CarParts.com, Inc. - $PRTS
about 1 year ago
Stock Pursuit
"PRTS (wait for breakout): E-commerce auto parts retailer at 0.09x P/S, $53M mkt cap vs $54M NTA. Q3 GM up to 35.2%, sales +13% in 2022. Mobile app launch promising. Risks: slowing growth (-13% YoY Q3), unprofitable. Waiting for $1-$1.07 breakout to confirm turnaround. CEO optimistic on FCF improvement."
Sentiment
neutral
Conviction
Medium
Tier
Trade Call
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Episode Information
Episode:
CarParts.com, Inc. - $PRTS
Source:
Stock Pursuit
Published:
November 14, 2024
Idea Type:
Stock Idea