NASDAQ:MPAA

Automotive·Business·Market Analysis·NASDAQ:MPAA·News

Motorcar Parts Shares Head for Key Test After Uneventful Rebound

Motorcar Parts of America shares fell 1.8% Friday to $11.06 but ended the week up 1.4%. The company reported fiscal Q3 net sales dropped to $167.7 million from $186.2 million a year earlier, citing a major customer’s order cuts. CEO Selwyn Joffe will speak at Oppenheimer’s virtual consumer conference on June 9. No earnings date is set for next week.

May 30, 2026

Northern Star Resources Valuation Examined as MD Announces FY27 Exit
May 30, 2026, 4:31 PM EDT. Northern Star Resources (ASX:NST) Managing Director Stuart Tonkin plans to step down in early FY27, drawing investor focus. Shares rose 3.35% to A$18.81, though 30- and 90-day returns stand negative at 10.43% and 37.88% respectively. The stock holds a 5-year total shareholder return of 95.12%, reflecting strong long-term gains. Market narratives suggest Northern Star is 31.3% undervalued against a fair value estimate of A$27.38, supported by growth from the Hemi project and a decade-long reserve-backed production outlook. Risks include execution and cost pressures on major projects amid inflation. Investors are advised to consider valuation, growth prospects, and risks before adjusting gold sector exposure.