Standard Motor Products (SMP) remains attractively valued despite trailing the S&P 500 since the March 'buy' call. SMP's Q1 revenue rose 9.1% to $451.2M, with broad-based segment growth and management guiding for low to mid single-digit revenue increases in 2024. Cash flow and EBITDA multiples are compelling, positioning SMP as relatively cheap versus peers, especially on cash flow metrics.
Standard Motor beats Q1 estimates as sales rise 9.1% on broad-based aftermarket growth, while margins improve and 2026 guidance has stayed intact.
Standard Motor Products, Inc. (SMP) Q1 2026 Earnings Call Transcript
Standard Motor Products (SMP) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.81 per share a year ago.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Standard Motor Products (SMP) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Standard Motor Products (SMP) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Standard Motor Products (SMP) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
Here is how Standard Motor Products (SMP) and Yamaha Motor Co., Ltd. (YMHAY) have performed compared to their sector so far this year.