During the last session, CarParts.com Inc (NASDAQ:PRTS)’s traded shares were 0.48 million, with the beta value of the company hitting 2.05. At the end of the trading day, the stock’s price was $1.33, reflecting an intraday loss of -4.32% or -$0.06. The 52-week high for the PRTS share is $3.02, that puts it down -127.07 from that peak though still a striking 48.87% gain since the share price plummeted to a 52-week low of $0.68. The company’s market capitalization is $76.35M, and the average intraday trading volume over the past 10 days was 0.66 million shares, and the average trade volume was 501.13K shares over the past three months.
CarParts.com Inc (NASDAQ:PRTS) trade information
CarParts.com Inc (PRTS) registered a -4.32% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -4.32% in intraday trading to $1.33, hitting a weekly high. The stock’s 5-day price performance is 0.76%, and it has moved by 38.54% in 30 days. Based on these gigs, the overall price performance for the year is -55.52%. The short interest in CarParts.com Inc (NASDAQ:PRTS) is 0.55 million shares and it means that shorts have 1.74 day(s) to cover.
CarParts.com Inc (PRTS) estimates and forecasts
In the rating firms’ projections, revenue will decrease -11.78% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 140.81M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 160.73M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 156.4M and 166.29M respectively. In this case, analysts expect current quarter sales to shrink by -9.97% and then drop by -3.34% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -0.12%. While earnings are projected to return -322.22% in 2025.
PRTS Dividends
CarParts.com Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
CarParts.com Inc (NASDAQ:PRTS)’s Major holders
CarParts.com Inc insiders own 6.97% of total outstanding shares while institutional holders control 42.29%, with the float percentage being 45.46%. VANGUARD GROUP INC is the largest shareholder of the company, while 78.0 institutions own stock in it. As of 2024-06-30, the company held over 3.93 million shares (or 6.958% of all shares), a total value of $3.93 million in shares.
The next largest institutional holding, with 3.73 million shares, is of OAKTOP CAPITAL MANAGEMENT II, L.P.’s that is approximately 6.5929% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $3.73 million.
Also, the Mutual Funds coming in first place with the largest holdings of CarParts.com Inc (PRTS) shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund . Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 1.73 shares. This amounts to just over 3.01 percent of the company’s overall shares, with a $2.3 million market value. The same data shows that the other fund manager holds slightly less at 748.94, or about 1.30% of the stock, which is worth about $1.0 million.
