CarParts.com Inc (PRTS) stock forecast: Can it reach its 52-week high of $1.45

A share price of CarParts.com Inc [PRTS] is currently trading at $0.99, up 6.02%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PRTS shares have gain 22.45% over the last week, with a monthly amount drifted -1.39%, and not 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.

CarParts.com Inc experienced fluctuations in its stock price throughout the past year between $0.68 and $1.45. Currently, Wall Street analysts expect the stock to reach $3 within the next 12 months. CarParts.com Inc [NASDAQ: PRTS] shares were valued at $0.99 at the most recent close of the market. An investor can expect a potential return of 203.03% based on the average PRTS price forecast.

Analyzing the PRTS fundamentals

Trailing Twelve Months sales for CarParts.com Inc [NASDAQ:PRTS] were 588.85M which represents -14.62% decline. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.49.

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 0.9301 points at the first support level, and at 0.8740 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.0311, and for the 2nd resistance point, it is at 1.0760.

Ratios To Look Out For

To put it in perspective, the Current Ratio for CarParts.com Inc [NASDAQ:PRTS] is 1.54. In addition, the Quick Ratio stands at 0.54 and the Cash Ratio stands at 0.4. Considering the valuation of this stock, the price to sales ratio is 0.10, 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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