Published On: Fri, Sep 9th, 2016

U.S. Auto Parts Network Inc. (PRTS) Trading Up 2.9%

U.S. Auto Parts Network Inc. (NASDAQ:PRTS)’s share price was up 2.9% during mid-day trading on Friday . The company traded as high as $3.60 and last traded at $3.50, with a volume of 120,776 shares traded. The stock had previously closed at $3.40.
Separately, Zacks Investment Research cut U.S. Auto Parts Network from a “buy” rating to a “hold” rating in a report on Friday, July 29th.
The company has a market capitalization of $120.50 million, a price-to-earnings ratio of 86.350 and a beta of 1.26. The stock has a 50-day moving average price of $3.87 and a 200 day moving average price of $3.50.

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U.S. Auto Parts Network (NASDAQ:PRTS) last released its earnings results on Monday, August 8th. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.02. The business had revenue of $78.10 million for the quarter, compared to the consensus estimate of $79.30 million. U.S. Auto Parts Network had a return on equity of 7.50% and a net margin of 0.58%. The company’s quarterly revenue was up 2.1% on a year-over-year basis. Equities analysts predict that U.S. Auto Parts Network Inc. will post $0.07 earnings per share for the current year.
About U.S. Auto Parts Network
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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