Carpartscom Stock Performance
PRTS Stock | USD 1.31 0.02 1.50% |
The firm shows a Beta (market volatility) of 2.6, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, CarPartsCom will likely underperform. CarPartsCom has an expected return of -1.11%. Please make sure to confirm CarPartsCom maximum drawdown, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if CarPartsCom performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days CarPartsCom has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Stock's basic indicators remain comparatively stable which may send shares a bit higher in May 2024. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
1 | Exercise or conversion by Kals Subramanian of 24482 shares of CarPartsCom subject to Rule 16b-3 | 02/08/2024 |
2 | Barclays PLC Grows Holdings in CarParts.com, Inc. - AmericanBankingNEWS | 02/27/2024 |
3 | carparts.com posts record annual sales | 03/07/2024 |
4 | CarParts.com Q4 2023 Earnings Call Transcript | 03/08/2024 |
5 | Acquisition by Michael Huffaker of 308 shares of CarPartsCom at 1.62 subject to Rule 16b-3 | 03/22/2024 |
6 | Acquisition by Jay Greyson of 7129 shares of CarPartsCom at 1.62 subject to Rule 16b-3 | 04/01/2024 |
7 | Acquisition by Michael Huffaker of 318 shares of CarPartsCom at 1.57 subject to Rule 16b-3 | 04/05/2024 |
8 | INVESTIGATION NOTICE Kaskela Law LLC Announces Shareholder Investigation of CarParts.com, Inc. and Encourages Investors to Contact the Firm | 04/09/2024 |
9 | CarParts.com Sets First Quarter 2024 Conference Call for Tuesday, May 7, 2024 | 04/16/2024 |
Begin Period Cash Flow | 18.8 M |
CarPartsCom |
CarPartsCom Relative Risk vs. Return Landscape
If you would invest 281.00 in CarPartsCom on January 19, 2024 and sell it today you would lose (150.00) from holding CarPartsCom or give up 53.38% of portfolio value over 90 days. CarPartsCom is currently does not generate positive expected returns and assumes 4.2212% risk (volatility on return distribution) over the 90 days horizon. In different words, 37% of stocks are less volatile than CarPartsCom, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
Risk |
CarPartsCom Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CarPartsCom's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as CarPartsCom, and traders can use it to determine the average amount a CarPartsCom's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.2628
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Estimated Market Risk
4.22 actual daily | 37 63% of assets are more volatile |
Expected Return
-1.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.26 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CarPartsCom is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of CarPartsCom by adding CarPartsCom to a well-diversified portfolio.
CarPartsCom Fundamentals Growth
CarPartsCom Stock prices reflect investors' perceptions of the future prospects and financial health of CarPartsCom, and CarPartsCom fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on CarPartsCom Stock performance.
Return On Equity | -0.0738 | ||||
Return On Asset | -0.0249 | ||||
Profit Margin | (0.01) % | ||||
Operating Margin | (0.04) % | ||||
Current Valuation | 62.45 M | ||||
Shares Outstanding | 56.6 M | ||||
Price To Earning | 1.98 X | ||||
Price To Book | 0.71 X | ||||
Price To Sales | 0.12 X | ||||
Revenue | 675.73 M | ||||
Gross Profit | 230.89 M | ||||
EBITDA | 6.84 M | ||||
Net Income | (8.22 M) | ||||
Cash And Equivalents | 15.22 M | ||||
Cash Per Share | 0.28 X | ||||
Total Debt | 38.13 M | ||||
Debt To Equity | 0.45 % | ||||
Current Ratio | 1.69 X | ||||
Book Value Per Share | 2.10 X | ||||
Cash Flow From Operations | 50 M | ||||
Earnings Per Share | (0.15) X | ||||
Market Capitalization | 75.27 M | ||||
Total Asset | 257.86 M | ||||
Retained Earnings | (188.97 M) | ||||
Working Capital | 80.35 M | ||||
Current Asset | 62.53 M | ||||
Current Liabilities | 48.92 M | ||||
About CarPartsCom Performance
To evaluate CarPartsCom Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when CarPartsCom generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare CarPartsCom Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand CarPartsCom market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents CarPartsCom's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Last Reported | Projected for Next Year | ||
Days Of Inventory On Hand | 103.75 | 67.45 | |
Return On Tangible Assets | (0) | (0) | |
Return On Capital Employed | 0.01 | 0.01 | |
Return On Assets | (0) | (0) | |
Return On Equity | (0.01) | (0.01) |
Things to note about CarPartsCom performance evaluation
Checking the ongoing alerts about CarPartsCom for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for CarPartsCom help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.CarPartsCom generated a negative expected return over the last 90 days | |
CarPartsCom may become a speculative penny stock | |
CarPartsCom has high historical volatility and very poor performance | |
The company reported the previous year's revenue of 675.73 M. Net Loss for the year was (8.22 M) with profit before overhead, payroll, taxes, and interest of 230.89 M. | |
CarPartsCom has a poor financial position based on the latest SEC disclosures | |
Over 76.0% of the company shares are owned by institutional investors | |
Latest headline from finance.yahoo.com: CarParts.com Sets First Quarter 2024 Conference Call for Tuesday, May 7, 2024 |
- Analyzing CarPartsCom's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether CarPartsCom's stock is overvalued or undervalued compared to its peers.
- Examining CarPartsCom's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating CarPartsCom's management team can have a significant impact on its success or failure. Reviewing the track record and experience of CarPartsCom's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of CarPartsCom's stock. These opinions can provide insight into CarPartsCom's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in CarPartsCom. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy CarPartsCom Stock please use our How to Invest in CarPartsCom guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for CarPartsCom Stock analysis
When running CarPartsCom's price analysis, check to measure CarPartsCom's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CarPartsCom is operating at the current time. Most of CarPartsCom's value examination focuses on studying past and present price action to predict the probability of CarPartsCom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CarPartsCom's price. Additionally, you may evaluate how the addition of CarPartsCom to your portfolios can decrease your overall portfolio volatility.
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Is CarPartsCom's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CarPartsCom. If investors know CarPartsCom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CarPartsCom listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.52) | Earnings Share (0.15) | Revenue Per Share 11.945 | Quarterly Revenue Growth 0.012 | Return On Assets (0.02) |
The market value of CarPartsCom is measured differently than its book value, which is the value of CarPartsCom that is recorded on the company's balance sheet. Investors also form their own opinion of CarPartsCom's value that differs from its market value or its book value, called intrinsic value, which is CarPartsCom's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CarPartsCom's market value can be influenced by many factors that don't directly affect CarPartsCom's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CarPartsCom's value and its price as these two are different measures arrived at by different means. Investors typically determine if CarPartsCom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CarPartsCom's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.