MPAA

In the past six months, Motorcar Parts of America, Inc. stock has fallen by -8.36%. As of September 14, 2026, the share price was $11.00, a 31.21% decline from September 15, 2025. On August 10, 2026, the company reported fiscal Q1 2027 earnings with net sales of $168.0 million, an 11% decrease from the prior year, and swung to a net loss of $13.4 million, or -$0.71 per share, missing analyst expectations. This performance was attributed to the timing of customer orders, competitive inventory liquidations, and the relocation of Canadian heavy-duty operations to Mexico, causing the stock price to drop by as much as 26% at Monday's open. Despite these results, the company reaffirmed its fiscal 2027 guidance, expecting net sales between $780 million and $800 million and operating income between $86 million and $91 million. Management anticipates adding over $100 million in annualized net sales by the end of fiscal 2027 due to new business commitments and the relaunch of the Centric Parts brake brand. The company also renewed its loan agreement and extended its revolver maturity to August 2031.