Analysts’ expectations for CarParts.com Inc (PRTS) stock: $3 price target in 12 months

At the time of writing, CarParts.com Inc [PRTS] stock is trading at $1.04, up 4.67%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PRTS shares have gain 4.00% over the last week, with a monthly amount glided 18.02%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

CarParts.com Inc [NASDAQ: PRTS] stock has seen the most recent analyst activity on March 06, 2025, when Craig Hallum upgraded its rating to a Buy but kept the price target unchanged to $3 for it. Previously, Lake Street started tracking the stock with Buy rating on March 04, 2022, and set its price target to $18. DA Davidson started tracking the stock assigning a Buy rating and suggested a price target of $19 on September 01, 2020. Craig Hallum initiated its recommendation with a Buy and recommended $4 as its price target on January 08, 2020. Barrington Research started tracking with a Outperform rating for this stock on September 13, 2018, and assigned it a price target of $5.

For the past year, the stock price of CarParts.com Inc fluctuated between $0.68 and $1.66. Currently, Wall Street analysts expect the stock to reach $3 within the next 12 months. CarParts.com Inc [NASDAQ: PRTS] shares were valued at $1.04 at the most recent close of the market. An investor can expect a potential return of 188.46% based on the average PRTS price forecast.

Analyzing the PRTS fundamentals

According to CarParts.com Inc [NASDAQ:PRTS], the company’s sales were 588.85M for trailing twelve months, which represents an -14.62% plunge. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at -0.07%, Pretax Profit Margin comes in at -0.07%, and Net Profit Margin reading is -0.07%. To continue investigating profitability, this company’s Return on Assets is posted at -0.19, Equity is -0.41 and Total Capital is -0.34. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.49.

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 0.9967 points at the first support level, and at 0.9533 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.0667, and for the 2nd resistance point, it is at 1.0933.

Ratios To Look Out For

It is important to note that CarParts.com Inc [NASDAQ:PRTS] has a current ratio of 1.54. As well, the Quick Ratio is 0.54, while the Cash Ratio is 0.4. Considering the valuation of this stock, the price to sales ratio is 0.10, the price to book ratio is 0.66.

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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