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SMP

SMP - Standard Motor Products Inc Stock Price, Fair Value and News

31.73USD-0.22 (-0.69%)Market Closed

Market Summary

SMP
USD31.73-0.22
Market Closed
-0.69%

SMP Stock Price

View Fullscreen

SMP RSI Chart

SMP Valuation

Market Cap

692.2M

Price/Earnings (Trailing)

22.29

Price/Sales (Trailing)

0.51

EV/EBITDA

7.37

Price/Free Cashflow

8.18

SMP Price/Sales (Trailing)

SMP Profitability

EBT Margin

5.73%

Return on Equity

4.74%

Return on Assets

2.3%

Free Cashflow Yield

12.23%

SMP Fundamentals

SMP Revenue

Revenue (TTM)

1.4B

Rev. Growth (Yr)

1.03%

Rev. Growth (Qtr)

13.98%

SMP Earnings

Earnings (TTM)

31.1M

Earnings Growth (Yr)

-25.96%

Earnings Growth (Qtr)

37.15%

Breaking Down SMP Revenue

Last 7 days

-2.5%

Last 30 days

-0.6%

Last 90 days

-21.8%

Trailing 12 Months

-14.3%

How does SMP drawdown profile look like?

SMP Financial Health

Current Ratio

2.66

Debt/Equity

0.32

Debt/Cashflow

0.57

SMP Investor Care

Dividend Yield

3.66%

Dividend/Share (TTM)

1.16

Shares Dilution (1Y)

0.66%

Diluted EPS (TTM)

1.39

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20241.4B000
20231.4B1.4B1.4B1.4B
20221.3B1.4B1.4B1.4B
20211.2B1.2B1.3B1.3B
20201.1B1.1B1.1B1.1B
20191.1B1.1B1.1B1.1B
20181.1B1.1B1.1B1.1B
20171.1B1.1B1.1B1.1B
2016983.3M1.0B1.0B1.1B
2015975.2M972.1M985.1M972.0M
2014985.7M988.2M981.0M980.4M
2013967.9M969.2M957.4M983.7M
2012866.1M891.0M930.7M948.9M
2011851.8M864.7M873.4M874.6M
20100760.6M785.7M810.9M
2009000735.4M
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Tracking the Latest Insider Buys and Sells of Standard Motor Products Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Nov 10, 2023
sills eric
sold
-88,876
34.8535
-2,550
ceo & president
Nov 10, 2023
nicholas ray
sold
-43,311
34.872
-1,242
cio & vp it
Nov 10, 2023
burks dale
sold
-62,069
34.773
-1,785
chief commercial officer & evp
Nov 10, 2023
iles nathan r.
sold
-63,451
34.8637
-1,820
chief financial officer
Nov 10, 2023
broccole carmine joseph
sold
-43,033
34.29
-1,255
clo & secretary
Nov 09, 2023
sills eric
acquired
-
-
3,220
ceo & president
Nov 09, 2023
burks dale
acquired
-
-
3,220
chief commercial officer & evp
Nov 09, 2023
iles nathan r.
acquired
-
-
3,220
chief financial officer
Nov 09, 2023
nicholas ray
acquired
-
-
2,013
cio & vp it
Nov 09, 2023
burke james j
acquired
-
-
3,220
chief operating officer

1–10 of 50

Which funds bought or sold SMP recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
COMERICA BANK
reduced
-9.48
-81,039
260,650
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.42
-167,892
659,559
-%
May 15, 2024
DEUTSCHE BANK AG\
reduced
-85.4
-2,386,300
334,829
-%
May 15, 2024
Petrus Trust Company, LTA
sold off
-100
-556,186
-
-%
May 15, 2024
TWO SIGMA ADVISERS, LP
reduced
-68.45
-2,074,990
751,520
-%
May 15, 2024
BARCLAYS PLC
reduced
-36.92
-630,000
714,000
-%
May 15, 2024
TWO SIGMA INVESTMENTS, LP
sold off
-100
-1,068,460
-
-%
May 15, 2024
Tower Research Capital LLC (TRC)
reduced
-94.29
-973,051
49,150
-%
May 15, 2024
Voya Investment Management LLC
reduced
-6.46
-222,201
827,310
-%
May 15, 2024
AMERIPRISE FINANCIAL INC
reduced
-12.73
-3,160,580
8,785,600
-%

1–10 of 50

Are Funds Buying or Selling SMP?

Are funds buying SMP calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own SMP
No. of Funds

Unveiling Standard Motor Products Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
6.41%
1,392,807
SC 13G/A
Feb 12, 2024
william blair investment management, llc
4.8%
1,034,912
SC 13G/A
Feb 09, 2024
dimensional fund advisors lp
6.9%
1,492,360
SC 13G/A
Jan 30, 2024
royce & associates lp
4.9%
1,063,960
SC 13G/A
Jan 22, 2024
blackrock inc.
16.4%
3,561,806
SC 13G/A
Feb 10, 2023
dimensional fund advisors lp
6.4%
1,369,960
SC 13G/A
Feb 09, 2023
william blair investment management, llc
5.1%
1,109,494
SC 13G/A
Feb 09, 2023
vanguard group inc
6.22%
1,342,584
SC 13G/A
Jan 24, 2023
royce & associates lp
6.81%
1,469,073
SC 13G/A
Jan 23, 2023
blackrock inc.
15.6%
3,361,132
SC 13G/A

Recent SEC filings of Standard Motor Products Inc

View All Filings
Date Filed Form Type Document
May 17, 2024
8-K
Current Report
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 01, 2024
8-K
Current Report
May 01, 2024
10-Q
Quarterly Report
Apr 16, 2024
DEF 14A
DEF 14A

Peers (Alternatives to Standard Motor Products Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
566.3B
94.7B
14.23% 0.38%
41.6
5.98
10.12% 15.85%
52.9B
174.9B
7.77% 39.09%
4.95
0.3
8.79% 13.26%
48.9B
177.5B
1.99% 5.50%
12.43
0.28
7.54% 33.01%
22.3B
20.1B
18.40% -13.41%
7.46
1.11
11.06% 348.88%
11.5B
26.5B
6.25% -0.44%
23.91
0.43
-10.61% -1.15%
MID-CAP
8.4B
14.4B
16.35% -17.59%
13.76
0.59
5.28% -36.11%
6.6B
3.1B
-5.82% 52.54%
9.78
2.13
8.82% 17.48%
4.9B
15.4B
13.81% 15.50%
8.56
0.32
2.10% -39.62%
3.7B
19.7B
8.02% -9.26%
-5.7
0.19
-5.64% -9328.57%
2.6B
15.2B
3.59% -19.11%
16.55
0.17
3.04% 1216.67%
SMALL-CAP
1.7B
1.3B
55.08% 113.22%
21.39
1.36
26.17% 337.87%
933.4M
6.2B
14.24% 12.78%
-116.67
0.15
5.67% -113.75%
105.6M
573.5M
-1.13% -36.48%
2.7
0.18
7.12% 39.36%
75.6M
13.1M
41.18% -74.91%
-0.61
5.77
160.69% -5.67%
5.7M
444.2K
-14.93% 90.00%
-0.18
12.82
-78.61% -35.63%

Standard Motor Products Inc News

Latest updates
Yahoo Lifestyle UK • 10 hours ago
Zacks Investment Research • 15 May 2024 • 12:24 pm
Simply Wall St • 04 May 2024 • 07:00 am
Zacks Investment Research • 01 May 2024 • 07:41 pm

Standard Motor Products Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q2
Revenue14.0%331291386353328346364381359323310370342277283344248254241308305
Gross Profit9.8%90.0082.0011510191.0090.00-10796.0090.0089.0010599.0084.0094.0010864.0070.0073.0092.0089.00
  S&GA Expenses6.3%75.0070.0080.0074.0070.0072.00-73.0068.0063.0064.0067.0062.0054.0061.0059.0048.0056.0054.0060.0061.00
EBITDA Margin-4.5%0.09*0.09*0.10*0.09*0.09*0.10*0.11*0.11*0.11*0.12*0.12*0.13*0.14*--------
Interest Expenses-18.0%2.003.004.003.004.004.00-4.002.001.001.001.000.000.000.000.001.001.001.002.002.00
Income Taxes1260.4%3.00-0.298.006.004.003.00-8.007.007.005.009.009.008.008.0012.004.003.004.007.007.00
Earnings Before Taxes91.2%13.007.0033.0025.0017.0011.00-31.0028.0028.0025.0039.0037.0030.0031.0048.0016.0013.0017.0030.0027.00
EBT Margin-4.8%0.06*0.06*0.06*0.06*0.06*0.07*0.08*0.08*0.09*0.10*0.10*0.11*0.12*--------
Net Income37.1%9.006.007.009.0012.008.00-9.0019.0019.0019.0024.0027.0021.009.0029.0011.009.0012.0015.0019.00
Net Income Margin-9.3%0.02*0.03*0.03*0.03*0.03*0.04*0.05*0.05*0.06*0.07*0.07*0.06*0.07*--------
Free Cashflow-7948.4%-55.801.0085.0055.00-24.8041.0014.0014.002.00-110-0.0448.0028.00--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets4.5%1,3521,2931,3001,3021,3201,2551,3191,3271,3101,1981,1961,155976957951945941904921970913
  Current Assets7.0%796744762788804762830843819711711681617599596590585541557606580
    Cash Equivalents-16.6%27.0033.0028.0023.0024.0021.0018.0014.0020.0022.0033.0027.0017.0019.0017.0023.0013.0010.0013.0017.0012.00
  Net PPE2.4%12512211310810710710410510310310197.0089.0089.0088.0088.0089.0090.0089.0089.0089.00
  Goodwill-0.1%1351351341321321321311311321325.0012778.0078.0078.0078.0078.0078.0078.0078.00-
Liabilities8.5%696642654662687634708714687585597560420406406434444400427484440
  Current Liabilities-1.7%299304373348321323374410578476478447313303304338348301330394346
  Long Term Debt38.8%21015195.00164215185211--0.00-------0.000.000.000.00
    LT Debt, Current0.0%5.005.00-------------------
    LT Debt, Non Current-100.0%-15195.00164215185211--0.00-------0.000.000.000.00
Shareholder's Equity3.2%655635629640633610610613623613599595557550545511497504494485473
  Retained Earnings0.4%576573573573570564562559546532519501479464460431420417411401387
  Additional Paid-In Capital0.9%103102108107107106104109108105110107106105107104104103106105104
Accumulated Depreciation1.7%264260253250244239234234232228224222217214209206201199194193188
Shares Outstanding1.0%22.0022.0022.0022.0022.0022.0021.0022.0022.0022.0022.0022.00---------
Minority Interest1.0%16.0016.0016.0011.0011.0011.0011.0011.0011.0011.0012.0012.00---------
Float----738---872---868---826---904-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-502.2%-45,71611,36793,52359,812-20,44247,94219,8588,629-103,9626,42655,98534,551-11,39819,29179,49031,904-32,78933,82462,6107,220-26,726
  Share Based Compensation-6.3%1,2701,3551,6102,1011,5321,8511,8622,4851,9802,2902,8082,5851,7962,0342,7611,2032,1031,1751,8941,9481,900
Cashflow From Investing5.4%-10,071-10,643-5,616-5,091-4,350-8,330-6,284-6,754-6,449-7,209-23,066-113,929-7,045-4,643-4,136-4,604-4,416-3,841-9,813-42,9041,746
Cashflow From Financing3534.9%50,3801,386-81,909-56,43027,342-36,517-9,650-6,665108,332-10,101-26,60189,61716,097-12,409-80,933-18,14939,975-32,976-57,01541,44025,173
  Dividend Payments1.2%6,3926,3186,3026,2836,2615,8265,7805,8875,9355,5015,5445,5465,5885,603--5,6155,1645,1335,1375,159
  Buy Backs-2,235-----4,05119,0886,51734415,422-11,0964,756--8,726--4,9035,835
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SMP Income Statement

2024-03-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]  
Net sales[1]$ 331,403$ 328,028
Cost of sales241,881236,761
Gross profit89,52291,267
Selling, general and administrative expenses74,73369,633
Restructuring and integration expenses192[2]912
Other income, net2224
Operating income14,61920,746
Other non-operating income, net819225
Interest expense2,0673,862
Earnings from continuing operations before income taxes13,37117,109
Provision for income taxes3,3424,372
Earnings from continuing operations10,02912,737
Loss from discontinued operations, net of income taxes(1,039)(780)
Net earnings8,99011,957
Net earnings attributable to noncontrolling interest16639
Net earnings attributable to SMP[3]8,82411,918
Net earnings attributable to SMP  
Earnings from continuing operations9,86312,698
Discontinued operations(1,039)(780)
Net earnings attributable to SMP[3]$ 8,824$ 11,918
Net earnings per common share - Basic:  
Earnings from continuing operations (in dollars per share)$ 0.45$ 0.59
Discontinued operations (in dollars per share)(0.05)(0.04)
Net earnings per common share - Basic (in dollars per share)0.40.55
Net earnings per common share - Diluted:  
Earnings from continuing operations (in dollars per share)0.440.57
Discontinued operations (in dollars per share)(0.05)(0.03)
Net earnings per common share - Diluted (in dollars per share)0.390.54
Dividend declared per share (in dollars per share)$ 0.29$ 0.29
Average number of common shares (in shares)21,923,83021,609,618
Average number of common shares and dilutive common shares (in shares)22,372,54322,097,750
[1]There are no intersegment sales among our Vehicle Control, Temperature Control and Engineered Solutions operating segments.
[2]Restructuring and integration expenses incurred during the three months ended March 31, 2024 consist of $101,000 in our Vehicle Control segment, $58,000 in our Temperature Control segment and $33,000 in our Engineered Solutions segment.
[3]Throughout this Form 10-Q, “SMP” refers to Standard Motor Products, Inc. and subsidiaries.

SMP Balance Sheet

2024-03-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
CURRENT ASSETS:  
Cash and cash equivalents$ 27,113$ 32,526
Accounts receivable, less allowances for discounts and expected credit losses of $8,284 and $8,045 in 2024 and 2023, respectively203,940160,282
Inventories520,702507,075
Unreturned customer inventories18,00718,240
Prepaid expenses and other current assets26,67426,100
Total current assets796,436744,223
Property, plant and equipment, net of accumulated depreciation of $264,168 and $259,656 for 2024 and 2023, respectively124,822121,872
Operating lease right-of-use assets102,060100,065
Goodwill134,624134,729
Other intangibles, net90,00092,308
Deferred income taxes40,24140,533
Investments in unconsolidated affiliates24,75124,050
Other assets38,62735,267
Total assets1,351,5611,293,047
CURRENT LIABILITIES:  
Current portion of term loan and other debt5,0305,029
Accounts payable98,293107,455
Sundry payables and accrued expenses58,71463,303
Accrued customer returns47,22038,238
Accrued core liability17,43818,399
Accrued rebates45,19142,278
Payroll and commissions27,32629,561
Total current liabilities299,212304,263
Long-term debt209,872151,182
Noncurrent operating lease liabilities90,66788,974
Other accrued liabilities27,70425,742
Accrued asbestos liabilities68,98572,013
Total liabilities696,440642,174
Commitments and contingencies
Stockholders' equity:  
Common stock - par value $2.00 per share: Authorized - 30,000,000 shares; issued 23,936,036 shares47,87247,872
Capital in excess of par value102,704101,751
Retained earnings575,658573,226
Accumulated other comprehensive income(5,806)(5,974)
Treasury stock - at cost (2,022,276 shares and 2,018,892 shares in 2024 and 2023, respectively)(81,278)(81,811)
Total SMP stockholders' equity639,150635,064
Noncontrolling interest15,97115,809
Total stockholders' equity655,121650,873
Total liabilities and stockholders' equity$ 1,351,561$ 1,293,047
SMP
Standard Motor Products, Inc. manufactures and distributes automotive parts that are used in the maintenance, repair, and service of vehicles in the automotive aftermarket industry in the United States and internationally. The company's Engine Management segment provides electronic ignition control modules, camshaft and crankshaft position sensors, ignition wires and coils, switches and relays, exhaust gas recirculation valves, pressure and temperature sensors, variable valve timing components, mass airflow and fuel pressure sensors, electronic throttle bodies, and diesel injectors and pumps; and anti-lock brake, vehicle speed, tire pressure monitoring, and park assist sensors. This segment offers its products under the Standard, Blue Streak, Intermotor, OEM, BWD select, techexpert, Locksmart, and pollak brands. Its Temperature Control segment provides components for the temperature control systems, engine cooling systems, power window accessories, and windshield washer systems of motor vehicles under the Four Seasons, ACI, Hayden, Factory Air, and Everco HD brands; also distribute our products to customers for resale under private labels with NAPA Echlin and Belden brands. Its products include air conditioning compressors and repair kits, clutch assemblies, blower and radiator fan motors, filter dryers, evaporators, accumulators, actuators, hose assemblies, thermal expansion devices, heater valves, heater cores, A/C service tools and chemicals, fan assemblies, fan clutches, oil coolers, window lift motors, window regulators and assemblies, and windshield washer pumps. The company serves primarily automotive aftermarket retailers, warehouse distributors, original equipment manufacturers, and original equipment service part manufactures. The company was founded in 1919 and is headquartered in Long Island City, New York.
 CEO
 WEBSITEsmpcorp.com
 INDUSTRYAutos
 EMPLOYEES4900

Standard Motor Products Inc Frequently Asked Questions


What is the ticker symbol for Standard Motor Products Inc? What does SMP stand for in stocks?

SMP is the stock ticker symbol of Standard Motor Products Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Standard Motor Products Inc (SMP)?

As of Fri May 17 2024, market cap of Standard Motor Products Inc is 692.18 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SMP stock?

You can check SMP's fair value in chart for subscribers.

What is the fair value of SMP stock?

You can check SMP's fair value in chart for subscribers. The fair value of Standard Motor Products Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Standard Motor Products Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SMP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Standard Motor Products Inc a good stock to buy?

The fair value guage provides a quick view whether SMP is over valued or under valued. Whether Standard Motor Products Inc is cheap or expensive depends on the assumptions which impact Standard Motor Products Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SMP.

What is Standard Motor Products Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, SMP's PE ratio (Price to Earnings) is 22.29 and Price to Sales (PS) ratio is 0.51. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SMP PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Standard Motor Products Inc's stock?

In the past 10 years, Standard Motor Products Inc has provided -0.012 (multiply by 100 for percentage) rate of return.