In last trading session, CarParts.com Inc (NASDAQ:PRTS) saw 0.57 million shares changing hands with its beta currently measuring 1.48. Company’s recent per share price level of $0.87 trading at -$0.12 or -12.68% at ring of the bell on the day assigns it a market valuation of $50.59M. That closing price of PRTS’s stock is at a discount of -90.8% from its 52-week high price of $1.66 and is indicating a premium of 21.84% 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 0.81 million shares which gives us an average trading volume of 657.50K if we extend that period to 3-months.
CarParts.com Inc (NASDAQ:PRTS) trade information
Upright in the red during last session for losing -12.68%, in the last five days PRTS remained trading in the red while hitting it’s week-highest on Wednesday, 04/02/25 when the stock touched $0.87 price level, adding 17.14% to its value on the day. CarParts.com Inc’s shares saw a change of -19.64% in year-to-date performance and have moved -4.64% in past 5-day. CarParts.com Inc (NASDAQ:PRTS) showed a performance of -27.07% in past 30-days. Number of shares sold short was 0.56 million shares which calculate 0.64 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 3 to the stock, which implies a rise of 71.0% to its current value. Analysts have been projecting 3 as a low price target for the stock while placing it at a high target of 3. It follows that stock’s current price would drop -244.83% in reaching the projected high whereas dropping to the targeted low would mean a loss of -244.83% for stock’s current value.
CarParts.com Inc (PRTS) estimates and forecasts
This year revenue growth is estimated to fall -0.71% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 146.14M for the same. And 2 analysts are in estimates of company making revenue of 150.61M in the next quarter. Company posted 166.29M and 144.27M 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 4.32% during past 5 years.
CarParts.com Inc (NASDAQ:PRTS)’s Major holders
Insiders are in possession of 7.03% of company’s total shares while institution are holding 42.10 percent of that, with stock having share float percentage of 45.29%. Investors also watch the number of corporate investors in a company very closely, which is 42.10% 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 6.5525 of outstanding shares, having a total worth of $3.73 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 1.73 shares of worth $1.5 million or 2.97% of the total outstanding shares. The later fund manager was in possession of 748.94 shares on Dec 31, 2024 , making its stake of worth around $0.65 million in the company or a holder of 1.28% of company’s stock.
