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0 0.00178536004760953 0.00414203531045421 0.00793493354493153 0.00178536004760953 0.00178536004760953 0.00257885340210267 0.0035707200952192
Stock impact report

Standard Motor Products Is Overvalued Now, But Is It A Watchlist Candidate? [Seeking Alpha]

Standard Motor Products, Inc. (SMP) 
Last standard motor products, inc. earnings: 4/29 08:30 am Check Earnings Report
US:NYSE Investor Relations: smpcorp.com/en
Company Research Source: Seeking Alpha
Summary Standard Motor Products’ ( SMP ) stock has been moving more or less sideways since its 52-week high of around $54. Despite the May 2018 announcement of the company adding 123 new part numbers to its product portfolio, the automobile aftermarket player’s stock is still languishing around the $50 mark. Considering the expansion into several ADAS (Advanced Driver Assistance System) categories as well as its leadership position in the VVT, or variable valve timing, and EVAP - or evaporative emission control system - segments, we should have seen significant improvement in share price. Unfortunately, that didn’t happen, and I believe investors are not confident enough that the current management team can herald strong growth at a time when the winds of change are clearly moving towards electric vehicles. I would tend to agree, but let’s see if there are any saving graces that might at least allow you to put this stock on your watchlist. I believe there are. Performance A Show less Read more
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