The stock has a 36-month beta value of 2.03. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for PRTS is 53.95M, and at present, short sellers hold a 2.06% of that float. On November 18, 2024, the average trading volume of PRTS was 495.89K shares.
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PRTS) stock’s latest price update
The stock price of CarParts.com Inc (NASDAQ: PRTS) has jumped by 7.10 compared to previous close of 0.94. Despite this, the company has seen a gain of 7.63% in its stock price over the last five trading days. seekingalpha.com reported 2024-10-29 that CarParts.com, Inc. (NASDAQ:PRTS ) Q3 2024 Earnings Conference Call October 29, 2024 5:00 PM ET Company Participants Tina Mirfarsi – Senior Vice President of Global Communications and Brand David Meniane – Chief Executive Officer Ryan Lockwood – Chief Financial Officer Conference Call Participants Ryan Sigdahl – Craig-Hallum Capital Group Operator Good afternoon. At this time all participants will be in a listen-only mode.
PRTS’s Market Performance
CarParts.com Inc (PRTS) has experienced a 7.63% rise in stock performance for the past week, with a 27.04% rise in the past month, and a 24.65% rise in the past quarter. The volatility ratio for the week is 8.75%, and the volatility levels for the past 30 days are at 9.57% for PRTS. The simple moving average for the past 20 days is 18.01% for PRTS’s stock, with a -20.38% simple moving average for the past 200 days.
Analysts’ Opinion of PRTS
Many brokerage firms have already submitted their reports for PRTS stocks, with Lake Street repeating the rating for PRTS by listing it as a “Buy.” The predicted price for PRTS in the upcoming period, according to Lake Street is $18 based on the research report published on March 04, 2022 of the previous year 2022.
ROTH Capital, on the other hand, stated in their research note that they expect to see PRTS reach a price target of $17. The rating they have provided for PRTS stocks is “Buy” according to the report published on September 09th, 2020.
DA Davidson gave a rating of “Buy” to PRTS, setting the target price at $19 in the report published on September 01st of the previous year.
PRTS Trading at 17.16% 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 -72.33% of loss for the given period.
Volatility was left at 9.57%, however, over the last 30 days, the volatility rate increased by 8.75%, as shares surge +32.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +20.87% upper at present.
During the last 5 trading sessions, PRTS rose by +7.63%, which changed the moving average for the period of 200-days by -63.93% in comparison to the 20-day moving average, which settled at $0.8559. In addition, CarParts.com Inc saw -68.04% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PRTS starting from BARNES JIM, who purchase 94,000 shares at the price of $1.10 back on Jun 11 ’24. After this action, BARNES JIM now owns 252,097 shares of CarParts.com Inc, valued at $103,400 using the latest closing price.
GREYSON JAY KEITH, the Director of CarParts.com Inc, purchase 41,658 shares at $1.04 during a trade that took place back on May 10 ’24, which means that GREYSON JAY KEITH is holding 282,107 shares at $43,324 based on the most recent closing price.
Stock Fundamentals for PRTS
Current profitability levels for the company are sitting at:
- -0.05 for the present operating margin
- 0.31 for the gross margin
The net margin for CarParts.com Inc stands at -0.05. The total capital return value is set at -0.24. Equity return is now at value -29.11, with -12.55 for asset returns.
Currently, EBITDA for the company is 10.04 million with net debt to EBITDA at -0.46. When we switch over and look at the enterprise to sales, we see a ratio of 0.1. The receivables turnover for the company is 72.59for trailing twelve months and the total asset turnover is 2.69. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.62.
Conclusion
To sum up, CarParts.com Inc (PRTS) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
