VSA Capital Reiterates Buy Rating for Egdon Resources PLC (LON:EDR) Stock; Motorcar Parts America (MPAA) Sentiment Is 1.6

Egdon Resources plc (LON:EDR) Logo

Motorcar Parts America Inc (MPAA) investors sentiment increased to 1.6 in Q4 2017. It’s up 0.33, from 1.27 in 2017Q3. The ratio improved, as 69 investment professionals increased and opened new stock positions, while 43 reduced and sold stock positions in Motorcar Parts America Inc. The investment professionals in our database reported: 19.76 million shares, up from 18.94 million shares in 2017Q3. Also, the number of investment professionals holding Motorcar Parts America Inc in top ten stock positions was flat from 1 to 1 for the same number . Sold All: 11 Reduced: 32 Increased: 48 New Position: 21.

Egdon Resources PLC (LON:EDR) stock Buy was reconfirmed by VSA Capital in an analyst report revealed on Friday morning.

Since January 1, 0001, it had 6 buys, and 0 selling transactions for $171,459 activity.

Analysts await Motorcar Parts of America, Inc. (NASDAQ:MPAA) to report earnings on June, 13. They expect $0.68 earnings per share, up 25.93% or $0.14 from last year’s $0.54 per share. MPAA’s profit will be $12.97M for 8.00 P/E if the $0.68 EPS becomes a reality. After $0.34 actual earnings per share reported by Motorcar Parts of America, Inc. for the previous quarter, Wall Street now forecasts 100.00% EPS growth.

The stock decreased 0.73% or $0.16 during the last trading session, reaching $21.75. About 161,943 shares traded or 11.25% up from the average. Motorcar Parts of America, Inc. (MPAA) has declined 28.42% since May 18, 2017 and is downtrending. It has underperformed by 39.97% the S&P500.

Motorcar Parts of America, Inc. manufactures, remanufactures, and distributes automotive aftermarket parts. The company has market cap of $414.86 million. The firm offers rotating electrical products, including alternators and starters; wheel hub assemblies and bearings; brake master cylinders; and other products, such as turbochargers and brake power boosters for import and domestic cars, light trucks, heavy duty, agricultural, and industrial applications. It has a 24.97 P/E ratio. It sells its products to automotive retail chain stores and warehouse distributors; and the professional repair market, as well as various automobile manufacturers for their aftermarket programs and warranty replacement programs in North America.

Fine Capital Partners L.P. holds 4.43% of its portfolio in Motorcar Parts of America, Inc. for 1.41 million shares. Polaris Capital Management Llc owns 535,702 shares or 2.14% of their US portfolio. Moreover, Euclidean Technologies Management Llc has 1.53% invested in the company for 62,284 shares. The Illinois-based Perritt Capital Management Inc has invested 1.11% in the stock. Kirr Marbach & Co Llc In, a Indiana-based fund reported 192,833 shares.

Analysts await Egdon Resources plc (LON:EDR) to report earnings on July, 30. They expect $0.37 EPS, down 11.90% or $0.05 from last year’s $0.42 per share. EDR’s profit will be $961,961 for 6.33 P/E if the $0.37 EPS becomes a reality. After $0.57 actual EPS reported by Egdon Resources plc for the previous quarter, Wall Street now forecasts -35.09% negative EPS growth.

Investors sentiment decreased to 1.36 in 2017 Q4. Its down 0.36, from 1.72 in 2017Q3. It worsened, as 27 investors sold Egdon Resources plc shares while 61 reduced holdings. 31 funds opened positions while 89 raised stakes. 78.96 million shares or 2.56% less from 81.03 million shares in 2017Q3 were reported. Palisade Capital Mngmt Ltd Liability Corp Nj accumulated 677,969 shares. Mason Street Advisors reported 37,321 shares stake. Stratos Wealth Prns Limited accumulated 0% or 123 shares. Victory Mngmt invested in 0.08% or 1.06 million shares. Schroder Invest Grp holds 0% or 8,959 shares. New Mexico Educational Retirement Board accumulated 18,100 shares or 0.02% of the stock. V3 Cap Mgmt L P invested in 333,048 shares or 1.59% of the stock. Aqr Capital Limited Liability Com holds 0% of its portfolio in Egdon Resources plc (LON:EDR) for 44,324 shares. Louisiana State Employees Retirement System stated it has 0.03% in Egdon Resources plc (LON:EDR). Guggenheim Ltd Com invested in 28,407 shares or 0% of the stock. Vanguard Gp Inc holds 0.02% in Egdon Resources plc (LON:EDR) or 11.90 million shares. Janney Montgomery Scott Limited Com reported 0% of its portfolio in Egdon Resources plc (LON:EDR). First Trust Advisors L P reported 0% stake. Eii Capital holds 0.08% or 5,442 shares in its portfolio. Old Natl National Bank In has invested 0.02% in Egdon Resources plc (LON:EDR).

Egdon Resources plc, together with its subsidiaries, engages in the exploration and production of hydrocarbons in the United Kingdom and France. The company has market cap of 24.37 million GBP. It holds 43 licenses in the proven gas and oil producing basins. It currently has negative earnings. The firm was formerly known as New Egdon plc and changed its name to Egdon Resources plc in January 2008.

Among 2 analysts covering Egdon Resources PLC (LON:EDR), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Egdon Resources PLC has GBX 48.80 highest and GBX 31 lowest target. GBX 41.45’s average target is 342.13% above currents GBX 9.375 stock price. Egdon Resources PLC had 48 analyst reports since August 19, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, January 26 by Cantor Fitzgerald. The stock of Egdon Resources plc (LON:EDR) earned “Buy” rating by VSA Capital on Thursday, January 12. The stock has “Buy” rating by Cantor Fitzgerald on Monday, February 8. On Wednesday, May 3 the stock rating was maintained by VSA Capital with “Buy”. The stock has “Buy” rating by VSA Capital on Tuesday, May 15. The stock of Egdon Resources plc (LON:EDR) earned “Buy” rating by Cantor Fitzgerald on Tuesday, April 26. VSA Capital maintained the shares of EDR in report on Monday, March 5 with “Buy” rating. Cantor Fitzgerald maintained it with “Buy” rating and GBX 31 target in Wednesday, October 26 report. The firm has “Buy” rating by VSA Capital given on Thursday, October 19. The stock has “Buy” rating by VSA Capital on Tuesday, April 4.

Motorcar Parts of America, Inc. (NASDAQ:MPAA) Institutional Positions Chart