Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $0.92 in the prior trading day, CarParts.com Inc (NASDAQ: PRTS) closed at $0.87, down -5.72%. In other words, the price has decreased by -$5.72 from its previous closing price. On the day, 0.67 million shares were traded. PRTS stock price reached its highest trading level at $0.9397 during the session, while it also had its lowest trading level at $0.85.
Ratios:
Our goal is to gain a better understanding of PRTS by taking a closer look at its different ratios. 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:
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 50775032 and an Enterprise Value of 55703996. 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 0.55. Its current Enterprise Value per Revenue stands at 0.095 whereas that against EBITDA is -2.586.
Stock Price History:
The Beta on a monthly basis for PRTS is 1.21, which has changed by -0.27499998 over the last 52 weeks, in comparison to a change of 0.09765589 over the same period for the S&P500. Over the past 52 weeks, PRTS has reached a high of $1.45, while it has fallen to a 52-week low of $0.68. The 50-Day Moving Average of the stock is -9.12%, while the 200-Day Moving Average is calculated to be -9.90%.
Shares Statistics:
The stock has traded on average 627.00K shares per day over the past 3-months and 550700 shares per day over the last 10 days, according to various share statistics. A total of 58.30M shares are outstanding, with a floating share count of 54.05M. Insiders hold about 7.28% of the company’s shares, while institutions hold 45.29% stake in the company. Shares short for PRTS as of 1744675200 were 1012432 with a Short Ratio of 1.61, compared to 1741910400 on 559862. Therefore, it implies a Short% of Shares Outstanding of 1012432 and a Short% of Float of 2.02.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
