NASDAQ:PRTS

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

$4.12

+0.04 (+0.98%)

(As of 09/29/2023 ET)

Compare

Today's Range: $4.08
▼
$4.14
50-Day Range: $3.95
▼
$5.03
52-Week Range: $3.80
▼
$7.44

Volume: 215,778 shs
Average Volume: 395,798 shs
Market Capitalization: $234.92 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $10.10

CarParts.com MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 145.1% Upside
$10.10 Price Target
Short Interest: Healthy
1.96% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -1.63
Upright™ Environmental Score
News Sentiment: 0.96
Based on 3 Articles This Week
Insider Trading: Acquiring Shares
$10,875 Bought Last Quarter
Proj. Earnings Growth: Growing
From ($0.16) to ($0.08) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.39 out of 5 stars

Auto/Tires/Trucks Sector

31st out of 98 stocks

Auto & Home Supply Stores Industry

4th out of 6 stocks

3.5

Analyst's Opinion

Consensus Rating
CarParts.com has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $10.10, CarParts.com has a forecasted upside of 145.1% from its current price of $4.12.
Amount of Analyst Coverage
CarParts.com has only been the subject of 2 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.96% 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 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in CarParts.com has recently decreased by 14.50%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
CarParts.com does not currently pay a dividend.
Dividend Growth
CarParts.com does not have a long track record of dividend growth.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
CarParts.com has received a -109.30% net impact score from Upright. The largest negative impact of CarParts.com in category "GHG emissions" is driven by its "Online retail of car parts" product. See details.
Environmental Sustainability
The Environmental Impact score for CarParts.com is -1.63.

3.9

News and Social Media Coverage

News Sentiment
CarParts.com has a news sentiment score of 0.96. 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 0.56 average news sentiment score of Auto/Tires/Trucks companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for CarParts.com this week, compared to 1 article on an average week.
Search Interest
10 people have searched for PRTS on MarketBeat in the last 30 days. This is an increase of 11% compared to the previous 30 days.
MarketBeat Follows
6 people have added CarParts.com to their MarketBeat watchlist in the last 30 days. This is an increase of 500% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CarParts.com insiders have bought more of their company's stock than they have sold. Specifically, they have bought $10,875.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 9.47% of the stock of CarParts.com is held by insiders.
Percentage Held by Institutions
74.15% of the stock of CarParts.com is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for CarParts.com are expected to grow in the coming year, from ($0.16) to ($0.08) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CarParts.com is -34.33, 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 -34.33, 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 2.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About CarParts.com (NASDAQ:PRTS) Stock

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 to individual consumers through its network of e-commerce websites and online marketplaces. The company also sells auto parts to collision repair shops and auto parts wholesale distributors. Its flagship websites include www.carparts.com, www.jcwhitney.com, www.autopartswarehouse.com and www.usautoparts.com. 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.

PRTS Price History

30 days | 90 days | 365 days | Advanced Chart

PRTS Stock News Headlines

September 25, 2023 | msn.com

Hidden Gems: 3 Small-Cap Stocks Flying Under the Radar

September 17, 2023 | barrons.com

CarParts.com Inc.

October 1, 2023 | Behind the Markets (Ad)

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September 7, 2023 | finance.yahoo.com

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August 28, 2023 | finance.yahoo.com

Insiders Are Betting Big on These 3 Stocks Under $10

August 24, 2023 | markets.businessinsider.com

CarParts.com Inc (PRTS) Receives a Buy from Roth MKM

August 24, 2023 | markets.businessinsider.com

CarParts.com Inc (PRTS) Gets a Buy from RBC Capital

August 24, 2023 | markets.businessinsider.com

Analysts’ Opinions Are Mixed on These NA Stocks: CarParts.com Inc (PRTS) and Foot Locker (FL)

October 1, 2023 | Behind the Markets (Ad)

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August 9, 2023 | msn.com

CarParts.com: The Hatches Are Battened Down

August 4, 2023 | theglobeandmail.com

Recent Analyst Upgrades for CarParts.com (PRTS) Suggests Investors Must Think Fast

August 3, 2023 | markets.businessinsider.com

CarParts.com (NASDAQ:PRTS) Stock Benefits from This Overlooked Narrative

August 3, 2023 | msn.com

RBC Capital Maintains CarParts.com (PRTS) Outperform Recommendation

August 3, 2023 | msn.com

Down 77%, Is It Time to Buy This Auto Parts Stock?

August 2, 2023 | insidermonkey.com

CarParts.com, Inc. (NASDAQ:PRTS) Q2 2023 Earnings Call Transcript

August 2, 2023 | msn.com

CarParts.com (PRTS) Q2 2023 Earnings Call Transcript

August 1, 2023 | washingtonpost.com

CarParts.com: Q2 Earnings Snapshot

August 1, 2023 | msn.com

CarParts.com (PRTS) Reports Q2 Loss, Tops Revenue Estimates

August 1, 2023 | finance.yahoo.com

CarParts.com Reports Highest Quarterly Sales in Company History

July 27, 2023 | finance.yahoo.com

CarParts.com, Inc. (NASDAQ:PRTS) is largely controlled by institutional shareholders who own 66% of the company

July 13, 2023 | markets.businessinsider.com

RBC Capital Reaffirms Their Buy Rating on CarParts.com Inc (PRTS)

July 11, 2023 | finance.yahoo.com

CarParts.com Sets Second Quarter 2023 Conference Call for Tuesday, August 1, 2023

May 29, 2023 | finance.yahoo.com

CarParts.com, Inc.'s (NASDAQ:PRTS) Profit Outlook

May 19, 2023 | msn.com

2 Top Growth Stocks to Buy Without Hesitation

May 10, 2023 | msn.com

CarParts.com's Return On Capital Employed Overview

May 3, 2023 | finance.yahoo.com

CarParts.com (PRTS) Q1 2023 Earnings Call Transcript

May 2, 2023 | finance.yahoo.com

CarParts.com Reports Record First Quarter 2023 Results

See More Headlines

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PRTS Company Calendar

Last Earnings: 8/01/2023
Today: 10/01/2023
Next Earnings (Estimated): 11/08/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Auto & home supply stores
Sub-Industry: Internet Retail
Sector: Auto/Tires/Trucks
Current Symbol: NASDAQ:PRTS
CUSIP: 90343C10
CIK: 1378950
Web: www.usautoparts.net
Phone: (424) 702-1455
Fax: 310-632-1681
Employees: 1,532
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $10.10
High Stock Price Forecast: $17.00
Low Stock Price Forecast: $5.50
Forecasted Upside/Downside: +145.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.12)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-950,000.00
Net Margins: -1.01%
Pretax Margin: -0.89%
Return on Equity: -5.94%
Return on Assets: -2.67%

Debt

Debt-to-Equity Ratio: 0.12
Current Ratio: 1.77
Quick Ratio: 0.80

Sales & Book Value

Annual Sales: $661.60 million
Price / Sales: 0.36
Cash Flow: $0.23 per share
Price / Cash Flow: 17.54
Book Value: $2.02 per share
Price / Book: 2.04

Miscellaneous

Outstanding Shares: 57,020,000
Free Float: 51,617,000
Market Cap: $234.92 million
Optionable: Not Optionable
Beta: 2.17

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Key Executives

Mr. David Meniane (Age 40)
CEO & Director
Comp: $790.56k

Mr. Ryan Lockwood C.F.A. (Age 41)
Chief Financial Officer
Comp: $424.03k

Mr. Kals Subramanian (Age 47)
Chief Technology Officer
Comp: $457.61k

Mr. Alfredo Gomez Esq. (Age 50)
VP & Gen. Counsel
Comp: $431.71k

Mr. Michael Huffaker (Age 43)
Chief Operating Officer

Tina Mirfarsi
Sr. VP of Global Communications & Culture

Ms. Stephanie Urbach (Age 57)
Chief HR Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PRTS Stock - Frequently Asked Questions

Should I buy or sell CarParts.com stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CarParts.com in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PRTS shares.
View PRTS analyst ratings or view top-rated stocks.
What is CarParts.com's stock price forecast for 2023?: 3 Wall Street analysts have issued 12 month price targets for CarParts.com's shares. Their PRTS share price forecasts range from $5.50 to $17.00. On average, they expect the company's stock price to reach $10.10 in the next twelve months. This suggests a possible upside of 145.1% from the stock's current price.
View analysts price targets for PRTS or view top-rated stocks among Wall Street analysts.
How have PRTS shares performed in 2023?: CarParts.com's stock was trading at $6.26 on January 1st, 2023. Since then, PRTS stock has decreased by 34.2% and is now trading at $4.12.
View the best growth stocks for 2023 here.
Are investors shorting CarParts.com?: CarParts.com saw a decline in short interest in the month of September. As of September 15th, there was short interest totaling 1,120,000 shares, a decline of 14.5% from the August 31st total of 1,310,000 shares. Based on an average daily trading volume, of 663,700 shares, the days-to-cover ratio is currently 1.7 days.
View CarParts.com's Short Interest.
When is CarParts.com's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our PRTS earnings forecast.
How were CarParts.com's earnings last quarter?: CarParts.com, Inc. (NASDAQ:PRTS) announced its quarterly earnings results on Tuesday, August, 1st. The specialty retailer reported ($0.01) EPS for the quarter, hitting the consensus estimate of ($0.01). The specialty retailer had revenue of $176.98 million for the quarter, compared to the consensus estimate of $176 million. CarParts.com had a negative net margin of 1.01% and a negative trailing twelve-month return on equity of 5.94%.

What is Lev Peker's approval rating as CarParts.com's CEO?: 4 employees have rated CarParts.com Chief Executive Officer Lev Peker on Glassdoor.com. Lev Peker has an approval rating of 74% among the company's employees.
What other stocks do shareholders of CarParts.com own?: Based on aggregate information from My MarketBeat watchlists, some companies that other CarParts.com investors own include Advanced Micro Devices (AMD), QUALCOMM (QCOM), OPKO Health (OPK), NVIDIA (NVDA), Enphase Energy (ENPH), Pfizer (PFE), Overstock.com (OSTK), Plug Power (PLUG), Vista Outdoor (VSTO) and Riot Platforms (RIOT).
What is CarParts.com's stock symbol?: CarParts.com trades on the NASDAQ under the ticker symbol "PRTS."
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is CarParts.com's stock price today?: One share of PRTS stock can currently be purchased for approximately $4.12.
How much money does CarParts.com make?: CarParts.com (NASDAQ:PRTS) has a market capitalization of $234.92 million and generates $661.60 million in revenue each year. The specialty retailer earns $-950,000.00 in net income (profit) each year or ($0.12) on an earnings per share basis.
How many employees does CarParts.com have?: The company employs 1,532 workers across the globe.
How can I contact CarParts.com?: CarParts.com's mailing address is 16941 KEEGAN AVE, CARSON CA, 90746. The official website for the company is www.usautoparts.net. The specialty retailer can be reached via phone at (424) 702-1455, via email at prts@gatewayir.com, or via fax at 310-632-1681.

This page (NASDAQ:PRTS) was last updated on 10/1/2023 by MarketBeat.com Staff

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

CarParts.com MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About CarParts.com (NASDAQ:PRTS) Stock

PRTS Price History

PRTS Stock News Headlines

PRTS Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

PRTS Stock - Frequently Asked Questions

Overall MarketRank^™