Cantor Fitzgerald Weighs in on MPAA FY2025 Earnings

Motorcar Parts of America, Inc. (NASDAQ:MPAA) – Stock analysts at Cantor Fitzgerald issued their FY2025 earnings estimates for Motorcar Parts of America in a 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 objective on the stock. The consensus estimate for Motorcar Parts of America’s current full-year earnings is $0.18 per share.

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

Motorcar Parts of America Trading Down 1.5 %

NASDAQ:MPAA opened at $7.12 on Thursday. Motorcar Parts of America has a 12 month low of $4.36 and a 12 month high of $10.40. The company has a current ratio of 1.39, a quick ratio of 0.43 and a debt-to-equity ratio of 0.12. The firm’s 50 day moving average is $7.46 and its 200 day moving average is $6.62. The stock has a market capitalization of $141.33 million, a PE ratio of -2.03 and a beta of 1.49.

Institutional Trading of Motorcar Parts of America

A number of hedge funds and other institutional investors have recently made changes to their positions in MPAA. Captrust Financial Advisors grew its holdings in Motorcar Parts of America by 3.1% during 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 in the last quarter. American Century Companies Inc. grew its stake in Motorcar Parts of America by 2.2% during the second quarter. American Century Companies Inc. now owns 209,443 shares of the auto parts company’s stock valued at $1,292,000 after acquiring an additional 4,595 shares in the last quarter. Equitable Trust Co. increased its holdings in Motorcar Parts of America by 9.3% during the 3rd quarter. Equitable Trust Co. now owns 67,965 shares of the auto parts company’s stock worth $502,000 after acquiring an additional 5,780 shares during the period. Oppenheimer Asset Management Inc. lifted 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 worth $312,000 after purchasing an additional 7,198 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its holdings in Motorcar Parts of America by 9.1% in the 3rd quarter. Victory Capital Management Inc. now owns 96,000 shares of the auto parts company’s stock valued at $709,000 after purchasing an additional 8,000 shares during the period. 83.48% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Director Bison Capital Partners Vi, L.P bought 50,000 shares of the company’s stock in a transaction on Thursday, November 14th. The shares were purchased at an average price of $6.86 per share, for a total transaction 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. The trade was a 18.50 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 6.70% of the company’s stock.

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.