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Last $31.89 USD
Change Today +0.41 / 1.30%
Volume 167.7K
MPAA On Other Exchanges
Symbol
Exchange
NASDAQ GS
Berlin
As of 8:10 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

motorcar parts of america in (MPAA) Snapshot

Open
$31.33
Previous Close
$31.48
Day High
$32.00
Day Low
$31.23
52 Week High
08/10/15 - $36.62
52 Week Low
02/20/15 - $22.12
Market Cap
579.6M
Average Volume 10 Days
182.1K
EPS TTM
$1.20
Shares Outstanding
18.2M
EX-Date
--
P/E TM
26.7x
Dividend
--
Dividend Yield
--
Current Stock Chart for MOTORCAR PARTS OF AMERICA IN (MPAA)

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motorcar parts of america in (MPAA) Details

Motorcar Parts of America, Inc. remanufactures, manufactures, and distributes automotive aftermarket parts. Its products include alternators, starters, wheel hub assembly products, and brake master cylinders utilized in imported and domestic passenger vehicles, light trucks, and heavy duty applications. The company sells its products to automotive retail outlets and the professional repair market throughout the United States and Canada. Motorcar Parts of America, Inc. was founded in 1968 and is headquartered in Torrance, California.

2,362 Employees
Last Reported Date: 06/15/15
Founded in 1968

motorcar parts of america in (MPAA) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $2.5M
Chief Financial Officer
Total Annual Compensation: $544.3K
Chief Operating Officer
Total Annual Compensation: $724.6K
Vice President, General Counsel and Secretary
Total Annual Compensation: $822.3K
Chief Manufacturing Officer
Total Annual Compensation: $551.5K
Compensation as of Fiscal Year 2015.

motorcar parts of america in (MPAA) Key Developments

Motorcar Parts of America, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended June 30, 2015; Provides Sales Guidance for 2016

Motorcar Parts of America, Inc. reported unaudited consolidated earnings results for the first quarter ended June 30, 2015. For the quarter, the company reported net sales of $85,835,000 against $62,975,000 a year ago. Operating income was $11,615,000 against $10,076,000 a year ago. Income before income tax expense was $3,178,000 against $6,663,000 a year ago. Net income was $1,910,000 or $0.10 diluted per share against $3,949,000 or $0.25 diluted per share for the same period a year ago. Non-GAAP adjusted net sales were $86,623,000 against $63,417,000 a year ago. Non-GAAP adjusted net income was $8,354,000 or $0.44 per share against $4,719,000 or $0.30 per share a year ago. Non-GAAP adjusted EBITDA was $17,715,000 against $11,782,000 for the same period a year ago. EBITDA, as reported was $12,306,000 against $10,709,000 for the same period a year ago. First quarter results were impacted by customer allowances related to new business of $788,000. The increase in adjusted net sales of $23.2 million was due to an increase in rotating electrical net sales of $13.5 million or 25.4% to $66.7 million for the first quarter compared with $53.2 million for the prior year; an increase in net sales of wheel hub, assemblies and bearings of $5.2 million or 50.6% to $15.4 million for the first quarter compared with $10.2 million for the prior year first quarter; and sales of new brake master cylinders product line of $4.5 million, which was launched in late July 2014. Cash flows provided by operations during the 3 months ended June 30, 2015, were approximately $3.3 million. The company expects a strong fiscal year 2016. The company continues to target fiscal 2016 sales guidance of approximately $380 million on an adjusted basis.

Motorcar Parts of America Seeks Acquisitions

Selwyn Joffe, Chairman, President and Chief Executive Officer of Motorcar Parts of America, Inc. (NasdaqGS:MPAA) said, "We are very picky at this point, we do have others in the pipeline that we are looking at, but again nothing that I can tell you it is real or not really, yet still little early. There is a nice pipeline of acquisitions, multiples in the industry actually quite high though. So we have a lot of -- we need to balance our allocation of capital, we have got a lot organic growth that's ahead of us."

Motorcar Parts of America, Inc. to Report Q1, 2016 Results on Aug 10, 2015

Motorcar Parts of America, Inc. announced that they will report Q1, 2016 results at 6:30 AM, Pacific Standard Time on Aug 10, 2015

 

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Industry Analysis

MPAA

Industry Average

Valuation MPAA Industry Range
Price/Earnings 61.4x
Price/Sales 1.7x
Price/Book 2.9x
Price/Cash Flow 60.8x
TEV/Sales 1.6x
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