PRTS vs. LTCH, XOS, CPTN, GP, STRT, CZOO, BEEM, REE, WPRT, and CENN
Should you be buying CarParts.com stock or one of its competitors? The main competitors of CarParts.com include Latch (LTCH), XOS (XOS), Cepton (CPTN), GreenPower Motor (GP), Strattec Security (STRT), Cazoo Group (CZOO), Beam Global (BEEM), REE Automotive (REE), Westport Fuel Systems (WPRT), and Cenntro (CENN). These companies are all part of the "auto/tires/trucks" sector.
Latch (NASDAQ:LTCH) and CarParts.com (NASDAQ:PRTS) are both small-cap auto/tires/trucks companies, but which is the superior business? We will contrast the two businesses based on the strength of their earnings, analyst recommendations, dividends, valuation, risk, community ranking, profitability, institutional ownership and media sentiment.
CarParts.com has a consensus price target of $4.00, suggesting a potential upside of 212.50%. Given Latch's higher probable upside, analysts clearly believe CarParts.com is more favorable than Latch.
CarParts.com has higher revenue and earnings than Latch.
Latch has a beta of 1.83, suggesting that its share price is 83% more volatile than the S&P 500. Comparatively, CarParts.com has a beta of 2.05, suggesting that its share price is 105% more volatile than the S&P 500.
Latch has a net margin of 0.00% compared to Latch's net margin of -1.22%. CarParts.com's return on equity of 0.00% beat Latch's return on equity.
In the previous week, CarParts.com had 1 more articles in the media than Latch. MarketBeat recorded 3 mentions for CarParts.com and 2 mentions for Latch. Latch's average media sentiment score of 0.33 beat CarParts.com's score of 0.00 indicating that CarParts.com is being referred to more favorably in the news media.
CarParts.com received 260 more outperform votes than Latch when rated by MarketBeat users. Likewise, 59.65% of users gave CarParts.com an outperform vote while only 27.27% of users gave Latch an outperform vote.
0.4% of Latch shares are held by institutional investors. Comparatively, 75.3% of CarParts.com shares are held by institutional investors. 27.5% of Latch shares are held by insiders. Comparatively, 9.5% of CarParts.com shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Summary
CarParts.com beats Latch on 10 of the 15 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding PRTS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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