E-commerce Challenges | CarParts.com faces headwinds in the competitive online auto parts market, with recent sales misses and lowered growth estimates for fiscal years 2024 and 2025 |
Margin Maneuvers | Explore how CarParts.com's focus on improving gross margins could lead to enhanced profitability and operational flexibility in the long term |
Market Positioning | Delve into CarParts.com's strategic advantages as an online-only retailer in the growing e-commerce automotive parts secto |
Future Prospects | With a $1.30 price target from RBC Capital Markets, learn about potential catalysts for sales acceleration and the impact of an aging vehicle fleet on demand |
Metrics to compare | PRTS | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipPRTSPeersSector | |
|---|---|---|---|---|
P/E Ratio | −1.8x | −4.3x | 10.3x | |
PEG Ratio | −0.03 | −4.09 | 0.02 | |
Price/Book | 0.9x | −25.4x | 1.4x | |
Price / LTM Sales | 0.1x | 1.3x | 0.9x | |
Upside (Analyst Target) | 65.9% | 131.1% | 26.3% | |
Fair Value Upside | Unlock | 0.0% | 12.0% | Unlock |
CarParts.com, Inc., together with its subsidiaries, operates as an online retailer of aftermarket auto parts and accessories in the United States and the Philippines. The company offers replacement parts, such as body panels, lighting components, cooling parts, and mirrors; hard parts comprising engine, chassis, drivetrain, suspension, braking, electrical, and other mechanical components necessary for vehicle operation; and other parts and accessories, such as suspension kits, towing equipment, lift kits, and other products under the Carparts.com, Kool-Vue, JC Whitney, Evan Fischer, SureStop, TrueDrive, DriveWire, and DriveMotive brands. It distributes its products through multiple channels, such as direct-to-consumer e-commerce platforms, online marketplaces, specialty retailers, wholesale distributors, and traditional brick-and-mortar stores. 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 Long Beach, California.