CarParts.com Inc. (NASDAQ:PRTS) went down by -4.85% from its latest closing price compared to the recent 1-year high of $17.29. The company’s stock price has collected -0.95% of loss in the last five trading sessions. Press Release reported on 01/06/21 that CarParts.com Named 2020’s Fastest-Growing Auto Parts Site in the Automotive Aftermarket by SimilarWeb
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Is It Worth Investing in CarParts.com Inc. (NASDAQ :PRTS) Right Now?
Plus, the 36-month beta value for PRTS is at 2.67. Opinions of the stock are interesting as 4 analysts out of 4 who provided ratings for CarParts.com Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $18.00, which is $4.47 above the current price. PRTS currently public float of 36.87M and currently shorts hold a 34.31% ratio of that float. Today, the average trading volume of PRTS was 2.62M shares.
PRTS’s Market Performance
PRTS stocks went down by -0.95% for the week, with a monthly jump of 0.22% and a quarterly performance of 1.58%, while its annual performance rate touched 410.57%. The volatility ratio for the week stands at 6.44% while the volatility levels for the past 30 days are set at 6.94% for CarParts.com Inc.. The simple moving average for the period of the last 20 days is 5.43% for PRTS stocks with a simple moving average of 32.39% for the last 200 days.
Analysts’ Opinion of PRTS
Many brokerage firms have already submitted their reports for PRTS stocks, with ROTH Capital repeating the rating for PRTS by listing it as a “Buy.” The predicted price for PRTS in the upcoming period, according to ROTH Capital is $17 based on the research report published on September 09th of the previous year 2020.
DA Davidson, on the other hand, stated in their research note that they expect to see PRTS reach a price target of $19. The rating they have provided for PRTS stocks is “Buy” according to the report published on September 01st, 2020.
Craig Hallum gave a rating of “Buy” to PRTS, setting the target price at $4 in the report published on January 08th of the previous year.
PRTS Trading at 2.17% from the 50-Day Moving Average
After a stumble in the market that brought PRTS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -21.75% of loss for the given period.
Volatility was left at 6.94%, however, over the last 30 days, the volatility rate increased by 6.44%, as shares surge +6.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.62% upper at present.
During the last 5 trading sessions, PRTS fell by -0.95%, which changed the moving average for the period of 200-days by +695.88% in comparison to the 20-day moving average, which settled at $12.88. In addition, CarParts.com Inc. saw 9.20% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PRTS starting from Khazani Sol, who sale 200,585 shares at the price of $13.47 back on Dec 11. After this action, Khazani Sol now owns 2,056,857 shares of CarParts.com Inc., valued at $2,701,880 using the latest closing price.
Nia Mehran, the Director of CarParts.com Inc., sale 180,880 shares at $13.57 during a trade that took place back on Dec 11, which means that Nia Mehran is holding 1,666,937 shares at $2,454,542 based on the most recent closing price.
Stock Fundamentals for PRTS
Current profitability levels for the company are sitting at:
- -2.94 for the present operating margin
- +27.75 for the gross margin
The net margin for CarParts.com Inc. stands at -11.24. The total capital return value is set at -16.39, while invested capital returns managed to touch -86.59. Equity return is now at value -70.10, with -17.50 for asset returns.
Based on CarParts.com Inc. (PRTS), the company’s capital structure generated 233.07 points at debt to equity in total, while total debt to capital is 69.98. Total debt to assets is 32.81, with long-term debt to equity ratio resting at 105.89. Finally, the long-term debt to capital ratio is 31.78.
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When we switch over and look at the enterprise to sales, we see a ratio of 0.36, with the company’s debt to enterprise value settled at 0.28. The receivables turnover for the company is 87.76 and the total asset turnover is 3.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.04.
