CarParts.com Inc (NASDAQ:PRTS) has a beta value of 1.54 and has seen 0.56 million shares traded in the recent trading session. The company, currently valued at $54.22M, closed the recent trade at $0.93 per share which meant it gained $0.1 on the day or 11.38% during that session. The PRTS stock price is -55.91% off its 52-week high price of $1.45 and 26.88% above the 52-week low of $0.68. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.37 million shares traded. The 3-month trading volume is 613.15K shares.
CarParts.com Inc (NASDAQ:PRTS) trade information
Sporting 11.38% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the PRTS stock price touched $0.93 or saw a rise of 1.68%. Year-to-date, CarParts.com Inc shares have moved -13.89%, while the 5-day performance has seen it change 16.61%. Over the past 30 days, the shares of CarParts.com Inc (NASDAQ:PRTS) have changed -14.68%. Short interest in the company has seen 0.85 million shares shorted with days to cover at 0.84.
Wall Street analysts have a consensus price target for the stock at $3, which means that the shares’ value could jump 69.0% from the levels at last check today.. The projected low price target is $3.0 while the price target rests at a high of $3.0. In that case, then, we find that the latest price level in today’s session is -222.58% off the targeted high while a plunge would see the stock gain -222.58% from the levels at last check today..
CarParts.com Inc (PRTS) estimates and forecasts
The company’s shares have gained 21.70% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -0.71%.
2 analysts offering their estimates for the company have set an average revenue estimate of 146.14M for the current quarter. 2 have an estimated revenue figure of 150.61M for the next ending quarter. Year-ago sales stood 166.29M and 144.27M respectively for this quarter and the next, and analysts expect sales will shrink by -12.11% for the current quarter and -0.71% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 4.32% over the past 5 years.
PRTS Dividends
CarParts.com Inc is expected to release its next earnings report on 2025-Mar-24 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
CarParts.com Inc (NASDAQ:PRTS)’s Major holders
Insiders own 7.21% of the company shares, while shares held by institutions stand at 42.29% with a share float percentage of 45.58%. Investors are also buoyed by the number of investors in a company, with CarParts.com Inc having a total of 85.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 3.93 million shares worth more than $3.93 million. As of 2024-06-30, VANGUARD GROUP INC held 6.9154% of shares outstanding.
The other major institutional holder is OAKTOP CAPITAL MANAGEMENT II, L.P., with the holding of over 3.73 million shares as of 2024-06-30. The firm’s total holdings are worth over $3.73 million and represent 6.5525% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund . As of Dec 31, 2024 , the former fund manager holds about 2.97% shares in the company for having 1.73 shares of worth $1.59 million while later fund manager owns 748.94 shares of worth $0.69 million as of Dec 31, 2024 , which makes it owner of about 1.28% of company’s outstanding stock.
