Should I buy or sell CarParts.com stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CarParts.com in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" PRTS shares. View PRTS analyst ratings or view top-rated stocks .

What is CarParts.com's stock price target for 2024?

2 Wall Street research analysts have issued 1-year price targets for CarParts.com's stock. Their PRTS share price targets range from $4.00 to $4.00. On average, they predict the company's share price to reach $4.00 in the next twelve months. This suggests a possible upside of 185.7% 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 2024?

CarParts.com's stock was trading at $3.16 at the beginning of 2024. Since then, PRTS stock has decreased by 55.7% and is now trading at $1.40. View the best growth stocks for 2024 here .

Are investors shorting CarParts.com?

CarParts.com saw a increase in short interest in March. As of March 31st, there was short interest totaling 2,320,000 shares, an increase of 50.6% from the March 15th total of 1,540,000 shares. Based on an average daily trading volume, of 691,700 shares, the short-interest ratio is presently 3.4 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 Tuesday, May 7th 2024. View our PRTS earnings forecast .

How were CarParts.com's earnings last quarter?

CarParts.com, Inc. (NASDAQ:PRTS) issued its earnings results on Thursday, March, 7th. The specialty retailer reported ($0.11) EPS for the quarter, missing the consensus estimate of ($0.10) by $0.01. The specialty retailer had revenue of $156.40 million for the quarter, compared to analyst estimates of $150.60 million. CarParts.com had a negative trailing twelve-month return on equity of 7.06% and a negative net margin of 1.22%. During the same quarter last year, the business earned ($0.11) earnings per share.

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) .

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:PRTS

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

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Free PRTS Stock Alerts

$1.40

-0.02 (-1.41%)

(As of 04/15/2024 ET)

Compare

Today's Range: $1.38
▼
$1.46
50-Day Range: $1.40
▼
$2.84
52-Week Range: $1.38
▼
$5.30

Volume: 565,209 shs
Average Volume: 682,971 shs
Market Capitalization: $79.24 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $4.00

Get CarParts.com alerts:

CarParts.com MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 185.7% Upside
$4.00 Price Target
Short Interest: Healthy
4.10% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -1.63
Upright™ Environmental Score
News Sentiment: 0.63
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.36) to ($0.26) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.48 out of 5 stars

Auto/Tires/Trucks Sector

34th out of 82 stocks

Auto & Home Supply Stores Industry

5th 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 2 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
CarParts.com has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
4.10% 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 3.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in CarParts.com has recently increased by 50.65%, indicating that investor sentiment is decreasing 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.

2.6

News and Social Media Coverage

News Sentiment
CarParts.com has a news sentiment score of 0.63. 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 0.49 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
Only 4 people have searched for PRTS on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added CarParts.com to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CarParts.com insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 9.47% of the stock of CarParts.com is held by insiders.
Percentage Held by Institutions
75.30% of the stock of CarParts.com is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for CarParts.com are expected to grow in the coming year, from ($0.36) to ($0.26) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CarParts.com is -10.00, 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 -10.00, 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 0.71. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About CarParts.com Stock (NASDAQ:PRTS)

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. The company sells its products to individual customers through its flagship website www.carparts.com and app; online marketplaces, including third-party auction sites and shopping portals; and auto parts wholesale distributors. 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 Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PRTS Stock News Headlines

April 15, 2024 | markets.businessinsider.com

CarParts.com Co-founder Advocates for Board Intervention to Halt Business Decline and Restore Profitability (PRTS)

April 5, 2024 | prnewswire.com

CarParts.com, Inc. Adopts Tax Benefits Preservation Plan

April 16, 2024 | InvestorPlace (Ad)

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March 28, 2024 | msn.com

The Penny Stock A-List: 7 High-Profile Companies on the Verge of Greatness

March 28, 2024 | investorplace.com

The Penny Stock A-List: 7 High-Profile Companies on the Verge of Greatness

March 14, 2024 | finance.yahoo.com

DOOO Apr 2024 60.000 put

March 9, 2024 | finance.yahoo.com

CarParts.com Full Year 2023 Earnings: EPS Misses Expectations

March 8, 2024 | marketwatch.com

CarParts.com Plummets 22% As Sales Growth Sputters

April 16, 2024 | InvestorPlace (Ad)

“Forget Tesla, this is Elon’s Next Big Thing”

According to Forbes, this breakthrough could define the future of AI. Most people don’t know about it… Because it was found 750 miles away from Silicon Valley.

March 8, 2024 | markets.businessinsider.com

Buy Rating Affirmed for CarParts.com on Strong Operational Performance and Strategic Growth Initiatives

March 8, 2024 | finance.yahoo.com

CarParts.com, Inc. (NASDAQ:PRTS) Q4 2023 Earnings Call Transcript

March 8, 2024 | finance.yahoo.com

CarParts.com Inc (PRTS) Reports Record Fiscal Year Sales Despite Net Loss Widening

March 8, 2024 | investorplace.com

PRTS Stock Earnings: CarParts.com Meets EPS, Beats Revenue for Q4 2023

March 7, 2024 | pymnts.com

CarParts.com Looks to Mobile App, Content Marketing to Drive Profits

March 7, 2024 | chron.com

CarParts.com: Q4 Earnings Snapshot

March 7, 2024 | prnewswire.com

CarParts.com Reports Highest Fiscal Year Sales in Company History

March 6, 2024 | msn.com

CarParts Q4 2023 Earnings Preview

February 20, 2024 | finance.yahoo.com

CarParts.com To Present At The 36th Annual Roth Conference

February 20, 2024 | prnewswire.com

CarParts.com To Present At The 36th Annual Roth Conference

February 15, 2024 | finance.yahoo.com

CarParts.com Sets Fourth Quarter 2023 Conference Call for Thursday, March 7, 2024

February 15, 2024 | investorplace.com

3 Hidden-Gem Stocks Ready to Ride a Massive Market Wave

February 15, 2024 | prnewswire.com

CarParts.com Sets Fourth Quarter 2023 Conference Call for Thursday, March 7, 2024

January 25, 2024 | markets.businessinsider.com

CarParts.com Inc.: Buy Rating Affirmed Amid Strategic Initiatives and Financial Resilience

January 22, 2024 | finance.yahoo.com

CarParts.com Announces Extension of $30 Million Repurchase Plan

January 21, 2024 | seekingalpha.com

CarParts.com: Still Suffering From A Covid Hangover

January 3, 2024 | finance.yahoo.com

CarParts.com, Inc. (NASDAQ:PRTS) is a favorite amongst institutional investors who own 62%

November 30, 2023 | msn.com

How High Can Penny Stock CarParts.com Rally in 2024?

See More Headlines

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Company Calendar

Last Earnings: 3/07/2024
Today: 4/15/2024
Next Earnings (Estimated): 5/07/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Auto/Tires/Trucks
Industry: Auto & home supply stores
Sub-Industry: Internet Retail
Current Symbol: NASDAQ:PRTS
CUSIP: 90343C10
CIK: 1378950
Web: www.usautoparts.net
Phone: (424) 702-1455
Fax: 310-632-1681
Employees: 1,695
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $4.00
High Stock Price Target: $4.00
Low Stock Price Target: $4.00
Potential Upside/Downside: +185.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.14)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-8,220,000.00
Net Margins: -1.22%
Pretax Margin: -1.20%
Return on Equity: -7.06%
Return on Assets: -3.14%

Debt

Debt-to-Equity Ratio: 0.11
Current Ratio: 1.71
Quick Ratio: 0.57

Sales & Book Value

Annual Sales: $675.73 million
Price / Sales: 0.12
Cash Flow: $0.15 per share
Price / Cash Flow: 9.53
Book Value: $1.96 per share
Price / Book: 0.71

Miscellaneous

Outstanding Shares: 56,600,000
Free Float: 51,237,000
Market Cap: $79.24 million
Optionable: Optionable
Beta: 1.99

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Key Executives

Mr. David Meniane (Age 41)
CEO & Director
Comp: $790.56k
Mr. Ryan Lockwood C.F.A. (Age 42)
Chief Financial Officer
Comp: $424.03k
Mr. Kals Subramanian (Age 48)
Chief Technology Officer
Comp: $457.61k
Mr. Alfredo Gomez Esq. (Age 51)
General Counsel
Comp: $431.71k
Mr. Michael Huffaker (Age 44)
Chief Operating Officer
Tina Mirfarsi
Senior Vice President of Global Communications & Culture
Ms. Stephanie Urbach (Age 58)
Chief Human Resources Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PRTS Stock Analysis - Frequently Asked Questions

Should I buy or sell CarParts.com stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CarParts.com in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" PRTS shares.
View PRTS analyst ratings or view top-rated stocks.
What is CarParts.com's stock price target for 2024?: 2 Wall Street research analysts have issued 1-year price targets for CarParts.com's stock. Their PRTS share price targets range from $4.00 to $4.00. On average, they predict the company's share price to reach $4.00 in the next twelve months. This suggests a possible upside of 185.7% 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 2024?: CarParts.com's stock was trading at $3.16 at the beginning of 2024. Since then, PRTS stock has decreased by 55.7% and is now trading at $1.40.
View the best growth stocks for 2024 here.
Are investors shorting CarParts.com?: CarParts.com saw a increase in short interest in March. As of March 31st, there was short interest totaling 2,320,000 shares, an increase of 50.6% from the March 15th total of 1,540,000 shares. Based on an average daily trading volume, of 691,700 shares, the short-interest ratio is presently 3.4 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 Tuesday, May 7th 2024.
View our PRTS earnings forecast.

How were CarParts.com's earnings last quarter?: CarParts.com, Inc. (NASDAQ:PRTS) issued its earnings results on Thursday, March, 7th. The specialty retailer reported ($0.11) EPS for the quarter, missing the consensus estimate of ($0.10) by $0.01. The specialty retailer had revenue of $156.40 million for the quarter, compared to analyst estimates of $150.60 million. CarParts.com had a negative trailing twelve-month return on equity of 7.06% and a negative net margin of 1.22%. During the same quarter last year, the business earned ($0.11) earnings per share.
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).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PRTS) was last updated on 4/16/2024 by MarketBeat.com Staff

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