U.S. Auto Parts Network, Inc. (NASDAQ:PRTS) has been given a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.
Brokers have set a 12 month consensus target price of $3.00 for the company and are forecasting that the company will post ($0.01) earnings per share for the current quarter, according to Zacks. Zacks has also given U.S. Auto Parts Network an industry rank of 119 out of 265 based on the ratings given to related companies.
A number of analysts have weighed in on PRTS shares. Roth Capital set a $5.00 price target on shares of U.S. Auto Parts Network and gave the company a “buy” rating in a report on Tuesday, August 1st. Zacks Investment Research downgraded shares of U.S. Auto Parts Network from a “hold” rating to a “sell” rating in a report on Saturday, August 12th.
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U.S. Auto Parts Network (NASDAQ:PRTS) traded down $0.01 during midday trading on Thursday, hitting $2.54. 101,000 shares of the company traded hands, compared to its average volume of 133,761. The company has a current ratio of 1.29, a quick ratio of 0.25 and a debt-to-equity ratio of 0.20. The company has a market cap of $90.60, a P/E ratio of 51.00 and a beta of 1.38. U.S. Auto Parts Network has a fifty-two week low of $2.25 and a fifty-two week high of $4.13.
U.S. Auto Parts Network (NASDAQ:PRTS) last posted its quarterly earnings data on Monday, October 30th. The specialty retailer reported $0.02 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.01 by $0.01. U.S. Auto Parts Network had a net margin of 8.74% and a return on equity of 7.54%. The business had revenue of $73.81 million during the quarter, compared to the consensus estimate of $75.57 million. During the same period in the prior year, the firm earned $0.01 EPS. U.S. Auto Parts Network’s quarterly revenue was up .5% compared to the same quarter last year. sell-side analysts anticipate that U.S. Auto Parts Network will post 0.71 earnings per share for the current fiscal year.
A number of institutional investors have recently modified their holdings of the business. AlpInvest Partners B.V. bought a new stake in U.S. Auto Parts Network in the 3rd quarter valued at $1,166,000. Dimensional Fund Advisors LP boosted its holdings in U.S. Auto Parts Network by 17.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 849,141 shares of the specialty retailer’s stock valued at $2,454,000 after purchasing an additional 124,511 shares during the period. Citadel Advisors LLC bought a new stake in U.S. Auto Parts Network in the 3rd quarter valued at $116,000. Archon Capital Management LLC boosted its holdings in U.S. Auto Parts Network by 74.9% in the 3rd quarter. Archon Capital Management LLC now owns 1,025,630 shares of the specialty retailer’s stock valued at $2,964,000 after purchasing an additional 439,092 shares during the period. Finally, Macquarie Group Ltd. bought a new position in shares of U.S. Auto Parts Network during the 3rd quarter worth about $319,000. 59.63% of the stock is owned by hedge funds and other institutional investors.
U.S. Auto Parts Network Company Profile
U.S. Auto Parts Network, Inc is an online provider of automotive aftermarket parts and repair information. The Company is an online provider of aftermarket auto parts, including collision parts, engine parts, and performance parts and accessories. The Company operates through two segments: Base USAP, which is an auto parts business, and AutoMD, an online automotive repair source.
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