CarParts.Com, Inc. (PRTS, Financial) witnessed a significant stock price increase of 5.02%. The stock is now priced at $0.872 per share, with a trading volume of 304,064 shares, reflecting a turnover rate of 0.57% and a price fluctuation of 7.16%.
According to the most recent financial report, CarParts.Com achieved a revenue of $145 million but reported a net loss of $10.02 million, translating to an earnings per share (EPS) of -$0.17. The company's gross profit stands at $46.01 million, with a price-to-earnings (P/E) ratio of -1.58. Concerning analyst ratings, 33% of the three firms covering the stock suggest a buy rating, while 67% recommend holding, with no sell ratings.
The automotive parts industry, where CarParts.Com operates, experienced an overall growth of 0.82%. Within the sector, stocks like Motorcar Parts Of America, Dorman Products, and CarParts.Com itself showed significant gains. Meanwhile, companies such as Hyzon Motors and Luminar Technologies exhibited notable trading activity, with turnover rates at 3.88% and 3.65% respectively. Stocks like Innoviz Technologies, Noco-Noco, and Sag Holdings displayed high volatility, with percentage price swings of 31.04%, 9.38%, and 8.96% respectively.
CarParts.Com specializes in providing online automotive aftermarket parts and repair information. It delivers a seamless online shopping experience and serves as a comprehensive resource for vehicle maintenance and repair. The company sells its products primarily through its website and online marketplace, offering a range of collision parts, engine parts, and performance accessories for body repair and replacement markets.
