Motorcar Parts of America, Inc. (NASDAQ:MPAA – Free Report) – Research analysts at Cantor Fitzgerald issued their FY2026 earnings per share estimates for Motorcar Parts of America in a research report issued on Monday, June 9th. Cantor Fitzgerald analyst D. Soderberg anticipates that the auto parts company will earn $1.43 per share for the year. The consensus estimate for Motorcar Parts of America’s current full-year earnings is $0.37 per share.
Separately, Wall Street Zen raised Motorcar Parts of America from a “buy” rating to a “strong-buy” rating in a report on Friday, May 16th.
Motorcar Parts of America Stock Performance
NASDAQ:MPAA opened at $10.82 on Wednesday. The firm has a market capitalization of $211.90 million, a PE ratio of -10.93 and a beta of 1.37. The business’s fifty day moving average price is $9.98 and its 200 day moving average price is $8.96. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.45 and a quick ratio of 0.39. Motorcar Parts of America has a 12 month low of $4.60 and a 12 month high of $12.72.
Hedge Funds Weigh In On Motorcar Parts of America
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Balyasny Asset Management L.P. acquired a new stake in Motorcar Parts of America in the fourth quarter valued at about $88,000. Charles Schwab Investment Management Inc. acquired a new stake in shares of Motorcar Parts of America during the 1st quarter valued at approximately $95,000. OMERS ADMINISTRATION Corp acquired a new stake in shares of Motorcar Parts of America during the 4th quarter valued at approximately $97,000. Corton Capital Inc. acquired a new stake in shares of Motorcar Parts of America during the 1st quarter valued at approximately $119,000. Finally, Jump Financial LLC acquired a new stake in shares of Motorcar Parts of America during the 1st quarter valued at approximately $149,000. Hedge funds and other institutional investors own 83.48% of the company’s stock.
Motorcar Parts of America Company Profile
Motorcar Parts of America, Inc manufactures, remanufactures, and distributes heavy-duty truck, industrial, marine, and agricultural application replacement parts in the United States. The company offers rotating electrical products, including alternators and starters; wheel hub assemblies and bearings; and brake-related products comprising brake calipers, brake boosters, brake rotors, brake pads, and brake master cylinders.
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