Motorcar Parts of America, Inc. (MPAA) EPS Estimated At $0.55

January 13, 2018 - By Peter Erickson

 Motorcar Parts of America, Inc. (MPAA) EPS Estimated At $0.55
Investors sentiment decreased to 1.27 in Q3 2017. Its down 0.39, from 1.66 in 2017Q2. It is negative, as 8 investors sold Motorcar Parts of America, Inc. shares while 37 reduced holdings. 20 funds opened positions while 37 raised stakes. 18.94 million shares or 1.74% more from 18.61 million shares in 2017Q2 were reported.
State Of Tennessee Treasury Department stated it has 0% in Motorcar Parts of America, Inc. (NASDAQ:MPAA). Rhumbline Advisers has 36,965 shares for 0% of their portfolio. California Public Employees Retirement Systems accumulated 26,100 shares. State Of Alaska Department Of Revenue reported 3,704 shares. Ls Invest Ltd Com reported 0% of its portfolio in Motorcar Parts of America, Inc. (NASDAQ:MPAA). Sector Pension Inv Board reported 11,799 shares or 0% of all its holdings. Comerica Commercial Bank reported 0.01% stake. 1.12M are owned by Ameriprise Financial. Ftb Advisors Incorporated holds 0% or 86 shares in its portfolio. Blackrock holds 0% of its portfolio in Motorcar Parts of America, Inc. (NASDAQ:MPAA) for 2.35 million shares. Schafer Cullen Cap accumulated 7,180 shares. Putnam owns 24,349 shares. Bancshares Of America De reported 67,505 shares or 0% of all its holdings. Perritt Cap Management Inc invested in 159,250 shares. Pnc Financial Grp Incorporated has invested 0% in Motorcar Parts of America, Inc. (NASDAQ:MPAA).

Analysts expect Motorcar Parts of America, Inc. (NASDAQ:MPAA) to report $0.55 EPS on February, 8.They anticipate $0.03 EPS change or 5.17 % from last quarter’s $0.58 EPS. MPAA’s profit would be $10.49 million giving it 12.80 P/E if the $0.55 EPS is correct. After having $0.50 EPS previously, Motorcar Parts of America, Inc.’s analysts see 10.00 % EPS growth. The stock increased 0.79% or $0.22 during the last trading session, reaching $28.15. About 88,304 shares traded. Motorcar Parts of America, Inc. (NASDAQ:MPAA) has risen 7.21% since January 13, 2017 and is uptrending. It has underperformed by 9.49% the S&P500.

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

Among 7 analysts covering Motorcar Parts of America (NASDAQ:MPAA), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Motorcar Parts of America has $44 highest and $3100 lowest target. $40.14’s average target is 42.59% above currents $28.15 stock price. Motorcar Parts of America had 14 analyst reports since August 11, 2015 according to SRatingsIntel. Roth Capital maintained Motorcar Parts of America, Inc. (NASDAQ:MPAA) on Tuesday, June 13 with “Buy” rating. The company was maintained on Tuesday, August 8 by Roth Capital. As per Tuesday, November 10, the company rating was maintained by Roth Capital. The firm earned “Buy” rating on Tuesday, August 11 by TH Capital. The company was maintained on Friday, August 18 by Roth Capital. The stock of Motorcar Parts of America, Inc. (NASDAQ:MPAA) earned “Buy” rating by CL King on Monday, March 14. The stock has “Sell” rating by Zacks on Monday, August 17. The company was downgraded on Wednesday, August 10 by B. Riley & Co. The stock of Motorcar Parts of America, Inc. (NASDAQ:MPAA) has “Buy” rating given on Tuesday, August 11 by B. Riley & Co. The stock of Motorcar Parts of America, Inc. (NASDAQ:MPAA) has “Buy” rating given on Wednesday, September 9 by Sidoti.

Motorcar Parts of America, Inc. manufactures, remanufactures, and distributes automotive aftermarket parts. The company has market cap of $536.81 million. The firm offers rotating electrical products, including alternators and starters; wheel hub assemblies and bearings; brake master cylinders; and other products, such as turbochargers and brake power boosters for import and domestic cars, light trucks, heavy duty, agricultural, and industrial applications. It has a 15.73 P/E ratio. It sells its products to automotive retail chain stores and warehouse distributors; and the professional repair market, as well as various automobile manufacturers for their aftermarket programs and warranty replacement programs in North America.

More notable recent Motorcar Parts of America, Inc. (NASDAQ:MPAA) news were published by: Reuters.com which released: “BRIEF-D&V Electronics Ltd. acquired by Motorcar Parts of America” on July 24, 2017, also Seekingalpha.com with their article: “Motorcar Parts Of America: Overvalued” published on May 03, 2017, Globenewswire.com published: “D&V Electronics Ltd. Acquired by Motorcar Parts of America” on July 24, 2017. More interesting news about Motorcar Parts of America, Inc. (NASDAQ:MPAA) were released by: Seekingalpha.com and their article: “Motorcar Parts of America’s (MPAA) CEO Selwyn Joffe on Q4 2017 Results …” published on June 14, 2017 as well as Seekingalpha.com‘s news article titled: “Motorcar Parts Of America Poised To Deliver Growth In The Aftermarket Segment” with publication date: March 30, 2017.

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