CarParts.com (NASDAQ:PRTS) Given New $0.50 Price Target at Royal Bank Of Canada

CarParts.com (NASDAQ:PRTS) had its price target reduced by equities researchers at Royal Bank Of Canada from $0.60 to $0.50 in a research report issued on Friday,Benzinga reports. The firm currently has a “sector perform” rating on the specialty retailer’s stock. Royal Bank Of Canada’s price objective would suggest a potential downside of 31.16% from the company’s previous close.

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of CarParts.com in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, CarParts.com currently has an average rating of “Reduce” and a consensus price target of $0.50.

CarParts.com Stock Performance

Shares of PRTS traded down $0.04 during trading hours on Friday, reaching $0.73. 378,625 shares of the company traded hands, compared to its average volume of 888,736. The company has a quick ratio of 0.59, a current ratio of 1.71 and a debt-to-equity ratio of 0.49. The business has a fifty day moving average price of $0.58 and a 200-day moving average price of $0.62. CarParts.com has a 12-month low of $0.37 and a 12-month high of $1.36. The stock has a market capitalization of $50.67 million, a P/E ratio of -0.76 and a beta of 0.84.

CarParts.com (NASDAQ:PRTS) last issued its quarterly earnings results on Thursday, March 5th. The specialty retailer reported ($0.18) EPS for the quarter, topping analysts’ consensus estimates of ($0.24) by $0.06. The company had revenue of $120.43 million during the quarter, compared to analysts’ expectations of $118.91 million. CarParts.com had a negative return on equity of 76.33% and a negative net margin of 9.69%.

Institutional Trading of CarParts.com

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. North Star Investment Management Corp. lifted its holdings in CarParts.com by 183.3% in the third quarter. North Star Investment Management Corp. now owns 1,387,853 shares of the specialty retailer’s stock valued at $987,000 after acquiring an additional 897,913 shares during the period. Boston Partners lifted its stake in shares of CarParts.com by 195.6% in the 2nd quarter. Boston Partners now owns 439,223 shares of the specialty retailer’s stock valued at $325,000 after purchasing an additional 290,616 shares during the period. Mackenzie Financial Corp boosted its holdings in CarParts.com by 18.5% during the fourth quarter. Mackenzie Financial Corp now owns 1,779,674 shares of the specialty retailer’s stock worth $880,000 after buying an additional 277,807 shares in the last quarter. Argentarii LLC grew its position in CarParts.com by 200.0% during the fourth quarter. Argentarii LLC now owns 150,000 shares of the specialty retailer’s stock valued at $75,000 after buying an additional 100,000 shares during the period. Finally, Citadel Advisors LLC increased its holdings in CarParts.com by 171.5% in the third quarter. Citadel Advisors LLC now owns 148,771 shares of the specialty retailer’s stock valued at $106,000 after buying an additional 93,971 shares in the last quarter. 75.30% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting CarParts.com

Here are the key news stories impacting CarParts.com this week:

• Positive Sentiment: Q4 results showed a narrower-than-feared loss and an earnings-per-share beat versus Street expectations (reported ($0.18) vs. consensus ($0.24)), which supports near-term sentiment improvement. CarParts.com Reports Fourth Quarter and Fiscal Year 2025 Results
• Positive Sentiment: Management highlighted an A?Premium partnership targeting a roughly $50M revenue run?rate and said it is advancing a cost?structure reset — initiatives that could materially boost revenue scale and margins if execution continues. CarParts.com targets $50M revenue run rate in A-Premium partnership while advancing cost structure reset
• Positive Sentiment: Management prepared remarks from the earnings call provide detail on execution priorities (partnerships, fulfillment improvements, and cost reductions) that could drive rehabbing of unit economics. Q4 2025 Earnings Call Prepared Remarks Transcript
• Neutral Sentiment: Revenue reporting was mixed across outlets — some coverage labeled revenue a miss while company/consensus comparisons show a slight beat; investors will watch next?quarter top?line trajectory for confirmation. CarParts.com posts narrower than feared Q4 loss, but misses on revenue
• Neutral Sentiment: Reported short?interest data in recent feeds shows anomalous “0 shares / NaN” entries and a 0.0 days-to-cover figure — appears to be a data glitch and isn’t a reliable read on market positioning today.
• Negative Sentiment: Fundamentals remain concerning: negative net margin (~?9.7%), negative return on equity (~?76%), continued net losses, a quick ratio of ~0.59 and small market cap (~$54M) — all increase risk if revenue or margin improvements slip. CarParts.com earnings summary

CarParts.com Company Profile

CarParts.com, Inc operates as a leading online retailer of aftermarket automotive parts and accessories in the United States. Through its flagship website CarParts.com and affiliated e-commerce platforms, the company offers replacement components, performance upgrades, maintenance items and collision repair parts for a wide range of domestic and import vehicles. Its product catalog includes engine parts, exterior and interior accessories, lighting, braking systems and powertrain components, supported by an extensive inventory and proprietary order management system.

Founded in 1995 by George Chamoun and headquartered in Torrance, California, CarParts.com has grown from a regional auto parts supplier into a national e-commerce platform.