Holly Energy Partners, L.P. (HEP) Is At $29.52 Formed Wedge; Standard Motor Products (SMP) Sentiment Is 1.12

Standard Motor Products, Inc. manufactures and distributes replacement parts for motor vehicles in the automotive aftermarket industry. The company has market cap of $1.09 billion. The companyÂ’s Engine Management segment makes engine management replacement parts, including electronic ignition control modules, fuel injectors, remanufactured diesel injectors and pumps, ignition wires, coils, switches, sensors, relays, EGR valves, distributor caps and rotors, electronic throttle bodies, and other engine management components, as well as wire and cable parts. It has a 29.55 P/E ratio. It offers its products primarily under the Standard, Blue Streak, BWD, Select, Intermotor, OEM, LockSmart, TechSmart, Tech Expert, and GP Sorensen brands, as well as through private labels, such as CARQUEST, Duralast, Duralast Gold, Import Direct, Master Pro, NAPA Echlin, NAPA Proformer, Mileage Plus, NAPA Belden, Omni-Spark, Ultima Select, and Driveworks.

Holly Energy Partners, L.P. (HEP) formed wedge down with $28.04 target or 5.00% below today’s $29.52 share price. Holly Energy Partners, L.P. (HEP) has $3.11B valuation. The stock increased 1.76% or $0.51 during the last trading session, reaching $29.52. About 658,042 shares traded or 253.00% up from the average. Holly Energy Partners, L.P. (NYSE:HEP) has risen 4.19% since March 19, 2017 and is uptrending. It has underperformed by 12.51% the S&P500.

Since January 1, 0001, it had 0 buys, and 15 insider sales for $1.34 million activity.

Analysts await Standard Motor Products, Inc. (NYSE:SMP) to report earnings on May, 2. They expect $0.67 EPS, down 9.46% or $0.07 from last year’s $0.74 per share. SMP’s profit will be $15.16 million for 18.04 P/E if the $0.67 EPS becomes a reality. After $0.54 actual EPS reported by Standard Motor Products, Inc. for the previous quarter, Wall Street now forecasts 24.07% EPS growth.

The stock increased 1.11% or $0.53 during the last trading session, reaching $48.35. About 199,062 shares traded or 69.75% up from the average. Standard Motor Products, Inc. (SMP) has risen 32.15% since March 19, 2017 and is uptrending. It has outperformed by 15.45% the S&P500.

Neumeier Poma Investment Counsel Llc holds 1.44% of its portfolio in Standard Motor Products, Inc. for 284,645 shares. Copeland Capital Management Llc owns 298,795 shares or 0.98% of their US portfolio. Moreover, Opus Capital Group Llc has 0.59% invested in the company for 53,784 shares. The New York-based Teton Advisors Inc. has invested 0.55% in the stock. Zebra Capital Management Llc, a Connecticut-based fund reported 30,845 shares.

Analysts await Holly Energy Partners, L.P. (NYSE:HEP) to report earnings on May, 1. They expect $0.40 earnings per share, up 25.00% or $0.08 from last year’s $0.32 per share. HEP’s profit will be $42.11 million for 18.45 P/E if the $0.40 EPS becomes a reality. After $0.56 actual earnings per share reported by Holly Energy Partners, L.P. for the previous quarter, Wall Street now forecasts -28.57% negative EPS growth.