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Standard Motor Products, Inc. (SMP)

  • Oct. 14, 2014, 10:09 AM
    • Auto suppliers are off and running after Goldman Sachs issues some upgrades in the sector with a positive stance on demand.
    • Goldman's call on the sector follows a positive spin from Barron's over the weekend.
    • Gainers: Federal-Mogul (NASDAQ:FDML) +6.0%, American Axle & Manufacturing (NYSE:AXL) +5.7%, Delphi Automotive (NYSE:DLPH) +3.2%, BorgWarner (NYSE:BWA) +2.7%, Standard Motor Products (NYSE:SMP) +2.5%, Gentherm (NASDAQ:THRM) +1.9%.
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  • May. 12, 2014, 10:38 AM
    • Auto parts stocks are ripping gains to begin the week.
    • A positive read on global demand from Volkswagen, General Motors, and Tata Motors could be helping to tip sentiment in favor of the group.
    • Advancers: Meritor (MTOR+4.2%, Federal-Mogul (FDML+3.8%, Standard Motor Products (SMP+3.6%, Modine Manufacturing (MOD+3.2%, American Axle & Manufacturing (AXL+3.0%.
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  • Aug. 6, 2012, 9:05 AM
    Standard Motor Products (SMP) declares $0.09/share quarterly dividend, in line with previous. Forward yield 2.56%. For shareholders of record Aug 14. Payable Sep 04. Ex-div date Aug 14. Shares +1.9% premarket. (PR)
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  • Jul. 18, 2012, 10:49 AM
    Shares of a number of auto suppliers move higher with sector upgrades tipping sentiment. A rating boost by Jefferies on Oshkosh Truck (OSK +5.1%) to Buy from Hold and JPMorgan's initiation of TRW Automotive (TRW +3.7%) at Overweight leads the charge. A common theme with analysts is that improvement in commercial and construction markets will help offset defense-industry sluggishness. Sector gainers: BWA +2.5%, NAV +1.9%, FSYS +3.2%, FDML +2.6%, SMP +2.5%, GNTX +2.3%.
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  • Mar. 6, 2012, 12:09 PM
    Standard Motor Products (SMP -16.7%) drops after its Q4 revenue fell short of Street projections. The company also guided to Q1 sales flat to slightly below its 2011 Q1 numbers.
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  • Nov. 22, 2011, 11:19 AM
    Standard Motor Products (SMP -3.9%) trades down after Goldman cuts the stock to Sell from Neutral on valuation, saying the shares have risen substantially since reporting its Q3 results and further upside will be difficult to sustain. The firm also anticipates slower growth in the replacement parts market in 2012 due to a slower rate of vehicle aging.
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  • Aug. 29, 2011, 12:01 PM
    Automotive replacement parts manufacturer Standard Motor Products (SMP +9.3%) jumps higher today after its board authorizes a $5M stock buyback.
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Company Description
Standard Motor Products Inc is an independent manufacturer and distributor of replacement parts for motor vehicles in the automotive aftermarket industry.
Industry: Auto Parts
Country: United States