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
| Automobile Components Industry | Consumer Discretionary Sector | Eric Philip Sills CEO | XFRA Exchange | 853666105 CUSIP |
| US Country | 5,600 Employees | 15 May 2026 Last Dividend | 2 Dec 1983 Last Split | 30 Dec 1987 IPO Date |
Standard Motor Products, Inc., founded in 1919 and headquartered in Long Island City, New York, specializes in manufacturing and distributing replacement automotive parts both within the United States and internationally. The company's operations are segmented into three main areas: Vehicle Control, Temperature Control, and Engineered Solutions. Serving a wide range of customers, from retail and distribution outlets to original equipment manufacturers (OEMs) and their suppliers, as well as system integrators and original equipment service part manufacturers, Standard Motor Products, Inc. is an established provider in the automotive parts industry. Their products encompass a broad spectrum of vehicle components, catering to the ignition, emissions, and fuel delivery systems, among others.