Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $0.71 in the prior trading day, CarParts.com Inc (NASDAQ: PRTS) closed at $0.7, down -1.00%. In other words, the price has decreased by -$1.00 from its previous closing price. On the day, 0.98 million shares were traded. PRTS stock price reached its highest trading level at $0.7151 during the session, while it also had its lowest trading level at $0.7.
Ratios:
Our goal is to gain a better understanding of PRTS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.38 and its Current Ratio is at 1.47. In the meantime, Its Debt-to-Equity ratio is 0.75 whereas as Long-Term Debt/Eq ratio is at 0.61.
On March 04, 2022, Lake Street started tracking the stock assigning a Buy rating and target price of $18.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PRTS now has a Market Capitalization of 38684048 and an Enterprise Value of 68229304. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.07 while its Price-to-Book (P/B) ratio in mrq is 0.62. Its current Enterprise Value per Revenue stands at 0.118 whereas that against EBITDA is -2.141.
Stock Price History:
The Beta on a monthly basis for PRTS is 0.93, which has changed by -0.23076922 over the last 52 weeks, in comparison to a change of 0.17904854 over the same period for the S&P500. Over the past 52 weeks, PRTS has reached a high of $1.42, while it has fallen to a 52-week low of $0.68. The 50-Day Moving Average of the stock is -14.21%, while the 200-Day Moving Average is calculated to be -23.68%.
Shares Statistics:
The stock has traded on average 887.74K shares per day over the past 3-months and 1190080 shares per day over the last 10 days, according to various share statistics. A total of 54.98M shares are outstanding, with a floating share count of 44.10M. Insiders hold about 25.17% of the company’s shares, while institutions hold 38.31% stake in the company. Shares short for PRTS as of 1757894400 were 601963 with a Short Ratio of 0.68, compared to 1755216000 on 710458. Therefore, it implies a Short% of Shares Outstanding of 601963 and a Short% of Float of 1.21.
Earnings Estimates
As of right now, 1.0 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is -$0.29, with high estimates of -$0.29 and low estimates of -$0.29.
Analysts are recommending an EPS of between -$0.99 and -$0.99 for the fiscal current year, implying an average EPS of -$0.99. EPS for the following year is -$0.52, with 1.0 analysts recommending between -$0.52 and -$0.52.
Revenue Estimates
2 analysts predict $142.03M in revenue for. The current quarter. It ranges from a high estimate of $144.8M to a low estimate of $139.26M. As of. The current estimate, CarParts.com Inc’s year-ago sales were $144.75MFor the next quarter, 2 analysts are estimating revenue of $135.86M. There is a high estimate of $140.2M for the next quarter, whereas the lowest estimate is $131.52M.
A total of 2 analysts have provided revenue estimates for PRTS’s current fiscal year. The highest revenue estimate was $584.3M, while the lowest revenue estimate was $570.1M, resulting in an average revenue estimate of $577.2M. In the same quarter a year ago, actual revenue was $588.85MBased on 2 analysts’ estimates, the company’s revenue will be $592.35M in the next fiscal year. The high estimate is $613.5M and the low estimate is $571.21M.
