NetworkNewsBreaks – Motorcar Parts of America, Inc. (NASDAQ: MPAA) Featured in ROTH Equity Research Report

February 18, 2020 12:10:41

Motorcar Parts of America (NASDAQ: MPAA) was featured in a recent Equity Research Report published by ROTH Capital Partners, LLC. The report reads, “We expect MPAA to deliver YoY sales and earnings growth in FQ3 as the company continues to ramp-up new business and cost absorption improves at the company’s Mexico and Malaysia facilities. Given what appears to be a healthy industry backdrop with key customers growing same store sales ~3-5%, we believe MPAA is well-positioned to deliver on FY’20 guidance and continue to improve profitability in FY’21. Maintain Buy, $25PT.”

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About Motorcar Parts of America, Inc.

Motorcar Parts of America, Inc. is a remanufacturer, manufacturer and distributor of automotive aftermarket parts — including alternators, starters, wheel bearing and hub assemblies, brake calipers, brake master cylinders, brake power boosters, rotors, brake pads and turbochargers utilized in imported and domestic passenger vehicles, light trucks and heavy-duty applications. In addition, the company designs and manufactures test solutions for performance, endurance and production testing of electric motors, inverters, alternators, starters, and belt starter generators for the OE, aerospace and aftermarket. Motorcar Parts of America’s products are sold to automotive retail outlets and the professional repair market throughout the United States and Canada, with facilities located in New York, California, Mexico, Malaysia, China and India, and administrative offices located in California, Tennessee, Mexico, Singapore, Malaysia and Canada. Additional information is available at www.MotorCarParts.com.

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