In last trading session, CarParts.com Inc (NASDAQ:PRTS) saw 0.8 million shares changing hands with its beta currently measuring 2.05. Company’s recent per share price level of $1.00 trading at -$0.02 or -2.35% at ring of the bell on the day assigns it a market valuation of $57.17M. That closing price of PRTS’s stock is at a discount of -265.0% from its 52-week high price of $3.65 and is indicating a premium of 32.0% from its 52-week low price of $0.68. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.5 million shares which gives us an average trading volume of 480.69K if we extend that period to 3-months.
CarParts.com Inc (NASDAQ:PRTS) trade information
Upright in the red during last session for losing -2.35%, in the last five days PRTS remained trading in the red while hitting it’s week-highest on Friday, 11/22/24 when the stock touched $1.00 price level, adding 15.25% to its value on the day. CarParts.com Inc’s shares saw a change of -68.48% in year-to-date performance and have moved -10.27% in past 5-day. CarParts.com Inc (NASDAQ:PRTS) showed a performance of 19.99% in past 30-days. Number of shares sold short was 0.76 million shares which calculate 1.29 days to cover the short interests.
CarParts.com Inc (PRTS) estimates and forecasts
This year revenue growth is estimated to fall -11.62% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 142.15M for the same. And 3 analysts are in estimates of company making revenue of 161.57M in the next quarter. Company posted 156.4M and 166.29M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -0.12% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -322.22% while estimates for its earnings growth in next 5 years are of 15.00%.
CarParts.com Inc (NASDAQ:PRTS)’s Major holders
Insiders are in possession of 6.13% of company’s total shares while institution are holding 41.66 percent of that, with stock having share float percentage of 44.38%. Investors also watch the number of corporate investors in a company very closely, which is 41.66% institutions for CarParts.com Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at PRTS for having 3.93 million shares of worth $3.93 million. And as of 2024-06-30, it was holding 6.958 of the company’s outstanding shares.
The second largest institutional holder is OAKTOP CAPITAL MANAGEMENT II, L.P., which was holding about 3.73 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.5929 of outstanding shares, having a total worth of $3.73 million.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Explorer Fund, Inc. are the top two Mutual Funds which own company’s shares. As of Jun 30, 2024 , the former fund manager was holding 1.73 shares of worth $1.67 million or 3.01% of the total outstanding shares. The later fund manager was in possession of 932.39 shares on Jul 31, 2024 , making its stake of worth around $0.9 million in the company or a holder of 1.62% of company’s stock.
