Cantor Fitzgerald Comments on MPAA FY2025 Earnings

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

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

Motorcar Parts of America Price Performance

NASDAQ MPAA opened at $7.23 on Thursday. The company has a quick ratio of 0.43, a current ratio of 1.39 and a debt-to-equity ratio of 0.12. The company has a market cap 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 firm’s 50-day simple moving average is $7.45 and its two-hundred day simple moving average is $6.60.

Insider Transactions at Motorcar Parts of America

In other news, Director Bison Capital Partners Vi, L.P purchased 50,000 shares of the stock in a transaction dated Thursday, November 14th. The shares were purchased at an average cost of $6.86 per share, with a total value of $343,000.00. Following the completion of the acquisition, the director now owns 320,300 shares in the company, valued at $2,197,258. This represents a 18.50 % increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 6.70% of the company’s stock.

Institutional Trading of Motorcar Parts of America

A number of hedge funds and other institutional investors have recently bought and sold shares of MPAA. Barclays PLC bought a new position in Motorcar Parts of America in the 3rd quarter valued at $79,000. Sequoia Financial Advisors LLC bought a new stake in Motorcar Parts of America during the third quarter valued at $281,000. Oppenheimer Asset Management Inc. boosted its stake in Motorcar Parts of America by 20.6% during the third 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 period. Equitable Trust Co. grew its position in Motorcar Parts of America by 9.3% during the third quarter. Equitable Trust Co. now owns 67,965 shares of the auto parts company’s stock worth $502,000 after buying an additional 5,780 shares in the last quarter. Finally, Squarepoint Ops LLC increased its stake in Motorcar Parts of America by 72.1% in the 2nd quarter. Squarepoint Ops LLC now owns 84,221 shares of the auto parts company’s stock worth $520,000 after acquiring an additional 35,285 shares during the last quarter. Institutional investors own 83.48% 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.