Ratios Reveal: Breaking Down CarParts.com Inc (PRTS)’s Financial Health

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CarParts.com Inc (NASDAQ: PRTS) closed the day trading at $0.99 down -3.76% from the previous closing price of $1.03. In other words, the price has decreased by -$3.76 from its previous closing price. On the day, 0.55 million shares were traded.

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.

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:

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:

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.

Stock Price History:

Over the past 52 weeks, PRTS has reached a high of $2.70, while it has fallen to a 52-week low of $0.68. The 50-Day Moving Average of the stock is -9.34%, while the 200-Day Moving Average is calculated to be -1.26%.

Shares Statistics:

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.

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