Motorcar Parts of America remains a "Buy" despite recent revenue and profit declines, with shares trading at very attractive valuation multiples. Management anticipates FY2027 annualized revenue around $900 million, driven by acquisitions and aftermarket growth, despite near-term operational disruptions. MPAA's products are non-discretionary, and rising vehicle age supports resilient aftermarket demand even as auto loan delinquencies rise.
Motorcar Parts of America, Inc. (MPAA) Q1 2027 Earnings Call Prepared Remarks Transcript
Motorcar Parts of America NASDAQ: MPAA reaffirmed its fiscal 2027 outlook after reporting first-quarter sales that were affected by the timing of customer orders, while management pointed to new business commitments, brake-category expansion and operating-efficiency efforts as drivers for the rest of the year.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
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Curtis Ellergodt Rothschild Investment LLC | 43 | $497.81 | $586.52 | $88.71 | 17.82% |
| HL Howard Lu FIRST WILSHIRE SECURITIES MANAGEMENT Inc. | 272,000 | $1.47M | $3.39M | $1.92M | 130.73% |
Donald Smith & Co Donald Smith & Co Inc. | 1.24M | $12.9M | $15.38M | $2.47M | 19.18% |
| NA Nizar Araji National Bank Of Canada /FI/ | 1,550 | $20,336 | $21,095.5 | $759.5 | 3.73% |
| SN Stephanie Nee HARBOR CAPITAL ADVISORS Inc. | 367 | $5,659.18 | $5,002.21 | -$656.97 | -11.61% |
| Automobile Components Industry | Consumer Discretionary Sector | Selwyn H. Joffe CEO | NASDAQ (NGS) Exchange | 620071100 CUSIP |
| US Country | 5,600 Employees | - Last Dividend | - Last Split | 23 Mar 1994 IPO Date |
Motorcar Parts of America, Inc., situated in Torrance, California, has carved a niche in the automotive industry since its incorporation in 1968. Specializing in the manufacture, remanufacture, and distribution of replacement parts tailored for heavy-duty truck, industrial, marine, and agricultural applications across the United States, the company has established itself as a pivotal player. It caters to a broad spectrum of clients ranging from automotive retail chain stores and warehouse distributors to automobile manufacturers seeking aftermarket and warranty replacement parts for North America's vast automotive market.