CarParts.com Inc (NASDAQ: PRTS) is -25.44% lower on its value in year-to-date trading and has touched a low of $0.68 and a high of $1.45 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PRTS stock was last observed hovering at around $0.82 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $0.81, the stock is -12.33% and -18.51% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.17 million and changing -1.79% at the moment leaves the stock -17.54% off its SMA200. PRTS registered -39.45% loss for a year compared to 6-month gain of 0.73%. The firm has a 50-day simple moving average (SMA 50) of $0.988 and a 200-day simple moving average (SMA200) of $0.97655.
The stock witnessed a -20.27% loss in the last 1 month and extending the period to 3 months gives it a -38.99%, and is -3.60% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.68% over the week and 10.51% over the month.
CarParts.com Inc (PRTS) has around 1466 employees, a market worth around $46.94M and $588.85M in sales. Profit margin for the company is -6.90%. Distance from 52-week low is 18.43% and -44.27% from its 52-week high. The company has generated returns on investments over the last 12 months (-34.64%).
with sales reaching $146.14M over the same period.The EPS is expected to grow by 17.61% this year, but quarterly earnings will post -0.71% year-over-year. Quarterly sales are estimated to shrink -12.11% in year-over-year returns.
85.0 institutions hold shares in CarParts.com Inc (PRTS), with institutional investors hold 45.39% of the company’s shares. The shares outstanding are 58.30M, and float is at 54.18M with Short Float at 1.58%. Institutions hold 42.18% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 3.93 million shares valued at $3.93 million. The investor’s holdings represent 6.958 of the PRTS Shares outstanding. As of 2024-06-30, the second largest holder is OAKTOP CAPITAL MANAGEMENT II, L.P. with 3.73 million shares valued at $3.73 million to account for 6.5525 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 3.49 million shares representing 6.1433 and valued at over $3.49 million, while ACADIAN ASSET MANAGEMENT LLC holds 3.5393 of the shares totaling 2.01 million with a market value of $2.01 million.
CarParts.com Inc (PRTS) Insider Activity
The most recent transaction is an insider purchase by BARNES JIM, the company’s Director. SEC filings show that BARNES JIM bought 94,000 shares of the company’s common stock on Jun 11 ’24 at a price of $1.10 per share for a total of $0.1 million. Following the purchase, the insider now owns 0.25 million shares.
CarParts.com Inc disclosed in a document filed with the SEC on May 10 ’24 that GREYSON JAY KEITH (Director) bought a total of 41,658 shares of the company’s common stock. The trade occurred on May 10 ’24 and was made at $1.04 per share for $43324.0. Following the transaction, the insider now directly holds 0.28 million shares of the PRTS stock.
