CarParts.com Inc (NASDAQ:PRTS) Has Reached A Distance Of 11.69% From Its Low, So Is It Poised For More Gains?

In last trading session, CarParts.com Inc (NASDAQ:PRTS) saw 1.17 million shares changing hands with its beta currently measuring 1.15. Company’s recent per share price level of $0.77 trading at -$0.02 or -2.63% at ring of the bell on the day assigns it a market valuation of $44.98M. That closing price of PRTS’s stock is at a discount of -88.31% from its 52-week high price of $1.45 and is indicating a premium of 11.69% from its 52-week low price of $0.68.

CarParts.com Inc (NASDAQ:PRTS) trade information

Upright in the red during last session for losing -2.63%, in the last five days PRTS remained trading in the red while hitting it’s week-highest on Tuesday, 05/13/25 when the stock touched $0.77 price level, adding 17.99% to its value on the day. CarParts.com Inc’s shares saw a change of -28.78% in year-to-date performance and have moved -8.72% in past 5-day. CarParts.com Inc (NASDAQ:PRTS) showed a performance of -3.55% in past 30-days.

Wall Street analysts have assigned a consensus price target of 3 to the stock, which implies a rise of 74.33% 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 -289.61% in reaching the projected high whereas dropping to the targeted low would mean a loss of -289.61% for stock’s current value.

CarParts.com Inc (PRTS) estimates and forecasts

This year revenue growth is estimated to fall -0.26% 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 153.46M for the same. And 2 analysts are in estimates of company making revenue of 145.83M in the next quarter. Company posted 144.27M and 144.75M 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

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 6.9154 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 $1.33 million or 2.96% 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 $0.58 million in the company or a holder of 1.28% of company’s stock.

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