Market Resilience: CarParts.com Inc (PRTS) Finishes Weak at 0.98, Down -9.83

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CarParts.com Inc (NASDAQ: PRTS) closed the day trading at $0.98 down -9.83% from the previous closing price of $1.09. In other words, the price has decreased by -$9.83 from its previous closing price. On the day, 0.62 million shares were traded. PRTS stock price reached its highest trading level at $1.115 during the session, while it also had its lowest trading level at $0.98.

Ratios:

For a better understanding of PRTS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.57 and its Current Ratio is at 1.62. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.35.

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

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 52696808 and an Enterprise Value of 62113108. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.09 while its Price-to-Book (P/B) ratio in mrq is 0.54. Its current Enterprise Value per Revenue stands at 0.102 whereas that against EBITDA is -4.329.

Stock Price History:

The Beta on a monthly basis for PRTS is 1.98, which has changed by -0.45555556 over the last 52 weeks, in comparison to a change of 0.07903516 over the same period for the S&P500. Over the past 52 weeks, PRTS has reached a high of $1.81, while it has fallen to a 52-week low of $0.68. The 50-Day Moving Average of the stock is -11.92%, while the 200-Day Moving Average is calculated to be -1.54%.

Shares Statistics:

Over the past 3-months, PRTS traded about 576.12K shares per day on average, while over the past 10 days, PRTS traded about 1378230 shares per day. A total of 53.60M shares are outstanding, with a floating share count of 53.36M. Insiders hold about 7.04% of the company’s shares, while institutions hold 46.34% stake in the company. Shares short for PRTS as of 1740700800 were 670811 with a Short Ratio of 1.16, compared to 1738281600 on 651265. Therefore, it implies a Short% of Shares Outstanding of 670811 and a Short% of Float of 1.48.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Earnings Estimates

The firm’s stock currently is rated by 2.0 analysts. The consensus estimate for the next quarter is -$0.12, with high estimates of -$0.08 and low estimates of -$0.15.

Analysts are recommending an EPS of between -$0.62 and -$0.64 for the fiscal current year, implying an average EPS of -$0.63. EPS for the following year is -$0.52, with 2.0 analysts recommending between -$0.52 and -$0.53.

Revenue Estimates

2 analysts predict $137.49M in revenue for the current quarter. It ranges from a high estimate of $140.8M to a low estimate of $134.19M. As of the current estimate, CarParts.com Inc’s year-ago sales were $156.4MFor the next quarter, 2 analysts are estimating revenue of $151.01M. There is a high estimate of $158M for the next quarter, whereas the lowest estimate is $144.01M.

A total of 2 analysts have provided revenue estimates for PRTS’s current fiscal year. The highest revenue estimate was $596M, while the lowest revenue estimate was $589.5M, resulting in an average revenue estimate of $592.75M. In the same quarter a year ago, actual revenue was $675.73MBased on 2 analysts’ estimates, the company’s revenue will be $597.62M in the next fiscal year. The high estimate is $609.2M and the low estimate is $586.04M.

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