Mario Gabelli--Reducing Trend on SMP, Auto Parts
Standard Motor Products (SMP) is an independent manufacturer and distributor of replacement parts for motor vehicles in the automotive aftermarket industry that sells to CARQUEST, NAPA Auto Parts, and auto parts retail chains, such as Advance Auto Parts, AutoZone, O'Reilly Automotive/CSK Auto, Canadian Tire and Pep Boys.
Here’s a detailed look at SMP.
GuruFocus performed a checkup on Standard Motor Products (SMP) company financials and performance data and found that the company has a Piotroski F-Score of 8, indicating a very healthy situation. The one warning sign shows that the SMP Price ($28.13) is close to a 10-year high of $28.13.
Gabelli’s holding history:
In another automotive-related trade this week, Guru Gabelli also added to his Superior Industries International (SUP) position by 7.03%, with current shares of the aluminum wheel maker at 1,765,598. The current SUP share price is $18.81, down 10% year to date.
With operations in the U.S. and Mexico, Superior Industries International (SUP) manufactures aluminum road wheels for original equipment manufacturers of cars and trucks. The company sells primarily to the “Big Three,” Ford Motor Company (F), General Motors (GM) and Chrysler.
Superior Industries International has a market cap of $507.4 million, and a P/E of 16.3. The P/S is 0.6185.
Gabelli’s SUP holding history:
GAMCO Investors lists 792 stocks in a portfolio valued at $13.6 billion, with a quarter over quarter turnover at 6%.
Here’s a look at Mario Gabelli’s other top buys, sells, and holdings:
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