Could this be the case of a blown-up long-term opportunity? CarParts.com Inc (PRTS)

CarParts.com Inc [PRTS] stock prices are up 0.90% to $1.12 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The PRTS shares have gain 10.89% over the last week, with a monthly amount glided 63.72%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

CarParts.com Inc [NASDAQ: PRTS] stock has seen the most recent analyst activity on March 04, 2022, when Lake Street initiated its Buy rating and assigned the stock a price target of $18. On September 01, 2020, DA Davidson initiated with a Buy rating and assigned a price target of $19 on the stock. Craig Hallum started tracking the stock assigning a Buy rating and suggested a price target of $4 on January 08, 2020. Barrington Research initiated its recommendation with a Outperform and recommended $5 as its price target on September 13, 2018. In a note dated August 22, 2012, Barrington Research downgraded an Underperform rating on this stock.

The stock price of CarParts.com Inc [PRTS] has been fluctuating between $0.68 and $3.65 over the past year. CarParts.com Inc [NASDAQ: PRTS] shares were valued at $1.12 at the most recent close of the market.

Analyzing the PRTS fundamentals

The CarParts.com Inc [NASDAQ:PRTS] reported sales of 611.71M for trailing twelve months, representing a drop of -13.25%. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at -0.05%, Pretax Profit Margin comes in at -0.05%, and Net Profit Margin reading is -0.05%. To continue investigating profitability, this company’s Return on Assets is posted at -0.14, Equity is -0.3 and Total Capital is -0.24.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.0697 points at the first support level, and at 1.0193 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.1752, and for the 2nd resistance point, it is at 1.2303.

Ratios To Look Out For

It’s worth pointing out that CarParts.com Inc [NASDAQ:PRTS]’s Current Ratio is 1.62. On the other hand, the Quick Ratio is 0.57, and the Cash Ratio is 0.41. Considering the valuation of this stock, the price to sales ratio is 0.11, the price to book ratio is 0.62.

Transactions by insiders

Recent insider trading involved BARNES JIM, Director, that happened on Jun 11 ’24 when 94000.0 shares were purchased. Director, GREYSON JAY KEITH completed a deal on May 10 ’24 to buy 41658.0 shares.

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