Cantor Fitzgerald Predicts MPAA FY2025 Earnings

Motorcar Parts of America, Inc. (NASDAQ:MPAA) – Equities researchers at Cantor Fitzgerald issued their FY2025 EPS estimates for Motorcar Parts of America in a report issued 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 currently has a “Overweight” rating and a $14.00 price objective on the stock.

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

Motorcar Parts of America Trading Down 0.8 %

NASDAQ:MPAA opened at $7.18 on Thursday. Motorcar Parts of America has a one year low of $4.36 and a one year high of $10.40. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.39 and a quick ratio of 0.43. The company’s 50-day simple moving average is $7.44 and its 200 day simple moving average is $6.60.

Institutional Trading of Motorcar Parts of America

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Pacific Ridge Capital Partners LLC increased its stake in shares of Motorcar Parts of America by 31.8% in the second quarter. Pacific Ridge Capital Partners LLC now owns 1,110,484 shares of the auto parts company’s stock worth $6,852,000 after purchasing an additional 267,927 shares in the last quarter. Donald Smith & CO. Inc. boosted its position in shares of Motorcar Parts of America by 10.6% during the third quarter. Donald Smith & CO. Inc. now owns 1,040,545 shares of the auto parts company’s stock worth $7,690,000 after acquiring an additional 99,958 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Motorcar Parts of America by 7.2% during the second quarter. Dimensional Fund Advisors LP now owns 954,683 shares of the auto parts company’s stock worth $5,890,000 after acquiring an additional 64,408 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Motorcar Parts of America by 15.1% during the third quarter. Geode Capital Management LLC now owns 212,994 shares of the auto parts company’s stock worth $1,574,000 after acquiring an additional 27,961 shares during the last quarter. Finally, American Century Companies Inc. boosted its position in shares of 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 worth $1,292,000 after acquiring an additional 4,595 shares during the last quarter. 83.48% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Motorcar Parts of America

In other news, Director Bison Capital Partners Vi, L.P acquired 50,000 shares of Motorcar Parts of America stock in a transaction dated Thursday, November 14th. The stock was purchased at an average cost of $6.86 per share, with a total value of $343,000.00. Following the completion of the purchase, the director now directly owns 320,300 shares in the company, valued at approximately $2,197,258. This trade represents a 18.50 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 6.70% of the stock is owned by insiders.

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.