Tuesday, August 10, 2010 10:13:01 AM
1. MPAA is in a recession resistant business selling remanufactured starters and alternators.
2. MPAA just reported diluted EPS of $0.21 and $0.25 excluding one-time items. They also made $0.90 in the trailing 12 months. They are cheap on any metric of trailing earnings.
3. MPAA is expecting to grow revenue for the remainder of the fiscal year. They should continue to grow earnings based upon increased revenue.
4. One of their one-time items this quarter was an inventory write-down. Inventory was written down because they decreased manufacturing costs. Thus a one-time item this quarter should result in higher gross margin going forward.
5. They are trading at a discount to their book value of $8.82.
6. They are entering one of their seasonally stronger quarters.
Mike
SwingTrade is my favorite board - #board-1781
Due diligence on my favorite stocks is located on the sticky note on the SwingTrade board.
Recent MPAA News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2024 01:11:40 AM
- Motorcar Parts of America Introduces Additional Quality-Built Brake-Related Product Part Numbers to Catalog • Business Wire • 02/12/2024 02:00:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/09/2024 09:01:17 PM
- Motorcar Parts of America Reports Results for Fiscal Third Quarter and Nine Months • Business Wire • 02/09/2024 01:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/09/2024 12:58:22 PM
- Motorcar Parts of America to Report Fiscal 2024 Third Quarter Results; Host Conference Call • Business Wire • 02/06/2024 06:30:00 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/01/2024 09:33:20 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/01/2024 01:36:27 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 01/26/2024 03:46:52 PM
- Motorcar Parts of America Announces Senior Sales Executive Transition • Business Wire • 01/18/2024 01:30:00 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 01/16/2024 09:16:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/03/2024 10:36:57 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/14/2023 09:54:19 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 12/13/2023 08:39:04 PM
- Motorcar Parts of America Extends Credit Facility Maturity With PNC Bank • Business Wire • 12/13/2023 01:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/13/2023 12:58:20 PM
- Motorcar Parts of America Launches Initial Phase of Vendor Supply Chain Financing Program • Business Wire • 11/28/2023 01:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/16/2023 02:50:02 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/16/2023 02:49:19 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/16/2023 02:36:33 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/16/2023 02:33:42 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/16/2023 02:30:29 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/16/2023 02:27:09 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/16/2023 02:23:31 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/09/2023 09:01:27 PM
FEATURED Cannabix Technologies Launches New Compact Breath Logix Workplace Series and Prepares for Delivery to South Africa • May 7, 2024 8:51 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM