Head to Head Survey: CarParts.com (PRTS) and The Competition

CarParts.com (NASDAQ:PRTS) is one of 71 publicly-traded companies in the “AUTO/TRUCK – ORIG” industry, but how does it weigh in compared to its competitors? We will compare CarParts.com to similar businesses based on the strength of its analyst recommendations, institutional ownership, valuation, dividends, earnings, profitability and risk.

Volatility and Risk

CarParts.com has a beta of 1.11, suggesting that its share price is 11% more volatile than the S&P 500. Comparatively, CarParts.com’s competitors have a beta of 3.11, suggesting that their average share price is 211% more volatile than the S&P 500.

Earnings & Valuation

This table compares CarParts.com and its competitors revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
CarParts.com	$588.85 million	-$40.60 million	-0.91
CarParts.com Competitors	$6.68 billion	$183.38 million	10.41

CarParts.com’s competitors have higher revenue and earnings than CarParts.com. CarParts.com is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares CarParts.com and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
CarParts.com	-8.67%	-55.04%	-22.14%
CarParts.com Competitors	-1,305.32%	-136.76%	-5.83%

Analyst Recommendations

This is a summary of current ratings and target prices for CarParts.com and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
CarParts.com	0	1	2	0	2.67
CarParts.com Competitors	557	3142	4423	196	2.51

CarParts.com currently has a consensus target price of $1.93, suggesting a potential upside of 147.86%. As a group, “AUTO/TRUCK – ORIG” companies have a potential upside of 11.53%. Given CarParts.com’s stronger consensus rating and higher probable upside, equities analysts plainly believe CarParts.com is more favorable than its competitors.

Institutional and Insider Ownership

75.3% of CarParts.com shares are held by institutional investors. Comparatively, 65.0% of shares of all “AUTO/TRUCK – ORIG” companies are held by institutional investors. 9.7% of CarParts.com shares are held by company insiders. Comparatively, 8.1% of shares of all “AUTO/TRUCK – ORIG” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Summary

CarParts.com beats its competitors on 7 of the 13 factors compared.

About CarParts.com

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. The company sells its products to individual customers through its flagship website www.carparts.com and app; online marketplaces, including third-party auction sites and shopping portals; and auto parts wholesale distributors. The company was formerly known as U.S. Auto Parts Network, Inc. and changed its name to CarParts.com, Inc. in July 2020. CarParts.com, Inc. was incorporated in 1995 and is headquartered in Torrance, California.