Standard Motor Products, Inc. Stock News

Standard Motor Products is a stable dividend stock, benefiting from non-discretionary demand for aftermarket car parts, with recent European expansion boosting growth prospects. SMP's acquisition of Nissens Automotive enhances its European presence and product offerings, expected to create significant cost and revenue synergies. Despite recent earnings setbacks, SMP's fair value remains around ...

NEW YORK , Nov. 1, 2024 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, today announced the completion of the previously-announced acquisition of AX V Nissens III APS ("Nissens"), a leading European manufacturer and distributor of aftermarket engine cooling and air conditioning products with a growing array of vehicle control t...

Standard Motor Products, Inc. (NYSE:SMP ) Q3 2024 Results Conference Call October 30, 2024 11:00 AM ET Company Participants Tony Cristello - Vice President-Investor Relations Eric Sills - Chairman and Chief Executive Officer Nathan Iles - Chief Financial Officer Conference Call Participants Scott Stember - ROTH MKM Carolina Jolly - Gabelli Operator Good day, everyone, and welcome to the Standar...

Net Sales of $399.3M, up 3.3%, with all three operating segments showing increases Adjusted diluted earnings per share of $1.28, up 15% Adjusted EBITDA up 80 basis points to 12.2% Nissens Automotive acquisition expected to close in near future Full year guidance remains unchanged NEW YORK , Oct. 30, 2024 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manuf...

NEW YORK , Oct. 25, 2024 /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 nine months ended September 30, 2024, on Wednesday, October 30, 2024, before the opening of the stock market. Conference Call Standard Motor Products, Inc. will hold a conference call at 11:00 AM...

NEW YORK , Sept. 17, 2024 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, announced today it has entered into a new five-year $750 million credit facility, with JPMorgan Chase Bank, N.A.

Standard Motor Products, a producer and distributor of automotive parts, has seen its stock rise nicely since my last 'buy' rating in June. The company's Q2 revenue increased by 10.4%, driven by a 28.2% surge in its Temperature Control segment due to early summer orders. Despite revenue growth, net income slightly dropped, and other profitability metrics were mixed, but the company remains attr...

Standard Motor Products, Inc. (NYSE:SMP ) Q2 2024 Earnings Conference Call August 1, 2024 11:00 AM ET Company Participants Tony Cristello – Vice President-Investor Relations Eric Sills – Chairman and Chief Executive Officer Nathan Iles – Chief Financial Officer Conference Call Participants Scott Stember – ROTH MKM Bret Jordan – Jefferies Carolina Jolly – Gabelli Operator Good day, everyone, and...