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.
A number of analysts gave price targets for MPAA. The highest price target was 39, implying potential capital gains of 40.64 percent. The most pessimistic analyst gave a price target of 32, implying a possible loss of 15.4 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 1.28 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -33.97 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.44 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -6.94 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, 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 made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of MPAA to grow at a rate of 15.79 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of MPAA is 0.91.
In the last 52-weeks, MPAA has achieved a high of 34.73 and a low of 21.75. Today's price is 27.49 percent above the 52-week low, and below the high by 20.16 percent. MPAA has a P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.