Overview
Automotive parts maker's Q4 revenue missed analyst expectations
Adjusted EPS for Q4 beat analyst expectations
Company increased quarterly dividend to $0.33 per share
Outlook
Standard Motor Products expects 2026 sales growth in low to mid-single digit range
Company anticipates 2026 adjusted EBITDA margin between 11% and 12%
Standard Motor Products plans to monitor and adapt to tariff changes in 2026
Result Drivers
NORTH AMERICAN AFTERMARKET - Vehicle Control sales increased 3.3% in Q4, driven by favorable customer order patterns and strength in non-discretionary categories
TEMPERATURE CONTROL - Sales rose 5.9% in Q4, aided by early and extended seasonal demand and strong brand recognition
NISSENS CONTRIBUTION - Nissens added $64.1 mln in Q4 sales, driven by brand awareness and operational excellence
Company press release: ID:nPnb15SGka
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Sales | Miss | $385.09 mln | $389.44 mln (3 Analysts) |
Q4 Adjusted EPS | Beat | $0.56 | $0.53 (3 Analysts) |
Q4 Net Income | $8.10 mln | ||
Q4 Gross Profit | $122.003 mln | ||
Q4 Operating Income | $21.57 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy"
Wall Street's median 12-month price target for Standard Motor Products Inc is $47.00, about 9% above its February 25 closing price of $43.10
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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