U.S. Auto Parts Network Inc. (PRTS) Stock Price Down 15.4%
U.S. Auto Parts Network Inc. (NASDAQ:PRTS)’s share price dropped 15.4% during mid-day trading on Monday . The stock traded as low as $3.50 and last traded at $3.63, with a volume of 478,368 shares trading hands. The stock had previously closed at $4.29.
Separately, Zacks Investment Research upgraded U.S. Auto Parts Network from a “hold” rating to a “buy” rating and set a $3.50 price objective for the company in a research report on Wednesday, April 27th.
The firm has a market capitalization of $128.74 million and a price-to-earnings ratio of 92.25. The stock’s 50-day moving average is $4.08 and its 200 day moving average is $3.42.
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 consensus estimate of $0.01 by $0.02. The business earned $78.10 million during the quarter, compared to analyst estimates of $79.30 million. The firm’s revenue was up 2.1% compared to the same quarter last year. Equities research analysts anticipate that U.S. Auto Parts Network Inc. will post $0.07 earnings per share 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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