Analyst Ratings for Motorcar Parts of America Inc. (MPAA)Updated: 2017-07-28
Motorcar Parts of America Inc. (NASDAQ:MPAA) was awarded an average rating of Buy from investment analysts following the stock. Last month, MPAA received an average rating of Buy.
3 analysts declared MPAA a buy, 1 issued an overweight rating, 0 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
MPAA was given price targets by several analysts. The most optimistic analyst gave a price target of 39, implying potential capital gains of 40.64 percent. The most pessimistic price target was 32, implying a possible loss of 15.4 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 1.28 percent. That number becomes -33.97 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.44 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -6.94 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 1 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
Analysts estimate earnings of MPAA to grow at a rate of 15.79 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. MPAA has a PEG ratio of 0.91.
MPAA has traded between a high of 34.73 and a low of 21.75 over the past year. Currently the stock is 27.49 percent higher than its low, and 20.16 percent lower than its 52-week high. MPAA has a price/earnings ratio of 14.37. Investors typically compare the P/E ratio to a company's peers in the industry. The MPAA value stock report compares MPAA to some of its peers using value stock charts. The market cap of MPAA is $0.52095 billion. MPAA will post this quarters earnings in days, on 0000-00-00.