StockNews.com downgraded CarParts.com (NASDAQ: PRTS) from "Hold" to "Sell" following Q2 EPS miss.
StockNews.com downgraded CarParts.com (NASDAQ: PRTS) from "Hold" to "Sell", following similar moves by Royal Bank of Canada, Lake Street Capital, and Craig Hallum. The company currently has a consensus rating of "Hold" and an average price target of $2.33. CarParts.com reported a Q2 EPS miss, with a negative net margin of 3.75% and a negative return on equity of 21.00%. Insiders own 5.60% of the stock, while institutional investors hold 75.30%.
August 02, 2024
3 Articles