Standard Motor Products beats Q2 sales and profit estimates, raises FY forecast
Overview
Standard Motor Products Q2 2025 net sales up 26.7%, beating analyst expectations
Adjusted EPS for Q2 rises 31.6% yr/yr, beating analyst estimates
Auto parts maker raises full-year sales growth guidance
Outlook
Company raises full-year sales growth guidance to low-20s percent range
Standard Motor Products reaffirms full-year adjusted EBITDA margin outlook of 10-11%
Company expects to offset ongoing tariff costs with pricing and mitigation actions
Standard Motor Products aims to reduce debt levels to 2.0x Adjusted EBITDA by end of 2026
Result Drivers
NORTH AMERICAN AFTERMARKET - Vehicle Control and Temperature Control segments saw growth due to strong customer order activity and early pre-season orders
NISSENS AUTOMOTIVE - Segment contributed $90.5 mln in sales, benefiting from weather-related tailwinds and successful integration efforts
ENGINEERED SOLUTIONS DECLINE - Segment sales declined 8.3% year-over-year due to continued softness in certain end markets
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Sales | Beat | $493.85 mln | $450.20 mln (2 Analysts) |
Q2 Net Income | Beat | $25.54 mln | $21 mln (2 Analysts) |
Q2 Operating Income | Beat | $42.84 mln | $35 mln (2 Analysts) |
Q2 Gross Profit |
| $150.89 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy"
Wall Street's median 12-month price target for Standard Motor Products Inc is $42.00, about 24.8% above its August 4 closing price of $31.58
The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 7 three months ago
Press Release: ID:nPn3fPR0ta
