SMP

Overview

Highlights

News

Chart

Management

Contacts

 

   
 
   
"The company sells its products to warehouse distributors, large retail chains, original equipment manufacturers, and original equipment service part operators in the United States, Canada, Europe, Asia, and Latin America."

 

 
Approximate Financial Snapshot as of 10/31/12
Shares Outstanding 22.7M  
52 Wk Hi/Lo 25.91/

11.94

Market Cap $390M
Recent Price $17.21
 

 

 
 
   

 

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Standard Motor Products (SMP)

Website: www.SMPCorp.com

"Earnings from continuing operations for the third quarter of 2012 were $17.4 million or 76 cents per diluted share, compared to $14.1 million or 61 cents per diluted share in the third quarter of 2011."


Overview

Standard Motor Products (SMP) manufactures and distributes replacement parts for motor vehicles in the automotive aftermarket industry. 

The company's Engine Management segment manufactures and sells engine management replacement parts, including electronic ignition control modules, fuel injectors, ignition wires, voltage regulators, coils, switches, emission sensors, EGR valves, distributor caps and rotors, and other engine management components primarily under the Standard, BWD, Intermotor, OEM, TechSmart, and GP Sorensen brand names. This segment also manufactures fuel pressure regulators, air by-pass valves, idle air control valves, and PCV valves; spark plug wires and battery cables; and various electrical wires, terminals, connectors, and tools for servicing an automobiles electrical system, as well as distributes a range of engine management products, including ignition coils, ignition modules, switches and sensors, and filters. 

Its Temperature Control segment manufactures, remanufactures, and markets various replacement parts for automotive temperature control systems, engine cooling systems, power window accessories, and windshield washer systems primarily under the Four Seasons, EVERCO, ACi, Hayden, Factory Air, and Imperial brand names. This segment also provides remanufactured compressors, clutch assemblies, blower and radiator fan motors, filter dryers, evaporators, accumulators, hose assemblies, expansion valves, heater valves, AC service tools and chemicals, fan assemblies, fan clutches, engine oil coolers, transmission coolers, window lift motors, motor/regulator assemblies, and windshield washer pumps. 

The company sells its products to warehouse distributors, large retail chains, original equipment manufacturers, and original equipment service part operators in the United States, Canada, Europe, Asia, and Latin America.


SMP Investor Highlights

  • Earnings from continuing operations for the third quarter of 2012 were $17.4 million or 76 cents per diluted share, compared to $14.1 million or 61 cents per diluted share in the third quarter of 2011.

  • Consolidated net sales for the third quarter of 2012 were $276 million, compared to consolidated net sales of $236.2 million during the comparable quarter in 2011.

  • The Board of Directors has approved payment of a quarterly dividend of nine cents per share on the common stock outstanding. The dividend will be paid on December 3, 2012 to stockholders of record on November 15, 2012. 


Recent News and Press Releases

Standard Motor Products, Inc. Announces Third Quarter 2012 Results and a Quarterly Dividend

Standard Motor Products, Inc. Announces the Appointment of Two New Directors

For the latest Quote and News on SMP Click Here.


Three Month Chart


Management

Lawrence I Sillsason - President and Chief Executive Officer And Chairman Of The Board

Lawrence I. Sills, Chief Executive Officer and Chairman of the Board since December 2000, became the third generation of his family to be a part of Standard Motor Products when he started as a Standard sales rep in 1967. Mr. Sills eventually served as General Sales Manager. From 1983 to 1986, he was Vice President of Operations before being appointed as President and Chief Operating Officer in May 1986. Before joining SMP, Mr. Sills was a Sales Representative, living in Africa, for the Charles Pfizer Company.

Thurman K. Case - President and Chief Operating Officer

John P. Gethin, who has been in the Automotive Aftermarket for over 37 years, became Standardís President and Chief Operating Officer in December 2000. From 1997 to 2000, Mr. Gethin was our Senior Vice President of Operations. He also simultaneously held the position of General Manager, Temperature Control Division from 1998 to 2003. He was Vice President and General Manager of EIS Brake Parts Division (a former SMP business unit) from 1995 to 1997. Mr. Gethin started his career in the automotive industry in 1972 with Echlin and was also the President of Wagner Brake and Lighting for five years.

James J Burke - Vice President Finance And Chief Financial Officer

James J. Burke has been Vice President Finance and Chief Financial Officer since October 1999. Previously he served as Director of Finance, Chief Accounting Officer and before that was Corporate Controller. He joined the Company in 1986 when SMP bought EIS Brake Parts (a former SMP division) from the Parker Hannifin Company.


SEC Filings

SMP filings with the SEC can be found here.


Contacts

Standard Motor Products

37-18 Northern Boulevard
Long Island City, NY 11101-1616
Phone: 718-392-0200
Fax: 718-729-4549


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