Standard Motor Products traded at $44.36 this Friday February 13th, decreasing $0.35 or 0.78 percent since the previous trading session. Looking back, over the last four weeks, Standard Motor Products lost 12.70 percent. Over the last 12 months, its price rose by 44.40 percent. Looking ahead, we forecast Standard Motor Products to be priced at 32.96 by the end of this quarter and at 29.99 in one year, according to Trading Economics global macro models projections and analysts expectations.
Standard Motor Products, Inc. is an independent manufacturer and distributor of replacement parts for the engine management and temperature control systems of motor vehicles in the automotive aftermarket industry with a focus on heavy duty, industrial equipment and the original equipment service market. The Company's segments include Engine Management Segment and Temperature Control Segment. The Engine Management Segment manufactures and remanufactures ignition and emission parts, ignition wires, battery cables, fuel system parts and sensors for vehicle systems. The Temperature Control Segment manufactures and remanufactures air conditioning compressors, air conditioning and heating parts, engine cooling system parts, power window accessories and windshield washer system parts. The Company sells its products to automotive aftermarket retailers, program distribution groups, warehouse distributors, original equipment manufacturers and original equipment service part.