Standard Motor Products (SMP)
(Real Time Quote from BATS)
$32.77 USD
+0.67 (2.09%)
Updated Apr 19, 2024 12:04 PM ET
5-Strong Sell of 5 5
A Value A Growth D Momentum A VGM
Company Summary
Long Island City, NY-based Standard Motor Products Inc. was founded in 1919. It is one of the leading manufacturers, distributors and marketers of premium automotive replacement parts for engine management and temperature control systems. It primarily focuses on heavy-duty industrial and original equipment markets. Beginning in 2023, the company has three reporting segments— Vehicle Control, Temperature Control and Engineered Solutions.
The Vehicle Control unit comprises three subcategories- a) Ignition, Emissions & Fuel, including internal combustion engine (ICE) related categories; b) Wire Sets & Other, including spark plug wire sets and other related products and c) ...
Company Summary
Long Island City, NY-based Standard Motor Products Inc. was founded in 1919. It is one of the leading manufacturers, distributors and marketers of premium automotive replacement parts for engine management and temperature control systems. It primarily focuses on heavy-duty industrial and original equipment markets. Beginning in 2023, the company has three reporting segments— Vehicle Control, Temperature Control and Engineered Solutions.
The Vehicle Control unit comprises three subcategories- a) Ignition, Emissions & Fuel, including internal combustion engine (ICE) related categories; b) Wire Sets & Other, including spark plug wire sets and other related products and c) Electrical & Safety, including non-ICE related conventional and evolving vehicle technologies.
The Temperature Control segment comprises two subcategories- a) A/C System Components, including compressors, connecting lines, heat exchangers and expansion devices, which comprise the parts found in a vehicle’s air conditioning system and b) Other Thermal Components, including parts that provide engine, transmission, electric drive motor and battery temperature management.
The Engineered Solutions segment focuses on non-Aftermarket end markets, including both on-highway (commercial and light vehicles) and off-highway (construction, agriculture, power sports and other) applications. Product offerings include a broad array of conventional and future-oriented technologies, including those that are specific to vehicle electrification and those that are powertrain-neutral.
Standard Motor sells products primarily to warehouse distributors like CARQUEST and NAPA Auto Parts; large retail chains such as Advance Auto Parts, Inc., AutoZone, Inc. and O’Reilly Automotive, Inc.; and national program distribution groups, such as Auto Value and All Pro/Bumper to Bumper, original equipment manufacturers (OEMs) and original equipment service part operations. The products are sold in the United States, Canada, Mexico, Europe, Asia and other countries in Latin America.
Total sales of the company in 2023 totaled $1.36 billion. Vehicle Control, Temperature Control and Engineered Solutions accounted for 54.3%, 24.9% and 20.8%, respectively.
General Information
Standard Motor Products, Inc
37-18 NORTHERN BOULEVARD
LONG ISLAND CITY, NY 11101
Phone: 718-392-0200
Fax: 718-392-3270
Email: tony.cristello@smpcorp.com
| Industry | Automotive - Replacement Parts |
| Sector | Auto-Tires-Trucks |
| Fiscal Year End | December |
| Last Reported Quarter | 3/31/2024 |
| Exp Earnings Date | 5/1/2024 |
EPS Information
| Current Quarter EPS Consensus Estimate | 0.40 |
| Current Year EPS Consensus Estimate | 3.03 |
| Estimated Long-Term EPS Growth Rate | NA |
| Exp Earnings Date | 5/1/2024 |
Price and Volume Information
| Zacks Rank |  |
| Yesterday's Close | 32.10 |
| 52 Week High | 41.71 |
| 52 Week Low | 30.09 |
| Beta | 0.61 |
| 20 Day Moving Average | 97,660.20 |
| Target Price Consensus | 40.50 |
| 4 Week | -3.63 |
| 12 Week | -21.57 |
| YTD | -19.37 |
| 4 Week | 0.80 |
| 12 Week | -23.40 |
| YTD | -23.25 |
| Shares Outstanding (millions) | 22.58 |
| Market Capitalization (millions) | 724.80 |
| Short Ratio | NA |
| Last Split Date | NA |
| Dividend Yield | 3.61% |
| Annual Dividend | $1.16 |
| Payout Ratio | 0.40 |
| Change in Payout Ratio | 0.13 |
| Last Dividend Payout / Amount | 2/14/2024 / $0.29 |
Fundamental Ratios
| P/E (F1) | 10.59 |
| Trailing 12 Months | 10.96 |
| PEG Ratio | NA |
| vs. Previous Year | -46.38% |
| vs. Previous Quarter | -66.67% |
| vs. Previous Year | -5.66% |
| vs. Previous Quarter | -24.76% |
| Price/Book | 1.07 |
| Price/Cash Flow | 7.40 |
| Price / Sales | 0.53 |
| 3/31/24 | NA |
| 12/31/23 | 10.09 |
| 9/30/23 | 11.30 |
| 3/31/24 | NA |
| 12/31/23 | 4.97 |
| 9/30/23 | 5.54 |
| 3/31/24 | NA |
| 12/31/23 | 2.45 |
| 9/30/23 | 2.04 |
| 3/31/24 | NA |
| 12/31/23 | 0.78 |
| 9/30/23 | 0.76 |
| 3/31/24 | NA |
| 12/31/23 | 4.77 |
| 9/30/23 | 5.21 |
| 3/31/24 | NA |
| 12/31/23 | 2.51 |
| 9/30/23 | 2.59 |
| 3/31/24 | NA |
| 12/31/23 | 6.02 |
| 9/30/23 | 6.25 |
| 3/31/24 | NA |
| 12/31/23 | 29.95 |
| 9/30/23 | 29.70 |
| 3/31/24 | NA |
| 12/31/23 | 1.93 |
| 9/30/23 | 1.93 |
| 3/31/24 | NA |
| 12/31/23 | 0.23 |
| 9/30/23 | 0.15 |
| 3/31/24 | NA |
| 12/31/23 | 18.85 |
| 9/30/23 | 12.85 |