CarParts.comPRTS
Market Cap: $47.9M
About: CarParts.com Inc is an online provider of automotive aftermarket parts and repair information. It serves as an end-to-end solution for automotive repair and maintenance resources, offering a seamless online shopping experience that empowers drivers along every part of their journey. The company principally sells its products to individual consumers through its network of websites and online marketplaces. The company's products consist of collision parts serving the body repair market, engine parts to serve the replacement parts market, and performance parts and accessories.
Employees: 1,695
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
129% more call options, than puts
Call options by funds: $16K | Put options by funds: $7K
9% less funds holding
Funds holding: 96 [Q1] → 87 (-9) [Q2]
19.05% less ownership
Funds ownership: 74.95% [Q1] → 55.9% (-19.05%) [Q2]
20% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 30
27% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 33
54% less capital invested
Capital invested by funds: $68.9M [Q1] → $31.7M (-$37.2M) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Lake Street Ryan Meyers 29% 1-year accuracy 2 / 7 met price target | 139%upside $2 | Buy Maintained | 31 Jul 2024 |
RBC Capital Steven Shemesh 61% 1-year accuracy 27 / 44 met price target | 56%upside $1.30 | Sector Perform Downgraded | 31 Jul 2024 |