Market Analysts see U.S. Auto Parts Network Inc. [PRTS] gaining to $4. Time to buy?

U.S. Auto Parts Network Inc. [NASDAQ: PRTS] traded at a low on 06/10/20, posting a -5.25 loss after which it closed the day’ session at $8.12. The results of the trading session contributed to over 1059742 shares changing hands. Over the past one week, the price volatility of U.S. Auto Parts Network Inc. stands at 13.26% while the volatility over the past one month is 11.88%.

The market cap for PRTS stock reached $340.39 million, with 36.87 million shares outstanding and 26.65 million shares in the current float. Compared to the average trading volume of 600.15K shares, PRTS reached a trading volume of 1059742 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about U.S. Auto Parts Network Inc. [PRTS]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PRTS shares is $8.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PRTS stock is a recommendation set at 1.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Craig Hallum have made an estimate for U.S. Auto Parts Network Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 08, 2020. While these analysts kept the previous recommendation, Barrington Research raised their target price to Outperform. The new note on the price target was released on September 13, 2018, representing the official price target for U.S. Auto Parts Network Inc. stock. Previously, the target price had yet another raise to $4.50, while ROTH Capital analysts kept a Buy rating on PRTS stock.

The Average True Range (ATR) for U.S. Auto Parts Network Inc. is set at 0.80, with the Price to Sales ratio for PRTS stock in the period of the last 12 months amounting to 1.16. The Price to Book ratio for the last quarter was 19.80. Price to Free Cash Flow for PRTS in the course of the last twelve months was 35.09 with Quick ratio for the last quarter at 0.30.

How has PRTS stock performed recently?

U.S. Auto Parts Network Inc. [PRTS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.64. With this latest performance, PRTS shares gained by 64.04% in over the last four-week period, additionally plugging by 272.48% over the last 6 months – not to mention a rise of 618.58% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PRTS stock in for the last two-week period is set at 67.26, with the RSI for the last a single of trading hit 62.93, and the three-weeks RSI is set at 68.43 for U.S. Auto Parts Network Inc. [PRTS]. The present Moving Average for the last 50 days of trading for this stock 4.31, while it was recorded at 8.31 for the last single week of trading, and 2.63 for the last 200 days.

U.S. Auto Parts Network Inc. [PRTS]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and U.S. Auto Parts Network Inc. [PRTS] shares currently have an operating margin of -2.94 and a Gross Margin at +27.75. U.S. Auto Parts Network Inc.’s Net Margin is presently recorded at -11.24.

Return on Total Capital for PRTS is now -16.39, given the latest momentum, and Return on Invested Capital for the company is -86.59. Return on Equity for this stock declined to -123.23, with Return on Assets sitting at -33.93. When it comes to the capital structure of this company, U.S. Auto Parts Network Inc. [PRTS] has a Total Debt to Total Equity ratio set at 233.07. Additionally, PRTS Total Debt to Total Capital is recorded at 69.98, with Total Debt to Total Assets ending up at 32.81. Long-Term Debt to Equity for the company is recorded at 105.89, with the Long-Term Debt to Total Capital now at 31.78.

Reflecting on the efficiency of the workforce at the company, U.S. Auto Parts Network Inc. [PRTS] managed to generate an average of -$37,423 per employee. Receivables Turnover for the company is 87.76 with a Total Asset Turnover recorded at a value of 3.02.U.S. Auto Parts Network Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.30 and a Current Ratio set at 1.10.

Earnings analysis for U.S. Auto Parts Network Inc. [PRTS]

With the latest financial reports released by the company, U.S. Auto Parts Network Inc. posted -0.04/share EPS, while the average EPS was predicted by analysts to be reported at -0.04/share. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PRTS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for U.S. Auto Parts Network Inc. go to 15.00%.

Insider trade positions for U.S. Auto Parts Network Inc. [PRTS]

There are presently around $96 million, or 43.00% of PRTS stock, in the hands of institutional investors. The top three institutional holders of PRTS stocks are: NORTH STAR INVESTMENT MANAGEMENT CORP. with ownership of 3,145,842, which is approximately 25.042% of the company’s market cap and around 3.70% of the total institutional ownership; CANNELL CAPITAL LLC, holding 1,712,230 shares of the stock with an approximate value of $14.67 million in PRTS stocks shares; and RENAISSANCE TECHNOLOGIES LLC, currently with $14.5 million in PRTS stock with ownership of nearly 7.644% of the company’s market capitalization.

21 institutional holders increased their position in U.S. Auto Parts Network Inc. [NASDAQ:PRTS] by around 1,965,744 shares. Additionally, 15 investors decreased positions by around 470,010 shares, while 7 investors held positions by with 8,806,257 shares. The mentioned changes placed institutional holdings at 11,242,011 shares, according to the latest SEC report filing. PRTS stock had 8 new institutional investments in for a total of 238,023 shares, while 10 institutional investors sold positions of 183,695 shares during the same period.

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