In today’s recent session, 3.98 million shares of the CarParts.com Inc (NASDAQ:PRTS) have been traded, and its beta is 2.13. Most recently the company’s share price was $1.21, and it changed around $0.33 or 36.75% from the last close, which brings the market valuation of the company to $69.17M. PRTS at last check was trading at a discount to its 52-week high of $2.60, offering almost -114.88% off that amount. The share price’s 52-week low was $0.68, which indicates that the recent value has risen by an impressive 43.8% since then.
CarParts.com Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended PRTS as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. CarParts.com Inc is expected to report earnings per share of -0.17 for the current quarter.
CarParts.com Inc (NASDAQ:PRTS) trade information
Instantly PRTS has been showing a green trend so far today with a performance of 36.75% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.2500 on recent trading dayincreased the stock’s daily price by 3.2%. The company’s shares are currently up 11.57% year-to-date, but still up 22.47% over the last five days. On the other hand, CarParts.com Inc (NASDAQ:PRTS) is 2.99% up in the 30-day period.
CarParts.com Inc (PRTS) estimates and forecasts
The year-over-year growth rate is expected to be -11.72%, down from the previous year.
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 141.22M in revenue for the current quarter. 2 analysts expect CarParts.com Inc to make 156.71M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 156.4M and 166.29M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -9.70%. Forecasts for the next quarter put sales growth at -5.76%. Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -0.12%.
CarParts.com Inc (NASDAQ:PRTS)’s Major holders
OAKTOP CAPITAL MANAGEMENT II, L.P., with 6.5525% or 3.73 million shares worth $3.73 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund were the top two Mutual Funds as of Sep 30, 2024. The former held 1.73 shares worth $2.12 million, making up 3.01% of all outstanding shares. On the other hand, Vanguard Extended Market Index Fund held roughly 748.94 shares worth around $0.92 million, which represents about 1.30% of the total shares outstanding.
