Auto Parts & Equipment

Superior Industries International (NYSE: SUP) Reports Q1 EPS of $0.29 vs. $0.47 Estimate

CORRECTION: Stoneridge (NYSE: SRI) Reports EPS of $0.12 vs. $0.17 Estimate; Revenues $193.0M vs. $167.8M Estimate

In a recent report, Jefferies has increased the price target on TRW Automotive (NYSE: TRW) from $69.00 to $71.00 and reiterate a buy rating on the company after upside 1Q. In the report, Jefferies said, "TRW reported 1Q EPS of $2.21 vs consensus of $1.76 (26% upside). The shares opened strong but...

Jefferies & Co. has a Buy rating and a $23 price target on shares of Dana Holding Corp. (NYSE: DAN) after the company held a dinner with sell-side analysts. In a note to investors, Jefferies writes, "Dana held a sell-side dinner on Wednesday night that included new CEO, Roger Wood, and CFO,...

Jefferies & Company has raised the price target on TRW Automotive (NYSE: TRW) from $69 to $71 and maintains its Buy rating.

Magna International (NYSE: MGA) Reports EPS of $1.30 vs. $1.13 Estimate; Revenues $7.19B vs. $6.59B Estimate

Goldman Sachs upgraded its price target on Tenneco (NYSE: TEN) from $45 to $48 in a research report published today. Goldman revised its earnings per share estimates for the next three year upwards as well. In the report, Goldman states, "Our upwardly revised estimates reflect: (1) the impact of...

Goldman Sachs has a Neutral rating and a $48 price target on shares of Tenneco Inc. (NYSE: TEN) after it reported earnings. In anote to clients, Goldman writes, "Tenneco reported strong 1Q results helped by both revenue and margins that came in ahead of our expectations. Our upwardly revised...

Deutsche Bank has lowered its price target on Tenneco Inc. (NYSE: TEN) from $53 to $51 based on inline Q1 results. According to Deutsche Bank, “Tenneco reported adjusted Q1 EPS of $0.63 vs. our $0.50 estimate and consensus of $0.48. However, adjusted for the timing of an inventory change over...

In a recent report, Jefferies reIterated a buy rating on Tenneco (NYSE: TEN) after a reported upside 1Q. In the report, Jefferies said, "We continue to believe that TEN has the potential to triple earnings over the next three years, making it the top growth story in midcap autos. At 5.5x forward...

Gainers (% price change): Volcom Inc. (VLCM) a designer, marketer and distributor of young men and young women clothing, footwear, accessories and related products under the Volcom brand name is trading at a price of $24.40, a dramatic change of +4.67 (23.67%) from its previous day's close....

TRW Automotive Holdings (NYSE: TRW) today reported first quarter 2011 financial results with sales of $4.1 billion, an increase of 15 percent compared to the prior year period. The Company reported GAAP first quarter net earnings of $281 million or $2.13 per diluted share, an increase of 32...

JP Morgan has raised the price target on Tenneco Automotive (NYSE: TEN) from $54 to $55 and maintains its Neutral rating.

Praxair Mexico, a subsidiary of Praxair, Inc. (NYSE: PX), has started up a new vacuum pressure swing adsorption plant to supply oxygen to Johnson Controls (NYSE: JCI) in Mexico. The new plant -- built, owned, and operated by Praxair -- has a capacity of 140 tons per day of oxygen and was...

Amerigon Incorporated (NASDAQ: ARGN) today announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, relating to Amerigon's previously announced acquisition of a majority of the voting shares of W.E.T. Automotive Systems AG, a German company, has...