CarParts.com (PRTS)

• Market cap: $67M
• 1 day: -4.58%
• 5 days: -0.79%
• 1 month: 32.98%
• 3 months: 61.12%
• 6 months: 10.62%
• Year to date: 22.55%
• 1 year: -57.48%
• 5 years: -55.04%
• 10 years: -43.44%
• Sector: Consumer Discretionary
• Industry: Auto & Home Supply Stores

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 Q3 regulatory filings by fund managers ($100M+ AUM)

219% more call options, than puts

Call options by funds: $118K | Put options by funds: $37K

15.93% less ownership

Funds ownership: 56.28% [Q2] → 40.35% (-15.93%) [Q3]

30% less funds holding

Funds holding: 88 [Q2] → 62 (-26) [Q3]

34% less capital invested

Capital invested by funds: $31.9M [Q2] → $21M (-$11M) [Q3]

43% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 30

83% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 30

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $0.80 36% downside
• Avg. target: $0.80 36% downside
• High target: $0.80 36% downside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

RBC Capital Steven Shemesh 67% 1-year accuracy 35 / 52 met price target

36% downside $0.80

Sector Perform Maintained

30 Oct 2024