Motorcar Parts of America (MPAA) Receiving Somewhat Favorable Media Coverage, Analysis Shows
Media headlines about Motorcar Parts of America (NASDAQ:MPAA) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Motorcar Parts of America earned a media sentiment score of 0.03 on Accern’s scale. Accern also assigned media coverage about the auto parts company an impact score of 46.8008974319228 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
- 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)
Shares of Motorcar Parts of America (NASDAQ MPAA) traded down $0.08 during mid-day trading on Thursday, hitting $24.76. The stock had a trading volume of 132,200 shares, compared to its average volume of 131,837. 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 company has a market capitalization of $473.69, a PE ratio of 12.61, a PEG ratio of 0.48 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 announced its earnings results on Thursday, November 9th. The auto parts company reported $0.50 EPS for the quarter, missing the consensus estimate of $0.56 by ($0.06). The business had revenue of $111.77 million for the quarter, compared to the consensus estimate of $112.83 million. Motorcar Parts of America had a return on equity of 15.15% and a net margin of 8.03%. Motorcar Parts of America’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.64 EPS. equities research analysts forecast that Motorcar Parts of America will post 2.23 earnings per share for the current year.
Several research analysts have issued reports on MPAA shares. Zacks Investment Research upgraded Motorcar Parts of America from a “hold” rating to a “buy” rating and set a $31.00 price objective for the company in a research note on Saturday, September 16th. Roth Capital set a $32.00 price objective on Motorcar Parts of America and gave the stock a “buy” rating in a research note on Sunday, August 20th. ValuEngine lowered Motorcar Parts of America from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Finally, TheStreet lowered Motorcar Parts of America from a “b-” rating to a “c” rating in a research note on Monday, August 28th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $35.50.
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About Motorcar Parts of America
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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