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SMP

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

32.51USD+0.01 (+0.03%)Delayed as of 22 Apr 2024, 12:51 pm ET

Market Summary

SMP
USD32.51+0.01
Delayedas of 22 Apr 2024, 12:51 pm
0.03%

SMP Stock Price

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SMP RSI Chart

SMP Valuation

Market Cap

712.4M

Price/Earnings (Trailing)

20.86

Price/Sales (Trailing)

0.52

EV/EBITDA

6.7

Price/Free Cashflow

6.16

SMP Price/Sales (Trailing)

SMP Profitability

EBT Margin

6.02%

Return on Equity

5.38%

Return on Assets

2.64%

Free Cashflow Yield

16.23%

SMP Fundamentals

SMP Revenue

Revenue (TTM)

1.4B

Rev. Growth (Yr)

-15.92%

Rev. Growth (Qtr)

-24.76%

SMP Earnings

Earnings (TTM)

34.1M

Earnings Growth (Yr)

-18.9%

Earnings Growth (Qtr)

-3.38%

Breaking Down SMP Revenue

52 Week Range

32.4739.09
(Low)(High)

Last 7 days

1.2%

Last 30 days

-1.4%

Last 90 days

-18.4%

Trailing 12 Months

-9.4%

How does SMP drawdown profile look like?

SMP Financial Health

Current Ratio

2.45

Debt/Equity

0.24

Debt/Cashflow

0.95

SMP Investor Care

Dividend Yield

3.57%

Dividend/Share (TTM)

1.16

Shares Dilution (1Y)

1.53%

Diluted EPS (TTM)

1.54

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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
Apr 18, 2024
FARMERS & MERCHANTS INVESTMENTS INC
unchanged
-
-82.00
436
-%
Apr 18, 2024
Allspring Global Investments Holdings, LLC
new
-
301,279
301,279
-%
Apr 15, 2024
Legato Capital Management LLC
reduced
-3.67
-243,700
1,051,560
0.13%
Apr 15, 2024
EXCHANGE TRADED CONCEPTS, LLC
added
14.28
-14,365
374,619
0.01%
Apr 12, 2024
MILLER HOWARD INVESTMENTS INC /NY
new
-
301,782
301,782
0.01%
Apr 09, 2024
Curbstone Financial Management Corp
unchanged
-
-91,721
491,575
0.11%
Apr 09, 2024
Foster Group, Inc.
added
0.06
-606
403,506
0.02%
Apr 05, 2024
GAMMA Investing LLC
added
87.1
695
1,946
-%
Apr 05, 2024
CWM, LLC
reduced
-5.75
-225,000
866,000
-%
Apr 03, 2024
WealthCollab, LLC
new
-
9,276
9,276
0.01%

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
Apr 16, 2024
DEF 14A
DEF 14A
Apr 16, 2024
ARS
ARS
Feb 22, 2024
8-K
Current Report
Feb 22, 2024
10-K
Annual Report
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 12, 2024
SC 13G/A
Major Ownership Report
Feb 09, 2024
SC 13G/A
Major Ownership Report
Feb 05, 2024
8-K
Current Report
Jan 30, 2024
SC 13G/A
Major Ownership Report
Jan 22, 2024
SC 13G/A
Major Ownership Report

Peers (Alternatives to Standard Motor Products Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
468.2B
96.8B
-16.30% -9.80%
31.22
4.84
18.80% 19.44%
48.9B
171.8B
-1.17% 26.27%
4.85
0.28
9.64% 2.33%
48.5B
176.2B
-5.89% 2.27%
11.14
0.28
11.47% 328.08%
19.4B
20.1B
-11.90% -34.38%
6.61
0.97
14.65% 394.61%
10.8B
26.5B
-17.75% 1.30%
22.44
0.41
-10.61% -1.15%
MID-CAP
7.5B
15.0B
0.24% -32.88%
12.06
0.5
12.05% -33.79%
6.8B
3.0B
0.95% 68.25%
10.16
2.25
9.61% 26.74%
4.4B
14.8B
-1.54% 5.06%
7.29
0.3
-4.09% -39.59%
3.4B
20.1B
-9.73% 13.05%
-4.9
0.17
-3.55% -440.59%
2.6B
15.4B
-14.63% -26.70%
12.35
0.17
7.09% 494.44%
SMALL-CAP
1.1B
1.2B
-2.30% 91.47%
17.84
0.9
33.91% 215.64%
828.9M
6.1B
0.28% -2.21%
-24.67
0.14
4.78% -152.26%
110.2M
576.4M
4.62% -23.63%
2.93
0.19
8.84% 77.79%
50.4M
13.1M
-30.43% -84.00%
-0.41
3.85
160.69% -5.67%
6.7M
498.9K
-16.36% 137.93%
-0.2
13.46
-83.32% -48.94%

Standard Motor Products Inc News

Latest updates
Yahoo Singapore News • 19 Apr 2024 • 01:57 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/Q2023Q42023Q32023Q22023Q12022Q42022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-24.8%291386353328346364381359323310370342277283344248254241308305284
Gross Profit-29.0%82.0011510191.0090.00-10796.0090.0089.0010599.0084.0094.0010864.0070.0073.0092.0089.0078.00
  S&GA Expenses-11.9%70.0080.0074.0070.0072.00-73.0068.0063.0064.0067.0062.0054.0061.0059.0048.0056.0054.0060.0061.0060.00
EBITDA Margin-4.4%0.09*0.10*0.09*0.09*0.10*0.11*0.11*0.11*0.12*0.12*0.13*0.14*0.13*--------
Interest Expenses-30.4%3.004.003.004.004.00-4.002.001.001.001.000.000.000.000.001.001.001.002.002.001.00
Income Taxes-103.6%-0.298.006.004.003.00-8.007.007.005.009.009.008.008.0012.004.003.004.007.007.004.00
Earnings Before Taxes-78.8%7.0033.0025.0017.0011.00-31.0028.0028.0025.0039.0037.0030.0031.0048.0016.0013.0017.0030.0027.0018.00
EBT Margin-4.8%0.06*0.06*0.06*0.06*0.07*0.08*0.08*0.09*0.10*0.10*0.11*0.12*0.11*--------
Net Income-3.4%6.007.009.0012.008.00-9.0019.0019.0019.0024.0027.0021.009.0029.0011.009.0012.0015.0019.0012.00
Net Income Margin-4.0%0.03*0.03*0.03*0.03*0.04*0.05*0.05*0.06*0.07*0.07*0.06*0.07*0.06*--------
Free Cashflow-99.2%1.0085.0055.00-24.8041.0014.0014.002.00-110-0.0448.0028.00-16.36--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-0.5%1,2931,3001,3021,3201,2551,3191,3271,3101,1981,1961,155976957951945941904921970913819
  Current Assets-2.4%744762788804762830843819711711681617599596590585541557606580546
    Cash Equivalents14.2%33.0028.0023.0024.0021.0018.0014.0020.0022.0033.0027.0017.0019.0017.0023.0013.0010.0013.0017.0012.0011.00
  Net PPE7.8%12211310810710710410510310310197.0089.0089.0088.0088.0089.0090.0089.0089.0089.0091.00
  Goodwill0.3%1351341321321321311311321325.0012778.0078.0078.0078.0078.0078.0078.0078.0067.00-
Liabilities-1.9%642654662687634708714687585597560420406406434444400427484440376
  Current Liabilities-18.5%304373348321323374410578476478447313303304338348301330394346313
  Long Term Debt58.9%15195.00164215185211--0.00-------0.000.000.000.000.00
    LT Debt, Non Current58.9%15195.00164215185211--0.00-------0.000.000.000.000.00
Shareholder's Equity0.9%635629640633610610613623613599595557550545511497504494485473467
  Retained Earnings0.0%573573573570564562559546532519501479464460431420417411401387380
  Additional Paid-In Capital-5.8%102108107107106104109108105110107106105107104104103106105104102
Accumulated Depreciation-100.0%-253250244239234234232228224222217214209206201199194193188186
Shares Outstanding0.2%22.0022.0022.0022.0022.0021.0022.0022.0022.0022.0022.0022.00---------
Minority Interest-2.0%16.0016.0011.0011.0011.0011.0011.0011.0011.0012.0012.00----------
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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-87.8%11,36793,52359,812-20,44247,94219,8588,629-103,9626,42655,98534,551-11,39819,29179,49031,904-32,78933,82462,6107,220-26,7262,673
  Share Based Compensation-15.8%1,3551,6102,1011,5321,8511,8622,4851,9802,2902,8082,5851,7962,0342,7611,2032,1031,1751,8941,9481,9002,384
Cashflow From Investing-89.5%-10,643-5,616-5,091-4,350-8,330-6,284-6,754-6,449-7,209-23,066-113,929-7,045-4,643-4,136-4,604-4,416-3,841-9,813-42,9041,746-4,438
Cashflow From Financing101.7%1,386-81,909-56,43027,342-36,517-9,650-6,665108,332-10,101-26,60189,61716,097-12,409-80,933-18,14939,975-32,976-57,01541,44025,173-13,551
  Dividend Payments0.3%6,3186,3026,2836,2615,8265,7805,8875,9355,5015,5445,5465,5885,603--5,6155,1645,1335,1375,1594,710
  Buy Backs------4,05119,0886,51734415,422-11,0964,756--8,726--4,9035,8355,615

SMP Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]   
Net sales[1]$ 1,358,272$ 1,371,815$ 1,298,816
Cost of sales969,446989,276921,885
Gross profit388,826382,539376,931
Selling, general and administrative expenses293,583276,626247,547
Restructuring and integration expenses2,642[2],[3]1,891[2]392
Other income, net761137
Operating income92,677104,135128,999
Other non-operating income, net2,3264,8143,494
Interest expense13,28710,6172,028
Earnings from continuing operations before taxes81,71698,332130,465
Provision for income taxes18,36825,20631,044
Earnings from continuing operations63,34873,12699,421
Loss from discontinued operations, net of income tax benefit of $10,188, $6,216 and $2,975(28,996)(17,691)(8,467)
Net earnings34,35255,43590,954
Net earnings attributable to noncontrolling interest2048468
Net earnings attributable to SMP[4]34,14855,35190,886
Net earnings attributable to SMP   
Earnings from continuing operations63,14473,04299,353
Discontinued operations(28,996)(17,691)(8,467)
Net earnings attributable to SMP[4]$ 34,148$ 55,351$ 90,886
Net earnings per common share - Basic:   
Earnings from continuing operations (in dollars per share)$ 2.91$ 3.37$ 4.49
Discontinued operations (in dollars per share)(1.34)(0.82)(0.39)
Net earnings per common share - Basic (in dollars per share)1.572.554.1
Net earnings per common share - Diluted:   
Earnings from continuing operations (in dollars per share)2.853.34.39
Discontinued operations (in dollars per share)(1.31)(0.8)(0.37)
Net earnings per common share - Diluted (in dollars per share)1.542.54.02
Dividend declared per share (in dollars per share)$ 1.16$ 1.08$ 1
Average number of common shares (in shares)21,716,17721,683,71922,147,479
Average number of common shares and dilutive common shares (in shares)22,161,34122,139,98122,616,456
[1]There are no intersegment sales among our Vehicle Control, Temperature Control and Engineered Solutions operating segments.
[2]Included in restructuring and integration costs in 2023 and 2022 is a $0.1 million and $0.2 million increase, respectively, in environmental cleanup costs related to ongoing monitoring and remediation in connection with the prior closure of our manufacturing operations at our Long Island City, New York location.  The environmental liability has been reclassed to accrued liabilities as of December 31, 2023 and 2022, respectively.
[3]Restructuring and integration expenses incurred during the year ended December 31, 2023 consist of $1.3 million in our Vehicle Control segment, $1.1 million in our Temperature Control segment and $0.2 million in our Engineered Solutions segment.
[4]Throughout this Form 10-K, “SMP” refers to Standard Motor Products, Inc. and subsidiaries.

SMP Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS:  
Cash and cash equivalents$ 32,526$ 21,150
Accounts receivable, less allowances for discounts and expected credit losses of $8,045 and $5,375 in 2023 and 2022, respectively160,282167,638
Inventories507,075528,715
Unreturned customer inventories18,24019,695
Prepaid expenses and other current assets26,10025,241
Total current assets744,223762,439
Property, plant and equipment, net121,872107,148
Operating lease right-of-use assets100,06549,838
Goodwill134,729132,087
Other intangibles, net92,308100,504
Deferred incomes taxes40,53333,658
Investments in unconsolidated affiliates24,05041,745
Other assets35,26727,510
Total assets1,293,0471,254,929
CURRENT LIABILITIES:  
Current portion of revolving credit facility050,000
Current portion of term loan and other debt5,0295,031
Accounts payable107,45589,247
Sundry payables and accrued expenses63,30349,990
Accrued customer returns38,23837,169
Accrued core liability18,39922,952
Accrued rebates42,27837,381
Payroll and commissions29,56131,361
Total current liabilities304,263323,131
Long-term debt151,182184,589
Noncurrent operating lease liabilities88,97440,709
Other accrued liabilities25,74222,157
Accrued asbestos liabilities72,01363,305
Total liabilities642,174633,891
Commitments and contingencies
Stockholders' equity:  
Common Stock - par value $2.00 per share: Authorized 30,000,000 shares, issued 23,936,036 shares47,87247,872
Capital in excess of par value101,751105,615
Retained earnings573,226564,242
Accumulated other comprehensive income(5,974)(12,470)
Treasury stock - at cost (2,018,982 shares and 2,350,377 shares in 2023 and 2022, respectively)(81,811)(95,239)
Total SMP stockholders' equity635,064610,020
Noncontrolling Interest15,80911,018
Total Stockholders' Equity650,873621,038
Total liabilities and stockholders' equity$ 1,293,047$ 1,254,929
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 Apr 19 2024, market cap of Standard Motor Products Inc is 712.36 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 Apr 19 2024, SMP's PE ratio (Price to Earnings) is 20.86 and Price to Sales (PS) ratio is 0.52. 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 -0.003 (multiply by 100 for percentage) rate of return.