Standard Motor Products (SMP) Scheduled to Post Quarterly Earnings on Wednesday

Standard Motor Products (NYSE:SMP) is scheduled to be issuing its quarterly earnings data before the market opens on Wednesday, May 1st. Analysts expect the company to announce earnings of $0.40 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Standard Motor Products (NYSE:SMP) last released its quarterly earnings results on Thursday, February 22nd. The auto parts company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.62 by ($0.25). Standard Motor Products had a net margin of 2.51% and a return on equity of 10.09%. The business had revenue of $290.76 million for the quarter, compared to analysts’ expectations of $313.84 million. On average, analysts expect Standard Motor Products to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Standard Motor Products Stock Performance

Shares of NYSE SMP traded up $0.02 during trading on Tuesday, hitting $32.30. The company had a trading volume of 54,007 shares, compared to its average volume of 126,121. Standard Motor Products has a 12 month low of $30.09 and a 12 month high of $41.71. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.78 and a current ratio of 2.45. The firm has a market capitalization of $729.33 million, a P/E ratio of 21.13 and a beta of 0.61. The stock has a 50 day simple moving average of $32.68 and a 200 day simple moving average of $35.92.

Standard Motor Products Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Thursday, February 15th were given a dividend of $0.29 per share. The ex-dividend date was Wednesday, February 14th. This represents a $1.16 annualized dividend and a dividend yield of 3.59%. Standard Motor Products’s payout ratio is 75.33%.

Analyst Upgrades and Downgrades

SMP has been the subject of a number of recent analyst reports. StockNews.com raised Standard Motor Products from a “hold” rating to a “buy” rating in a research note on Friday, March 29th. TheStreet downgraded Standard Motor Products from a “b” rating to a “c+” rating in a research note on Thursday, February 22nd.

Standard Motor Products Company Profile

Standard Motor Products, Inc manufactures and distributes replacement automotive parts in the United States and internationally. The company operates through three segments: Vehicle Control, Temperature Control, and Engineered Solutions segments. The company provides components for the ignition, emissions, and fuel delivery systems, such as air injection and induction components, air management valves, regulators and solenoids, exhaust gas recirculation components, fuel injectors and related components, fuel valves, ignition coils, connectors and sockets, modules, pumps, relays and fuses, starting and charging system parts, and vapor and purge components.