CarParts.com Inc (PRTS)’s latest performance is not what we had anticipated

On Tuesday, CarParts.com Inc (NASDAQ: PRTS) opened at On Tuesday, remained unchanged from the last session ,before settling in for the closing price of $1.59. Price fluctuations for PRTS have ranged from $1.55 to $5.30 over the past 52 weeks.

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A company in the Consumer Cyclical sector has jumped its sales by 20.41% annually for the last half of the decade. Company’s average yearly earnings per share was noted -136.67% at the time writing. With a float of $51.75 million, this company’s outstanding shares have now reached $53.71 million.

In an organization with 1695 employees, it is important to assess its efficiency.

CarParts.com Inc (PRTS) Insider Updates

A key investor’s attitude towards the stock of the Internet Retail industry is another important factor to consider. The insider ownership of CarParts.com Inc is 8.57%, while institutional ownership is 75.34%. The most recent insider transaction that took place on Aug 04 ’23, was worth 10,875. In this transaction Chief Operating Officer of this company bought 2,466 shares at a rate of $4.41, taking the stock ownership to the 4,169 shares. Before that another transaction happened on May 15 ’23, when Company’s Chief Financial Officer sold 818 for $4.43, making the entire transaction worth $3,624. This insider now owns 59,917 shares in total.

CarParts.com Inc (PRTS) Performance Highlights and Predictions

If we go through the results of last quarter, which was made public on 12/30/2023, the company posted -$0.11 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -$0.11) by $0. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -136.67% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.00% during the next five years compared to -0.12% drop over the previous five years of trading.

CarParts.com Inc (NASDAQ: PRTS) Trading Performance Indicators

Check out the current performance indicators for CarParts.com Inc (PRTS). In the past quarter, the stock posted a quick ratio of 0.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.13. Likewise, its price to free cash flow for the trailing twelve months is 2.36.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.15, a number that is poised to hit -0.10 in the next quarter and is forecasted to reach -0.25 in one year’s time.

Technical Analysis of CarParts.com Inc (PRTS)

Let’s dig in a bit further. During the last 5-days, its volume was 0.64 million. That was inferior than the volume of 0.68 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 25.64%. Additionally, its Average True Range was 0.09.

During the past 100 days, CarParts.com Inc’s (PRTS) raw stochastic average was set at 1.90%, which indicates a significant decrease from 22.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.74% in the past 14 days, which was lower than the 64.41% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.1996, while its 200-day Moving Average is $3.4063. However, in the short run, CarParts.com Inc’s stock first resistance to watch stands at $1.6433. Second resistance stands at $1.6965. The third major resistance level sits at $1.7332. If the price goes on to break the first support level at $1.5534, it is likely to go to the next support level at $1.5167. Assuming the price breaks the second support level, the third support level stands at $1.4635.

CarParts.com Inc (NASDAQ: PRTS) Key Stats

There are currently 56,597K shares outstanding in the company with a market cap of 89.99 million. Presently, the company’s annual sales total 675,730 K according to its annual income of -8,220 K. Last quarter, the company’s sales amounted to 156,400 K and its income totaled -6,090 K.