Standard Motor Products found using ticker (SMP) now have 3 analysts covering the stock with the consensus suggesting a rating of ‘Strong_Buy’. The range between the high target price and low target price is between 61 and 56 calculating the average target price we see 59.33. Given that the stocks previous close was at 46.48 this is indicating there is a potential upside of 27.6%. The 50 day MA is 51.44 and the 200 moving average now moves to 46.5. The market capitalisation for the company is $1,015m. Company Website: https://www.smpcorp.com
The potential market cap would be $1,296m based on the market concensus.
Standard Motor Products manufactures and distributes replacement parts for motor vehicles in the automotive aftermarket industry. The Engine Management segment offers components for the ignition, electrical, emissions, fuel and safety-related systems of motor vehicles under the Standard, SMP Blue Streak, Intermotor, Standard Diesel, BWD Select, BWD, OEM, TechSmart, Tech Expert, GP Sorensen, LockSmart, and Pollak brand names, as well as under private labels comprising NAPA Echlin and NAPA Belden. This segment’s products include electronic ignition control modules, camshaft and crankshaft position sensors, distributor caps, rotors, ignition wires and coils, switches and relays, EGR valves and variable valve timing components, mass airflow and fuel pressure sensors, and new and remanufactured diesel injectors and pumps, as well as anti-lock brake, vehicle speed, tire pressure monitoring, and park assist sensors. The Temperature Control segment provides components for the temperature control systems, engine cooling systems, power window accessories, and windshield washer systems of motor vehicles under the Four Seasons, EVERCO, ACI, Hayden, Pro Source, and Factory Air brands. It provides air conditioning compressors, air conditioning repair kits, clutch assemblies, blower and radiator fan motors, filter dryers, evaporators, accumulators, hose assemblies, thermal expansion devices, heater valves and cores, A/C service tools and chemicals, fan assemblies and clutches, oil coolers, window lift motors, window regulators and assemblies, and windshield washer pumps. The company sells its products primarily to automotive aftermarket retailers, program distribution groups, warehouse distributors, original equipment manufacturers, and original equipment service part operations in the United States, Canada, Mexico, Europe, Asia, and other Latin American countries. Standard Motor Products was founded in 1919 and is headquartered in Long Island City, New York.
