At the time of writing, Standard Motor Products, Inc [SMP] stock is trading at $33.43, up 0.39%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SMP shares have gain 8.89% over the last week, with a monthly amount glided 13.55%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Standard Motor Products, Inc [NYSE: SMP] stock has seen the most recent analyst activity on June 10, 2022, when MKM Partners initiated its Buy rating and assigned the stock a price target of $62. Previously, CL King upgraded its rating to Buy on June 26, 2020. On December 20, 2019, Stephens initiated with a Overweight rating. CL King downgraded its rating to a Neutral. FBR & Co. reiterated its recommendation of a Mkt Perform and raised its price target to $48 on February 17, 2017. FBR Capital reiterated a Mkt Perform rating for this stock on August 04, 2016, and upped its price target to $40. In a note dated April 18, 2016, Sidoti initiated an Buy rating and provided a target price of $44 on this stock.
For the past year, the stock price of Standard Motor Products, Inc fluctuated between $21.38 and $35.92. Standard Motor Products, Inc [NYSE: SMP] shares were valued at $33.43 at the most recent close of the market.
Analyzing the SMP fundamentals
According to Standard Motor Products, Inc [NYSE:SMP], the company’s sales were 1.55B for trailing twelve months, which represents an 24.74% jump. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.05 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.18.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 33.16 points at the first support level, and at 32.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 33.66, and for the 2nd resistance point, it is at 33.89.
Ratios To Look Out For
It is important to note that Standard Motor Products, Inc [NYSE:SMP] has a current ratio of 2.32. Also, the Quick Ratio is 0.82, while the Cash Ratio stands at 0.11. Considering the valuation of this stock, the price to sales ratio is 0.48, the price to book ratio is 1.15 and price to earnings (TTM) ratio is 12.92.
Transactions by insiders
Recent insider trading involved BURKS DALE, Chief Commercial Officer & EVP, that happened on Mar 11 ’25 when 11005.0 shares were sold. Officer, BURKS DALE completed a deal on Mar 11 ’25 to buy 11005.0 shares. Meanwhile, CIO & VP IT Nicholas Ray sold 4730.0 shares on Dec 09 ’24.
