CarParts.com Inc (NASDAQ:PRTS)’s traded shares stood at 0.5 million during the last session, with the company’s beta value hitting 1.54. At the close of trading, the stock’s price was $0.82, to imply a decrease of -1.93% or -$0.02 in intraday trading. The PRTS share’s 52-week high remains $1.56, putting it -90.24% down since that peak but still an impressive 17.07% since price per share fell to its 52-week low of $0.68. The company has a valuation of $47.76M, with an average of 0.51 million shares in intraday trading volume over the past 10 days and average of 654.92K shares over the past 3 months.
CarParts.com Inc (NASDAQ:PRTS) trade information
After registering a -1.93% downside in the last session, CarParts.com Inc (PRTS) has traded red over the past five days. The 5-day price performance for the stock is -5.60%, and -16.64% over 30 days. With these gigs, the year-to-date price performance is -24.14%. Short interest in CarParts.com Inc (NASDAQ:PRTS) saw shorts transact 0.56 million shares and set a 0.64 days time to cover.
The extremes give us $3 and $3 for target low and target high price respectively. As such, PRTS has been trading -265.85% off suggested target high and -265.85% from its likely low.
CarParts.com Inc (PRTS) estimates and forecasts
The rating firms project that company’s revenue will shrink -0.71% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is 146.14M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 150.61M.Earnings reports from the last fiscal year show that sales brought in 166.29M and 144.27M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -12.11% before jumping 4.39% in the following quarter.
PRTS Dividends
CarParts.com Inc has its next earnings report out on 2025-Mar-24. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
CarParts.com Inc (NASDAQ:PRTS)’s Major holders
CarParts.com Inc insiders hold 7.08% of total outstanding shares, with institutional holders owning 42.10% of the shares at 45.31% float percentage. In total, 42.10% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 3.93 million shares (or 6.958% of shares), all amounting to roughly $3.93 million.
The next major institution holding the largest number of shares is OAKTOP CAPITAL MANAGEMENT II, L.P. with 3.73 million shares, or about 6.5525% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $3.73 million.
We also have VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the CarParts.com Inc (PRTS) shares. Going by data provided on Dec 31, 2024 , VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund holds roughly 1.73 shares. This is just over 2.97% of the total shares, with a market valuation of $1.42 million. Data from the same date shows that the other fund manager holds a little less at 748.94, or 1.28% of the shares, all valued at about 0.61 million.
