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Standard Motor Products (SMP)
NYSE:SMP
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Standard Motor Products (SMP) Price & Analysis

132 Followers

SMP Stock Chart & Stats

$37.87
-$0.30(-0.98%)
At close: 4:00 PM EST
$37.87
-$0.30(-0.98%)

Bulls Say, Bears Say

Bulls Say
Diverse Aftermarket Product Portfolio And ChannelsSMP’s broad SKU mix across engine management, temperature control, sensors and electrical parts and its multi‑channel distribution (retail, warehouse distributors, professional service) creates recurring, noncyclical replacement demand. This breadth supports steady revenue and reduces exposure to any single subcategory or customer, underpinning durable revenue stability and resilience versus OEM cyclicality.
Accretive Nissens Acquisition And Cross‑sell PotentialThe Nissens acquisition meaningfully enlarged SMP’s revenue base and brought higher-margin, regionally diversified sales. Strong early EBITDA margins and reported mid-single-digit organic growth plus management’s $8M–$12M synergy target (management says they are ahead) indicate durable scale benefits, margin accretion and sustainable cross‑selling opportunities across geographies and channels.
Improving Margins With Constructive Multi‑year GuidanceManagement’s guidance to lift adjusted EBITDA to 11%–12%, coupled with recent margin rebound and operational initiatives (distribution center investment, commonization actions), suggest durable operating leverage. If tariffs are pass‑through and synergy actions hold, higher structural margins can support cash generation and reinvestment over the next several quarters.
Bears Say
Elevated Leverage And Interest BurdenLeverage near 2.7x and a ~$30M annual interest expense materially reduce financial flexibility. Higher debt raises refinancing and covenant risk if margins soften or working capital needs rise, constrains capital allocation for buybacks/dividends or M&A, and makes execution of margin and synergy plans more critical to avoid balance‑sheet stress over the medium term.
Weak And Volatile Cash ConversionLow FCF conversion (~0.33x of net income) and past episodes of negative operating cash flow indicate earnings do not consistently convert to cash. Recent inventory builds reduced operating cash flow; uneven conversion limits capacity to delever, invest in growth, or fund dividends sustainably, and increases sensitivity to working capital swings and tariff‑related cost timing.
Material Weakness In Nissens IT ControlsA disclosed material weakness in IT controls at a recently acquired business raises governance and reporting risk. Remediation can be time‑consuming and costly, may slow integration benefits, and increases the risk of restatements or audit scrutiny. Persistent control gaps would undermine investor confidence and could impede long‑term M&A value realization.

Standard Motor Products News

SMP FAQ

What was Standard Motor Products’s price range in the past 12 months?
Standard Motor Products lowest stock price was $28.85 and its highest was $46.00 in the past 12 months.
    What is Standard Motor Products’s market cap?
    Standard Motor Products’s market cap is $843.78M.
      When is Standard Motor Products’s upcoming earnings report date?
      Standard Motor Products’s upcoming earnings report date is Aug 05, 2026 which is in 70 days.
        How were Standard Motor Products’s earnings last quarter?
        Standard Motor Products released its earnings results on Apr 30, 2026. The company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.06.
          Is Standard Motor Products overvalued?
          According to Wall Street analysts Standard Motor Products’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Standard Motor Products pay dividends?
            Standard Motor Products pays a Quarterly dividend of $0.31 which represents an annual dividend yield of 3.32%. See more information on Standard Motor Products dividends here
              What is Standard Motor Products’s EPS estimate?
              Standard Motor Products’s EPS estimate is 1.39.
                How many shares outstanding does Standard Motor Products have?
                Standard Motor Products has 22,263,279 shares outstanding.
                  What happened to Standard Motor Products’s price movement after its last earnings report?
                  Standard Motor Products reported an EPS of $0.82 in its last earnings report, beating expectations of $0.76. Following the earnings report the stock price went up 1.274%.
                    Which hedge fund is a major shareholder of Standard Motor Products?
                    Currently, no hedge funds are holding shares in SMP
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      Standard Motor Products

                      Standard Motor Products, Inc. manufactures and distributes replacement parts that are used in the maintenance, repair, and service of vehicles in the automotive aftermarket industry with a complementary focus on specialized original equipment parts for manufacturers across agriculture, heavy duty, and construction equipment industries. The company's Engine Management segment provides electronic ignition control modules, camshaft and crankshaft position sensors, ignition wires and coils, switches and relays, exhaust gas recirculation valves, pressure and temperature sensors, variable valve timing components, mass airflow and fuel pressure sensors, electronic throttle bodies, and diesel injectors and pumps; and anti-lock brake, vehicle speed, tire pressure monitoring, and park assist sensors. This segment offers its products under the Standard, Blue Streak, BWD, Intermotor, OEM, SMP Blue Streak Canada, GP Sorensen, Locksmart, Standard Motorcycle, and Blue Streak Race Wires brands. Its Temperature Control segment provides components for the temperature control systems, engine cooling systems, power window accessories, and windshield washer systems of motor vehicles under the Four Seasons, ACI, Hayden, Factory Air, and Maxair brands. Its products include air conditioning compressors and repair kits, clutch assemblies, blower and radiator fan motors, filter dryers, evaporators, accumulators, actuators, hose assemblies, thermal expansion devices, heater valves, heater cores, A/C service tools and chemicals, fan assemblies, fan clutches, oil coolers, window lift motors, window regulators and assemblies, and windshield washer pumps. The company serves primarily automotive aftermarket retailers, warehouse distributors, original equipment manufacturers, and original equipment service part operations in the United States, Canada, Europe, Asia, Mexico, and other Latin American countries. The company was founded in 1919 and is headquartered in Long Island City, New York.

                      Standard Motor Products (SMP) Earnings & Revenues

                      SMP Company Deck

                      SMP Earnings Call

                      Q1 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Positive
                      The call conveyed a generally positive picture: robust top-line growth (22.4% full year), margin expansion, EPS growth, successful initial integration of the Nissens acquisition (meaningful revenue and healthy EBITDA margins), and operational initiatives that are expected to drive synergies. However, there are notable challenges — a material weakness identified at Nissens (IT controls) with remediation underway, a significant decline in the wire sets subcategory, tariff-driven margin compression despite pass-through pricing, reduced operating cash flow due to inventory build, and elevated leverage (2.7x) that management plans to reduce. Management provided a constructive outlook for 2026 (low- to mid-single-digit sales growth; 11%–12% adjusted EBITDA margin) while warning of Q1 comparability and tariff uncertainties. Overall, highlights and positive trends outweigh the disclosed challenges.View all SMP earnings summaries

                      SMP Stock 12 Month Forecast

                      Average Price Target

                      $54.00
                      ▲(42.59% Upside)
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