Equities Analysts Offer Predictions for MPAA FY2025 Earnings

Motorcar Parts of America, Inc. (NASDAQ:MPAA) – Research analysts at Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for shares of Motorcar Parts of America in a research note issued to investors on Tuesday, January 21st. Cantor Fitzgerald analyst D. Soderberg expects that the auto parts company will post earnings of $0.18 per share for the year. Cantor Fitzgerald has a “Overweight” rating and a $14.00 price target on the stock.

Separately, StockNews.com upgraded Motorcar Parts of America from a “hold” rating to a “buy” rating in a report on Wednesday, November 13th.

Motorcar Parts of America Trading Up 0.7 %

Shares of Motorcar Parts of America stock opened at $7.23 on Thursday. The stock has a market capitalization of $143.53 million, a PE ratio of -2.07 and a beta of 1.49. Motorcar Parts of America has a 52 week low of $4.36 and a 52 week high of $10.40. The stock has a 50 day moving average price of $7.45 and a two-hundred day moving average price of $6.60. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.43 and a current ratio of 1.39.

Insider Buying and Selling

In related news, Director Bison Capital Partners Vi, L.P bought 50,000 shares of the business’s stock in a transaction that occurred on Thursday, November 14th. The shares were bought at an average price of $6.86 per share, with a total value of $343,000.00. Following the completion of the transaction, the director now directly owns 320,300 shares in the company, valued at approximately $2,197,258. This represents a 18.50 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 6.70% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Motorcar Parts of America

Large investors have recently bought and sold shares of the stock. Barclays PLC bought a new stake in shares of Motorcar Parts of America in the 3rd quarter worth $79,000. Geode Capital Management LLC grew its position in Motorcar Parts of America by 15.1% in the 3rd quarter. Geode Capital Management LLC now owns 212,994 shares of the auto parts company’s stock worth $1,574,000 after purchasing an additional 27,961 shares in the last quarter. Captrust Financial Advisors increased its stake in Motorcar Parts of America by 3.1% in the 3rd quarter. Captrust Financial Advisors now owns 99,635 shares of the auto parts company’s stock valued at $736,000 after buying an additional 3,005 shares during the last quarter. Oppenheimer Asset Management Inc. increased its stake in Motorcar Parts of America by 20.6% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 42,201 shares of the auto parts company’s stock valued at $312,000 after buying an additional 7,198 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its position in shares of Motorcar Parts of America by 9.1% during the 3rd quarter. Victory Capital Management Inc. now owns 96,000 shares of the auto parts company’s stock worth $709,000 after buying an additional 8,000 shares in the last quarter. 83.48% of the stock is currently owned by institutional investors.

About Motorcar Parts of America

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.