CarParts.com (PRTS) Scheduled to Post Earnings on Tuesday

CarParts.com (NASDAQ:PRTS) is set to post its quarterly earnings results after the market closes on Tuesday, July 30th. Individual interested in participating in the company’s earnings conference call can do so using this link.

CarParts.com (NASDAQ:PRTS) last announced its earnings results on Tuesday, May 7th. The specialty retailer reported ($0.11) earnings per share for the quarter. The company had revenue of $166.29 million during the quarter. CarParts.com had a negative return on equity of 13.75% and a negative net margin of 2.36%.

CarParts.com Price Performance

Shares of NASDAQ PRTS opened at $1.25 on Monday. The firm has a market cap of $70.88 million, a PE ratio of -4.63 and a beta of 2.01. The company has a current ratio of 1.63, a quick ratio of 0.56 and a debt-to-equity ratio of 0.10. CarParts.com has a 1-year low of $0.96 and a 1-year high of $5.10. The company has a fifty day moving average price of $1.11 and a 200 day moving average price of $1.69.

Analyst Upgrades and Downgrades

Separately, Craig Hallum reaffirmed a “hold” rating and issued a $2.00 target price (down from $4.00) on shares of CarParts.com in a research note on Wednesday, May 8th.

Insiders Place Their Bets

In other CarParts.com news, Director Jay Keith Greyson purchased 41,658 shares of the business’s stock in a transaction on Friday, May 10th. The shares were purchased at an average cost of $1.04 per share, with a total value of $43,324.32. Following the transaction, the director now directly owns 282,107 shares of the company’s stock, valued at approximately $293,391.28. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, Director Jim Barnes bought 94,000 shares of the company’s stock in a transaction dated Tuesday, June 11th. The shares were bought at an average cost of $1.10 per share, with a total value of $103,400.00. Following the acquisition, the director now owns 252,097 shares in the company, valued at $277,306.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jay Keith Greyson bought 41,658 shares of the company’s stock in a transaction dated Friday, May 10th. The stock was purchased at an average cost of $1.04 per share, for a total transaction of $43,324.32. Following the completion of the acquisition, the director now owns 282,107 shares in the company, valued at approximately $293,391.28. The disclosure for this purchase can be found here. Insiders own 5.60% of the company’s stock.

CarParts.com Company Profile

CarParts.com, Inc, together with its subsidiaries, operates as an online provider of aftermarket auto parts and accessories in the United States and the Philippines. It offers replacement parts, such as parts for the exterior of an automobile; mirror products; engine and chassis components, as well as other mechanical and electrical parts; and performance parts and accessories.