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

Standard Motor Products (NYSE:SMP) is scheduled to release its earnings data before the market opens on Wednesday, October 30th. Analysts expect Standard Motor Products to post earnings of $1.09 per share for the quarter.

Standard Motor Products (NYSE:SMP) last issued its quarterly earnings results on Thursday, August 1st. The auto parts company reported $0.98 earnings per share for the quarter, beating analysts’ consensus estimates of $0.78 by $0.20. Standard Motor Products had a net margin of 2.79% and a return on equity of 9.90%. The company had revenue of $389.80 million during the quarter, compared to the consensus estimate of $365.60 million. During the same period in the prior year, the company earned $0.84 EPS. Standard Motor Products’s revenue was up 10.4% on a year-over-year basis. On average, analysts expect Standard Motor Products to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Standard Motor Products Price Performance

NYSE SMP traded up $0.40 on Monday, reaching $29.65. The company’s stock had a trading volume of 3,781 shares, compared to its average volume of 154,345. Standard Motor Products has a twelve month low of $26.09 and a twelve month high of $41.71. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.93 and a current ratio of 2.46. The stock has a market cap of $643.70 million, a PE ratio of 16.89 and a beta of 0.51. The firm’s 50 day moving average is $31.80 and its two-hundred day moving average is $30.94.

Standard Motor Products Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Thursday, August 15th were issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 3.91%. The ex-dividend date of this dividend was Thursday, August 15th. Standard Motor Products’s payout ratio is 66.29%.

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.