Standard Motor Products, Inc. Stock News

Despite a recent decline in its stock price, I maintain a 'buy' rating for Standard Motor Products due to strong fundamentals and undervaluation. Its recent acquisition of Nissens Automotive boosted revenue by 18.1%, with organic growth also contributing positively. Financial performance is mixed, but adjusted net income and EBITDA show promising growth, indicating potential for future gains.

Standard Motor Products, Inc. (NYSE:SMP ) Q4 2024 Earnings Conference Call February 27, 2025 11:00 AM ET Company Participants Tony Cristello - VP, IR Eric Sills - Chairman and CEO Nathan Iles - CFO Jim Burke - COO Conference Call Participants Bret Jordan - Jefferies Scott Stember - ROTH MKM Carolina Jolly - Gabelli Robert Smith - Center for Performance Investing Operator Good day, everyone, and...

Fourth quarter net sales of $343 million up 18.1%, and up 5.8% excluding Nissens Acquisition of Nissens closed in November, contributed $35.7 million of sales in the quarter Net sales for the full year of $1.46 billion, up 7.8%, and up 5.1% excluding Nissens Full year adjusted EBITDA of 9.6% Adjusted diluted earnings per share of $0.47 in the quarter and $3.17 for the full year, up 27.0% and 8....

NEW YORK , Feb. 25, 2025 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, is scheduled to report its earnings for the three months and twelve months ended December 31, 2024, before the market opens on February 27, 2025. Conference Call Standard Motor Products, Inc. will hold a conference call at 11:00 AM, Eastern Time, on Thursd...

NEW YORK , Feb. 18, 2025 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP) is pleased to announce the launch of its all-new corporate website. The website, which includes resources for investors, has been completely redesigned in partnership with Scandia, a leading digital and web development agency.

NEW YORK , Feb. 3, 2025 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, announced today that its Board of Directors has approved an increase in its quarterly common stock dividend from twenty-nine cents per share to thirty-one cents per share, payable on March 3, 2025, to shareholders of record on February 14, 2025.  View origi...

NEW YORK , Dec. 19, 2024 /PRNewswire/ -- Standard Motor Products, Inc. (SMP) is pleased to announce that it released a total of 2,367 new part numbers in 2024, including introductions from SMP's Vehicle Control and Temperature Control divisions. New coverage for late-model import and domestic vehicles was added across all powertrains, including advanced internal combustion engine (ICE), hybrid ...

NEW YORK , Dec. 5, 2024 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP) is proud to share that it has again been recognized as one of America's Most Responsible Companies 2025 by Newsweek and Statista. SMP is honored to be one of only 21 companies in the automotive and components sector included in this list.