MPAA Stock Recent News

The Motorcar Parts of America stock quote has declined significantly due to increased debt/interest expense, plus fears of recession. Enterprise valuations are now very low and the same as experienced during past recessions and business cycle bottoms. A double in share pricing to $10 is possible either through a swing back toward normalized investment valuations or a takeover/take private offer.

LOS ANGELES--(BUSINESS WIRE)--Motorcar Parts of America, Inc. (Nasdaq:MPAA) today announced continued success in the strategic evolution of the company's emerging brake-related product offerings. To further enhance its strategic growth initiatives, the company announced the appointment of Dan Lelchuk as a director of business development for brake products. He will be focused on supporting and enhancing the company's brake caliper, brake pad and brake rotor product offerings. An industry vetera.

LOS ANGELES--(BUSINESS WIRE)--Motorcar Parts of America, Inc. (Nasdaq:MPAA) today announced it is scheduled for a fireside chat presentation on Wednesday, June 12, 2024 at 1:30 p.m. Eastern time at the 24th Annual Oppenheimer Consumer Growth & E-Commerce Conference being held this year in a virtual format. A live audio webcast of the discussion will be available through the link www.motorcarparts.com and archived for a period of 30 days. About Motorcar Parts of America, Inc. Motorcar Parts.

LOS ANGELES--(BUSINESS WIRE)--Motorcar Parts of America, Inc. (Nasdaq: MPAA) today announced the company will issue its fiscal 2024 fourth quarter and year-end results on Tuesday, June 11, 2024. Selwyn Joffe, chairman, president and chief executive officer, and David Lee, chief financial officer, will host an investor conference call the same day at 10:00 a.m. Pacific time to discuss the company's financial results and operations. The call will be open to all interested investors either through.

Motorcar Parts of America's business fundamentals have been improving due to demand tailwinds related to an aging vehicle fleet and an increase in miles driven per vehicle. Despite these tailwinds, higher interest rates have put downward pressure on earnings due to MPA's accounts receivable discount program. I believe this is creating an opportunity for investors to take advantage of short-term worries to purchase the stock at a low valuation with attractive upside.

Motorcar Parts of America, Inc. (MPAA) Q3 2024 Earnings Call Transcript

Motorcar Parts (MPAA) came out with a quarterly loss of $0.27 per share versus the Zacks Consensus Estimate of $0.08. This compares to earnings of $0.21 per share a year ago.

LOS ANGELES--(BUSINESS WIRE)--Motorcar Parts of America, Inc. (Nasdaq: MPAA) today announced the company will issue results for its fiscal 2024 third quarter on Friday, February 9, 2024. Selwyn Joffe, chairman, president and chief executive officer, and David Lee, chief financial officer, will host an investor conference call the same day at 10:00 a.m. Pacific time to discuss the company's financial results and operations. The call will be open to all interested investors either through a live.

LOS ANGELES--(BUSINESS WIRE)--Motorcar Parts of America, Inc. (Nasdaq: MPAA) today announced the company will issue its fiscal 2024 second quarter results on Thursday, November 9, 2023. Selwyn Joffe, chairman, president and chief executive officer, and David Lee, chief financial officer, will host an investor conference call the same day at 10:00 a.m. Pacific time to discuss the company's financial results and operations. The call will be open to all interested investors either through a live a.

Motorcar Parts of America's stock has been struggling for nearly a decade, but its valuation may now be attractive for investors if it can show improvement in its margins. The company has had no trouble growing its revenues over the years but its profits don't seem to be following this growth. The company is launching new product lines which could be eating into its margins.