life Assurance Can holds 0% in Standard Motor Products, Inc. (NYSE:SMP) or 28,169 shares. Deutsche Bank & Trust Ag stated it has 193,161 shares. Riverhead Mgmt Lc has 965 shares for 0% of their portfolio. Rockefeller Services invested 0.24% of its portfolio in Standard Motor Products, Inc. (NYSE:SMP). Aqr Capital Mgmt Limited holds 0% or 41,056 shares. Blackrock holds 2.46 million shares. Moreover, First Quadrant Lp Ca has 0% invested in Standard Motor Products, Inc. (NYSE:SMP) for 3,900 shares. Fmr Limited Liability Corp invested 0.01% in Standard Motor Products, Inc. (NYSE:SMP). Dimensional Fund Advsr Lp, Texas-based fund reported 1.60M shares. Voya Inv Mgmt Limited Liability has 0% invested in Standard Motor Products, Inc. (NYSE:SMP) for 11,155 shares. Opus Capital Grp Ltd Limited Liability Company holds 0.73% of its portfolio in Standard Motor Products, Inc. (NYSE:SMP) for 71,159 shares.

Since May 9, 2017, it had 0 insider purchases, and 8 selling transactions for $1.61 million activity. $98,980 worth of Standard Motor Products, Inc. (NYSE:SMP) was sold by Broccole Carmine Joseph on Tuesday, June 6. $67,590 worth of Standard Motor Products, Inc. (NYSE:SMP) was sold by SILLS PETER J. Another trade for 10,000 shares valued at $503,400 was made by SILLS ARTHUR S on Tuesday, May 9. Shares for $355,414 were sold by SILLS LAWRENCE I.

Analysts expect Standard Motor Products, Inc. (NYSE:SMP) to report $0.87 EPS on October, 26.They anticipate $0.05 EPS change or 5.43 % from last quarter’s $0.92 EPS. SMP’s profit would be $19.84 million giving it 13.48 P/E if the $0.87 EPS is correct. After having $0.81 EPS previously, Standard Motor Products, Inc.’s analysts see 7.41 % EPS growth. The stock decreased 1.57% or $0.75 during the last trading session, reaching $46.92. About 70,413 shares traded. Standard Motor Products, Inc. (NYSE:SMP) has risen 32.15% since October 13, 2016 and is uptrending. It has outperformed by 15.45% the S&P500.

Standard Motor Products, Inc. (NYSE:SMP) Ratings Coverage

Among 4 analysts covering Standard Motor (NYSE:SMP), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Standard Motor had 8 analyst reports since October 15, 2015 according to SRatingsIntel. Jefferies maintained Standard Motor Products, Inc. (NYSE:SMP) rating on Thursday, August 4. Jefferies has “Buy” rating and $50 target. As per Monday, September 11, the company rating was maintained by Jefferies. The stock has “Buy” rating by Sidoti on Monday, April 18. The firm has “Buy” rating by Jefferies given on Tuesday, October 20. As per Thursday, July 6, the company rating was maintained by Jefferies. As per Friday, February 17, the company rating was maintained by FBR Capital. The firm earned “Buy” rating on Thursday, October 15 by BB&T Capital. Jefferies maintained Standard Motor Products, Inc. (NYSE:SMP) rating on Wednesday, August 9. Jefferies has “Buy” rating and $6000 target.

Standard Motor Products, Inc. is an independent maker and distributor of replacement parts for motor vehicles in the automotive aftermarket industry with a complementary focus on heavy duty, industrial equipment and the original equipment service market. The company has market cap of $1.07 billion. The Company’s divisions include Engine Management Segment and Temperature Control Segment. It has a 16.89 P/E ratio. The Engine Management Segment makes and remanufactures ignition and emission parts, ignition wires, battery cables, fuel system parts and sensors for vehicle systems.

More notable recent Standard Motor Products, Inc. (NYSE:SMP) news were published by: Seekingalpha.com which released: “More on Standard Motor Products’ Q2” on July 31, 2017, also Prnewswire.com with their article: “Standard Motor Products Receives Inaugural MERA Certification for Its Diesel …” published on September 21, 2017, Prnewswire.com published: “Standard Motor Products Releases 333 New Parts for StandardĀ® and IntermotorĀ®” on August 14, 2017. More interesting news about Standard Motor Products, Inc. (NYSE:SMP) were released by: Prnewswire.com and their article: “Standard Motor Products, Inc. Announces Second Quarter 2017 Earnings …” published on July 28, 2017 as well as Prnewswire.com‘s news article titled: “Standard Motor Products Launches New Interactive Buyer’s Guide for Standard” with publication date: July 27, 2017.

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