Investor’s Delight: CarParts.com Inc (PRTS) Closes Weak at 0.82, Down -1.93

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The closing price of CarParts.com Inc (NASDAQ: PRTS) was $0.82 for the day, down -1.93% from the previous closing price of $0.84. In other words, the price has decreased by -$1.93 from its previous closing price. On the day, 0.5 million shares were traded. PRTS stock price reached its highest trading level at $0.83 during the session, while it also had its lowest trading level at $0.79.

Ratios:

Our analysis of PRTS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.54 and its Current Ratio is at 1.54. In the meantime, Its Debt-to-Equity ratio is 0.49 whereas as Long-Term Debt/Eq ratio is at 0.38.

On March 04, 2022, Lake Street started tracking the stock assigning a Buy rating and target price of $18.

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 Jun 11 ’24 when BARNES JIM bought 94,000 shares for $1.10 per share. The transaction valued at 103,400 led to the insider holds 252,097 shares of the business.

GREYSON JAY KEITH bought 41,658 shares of PRTS for $43,324 on May 10 ’24. The Director now owns 282,107 shares after completing the transaction at $1.04 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 47761176 and an Enterprise Value of 52690144. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.08 while its Price-to-Book (P/B) ratio in mrq is 0.52. Its current Enterprise Value per Revenue stands at 0.089 whereas that against EBITDA is -2.446.

Stock Price History:

The Beta on a monthly basis for PRTS is 1.54, which has changed by -0.41428572 over the last 52 weeks, in comparison to a change of 0.059571505 over the same period for the S&P500. Over the past 52 weeks, PRTS has reached a high of $1.56, while it has fallen to a 52-week low of $0.68. The 50-Day Moving Average of the stock is -19.39%, while the 200-Day Moving Average is calculated to be -16.49%.

Shares Statistics:

PRTS traded an average of 654.92K shares per day over the past three months and 512310 shares per day over the past ten days. A total of 58.30M shares are outstanding, with a floating share count of 54.18M. Insiders hold about 7.07% of the company’s shares, while institutions hold 45.65% stake in the company. Shares short for PRTS as of 1743379200 were 853881 with a Short Ratio of 1.30, compared to 1740700800 on 670811. Therefore, it implies a Short% of Shares Outstanding of 853881 and a Short% of Float of 1.71.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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