standard motor products inc. - SMP

SMP

Close Chg Chg %
32.16 0.92 2.86%

Closed Market

33.08

+0.92 (2.86%)

Volume: 114.96K

Last Updated:

Nov 22, 2024, 3:58 PM EDT

Company Overview: standard motor products inc. - SMP

SMP Key Data

Open

$32.63

Day Range

32.59 - 33.20

52 Week Range

26.09 - 41.71

Market Cap

$698.79M

Shares Outstanding

21.72M

Public Float

20.58M

Beta

0.51

Rev. Per Employee

N/A

P/E Ratio

11.59

EPS

$2.83

Yield

360.58%

Dividend

$0.29

EX-DIVIDEND DATE

Nov 15, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

161.10K

 

SMP Performance

1 Week
 
-0.09%
 
1 Month
 
13.30%
 
3 Months
 
3.98%
 
1 Year
 
-7.17%
 
5 Years
 
-33.36%
 

SMP Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 1
Full Ratings ➔

About standard motor products inc. - SMP

Standard Motor Products, Inc. engages in the manufacture, distribution, and market of replacement parts for motor vehicles in the automotive aftermarket industry. It operates through the following segments: Vehicle Control, Temperature Control, Engineered Solutions, and Other. The Vehicle Control segment includes the provision of engine management, electrical and safety, wire sets and others. The Temperature Control segment involves the offering of air-conditioner system and other thermal components. The Engineered Solutions segment focuses on applications of thermal management products, sensors, switches, power distribution, electrification and electronics, injection and fuel delivery, ignition and emissions, and clamping devices. The company was founded by Elias Fife and Ralph van Allen in 1919 and is headquartered in Long Island City, NY.

SMP At a Glance

Standard Motor Products, Inc.
37-18 Northern Boulevard
Long Island City, New York 11101
Phone 1-718-392-0200 Revenue 1.36B
Industry Automotive Aftermarket Net Income 63.14M
Sector Consumer Durables Employees 5,200
Fiscal Year-end 12 / 2024
View SEC Filings

SMP Valuation

P/E Current 11.592
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 13.972
Price to Sales Ratio 0.65
Price to Book Ratio 1.374
Price to Cash Flow Ratio 6.116
Enterprise Value to EBITDA 6.624
Enterprise Value to Sales 0.83
Total Debt to Enterprise Value 0.233

SMP Efficiency

Revenue/Employee 261,206.154
Income Per Employee 12,143.077
Receivables Turnover 8.474
Total Asset Turnover 1.046

SMP Liquidity

Current Ratio 2.446
Quick Ratio 0.719
Cash Ratio 0.107

SMP Profitability

Gross Margin 27.942
Operating Margin 10.399
Pretax Margin 6.016
Net Margin 4.649
Return on Assets 4.864
Return on Equity 10.143
Return on Total Capital 7.036
Return on Invested Capital 7.383

SMP Capital Structure

Total Debt to Total Equity 41.307
Total Debt to Total Capital 29.232
Total Debt to Total Assets 19.958
Long-Term Debt to Equity 37.816
Long-Term Debt to Total Capital 26.762
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Standard Motor Products Inc. - SMP

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
1.13B 1.30B 1.37B 1.36B
Sales Growth
-0.82% +15.08% +5.62% -0.99%
Cost of Goods Sold (COGS) incl D&A
800.43M 930.88M 998.58M 978.75M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
26.32M 27.24M 28.30M 29.02M
Depreciation
17.82M 18.24M 19.00M 19.72M
Amortization of Intangibles
8.50M 9.00M 9.30M 9.30M
COGS Growth
-0.70% +16.30% +7.27% -1.99%
Gross Income
328.15M 367.93M 373.24M 379.53M
Gross Income Growth
-1.10% +12.12% +1.44% +1.68%
Gross Profit Margin
+29.08% +28.33% +27.21% +27.94%
2020 2021 2022 2023 5-year trend
SG&A Expense
203.97M 227.05M 235.33M 238.28M
Research & Development
- - - -
-
Other SG&A
203.97M 227.05M 235.33M 238.28M
SGA Growth
-4.11% +11.31% +3.65% +1.26%
Other Operating Expense
- - - -
-
Unusual Expense
3.06M 392.00K 1.89M 5.04M
EBIT after Unusual Expense
121.12M 140.49M 136.02M 136.21M
Non Operating Income/Expense
(11.41M) (8.00M) (27.07M) (43.58M)
Non-Operating Interest Income
109.00K 49.00K 209.00K 517.00K
Equity in Earnings of Affiliates
820.00K 3.29M 3.46M 2.07M
Interest Expense
2.33M 2.03M 10.62M 10.91M
Interest Expense Growth
-55.96% -12.89% +423.52% +2.81%
Gross Interest Expense
2.33M 2.03M 10.62M 10.91M
Interest Capitalized
- - - -
-
Pretax Income
107.38M 130.47M 98.33M 81.72M
Pretax Income Growth
+16.98% +21.50% -24.63% -16.90%
Pretax Margin
+9.51% +10.04% +7.17% +6.02%
Income Tax
26.96M 31.04M 25.21M 18.37M
Income Tax - Current - Domestic
30.37M 26.53M 16.18M 15.42M
Income Tax - Current - Foreign
4.06M 5.85M 8.67M 9.22M
Income Tax - Deferred - Domestic
(7.42M) (1.16M) 1.10M (5.77M)
Income Tax - Deferred - Foreign
(52.00K) (174.00K) (747.00K) (509.00K)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
820.00K 3.29M 3.46M 2.07M
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
80.42M 99.42M 73.13M 63.35M
Minority Interest Expense
- 68.00K 84.00K 204.00K
Net Income
80.42M 99.35M 73.04M 63.14M
Net Income Growth
+16.46% +23.55% -26.48% -13.55%
Net Margin Growth
+7.13% +7.65% +5.32% +4.65%
Extraordinaries & Discontinued Operations
- - (23.02M) (8.47M)
-
Discontinued Operations
- - (23.02M) (8.47M)
-
Net Income After Extraordinaries
57.39M 90.89M 73.04M 63.14M
Preferred Dividends
- - - -
-
Net Income Available to Common
57.39M 90.89M 73.04M 63.14M
EPS (Basic)
2.5652 4.1037 3.3685 2.9077
EPS (Basic) Growth
-0.88% +59.98% -17.92% -13.68%
Basic Shares Outstanding
22.37M 22.15M 21.68M 21.72M
EPS (Diluted)
2.5144 4.0186 3.2991 2.8493
EPS (Diluted) Growth
-0.94% +59.82% -17.90% -13.63%
Diluted Shares Outstanding
22.83M 22.62M 22.14M 22.16M
EBITDA
150.51M 168.13M 166.21M 170.26M
EBITDA Growth
+3.87% +11.71% -1.14% +2.44%
EBITDA Margin
+13.34% +12.94% +12.12% +12.54%

Snapshot

Average Recommendation BUY Average Target Price 40.50
Number of Ratings 1 Current Quarters Estimate 0.37
FY Report Date 12 / 2024 Current Year's Estimate 3.07
Last Quarter’s Earnings 1.28 Median PE on CY Estimate N/A
Year Ago Earnings 2.92 Next Fiscal Year Estimate 3.42
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 1 1 1 1
Mean Estimate 0.37 0.51 3.07 3.42
High Estimates 0.37 0.51 3.07 3.42
Low Estimate 0.37 0.51 3.07 3.42
Coefficient of Variance N/A N/A N/A N/A

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 1 1 1
OVERWEIGHT 0 0 0
HOLD 0 0 0
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Buy

Insider Actions for Standard Motor Products Inc. - SMP

Date Name Shares Transaction Value
Nov 13, 2024 Carmine Joseph Broccole CLO & Secretary 82,154 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 13, 2024 Carmine Joseph Broccole CLO & Secretary 81,241 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $34.96 per share 2,840,185.36
Nov 13, 2024 Ray Nicholas CIO & VP IT 51,728 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 13, 2024 Ray Nicholas CIO & VP IT 51,115 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $35.02 per share 1,790,047.30
Nov 13, 2024 Eric Philip Sills CEO & President; Director 177,372 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 13, 2024 Eric Philip Sills CEO & President; Director 175,651 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $34.97 per share 6,142,515.47
Nov 13, 2024 James J. Burke Chief Operating Officer; Director 75,707 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 13, 2024 Dale Burks Chief Commercial Officer & EVP 69,587 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 13, 2024 Dale Burks Chief Commercial Officer & EVP 67,865 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $34.96 per share 2,372,560.40
Nov 13, 2024 Nathan R. Iles Chief Financial Officer 30,500 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 13, 2024 Nathan R. Iles Chief Financial Officer 29,015 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $34.97 per share 1,014,654.55

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