CarParts.com (PRTS) Set to Announce Quarterly Earnings on Tuesday

CarParts.com (NASDAQ:PRTS) will be announcing its earnings results after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of ($0.10) per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

CarParts.com (NASDAQ:PRTS) last posted its quarterly earnings results on Thursday, March 7th. The specialty retailer reported ($0.11) EPS for the quarter, missing the consensus estimate of ($0.10) by ($0.01). CarParts.com had a negative net margin of 1.22% and a negative return on equity of 7.06%. The firm had revenue of $156.40 million during the quarter, compared to analyst estimates of $150.60 million. During the same period last year, the company earned ($0.11) EPS.

CarParts.com Stock Performance

Shares of NASDAQ:PRTS opened at $1.28 on Friday. The stock has a market capitalization of $72.51 million, a price-to-earnings ratio of -9.14 and a beta of 2.05. The business’s fifty day moving average price is $1.69 and its two-hundred day moving average price is $2.59. CarParts.com has a fifty-two week low of $1.19 and a fifty-two week high of $5.16. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.71 and a quick ratio of 0.57.

Analysts Set New Price Targets

Separately, StockNews.com lowered CarParts.com from a “buy” rating to a “hold” rating in a research note on Thursday, March 7th.

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.