Royal Bank Of Canada Lowers CarParts.com (NASDAQ:PRTS) Price Target to $0.50

CarParts.com (NASDAQ:PRTS) had its price objective lowered by equities research analysts at Royal Bank Of Canada from $0.60 to $0.50 in a report issued on Friday,Benzinga reports. The brokerage presently has a “sector perform” rating on the specialty retailer’s stock. Royal Bank Of Canada’s target price points to a potential downside of 31.16% from the company’s current price.

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

CarParts.com Stock Down 5.8%

Shares of NASDAQ PRTS traded down $0.04 during midday trading on Friday, reaching $0.73. 378,625 shares of the company’s stock 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 stock’s 50 day simple moving average is $0.58 and its 200-day simple moving average is $0.62. CarParts.com has a one year low of $0.37 and a one year high of $1.36. The company has a market cap of $50.67 million, a price-to-earnings ratio of -0.76 and a beta of 0.84.

CarParts.com (NASDAQ:PRTS) last issued its quarterly earnings data 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 the consensus estimate of $118.91 million. CarParts.com had a negative net margin of 9.69% and a negative return on equity of 76.33%.

Institutional Trading of CarParts.com

Several hedge funds and other institutional investors have recently made changes to their positions in PRTS. Mackenzie Financial Corp boosted its position in shares of CarParts.com by 18.5% in the 4th quarter. Mackenzie Financial Corp now owns 1,779,674 shares of the specialty retailer’s stock worth $880,000 after purchasing an additional 277,807 shares in the last quarter. State Street Corp raised its stake in CarParts.com by 13.2% in the fourth quarter. State Street Corp now owns 237,938 shares of the specialty retailer’s stock valued at $119,000 after buying an additional 27,800 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in CarParts.com by 2.7% in the fourth quarter. Renaissance Technologies LLC now owns 1,352,700 shares of the specialty retailer’s stock worth $676,000 after acquiring an additional 35,900 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of CarParts.com by 14.9% during the fourth quarter. Geode Capital Management LLC now owns 649,984 shares of the specialty retailer’s stock worth $325,000 after acquiring an additional 84,064 shares during the last quarter. Finally, Cullen Frost Bankers Inc. acquired a new position in shares of CarParts.com during the fourth quarter valued at about $25,000. Hedge funds and other institutional investors own 75.30% of the company’s stock.

More CarParts.com News

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.