Motorcar Parts of America, Inc. (NASDAQ:MPAA – Free Report) – Cantor Fitzgerald lifted their FY2026 EPS estimates for Motorcar Parts of America in a research report issued on Wednesday, June 11th. Cantor Fitzgerald analyst D. Soderberg now anticipates that the auto parts company will earn $1.52 per share for the year, up from their previous forecast of $1.43. The consensus estimate for Motorcar Parts of America’s current full-year earnings is $0.37 per share.
Separately, Wall Street Zen upgraded shares of Motorcar Parts of America from a “buy” rating to a “strong-buy” rating in a research note on Friday, May 16th.
Motorcar Parts of America Stock Up 4.1%
NASDAQ:MPAA opened at $10.82 on Thursday. The company has a current ratio of 1.45, a quick ratio of 0.39 and a debt-to-equity ratio of 0.12. Motorcar Parts of America has a twelve month low of $4.60 and a twelve month high of $12.72. The company has a market cap of $211.90 million, a PE ratio of -10.93 and a beta of 1.37. The company’s 50 day moving average is $9.98 and its two-hundred day moving average is $8.96.
Institutional Trading of Motorcar Parts of America
Several large investors have recently added to or reduced their stakes in the company. Balyasny Asset Management L.P. purchased a new position in shares of Motorcar Parts of America in the fourth quarter worth about $88,000. Charles Schwab Investment Management Inc. purchased a new stake in shares of Motorcar Parts of America in the 1st quarter valued at $95,000. OMERS ADMINISTRATION Corp acquired a new stake in shares of Motorcar Parts of America in the fourth quarter worth $97,000. Corton Capital Inc. acquired a new stake in shares of Motorcar Parts of America in the first quarter worth $119,000. Finally, Jump Financial LLC purchased a new position in shares of Motorcar Parts of America during the first quarter worth $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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