In a report released on February 5, Steven Shemesh from RBC Capital maintained a Buy rating on CarParts.com Inc (PRTS – Research Report), with a price target of $4.00. The company’s shares closed yesterday at $2.65.
Shemesh covers the Consumer Cyclical sector, focusing on stocks such as Advance Auto Parts, Chewy, and Lowe’s. According to TipRanks, Shemesh has an average return of -8.1% and a 45.14% success rate on recommended stocks.
CarParts.com Inc has an analyst consensus of Moderate Buy, with a price target consensus of $4.00, which is a 50.94% upside from current levels. In a report released on January 25, Roth MKM also maintained a Buy rating on the stock with a $4.00 price target.
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PRTS market cap is currently $150.6M and has a P/E ratio of -17.05.
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CarParts.com Inc (PRTS) Company Description:
U.S. Auto Parts Network, Inc. engages in the provision of automotive aftermarket parts. The firm’s flagship websites include www.autopartswarehouse.com, www.carparts.com, www.jcwhitney.com, www.automd.com, and www.usautoparts.net. Its products include Collision Parts, Engine Parts, Performance Parts and Accessories. The company was founded by Sol Khazani and Mehran Nia in 1995 and is headquartered in Carson, CA.
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