Shares of U.S. Auto Parts Network, Inc. (NASDAQ:PRTS) have been given an average broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation.
Zacks has also given U.S. Auto Parts Network an industry rank of 11 out of 255 based on the ratings given to its competitors.
A number of equities research analysts have issued reports on PRTS shares. Zacks Investment Research raised U.S. Auto Parts Network from a “sell” rating to a “hold” rating in a research report on Wednesday, July 4th. Roth Capital lowered U.S. Auto Parts Network from a “buy” rating to a “neutral” rating and reduced their price target for the company from $3.00 to $1.80 in a research report on Thursday, May 10th. Finally, ValuEngine raised U.S. Auto Parts Network from a “sell” rating to a “hold” rating in a research report on Friday, June 8th.
Shares of U.S. Auto Parts Network stock opened at $1.52 on Thursday. U.S. Auto Parts Network has a 12 month low of $1.08 and a 12 month high of $3.14. The stock has a market cap of $51.08 million, a P/E ratio of 73.00 and a beta of 1.18. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.29 and a quick ratio of 0.25.
U.S. Auto Parts Network (NASDAQ:PRTS) last announced its earnings results on Wednesday, August 8th. The specialty retailer reported ($0.02) EPS for the quarter. U.S. Auto Parts Network had a negative net margin of 0.98% and a positive return on equity of 3.19%. The firm had revenue of $76.97 million for the quarter.
A number of hedge funds have recently bought and sold shares of PRTS. Millennium Management LLC raised its position in U.S. Auto Parts Network by 70.7% in the 4th quarter. Millennium Management LLC now owns 81,298 shares of the specialty retailer’s stock valued at $205,000 after purchasing an additional 33,667 shares in the last quarter. Bard Associates Inc. acquired a new stake in U.S. Auto Parts Network in the 2nd quarter valued at about $225,000. B. Riley Financial Inc. acquired a new stake in U.S. Auto Parts Network in the 2nd quarter valued at about $273,000. Wynnefield Capital Inc. raised its position in U.S. Auto Parts Network by 37.0% in the 1st quarter. Wynnefield Capital Inc. now owns 436,583 shares of the specialty retailer’s stock valued at $895,000 after purchasing an additional 117,959 shares in the last quarter. Finally, North Star Investment Management Corp. raised its position in U.S. Auto Parts Network by 3.2% in the 2nd quarter. North Star Investment Management Corp. now owns 1,522,335 shares of the specialty retailer’s stock valued at $2,284,000 after purchasing an additional 47,900 shares in the last quarter. 43.66% of the stock is currently owned by institutional investors.
About U.S. Auto Parts Network
U.S. Auto Parts Network, Inc, together with its subsidiaries, operates as an online provider of aftermarket auto parts and accessories primarily in the United States and the Philippines. It offers collision parts, such as parts for the exterior of an automobile; mirror products; engine parts comprising engine and chassis components, as well as other mechanical and electrical parts; and performance parts and accessories to individual consumers through its network of e-commerce Websites and online marketplaces.
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