How to Buy Standard Motor Products Stock
Standard Motor Products Inc
Standard Motor Products is a auto part company located in New York, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker SMP on the NYSE exchange.
Standard Motor Products stock last closed at $30.06, up 1.11% from the previous day, and has decreased 23.39% in one year. It has underperformed other stocks in the Auto Parts industry by 0.13 percentage points. Standard Motor Products stock is currently +15.22% from its 52-week low of $26.09, and -27.92% from its 52-week high of $41.71.
There are currently 21.72M SMP shares outstanding. The market value of SMP is $652.96M. In the past 24 hours, 119,241 SMP shares were traded.
How to Buy Standard Motor Products Stock
Not sure how to invest in Standard Motor Products stock? Here's how.
- Choose where to buy Standard Motor Products stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Standard Motor Products stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Select your method of payment and add your info.
- Evaluate Standard Motor Products stock: The Standard Motor Products ticker symbol is SMP. Is Standard Motor Products stock a good investment? Should you buy shares of SMP? How do SMP's underlying business fundamentals look? Do top analysts think Standard Motor Products is a good buy? Why has SMP's stock price moved recently? (Hint: Our stock research website can help you figure out if SMP is a good stock to buy).
- Execute your SMP trade: Decide if you will purchase SMP shares at the current market price or use a limit order to purchase SMP stock at a specific price.
- Get the latest scoop on your investment in SMP: Create a watchlist to get live updates on your position in Standard Motor Products shares.
Step 1: Choose where to buy Standard Motor Products stock
You will need an online brokerage account in order to access the NYSE market and buy SMP stock.
Our favorite brokerage: eToro
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Get $10 towards your share purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the best brokerage, you'll need to fill out some personal info so you can invest in SMP stock today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to open a new brokerage account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have filled out your info on one of the best stock apps, you can securely and quickly fund your account:
Watch the video below to see the process of transferring money into your new brokerage account.
Step 4: Evaluate Standard Motor Products stock
After you have decided on the best place to buy Standard Motor Products stock, it's absolutely critical to research their stock prior to investing, so you truly comprehend the risk as well as the opportunity.
Standard Motor Products stock data
Fundamentals of SMP
WallStreetZen was created to help part-time investors perform more accurate fundamental analysis.
You can view all of the due diligence checks on SMP's stock page.
Is SMP stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge SMP's intrinsic value.
Using relative valuations metrics:
- SMP could be overvalued based on its P/E ratio of 18.22x, relative to Auto Parts industry P/E ratio of 9.78x
- SMP could be undervalued based on its P/B ratio of 1.02x, relative to Auto Parts industry P/B ratio of 1.55x
- SMP could be undervalued based on its PEG ratio of 0.21x
You can do additional valuation research on SMP's stock here.
How do SMP Financials look?
Pros:
- There are more short-term assets than long-term liabilities on the SMP balance sheet.
- SMP earnings of $65.05M is not sufficient to cover its interest payments.
- SMP's operating cash flow of $89.57M allows it to safely service it's debt of $229.11M.
- There are more short-term assets than short-term liabilities on the SMP balance sheet.
Cons:
- SMP profit margin of X% has stayed the same in the past year.
- SMP has a relatively high debt to equity ratio of 1.09.
- Total SMP debt is higher than 5 years ago, relative to shareholder equity.
You can dive deeper into what analysts are forecasting on the Standard Motor Products stock forecast page.
Metrics for Advanced SMP Traders
SMP Revenue
Last year, SMP earnings were $36.13M. During the past 5 year, SMP's earnings have gone up by -5.68% per year. This was slower than the Auto Parts industry average of 6.19%.
Last year, SMP revenue was $1.41B. In the last five year, SMP's revenue has gone up by 4.3% per year. This was slower than the Auto Parts industry average of 5.77%.
You can research SMP's earnings and revenue performance here.
Are SMP executives and large shareholders buying or selling the stock?
Over the last 12 months, insiders at SMP have sold more shares than they have bought.
Ray Nicholas, CIO VP IT of SMP, was the latest SMP insider to sell. They sold $161,340.30 worth of SMP stock on Dec 9, 2024.
Research more about who owns SMP stock here.
Does SMP provide a stable income stream?
Standard Motor Products pays a dividend of 3.86%, compared to the Auto Parts industry's average dividend yield of 4.08%. If you owned $1,000 worth of SMP stock, you would have been paid $38.59 last year.
Standard Motor Products dividend payments have consistently grown over the past decade and have remained stable.
Get more info about Standard Motor Products dividend yield and history here.
What others are saying about SMP
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Execute your SMP trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally fine. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a specific price limit, place a limit order.
Click the Open button and eToro will execute your order.
If you want additional assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest scoop on your investment in SMP
Now that you own some SMP stock, you'll want to stay up-to-date on your stock purchase.
Create a watchlist to get the latest updates about your SMP stock.
SMP Feed
How to Buy Stock in Standard Motor Products
To summarize, here are the 6 steps to buy Standard Motor Products stock:
- Choose where to buy Standard Motor Products stock
- Sign up for your brokerage account
- Deposit money your brokerage account
- Evaluate Standard Motor Products stock
- Execute your SMP trade
- Get the latest scoop on your investment in SMP
If you need a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep tabs on your new investment in Standard Motor Products, hit the button below to create your watchlist.
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