CarParts.com Inc (NASDAQ:PRTS) has a beta value of 2.01 and has seen 1.15 million shares traded in the last trading session. The company, currently valued at $58.55M, closed the last trade at $1.02 per share which meant it gained $0.09 on the day or 9.68% during that session. The PRTS stock price is -257.84% off its 52-week high price of $3.65 and 33.33% above the 52-week low of $0.68. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.72 million shares traded. The 3-month trading volume is 613.69K shares.
CarParts.com Inc (NASDAQ:PRTS) trade information
Sporting 9.68% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the PRTS stock price touched $1.02 or saw a rise of 1.92%. Year-to-date, CarParts.com Inc shares have moved -67.72%, while the 5-day performance has seen it change 37.34%. Over the past 30 days, the shares of CarParts.com Inc (NASDAQ:PRTS) have changed 11.73%. Short interest in the company has seen 0.91 million shares shorted with days to cover at 2.93.
CarParts.com Inc (PRTS) estimates and forecasts
The company’s shares have lost -12.07% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -11.80%.
3 analysts offering their estimates for the company have set an average revenue estimate of 140.81M for the current quarter. 3 have an estimated revenue figure of 160.74M for the next ending quarter. Year-ago sales stood 156.4M and 166.64M respectively for this quarter and the next, and analysts expect sales will shrink by -10.00% for the current quarter and -11.80% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -0.12% over the past 5 years. Earnings growth for 2024 is a modest -322.22% while over the next 5 years, the company’s earnings are expected to increase by 15.00%.
PRTS Dividends
CarParts.com Inc is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
CarParts.com Inc (NASDAQ:PRTS)’s Major holders
Insiders own 6.13% of the company shares, while shares held by institutions stand at 56.60% with a share float percentage of 60.29%. Investors are also buoyed by the number of investors in a company, with CarParts.com Inc having a total of 109.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 3.93 million shares worth more than $3.93 million. As of 2024-06-30, VANGUARD GROUP INC held 6.958% of shares outstanding.
The other major institutional holder is OAKTOP CAPITAL MANAGEMENT II, L.P., with the holding of over 3.73 million shares as of 2024-06-30. The firm’s total holdings are worth over $3.73 million and represent 6.5929% of shares outstanding.
