CarParts.com (PRTS) Expected to Announce Earnings on Wednesday

CarParts.com (NASDAQ:PRTS) is projected to issue its quarterly earnings data before the market opens on Wednesday, March 5th. Analysts expect the company to announce earnings of ($0.19) per share and revenue of $141.22 million for the quarter.

CarParts.com Stock Performance

Shares of PRTS opened at $0.98 on Wednesday. The company has a current ratio of 1.62, a quick ratio of 0.57 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $56.51 million, a P/E ratio of -1.82 and a beta of 2.02. The firm’s fifty day simple moving average is $1.11 and its two-hundred day simple moving average is $0.96. CarParts.com has a 12 month low of $0.68 and a 12 month high of $2.68.

Analysts Set New Price Targets

PRTS has been the topic of a number of research analyst reports. Royal Bank of Canada cut their price target on shares of CarParts.com from $0.90 to $0.80 and set a “sector perform” rating on the stock in a research report on Wednesday, October 30th. StockNews.com raised shares of CarParts.com from a “sell” rating to a “hold” rating in a research report on Tuesday, November 12th.

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.