MKM Partners initiated coverage on Standard Motor with a new price target
$SMP
Auto Parts:O.E.M.
Consumer Discretionary
MKM Partners initiated coverage of Standard Motor with a rating of Buy and set a new price target of $62.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/10/2022 | $62.00 | Buy | MKM Partners |
MKM Partners initiated coverage of Standard Motor with a rating of Buy and set a new price target of $62.00
NEW YORK, June 19, 2025 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE:SMP) is pleased to announce the opening of its new, state-of-the-art national distribution center in Shawnee, Kansas. The 575,000-square-foot facility was officially opened with a ribbon-cutting ceremony on Tuesday, June 17. Members of the Shawnee Chamber of Congress, City of Shawnee leaders and SMP leadership were in attendance. The Shawnee facility adds over 200,000 net square feet to SMP's distribution footprint and provides a centralized location to provide coverage across the United States, reduci
NEW YORK, June 16, 2025 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE:SMP), a leading automotive parts manufacturer and distributor, has been recognized as one of Newsweek's America's Greatest Workplaces 2025 and was also named one of America's Greatest Workplaces in Manufacturing. These lists recognize the greatest workplaces in the United States based on their performance on a range of metrics from the perspective of employees, including corporate culture, working conditions, and other aspects of their current employer and other companies they are familiar with. Eric S
First quarter net sales of $413.4 million up 24.7%, and up 4.8% excluding Nissens First quarter adjusted EBITDA margin increased 350 basis points to 10.4%Adjusted diluted earnings per share of $0.81 in the quarter increased 80% from last yearStrong North American manufacturing footprint well-positioned to help mitigate tariff impactNEW YORK, April 30, 2025 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE:SMP), a leading automotive parts manufacturer and distributor, reported today its consolidated financial results for the three months ended March 31, 2025. Net sales for th