Latest news with #SMP
Yahoo
4 days ago
- Automotive
- Yahoo
Here's Why Standard Motor Products (SMP) is a Strong Momentum Stock
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike. Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum. For momentum investors, upward or downward trends in a stock's price or earnings outlook take precedent, so they'll want to zero in on the Momentum Style Score. This Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates. Long Island City, NY-based Standard Motor Products Inc. was founded in 1919. It is one of the leading manufacturers, distributors and marketers of premium automotive replacement parts for engine management and temperature control systems. From February 2025, the company started reporting results in four segments — Vehicle Control, Temperature Control Engineered Solutions and Nissens Automotive. SMP boasts a Momentum Style Score of B and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Shares of Standard Motor Products has seen some interesting price action recently; the stock is up 3.2% over the past one week and up 2.6% over the past four weeks. And in the last one-year period, SMP has gained 10.5%. As for the stock's trading volume, 130,142.10 shares on average were traded over the last 20 days. A company's earnings performance is important for momentum investors as well. For fiscal 2025, three analysts revised their earnings estimate higher in the last 60 days for SMP, while the Zacks Consensus Estimate has increased $0.07 to $3.58 per share. SMP also boasts an average earnings surprise of 38.6%. SMP should be on investors' short list because of its impressive earnings fundamentals, a good Zacks Rank, and strong Momentum and VGM Style Scores. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Standard Motor Products, Inc. (SMP) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
6 days ago
- Automotive
- Yahoo
Standard Motor Products, Inc. Named One of America's Greatest Workplaces 2025
NEW YORK, June 16, 2025 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, has been recognized as one of Newsweek's America's Greatest Workplaces 2025 and was also named one of America's Greatest Workplaces in Manufacturing. These lists recognize the greatest workplaces in the United States based on their performance on a range of metrics from the perspective of employees, including corporate culture, working conditions, and other aspects of their current employer and other companies they are familiar with. Eric Sills, Chairman of the Board and Chief Executive Officer of SMP, stated, "We are proud to be recognized as one of America's Greatest Workplaces for 2025. At SMP, our employees are our most valued resource and the biggest part of what makes SMP succeed. That's why we have worked hard to create meaningful connections with our employees and provide multiple resources to ensure their success both professionally and personally." After a target-setting survey summary in which HR professionals were surveyed to determine the most important drivers of employee satisfaction, a large-scale employee survey was calibrated. Employees were then surveyed in ten categories including mental wellbeing, job security, work-life balance, working environment, company image, community, sustainability and awareness, compensation and benefits, training and career progression, and corporate culture. In total, more than 400,000 interviews were conducted and nearly 5 million company reviews were analyzed when compiling the list. For more information on Newsweek's list of America's Greatest Workplaces, visit the ranking at About SMPWith over 100 years in business, Standard Motor Products, Inc. is a leading independent manufacturer and distributor of premium replacement parts in the automotive aftermarket and a custom-engineered solutions provider to vehicle and equipment manufacturers in diverse non-aftermarket end markets. SMP sells its products primarily to retailers, warehouse distributors, original equipment manufacturers and original equipment service part operations in the United States, Canada, Europe, Asia, Mexico and other Latin America countries. For more information, download the SMP Parts App or visit View original content to download multimedia: SOURCE Standard Motor Products, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-06-2025
- Business
- Yahoo
Sarasota Medical Products, Inc. Celebrates 15 Years of Innovation, Partnership, and Purpose in Medical Adhesives
Sarasota Medical Products, Inc. is proud to celebrate its 15 years in the industry, marking a decade and a half of pioneering work in ostomy, wound care, and now skincare innovation. Sarasota, Florida, June 13, 2025 (GLOBE NEWSWIRE) -- Sarasota Medical Products, Inc. Sarasota Medical Products, Inc. (SMP), a veteran-owned innovator in the field of medical device adhesives, is proudly celebrating its 15th anniversary. It is a milestone that reflects its unwavering commitment to innovation, trusted partnership, and elevating the standard of care for patients worldwide. Founded in 2010 by Dr. Walter Francis Leise III, SMP began as an ambitious idea on paper, an MBA business plan, and a leap of faith away from corporate life. Today, the company stands as a recognized innovator in custom hydrocolloid development and wound, ostomy, and incontinence care, with a legacy of breakthroughs, partnerships, and purpose-driven growth. The turning point in SMP's early days came unexpectedly on Christmas Eve in 2011. Dr. Leise was in the lab, frustrated by an adhesive formulation that didn't meet expectations. But inspiration struck the next morning. 'I realized the formulation could actually serve a completely different need,' he said. 'It turned out to be perfect as a moldable gasket for ostomy patients. That moment really encapsulated what we now do: adapt, innovate, and listen to what patients need.' That adaptability became the cornerstone of SMP's success. SMP closely works with partners to develop customized, premium adhesive solutions. Each formulation is created with patients in mind. 'We're not a 'take it or leave it' company,' said Dr. Leise. SMP dwells on the philosophy that good products come from great partnerships. It only works with vendors who want to be partners, not just buyers. And the SMP team speaks to the patients constantly to hear them out, especially if something's not working, and constantly works on innovation. This commitment has led them to key acquisitions and brand expansions that reinforce SMP's standing in the market. Cymed Micro SkinIn 2019, SMP acquired Cymed, a premium brand tailored for active patients. Employing micro skin, a breathable, ultra-thin, water-resistant adhesive dressing, Cymed empowers users to move freely, exercise, swim, and live without limits. 'Cymed is for people who don't want to slow down,' said Dr. Leise. 'It's one of the oldest names in ostomy care, and we're proud to carry it forward with next-gen improvements.'Entrust Ostomy CareIn 2020, SMP acquired Entrust, now housed under its Fortis Medical Products division. Known for high-quality ostomy, ileostomy, and urostomy devices, Entrust was brought under the SMP umbrella during the COVID-19 crisis, preserving a trusted brand and giving it the operational strength to grow. 'With Entrust, the mission is trust,' said Dr. Leise. 'Patients deserve to forget they've had a life-changing surgery. Our job is to make products so dependable and comfortable, their dignity and quality of life are never in question.' Based in Florida, SMP maintains its U.S.-made advantage, allowing it to maintain cost-competitive pricing against Asian manufacturers, all while offering unmatched customization and quality. Innovations in process efficiency have further strengthened SMP's position. The company has developed proprietary methods that dramatically reduce labor requirements and production costs, without compromising product performance. These efficiencies enable SMP to keep prices low, expand globally, and reinvest in research and development, including groundbreaking ventures into antibacterial adhesives. Looking ahead, SMP is launching a new brand, Ndur Healthcare, featuring a skincare line powered by natural ingredients like tallow, alongside anti-aging and acne care innovations. A major highlight is Magic Shields, a patented, FDA-approved, silver-free antibacterial hydrocolloid that kills MRSA and E. coli, reduces fungal infections, and supports wound healing. Magic Shields is designed to serve both skincare and wound care needs, showcasing SMP's expanding footprint in preventive health. Over the past decade and a half, SMP has gone from a single formulation to hundreds of private-label products, serving more than 20 companies. 'I'm proud we're still here,' said Dr. Leise. 'It's easy to underestimate the grit it takes to survive and grow in this industry. But I believe in working hard every day so that when luck comes, we're ready for it.' As Sarasota Medical Products celebrates this 15-year milestone, the company remains anchored in its mission: to empower patients to live confidently, comfortably, and with dignity, one innovative adhesive at a time. Media Contact Name: Rachel Crumbley Email: info@ The content provided herein does not constitute medical advice. Any references to treatments, products, or services are not intended as endorsements. The company and its affiliates are not responsible for the accuracy, reliability, effectiveness, or correct use of information contained in this press release. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Upturn
13-06-2025
- Business
- Business Upturn
Sarasota Medical Products, Inc. Celebrates 15 Years of Innovation, Partnership, and Purpose in Medical Adhesives
Sarasota, Florida, June 13, 2025 (GLOBE NEWSWIRE) — Sarasota Medical Products, Inc. Sarasota Medical Products, Inc. (SMP), a veteran-owned innovator in the field of medical device adhesives, is proudly celebrating its 15th anniversary. It is a milestone that reflects its unwavering commitment to innovation, trusted partnership, and elevating the standard of care for patients worldwide. Founded in 2010 by Dr. Walter Francis Leise III, SMP began as an ambitious idea on paper, an MBA business plan, and a leap of faith away from corporate life. Today, the company stands as a recognized innovator in custom hydrocolloid development and wound, ostomy, and incontinence care, with a legacy of breakthroughs, partnerships, and purpose-driven growth. The turning point in SMP's early days came unexpectedly on Christmas Eve in 2011. Dr. Leise was in the lab, frustrated by an adhesive formulation that didn't meet expectations. But inspiration struck the next morning. 'I realized the formulation could actually serve a completely different need,' he said. 'It turned out to be perfect as a moldable gasket for ostomy patients. That moment really encapsulated what we now do: adapt, innovate, and listen to what patients need.' That adaptability became the cornerstone of SMP's success. SMP closely works with partners to develop customized, premium adhesive solutions. Each formulation is created with patients in mind. 'We're not a 'take it or leave it' company,' said Dr. Leise. SMP dwells on the philosophy that good products come from great partnerships. It only works with vendors who want to be partners, not just buyers. And the SMP team speaks to the patients constantly to hear them out, especially if something's not working, and constantly works on innovation. This commitment has led them to key acquisitions and brand expansions that reinforce SMP's standing in the market. Cymed Micro Skin In 2019, SMP acquired Cymed, a premium brand tailored for active patients. Employing micro skin, a breathable, ultra-thin, water-resistant adhesive dressing, Cymed empowers users to move freely, exercise, swim, and live without limits. 'Cymed is for people who don't want to slow down,' said Dr. Leise. 'It's one of the oldest names in ostomy care, and we're proud to carry it forward with next-gen improvements.' Entrust Ostomy Care In 2020, SMP acquired Entrust, now housed under its Fortis Medical Products division. Known for high-quality ostomy, ileostomy, and urostomy devices, Entrust was brought under the SMP umbrella during the COVID-19 crisis, preserving a trusted brand and giving it the operational strength to grow. 'With Entrust, the mission is trust,' said Dr. Leise. 'Patients deserve to forget they've had a life-changing surgery. Our job is to make products so dependable and comfortable, their dignity and quality of life are never in question.' Based in Florida, SMP maintains its U.S.-made advantage, allowing it to maintain cost-competitive pricing against Asian manufacturers, all while offering unmatched customization and quality. Innovations in process efficiency have further strengthened SMP's position. The company has developed proprietary methods that dramatically reduce labor requirements and production costs, without compromising product performance. These efficiencies enable SMP to keep prices low, expand globally, and reinvest in research and development, including groundbreaking ventures into antibacterial adhesives. Looking ahead, SMP is launching a new brand, Ndur Healthcare, featuring a skincare line powered by natural ingredients like tallow, alongside anti-aging and acne care innovations. A major highlight is Magic Shields, a patented, FDA-approved, silver-free antibacterial hydrocolloid that kills MRSA and E. coli, reduces fungal infections, and supports wound healing. Magic Shields is designed to serve both skincare and wound care needs, showcasing SMP's expanding footprint in preventive health. Over the past decade and a half, SMP has gone from a single formulation to hundreds of private-label products, serving more than 20 companies. 'I'm proud we're still here,' said Dr. Leise. 'It's easy to underestimate the grit it takes to survive and grow in this industry. But I believe in working hard every day so that when luck comes, we're ready for it.' As Sarasota Medical Products celebrates this 15-year milestone, the company remains anchored in its mission: to empower patients to live confidently, comfortably, and with dignity, one innovative adhesive at a time. Media Contact Name: Rachel Crumbley Email: [email protected] The content provided herein does not constitute medical advice. Any references to treatments, products, or services are not intended as endorsements. The company and its affiliates are not responsible for the accuracy, reliability, effectiveness, or correct use of information contained in this press release. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Associated Press
13-06-2025
- Business
- Associated Press
Sarasota Medical Products, Inc. Celebrates 15 Years of Innovation, Partnership, and Purpose in Medical Adhesives
06/13/2025, Sarasota, Florida // PRODIGY: Feature Story // Sarasota Medical Products, Inc. (SMP), a veteran-owned innovator in the field of medical device adhesives, is proudly celebrating its 15th anniversary. It is a milestone that reflects its unwavering commitment to innovation, trusted partnership, and elevating the standard of care for patients worldwide. Founded in 2010 by Dr. Walter Francis Leise III, SMP began as an ambitious idea on paper, an MBA business plan, and a leap of faith away from corporate life. Today, the company stands as a recognized innovator in custom hydrocolloid development and wound, ostomy, and incontinence care, with a legacy of breakthroughs, partnerships, and purpose-driven growth. The turning point in SMP's early days came unexpectedly on Christmas Eve in 2011. Dr. Leise was in the lab, frustrated by an adhesive formulation that didn't meet expectations. But inspiration struck the next morning. 'I realized the formulation could actually serve a completely different need,' he said. 'It turned out to be perfect as a moldable gasket for ostomy patients. That moment really encapsulated what we now do: adapt, innovate, and listen to what patients need.' That adaptability became the cornerstone of SMP's success. SMP closely works with partners to develop customized, premium adhesive solutions. Each formulation is created with patients in mind. 'We're not a 'take it or leave it' company,' said Dr. Leise. SMP dwells on the philosophy that good products come from great partnerships. It only works with vendors who want to be partners, not just buyers. And the SMP team speaks to the patients constantly to hear them out, especially if something's not working, and constantly works on innovation. This commitment has led them to key acquisitions and brand expansions that reinforce SMP's standing in the market. In 2019, SMP acquired Cymed, a premium brand tailored for active patients. Employing micro skin, a breathable, ultra-thin, water-resistant adhesive dressing, Cymed empowers users to move freely, exercise, swim, and live without limits. 'Cymed is for people who don't want to slow down,' said Dr. Leise. 'It's one of the oldest names in ostomy care, and we're proud to carry it forward with next-gen improvements.' In 2020, SMP acquired Entrust, now housed under its Fortis Medical Products division. Known for high-quality ostomy, ileostomy, and urostomy devices, Entrust was brought under the SMP umbrella during the COVID-19 crisis, preserving a trusted brand and giving it the operational strength to grow. 'With Entrust, the mission is trust,' said Dr. Leise. 'Patients deserve to forget they've had a life-changing surgery. Our job is to make products so dependable and comfortable, their dignity and quality of life are never in question.' Based in Florida, SMP maintains its U.S.-made advantage, allowing it to maintain cost-competitive pricing against Asian manufacturers, all while offering unmatched customization and quality. Innovations in process efficiency have further strengthened SMP's position. The company has developed proprietary methods that dramatically reduce labor requirements and production costs, without compromising product performance. These efficiencies enable SMP to keep prices low, expand globally, and reinvest in research and development, including groundbreaking ventures into antibacterial adhesives. Looking ahead, SMP is launching a new brand, Ndur Healthcare, featuring a skincare line powered by natural ingredients like tallow, alongside anti-aging and acne care innovations. A major highlight is Magic Shields, a patented, FDA-approved, silver-free antibacterial hydrocolloid that kills MRSA and E. coli, reduces fungal infections, and supports wound healing. Magic Shields is designed to serve both skincare and wound care needs, showcasing SMP's expanding footprint in preventive health. Over the past decade and a half, SMP has gone from a single formulation to hundreds of private-label products, serving more than 20 companies. 'I'm proud we're still here,' said Dr. Leise. 'It's easy to underestimate the grit it takes to survive and grow in this industry. But I believe in working hard every day so that when luck comes, we're ready for it.' As Sarasota Medical Products celebrates this 15-year milestone, the company remains anchored in its mission: to empower patients to live confidently, comfortably, and with dignity, one innovative adhesive at a time. Media Contact Name: Rachel Crumbley Email: [email protected] The content provided herein does not constitute medical advice. Any references to treatments, products, or services are not intended as endorsements. The company and its affiliates are not responsible for the accuracy, reliability, effectiveness, or correct use of information contained in this press release.
