PRTS vs. LTCH, XOS, STRT, WKHS, CPTN, CENN, GP, BEEM, CZOO, and WPRT
Should you be buying CarParts.com stock or one of its competitors? The main competitors of CarParts.com include Latch (LTCH), XOS (XOS), Strattec Security (STRT), Workhorse Group (WKHS), Cepton (CPTN), Cenntro (CENN), GreenPower Motor (GP), Beam Global (BEEM), Cazoo Group (CZOO), and Westport Fuel Systems (WPRT). 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 better business? We will compare the two companies based on the strength of their profitability, institutional ownership, valuation, risk, analyst recommendations, media sentiment, earnings, community ranking and dividends.
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.
CarParts.com has a consensus price target of $4.00, suggesting a potential upside of 225.20%. 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.
In the previous week, Latch had 1 more articles in the media than CarParts.com. MarketBeat recorded 1 mentions for Latch and 0 mentions for CarParts.com. CarParts.com's average media sentiment score of 0.00 equaled Latch'saverage media sentiment score.
Latch has a beta of 1.71, suggesting that its stock price is 71% more volatile than the S&P 500. Comparatively, CarParts.com has a beta of 1.98, suggesting that its stock price is 98% more volatile than the S&P 500.
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 company insiders. Comparatively, 9.5% of CarParts.com shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
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.
Summary
CarParts.com beats Latch on 8 of the 14 factors compared between the two stocks.
Get CarParts.com News Delivered to You Automatically
Sign up to receive the latest news and ratings for PRTS and its competitors with MarketBeat's FREE daily newsletter.
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.
CarParts.com Competitors List
Related Companies and Tools
