Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
The closing price of CarParts.com Inc (NASDAQ: PRTS) was $1.20 for the day, down -6.25% from the previous closing price of $1.28. In other words, the price has decreased by -$6.25 from its previous closing price. On the day, 1.12 million shares were traded. PRTS stock price reached its highest trading level at $1.32 during the session, while it also had its lowest trading level at $1.2.
Ratios:
Our analysis of PRTS’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.78. For the most recent quarter (mrq), Quick Ratio is recorded 0.57 and its Current Ratio is at 1.71. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.26.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Lake Street on March 04, 2022, initiated with a Buy rating and assigned the stock a target price of $18.
On September 01, 2020, DA Davidson started tracking the stock assigning a Buy rating and target price of $19.DA Davidson initiated its Buy rating on September 01, 2020, with a $19 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 04 ’23 when Huffaker Michael bought 2,466 shares for $4.41 per share. The transaction valued at 10,875 led to the insider holds 4,169 shares of the business.
Lockwood Ryan sold 818 shares of PRTS for $3,624 on May 15 ’23. The Chief Financial Officer now owns 59,917 shares after completing the transaction at $4.43 per share.
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 71917920 and an Enterprise Value of 55091980. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.10 while its Price-to-Book (P/B) ratio in mrq is 0.57. Its current Enterprise Value per Revenue stands at 0.082 whereas that against EBITDA is 8.048.
Stock Price History:
Over the past 52 weeks, PRTS has reached a high of $5.16, while it has fallen to a 52-week low of $1.19. The 50-Day Moving Average of the stock is -29.82%, while the 200-Day Moving Average is calculated to be -61.66%.
Shares Statistics:
PRTS traded an average of 742.08K shares per day over the past three months and 527320 shares per day over the past ten days. A total of 53.71M shares are outstanding, with a floating share count of 51.65M. Insiders hold about 8.82% of the company’s shares, while institutions hold 74.68% stake in the company. Shares short for PRTS as of 1713139200 were 2758469 with a Short Ratio of 3.72, compared to 1710460800 on 1535891. Therefore, it implies a Short% of Shares Outstanding of 2758469 and a Short% of Float of 5.6999996.
