While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a v ...

文章核心观点 - 标准汽车零件公司(SMP)宣布以约3.88亿美元现金收购欧洲领先的汽车冷却和空调产品制造商AX V Nissens III APS [1] - 收购完成后,SMP将保持Nissens作为独立运营单位,同时利用双方的优势实现成本节约和收入增长 [2][3] - 此次并购有助于增强SMP在行业中的地位,通过交叉销售、资源整合和提高运营效率来实现增长 [3] - 此次交易对Nissens的估值约为7.5倍调整后EBITDA,预计将在第一个完整年度提升SMP的GAAP每股收益 [4] 公司层面 - SMP是一家汽车零件制造和分销商,此次收购将扩大其动力系统中性产品的范围 [2] - Nissens是一家年收入约2.6亿美元、EBITDA利润率中高teens的欧洲领先汽车冷却和空调产品制造商 [1] - 两家公司在产品组合和地理市场上互补,此次并购有助于双方发挥协同效应 [3] 交易层面 - 此次交易由摩根大通提供财务顾问,汇丰律所和普莱斯纳律所提供法律顾问 [5] - 摩根大通银行、美国银行和富国银行为此次交易提供融资 [5]

Creates a global leader for aftermarket parts supply with a comprehensive product offering across vehicle control and thermal control products Expands SMP's portfolio of powertrain-neutral product categories Purchase price of $388 million represents approximately 7.5x EBITDA multiple inclusive of estimated run-rate cost synergies Will be immediately and meaningfully accretive in the first full year of the transaction $8-12M in estimated run-rate cost synergies within 24 months, with additional opportunity ...

Creates a global leader for aftermarket parts supply with a comprehensive product offering across vehicle control and thermal control productsExpands SMP's portfolio of powertrain-neutral product categoriesPurchase price of $388 million represents approximately 7.5x EBITDA multiple inclusive of estimated run-rate cost synergiesWill be immediately and meaningfully accretive in the first full year of the transaction $8-12M in estimated run-rate cost synergies within 24 months, with additional opportunity for ...

NEW YORK, June 20, 2024 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, has been recognized as one of U.S. News and World Report's Best Companies to Work For and was named one of the Best Companies to Work For in the Northeast. Highlighting this honor, SMP was one of only eight companies to receive the Best Companies to Work For in Auto and Parts distinction. The complete list recognizes companies that are at the very top of their respectiv ...

NEW YORK, June 5, 2024 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, has been recognized in USA Today's List of America's Climate Leaders for the second year in a row. This list recognizes companies that have reduced greenhouse gas emissions and cut their carbon footprint over the past several years. In order to make the list, companies must have demonstrated significant improvements in reducing their carbon intensity. SMP, a leading auto ...

Standard Motor Products, Inc. (NYSE:SMP) Q1 2024 Results Conference Call May 3, 2024 11:00 AM ET Company Participants Tony Cristello - Vice President, Investor Relations Larry Sills - Chairman Emeritus Eric Sills - President & Chief Executive Officer Jim Burke - Chief Operating Officer Nathan Iles - Chief Financial Officer Conference Call Participants Tony Cristello - Vice President, Investor Relations Larry Sills - Chairman Emeritus Eric Sills - President & Chief Executive Officer Jim Burke - Chief Operati ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. Commission file number: 001-04743 Standard Motor Products, Inc. (Exact name of registrant as specified in its charter) New York 11-1362020 (State or other jurisdiction of incorporation o ...

Exhibit 99.1 For Immediate Release For more information, contact: Anthony (Tony) Cristello Standard Motor Products, Inc. (972) 316-8107 tony.cristello@smpcorp.com Standard Motor Products, Inc. Announces First Quarter 2024 Results and Quarterly Dividend New York, NY, May 1, 2024......Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, reported today its consolidated financial results for the three months ended March 31, 2024. Net sales for the first quarter of ...

Standard Motor Products, Inc. (NYSE:SMP) Q4 2023 Earnings Conference Call February 22, 2024 11:00 AM ET Company Participants Tony Cristello - Vice President, Investor Relations Eric Sills - President & Chief Executive Officer Jim Burke - Chief Operating Officer Nathan Iles - Chief Financial Officer Conference Call Participants Joe Enderlin - Stephens Bret Jordan - Jefferies Operator Good day, everyone, and welcome to today's Standard Motor Products Fourth Quarter 2023 earnings conference call. At this time ...