Standard Motor Products (SMP) in Focus: Stock Falls 5.8% - Tale of the Tape

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Standard Motor Products Inc. ( SMP ) saw a big move last session, as the company's shares fell by nearly 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for SMP, as the stock is now down around 20.7% in the past one-month time frame.  

This slump shouldn't be too much of a surprise to investors, as the company has seen 1 negative revision in the past few weeks and its current year consensus has down over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

SMP currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.


Some better-ranked stocks in the Consmuer goods sector include Gentex Corp. ( GNTX ), China Automotive Systems Inc. ( CAAS ) and Magna International Inc. ( MGA ). All these stocks holds a Zacks Rank #2 (Buy).

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STANDARD MOTOR (SMP): Free Stock Analysis Report

GENTEX CORP (GNTX): Free Stock Analysis Report

CHINA AUTO SYS (CAAS): Free Stock Analysis Report

MAGNA INTL CL A (MGA): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: SMP , GNTX , CAAS , MGA

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As of 2/27/2015, 04:15 PM


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