Standard Motor Products Inc (NYSE:SMP) Sentiment Improved, Despite

Sentiment for Standard Motor Products Inc (NYSE:SMP)

Standard Motor Products Inc (NYSE:SMP) institutional sentiment increased to 1.59 in 2019 Q1. Its up 0.32, from 1.27 in 2018Q4. The ratio is positive, as 73 investment managers increased or opened new stock positions, while 46 decreased and sold holdings in Standard Motor Products Inc. The investment managers in our partner’s database now hold: 17.19 million shares, down from 17.63 million shares in 2018Q4. Also, the number of investment managers holding Standard Motor Products Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 11 Reduced: 35 Increased: 52 New Position: 21.

Standard Motor Products, Inc. manufactures and distributes replacement parts for motor vehicles in the automotive aftermarket industry. The company has market cap of $969.68 million. The companyÂ’s Engine Management segment makes engine management replacement parts, including electronic ignition control modules, fuel injectors, remanufactured diesel injectors and pumps, ignition wires, coils, switches, sensors, relays, EGR valves, distributor caps and rotors, electronic throttle bodies, and other engine management components, as well as wire and cable parts. It has a 19.64 P/E ratio. It offers its products primarily under the Standard, Blue Streak, BWD, Select, Intermotor, OEM, LockSmart, TechSmart, Tech Expert, and GP Sorensen brands, as well as through private labels, such as CARQUEST, Duralast, Duralast Gold, Import Direct, Master Pro, NAPA Echlin, NAPA Proformer, Mileage Plus, NAPA Belden, Omni-Spark, Ultima Select, and Driveworks.

The stock decreased 1.92% or $0.85 during the last trading session, reaching $43.44. About 48,953 shares traded. Standard Motor Products, Inc. (NYSE:SMP) has declined 2.99% since August 16, 2018 and is downtrending. It has underperformed by 2.99% the S&P500.

Analysts await Standard Motor Products, Inc. (NYSE:SMP) to report earnings on October, 25. They expect $0.91 EPS, up 9.64 % or $0.08 from last year’s $0.83 per share. SMP’s profit will be $20.31 million for 11.93 P/E if the $0.91 EPS becomes a reality. After $0.92 actual EPS reported by Standard Motor Products, Inc. for the previous quarter, Wall Street now forecasts -1.09 % negative EPS growth.

Neumeier Poma Investment Counsel Llc holds 1.69% of its portfolio in Standard Motor Products, Inc. for 410,140 shares. Tributary Capital Management Llc owns 368,583 shares or 1.31% of their US portfolio. Moreover, Copeland Capital Management Llc has 1% invested in the company for 294,043 shares. The New Jersey-based Palisade Capital Management Llc Nj has invested 0.38% in the stock. Pacific Ridge Capital Partners Llc, a Oregon-based fund reported 27,070 shares.

More notable recent Standard Motor Products, Inc. (NYSE:SMP) news were published by: Prnewswire.com which released: “Standard Motor Products, Inc. Celebrates 100th Anniversary – PRNewswire” on April 22, 2019, also Seekingalpha.com with their article: “UBS goes negative on Chinese auto – Seeking Alpha” published on August 08, 2019, Finance.Yahoo.com published: “Would Standard Motor Products, Inc. (NYSE:SMP) Be Valuable To Income Investors? – Yahoo Finance” on May 24, 2019. More interesting news about Standard Motor Products, Inc. (NYSE:SMP) were released by: Seekingalpha.com and their article: “Standard Motor Products, Inc. (SMP) CEO Eric Sills on Q2 2019 Results – Earnings Call Transcript – Seeking Alpha” published on July 28, 2019 as well as Seekingalpha.com‘s news article titled: “Standard Motor Products (SMP) Presents At Gabelli Annual Automotive Aftermarket Symposium – Slideshow – Seeking Alpha” with publication date: October 31, 2018.

Standard Motor Products, Inc. (NYSE:SMP) Institutional Positions Chart

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