$0.55 EPS Expected for Motorcar Parts of America, Inc. (MPAA)

January 13, 2018 - By Ellis Scott

 $0.55 EPS Expected for Motorcar Parts of America, Inc. (MPAA)
Investors sentiment decreased to 1.27 in 2017 Q3. Its down 0.39, from 1.66 in 2017Q2. It turned 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.
Northpointe Capital Ltd Limited Liability Company accumulated 300,124 shares or 0.94% of the stock. Zurcher Kantonalbank (Zurich Cantonalbank) invested 0% of its portfolio in Motorcar Parts of America, Inc. (NASDAQ:MPAA). American Intll Grp Incorporated reported 0% in Motorcar Parts of America, Inc. (NASDAQ:MPAA). Vanguard reported 0% stake. The Minnesota-based Us Natl Bank De has invested 0% in Motorcar Parts of America, Inc. (NASDAQ:MPAA). Alphamark Advisors Lc invested in 32,650 shares or 0.41% of the stock. Eqis Mngmt owns 8,302 shares. Aperio Grp Ltd Liability Corporation holds 11,246 shares. State Of New Jersey Common Pension Fund D reported 175,000 shares. Pnc Svcs Gru, a Pennsylvania-based fund reported 115 shares. Ahl Ptnrs Llp owns 0.01% invested in Motorcar Parts of America, Inc. (NASDAQ:MPAA) for 17,199 shares. 26,840 are held by Great West Life Assurance Can. Legal And General Gp Public Limited Company invested 0% in Motorcar Parts of America, Inc. (NASDAQ:MPAA). Ls Invest Advsrs Llc has 0% invested in Motorcar Parts of America, Inc. (NASDAQ:MPAA) for 640 shares. Ameritas Invest Prtn invested 0% of its portfolio 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. As per Tuesday, August 11, the company rating was maintained by TH Capital. The firm has “Buy” rating given on Monday, March 14 by CL King. The firm has “Neutral” rating given on Wednesday, August 10 by B. Riley & Co. The stock has “Buy” rating by B. Riley & Co on Tuesday, August 11. The firm has “Buy” rating by Roth Capital given on Tuesday, November 10. The firm has “Buy” rating by Roth Capital given on Tuesday, August 8. Roth Capital maintained the shares of MPAA in report on Tuesday, June 13 with “Buy” rating. The stock of Motorcar Parts of America, Inc. (NASDAQ:MPAA) has “Buy” rating given on Tuesday, November 10 by TH Capital. Zacks upgraded the shares of MPAA in report on Monday, August 17 to “Sell” rating. As per Wednesday, September 9, the company rating was initiated 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: Seekingalpha.com which released: “Motorcar Parts Of America: Overvalued” on May 03, 2017, also Seekingalpha.com with their article: “Motorcar Parts of America’s (MPAA) CEO Selwyn Joffe on Q1 2018 Results …” published on August 11, 2017, Reuters.com published: “BRIEF-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 Globenewswire.com‘s news article titled: “Motorcar Parts of America Receives Vendor of the Year Award From Advance Auto …” with publication date: August 25, 2017.

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