Home Sectors Consumer Cyclical Latest Movement: Standard Motor Products (NYSE: SMP)

Latest Movement: Standard Motor Products (NYSE: SMP)

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Standard Motor Products is in the autos industry and is in the consumer cyclical sector. The company CEO is Eric P. Sills. Standard Motor Products Inc is a manufacturer and distributor of replacement parts for motor vehicles in the automotive aftermarket industry. The company is organized into two major operating segments: Engine Management and Temperature Control.

Previous Intraday Trading Performance:

The SMP stock showed a previous change of -0.33% with an open at 53.87 and a close of 53.91. It reached an intraday high of 54.33 and a low of 53.35.

SeekingAlpha:  Mega auto alliances could pressure suppliers

Liquidity:

The stock has a market cap of $1.2b with 23.1m shares outstanding, of which the float is 21.3m shares. Trading volume reached 45,705 shares compared to its average volume of 68,927 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Standard Motor Products shares returned 0.26% and in the past 30 trading days it returned 12.90%. Over three months, it changed 8.52%. In one year it has changed 12.71% and within that year its 52-week high was 56.54 and its 52-week low was 42.50. SMP stock is 26.85% above its 52 Week Low.

Our calculations show a 200 day moving average of 49.46 and a 50 day moving average of 50.00. Currently SMP stock is trading 8.99% above its 200 day moving average.

SeekingAlpha:  Mega auto alliances could pressure suppliers

Earnings:

The last annual fiscal EPS for the company was reported at 1.88 that ended on 31st of December 2018, which according to the previous close, that is a PE of 28.68. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.63. The TTM EPS is 2.55, which comes to a TTM PE of 21.14. Historically, the PE high was 34.50 and the PE low was 13.70. If the stock reached its PE low, that would represent a price of 34.94, which is a decrease of -35.19%.

The dividend per share is currently 0.92, which is a dividend yield of 1.71%. Also, the payout ratio is 36.08%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 17.59, which means it may be overvalued by -206.49%

Indicators to Watch:

Based on the latest filings, there is 138.50% of institutional ownership. Short-interest is 508,489, which is 2.20% of shares outstanding. The short-interest ratio or days-to-cover ratio is 6.76. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.08

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 9.54%, return on assets is 5.39%, profit margin is 4.19%, price-to-sales is 1.50 and price-to-book is 2.67.

Company Scores:

All scores are out of six:
 0  :Valuation Score
 2  :Past Performance Score
 5  :Financial Strength Score
 2  :Future Growth Score
 2  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.