CarParts.com (PRTS) Stock Price, News & Analysis

Company Overview

CarParts.com, Inc., together with its subsidiaries, operates as an online provider of aftermarket auto parts and accessories in the United States and the Philippines. It offers replacement parts, such as parts for the exterior of an automobile; mirror products; engine and chassis components, as well as other mechanical and electrical parts; and performance parts and accessories. The company sells its products to individual customers through its flagship website www.carparts.com and app; online marketplaces, including third-party auction sites and shopping portals; and auto parts wholesale distributors. The company was formerly known as U.S. Auto Parts Network, Inc. and changed its name to CarParts.com, Inc. in July 2020. CarParts.com, Inc. was incorporated in 1995 and is headquartered in Torrance, California.

Key Stats

• Today's Range: $1.00 to $1.06
• 50-Day Range: $0.68 to $1.02
• 52-Week Range: $0.68 to $3.65
• Volume: 234,818 shs
• Average Volume: 642,996 shs
• Market Capitalization: $57.97 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $1.60
• Consensus Rating: Hold

CarParts.com Stock Analysis - MarketRank™

CarParts.com scored higher than 72% of companies evaluated by MarketBeat, and ranked 35th out of 88 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.2 / 5
• Analyst Rating: Hold

Consensus Rating

CarParts.com has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

CarParts.com has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of CarParts.com is -1.87, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of CarParts.com is -1.87, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

CarParts.com has a P/B Ratio of 0.52. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.93% of the outstanding shares of CarParts.com have been sold short.

Short Interest Ratio / Days to Cover

CarParts.com has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in CarParts.com has recently increased by 21.42%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

CarParts.com does not currently pay a dividend.

Dividend Growth

CarParts.com does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -1.63

Percentage of Shares Shorted

1.93% of the outstanding shares of CarParts.com have been sold short.

Short Interest Ratio / Days to Cover

CarParts.com has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in CarParts.com has recently increased by 21.42%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 4.0 / 5
• News Sentiment: 1.16

News Sentiment

CarParts.com has a news sentiment score of 1.16. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Auto/Tires/Trucks companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for CarParts.com this week, compared to 1 article on an average week.

Search Interest

9 people have searched for PRTS on MarketBeat in the last 30 days. This is an increase of 80% compared to the previous 30 days.

MarketBeat Follows

4 people have added CarParts.com to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, CarParts.com insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 5.60% of the stock of CarParts.com is held by insiders.

Percentage Held by Institutions

75.30% of the stock of CarParts.com is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PRTS Stock Analysis - Frequently Asked Questions

How have PRTS shares performed this year?

CarParts.com's stock was trading at $3.16 at the beginning of the year. Since then, PRTS stock has decreased by 68.0% and is now trading at $1.01.
View the best growth stocks for 2024 here.

How were CarParts.com's earnings last quarter?

CarParts.com, Inc. (NASDAQ:PRTS) issued its earnings results on Tuesday, October, 29th. The specialty retailer reported ($0.17) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.11) by $0.06. The specialty retailer earned $144.75 million during the quarter. CarParts.com had a negative trailing twelve-month return on equity of 29.57% and a negative net margin of 5.11%.

Who are CarParts.com's major shareholders?

Top institutional shareholders of CarParts.com include GSA Capital Partners LLP (2.15%), Polar Asset Management Partners Inc. (0.93%), FMR LLC (0.74%) and Assenagon Asset Management S.A. (0.48%). Insiders that own company stock include Alfredo Gomez, Jay Keith Greyson, Jim Barnes, Houman Akhavan, Ryan Lockwood, Kals Subramanian, Michael Huffaker and David Meniane.
View institutional ownership trends.

How do I buy shares of CarParts.com?

Shares of PRTS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of CarParts.com own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CarParts.com investors own include Waste Connections (WCN), AUO (AUOTY), American Water Works (AWK), DiamondRock Hospitality (DRH), The RMR Group (RMR), Voyager Therapeutics (VYGR) and Humana (HUM).

Company Calendar

• Last Earnings: 10/29/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/06/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Auto/Tires/Trucks
• Industry: Auto & home supply stores
• Sub-Industry: Internet Retail
• Current Symbol: NASDAQ:PRTS
• CUSIP: 90343C10
• CIK: 1378950
• Web: www.usautoparts.net
• Phone: (424) 702-1455
• Fax: 310-632-1681
• Employees: 1,695
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $1.60
• High Stock Price Target: $2.00
• Low Stock Price Target: $0.80
• Potential Upside/Downside: +58.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.54)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-8,220,000.00
• Net Margins: -5.11%
• Pretax Margin: -5.11%
• Return on Equity: -29.57%
• Return on Assets: -12.68%

Debt

• Debt-to-Equity Ratio: 0.10
• Current Ratio: 1.62
• Quick Ratio: 0.57

Sales & Book Value

• Annual Sales: $675.73 million
• Price / Sales: 0.09
• Cash Flow: $0.15 per share
• Price / Cash Flow: 6.78
• Book Value: $1.96 per share
• Price / Book: 0.52

Miscellaneous

• Outstanding Shares: 57,400,000
• Free Float: 54,186,000
• Market Cap: $57.97 million
• Optionable: Optionable
• Beta: 2.06