Standard Motor Products (NYSE:SMP – Get Free Report) issued its quarterly earnings results on Wednesday. The auto parts company reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.09 by $0.19, Briefing.com reports. Standard Motor Products had a return on equity of 10.42% and a net margin of 2.56%. The firm had revenue of $399.27 million for the quarter, compared to analysts’ expectations of $396.10 million. During the same period in the previous year, the firm posted $1.11 EPS. The business’s revenue for the quarter was up 3.3% compared to the same quarter last year.
Standard Motor Products Price Performance
SMP opened at $32.06 on Friday. The firm has a market cap of $696.34 million, a PE ratio of 19.79 and a beta of 0.51. The stock has a 50-day moving average price of $31.81 and a 200-day moving average price of $30.93. Standard Motor Products has a 1 year low of $26.09 and a 1 year high of $41.71. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.25 and a quick ratio of 0.93.
Standard Motor Products Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be paid a $0.29 dividend. The ex-dividend date is Friday, November 15th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.62%. Standard Motor Products’s dividend payout ratio is currently 71.61%.
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.
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