U.S. Auto Parts Network Inc. (PRTS) Shares Gap Up to $4.19
Shares of U.S. Auto Parts Network Inc. (NASDAQ:PRTS) gapped up before the market opened on Friday . The stock had previously closed at $4.18, but opened at $4.19. U.S. Auto Parts Network shares last traded at $4.28, with a volume of 64,529 shares changing hands.
Separately, Zacks Investment Research raised U.S. Auto Parts Network from a “hold” rating to a “buy” rating and set a $3.50 price target for the company in a report on Wednesday, April 27th.
The stock’s 50 day moving average is $4.08 and its 200-day moving average is $3.42. The company has a market capitalization of $149.67 million and a price-to-earnings ratio of 107.25.
U.S. Auto Parts Network (NASDAQ:PRTS) last released its quarterly earnings data on Monday, August 8th. The company reported $0.03 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.01 by $0.02. The company had revenue of $78.10 million for the quarter, compared to analysts’ expectations of $79.30 million. The company’s quarterly revenue was up 2.1% on a year-over-year basis. On average, equities research analysts expect that U.S. Auto Parts Network Inc. will post $0.07 EPS for the current fiscal year.
U.S. Auto Parts Network, Inc is an online source for 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. Its Websites provide a range of stock keeping units (SKUs) with detailed product descriptions and photographs.
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