Standard Motor Products beats Q2 sales and profit estimates, raises FY forecast

Standard Motor Products

05/08/2025 13:38

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

(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.)