Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, CarParts.com Inc (NASDAQ: PRTS) closed at $1.09 up 1.87% from its previous closing price of $1.07. In other words, the price has increased by $1.87 from its previous closing price. On the day, 0.62 million shares were traded. PRTS stock price reached its highest trading level at $1.12 during the session, while it also had its lowest trading level at $1.02.
Ratios:
For a deeper understanding of CarParts.com Inc’s stock, let’s take a closer look at its various 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.
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 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 58438824 and an Enterprise Value of 68260608. 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 0.112 whereas that against EBITDA is -4.758.
Stock Price History:
The Beta on a monthly basis for PRTS is 2.09, which has changed by -0.57539684 over the last 52 weeks, in comparison to a change of 0.21659255 over the same period for the S&P500. Over the past 52 weeks, PRTS has reached a high of $2.87, while it has fallen to a 52-week low of $0.68. The 50-Day Moving Average of the stock is 0.26%, while the 200-Day Moving Average is calculated to be 7.89%.
Shares Statistics:
For the past three months, PRTS has traded an average of 430.92K shares per day and 408910 over the past ten days. A total of 53.60M shares are outstanding, with a floating share count of 53.42M. Insiders hold about 6.93% of the company’s shares, while institutions hold 46.53% stake in the company. Shares short for PRTS as of 1736899200 were 660868 with a Short Ratio of 1.53, compared to 1734048000 on 512537. Therefore, it implies a Short% of Shares Outstanding of 660868 and a Short% of Float of 1.46.
