For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, CarParts.com Inc (NASDAQ: PRTS) closed at $1.25 up 3.31% from its previous closing price of $1.21. In other words, the price has increased by $3.31 from its previous closing price. On the day, 0.63 million shares were traded. PRTS stock price reached its highest trading level at $1.27 during the session, while it also had its lowest trading level at $1.22.
Ratios:
For a deeper understanding of CarParts.com Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.86. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 70746872 and an Enterprise Value of 57921852. 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 0.60. Its current Enterprise Value per Revenue stands at 0.086 whereas that against EBITDA is 8.462.
Stock Price History:
The Beta on a monthly basis for PRTS is 2.04, which has changed by -0.7252747 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, PRTS has reached a high of $5.16, while it has fallen to a 52-week low of $1.21. The 50-Day Moving Average of the stock is -32.44%, while the 200-Day Moving Average is calculated to be -61.10%.
Shares Statistics:
For the past three months, PRTS has traded an average of 731.14K shares per day and 602270 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 75.23% stake in the company. Shares short for PRTS as of 1713139200 were 2758469 with a Short Ratio of 3.77, compared to 1710460800 on 1535891. Therefore, it implies a Short% of Shares Outstanding of 2758469 and a Short% of Float of 5.1.
Earnings Estimates
The current rating of CarParts.com Inc (PRTS) is the result of assessments by 3.0 analysts actively engaged in evaluating its market dynamics.On average, analysts expect EPS of -$0.1 for the current quarter, with a high estimate of -$0.07 and a low estimate of -$0.13, while EPS last year was $0.02. The consensus estimate for the next quarter is -$0.09, with high estimates of -$0.08 and low estimates of -$0.09.
Analysts are recommending an EPS of between -$0.32 and -$0.39 for the fiscal current year, implying an average EPS of -$0.36. EPS for the following year is -$0.25, with 3.0 analysts recommending between -$0.16 and -$0.33.
Revenue Estimates
A total of 3 analysts believe the company’s revenue will be $166.64M this quarter.It ranges from a high estimate of $168M to a low estimate of $165M. As of the current estimate, CarParts.com Inc’s year-ago sales were $175.49MFor the next quarter, 3 analysts are estimating revenue of $177.75M. There is a high estimate of $180M for the next quarter, whereas the lowest estimate is $176.26M.
A total of 3 analysts have provided revenue estimates for PRTS’s current fiscal year. The highest revenue estimate was $679.2M, while the lowest revenue estimate was $665.2M, resulting in an average revenue estimate of $673.35M. In the same quarter a year ago, actual revenue was $675.73MBased on 3 analysts’ estimates, the company’s revenue will be $698.12M in the next fiscal year. The high estimate is $701.6M and the low estimate is $693.16M.
