Car parts maker Standard Motor's Q3 sales miss on Vehicle Control unit weakness

Standard Motor Products

31/10/2025 12:39

Overview

Standard Motor Products Q3 sales up 24.9% yr/yr but missed analyst expectations

Adjusted EPS for Q3 increased 6.3% yr/yr to $1.36

Company raises full-year sales growth guidance to low-to-mid 20s percent range

Outlook

Standard Motor Products raises full-year sales growth guidance to low-to-mid 20s percent

Company tightens adjusted EBITDA margin outlook to 10.5% - 11%

Company expects tariff cost offsets to continue through pricing adjustments

Result Drivers

NISSENS CONTRIBUTION - Nissens added $84.5 mln to Q3 sales, supporting overall growth

TEMPERATURE CONTROL GROWTH - Temperature Control sales rose 14.8% due to early pre-season orders and market share gains

VEHICLE CONTROL DECLINE - Vehicle Control sales fell 1.6% due to softness in the wire category

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Miss
$498.84 mln
$503.32 mln (3 Analysts)
Q3 Net Income
-$4.17 mln
Q3 Gross Profit
$161.79 mln
Q3 Operating Income
$47.63 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 $45.00, about 13.2% above its October 30 closing price of $39.05

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nPn5nbPMLa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)