In a report released today, Gary Prestopino from Barrington maintained a Buy rating on US Auto Parts Network (PRTS), with a price target of $4.50. The company’s shares closed last Monday at $1.10.
According to TipRanks.com, Prestopino has currently no stars on a ranking scale of 0-5 stars, with an average return of -4.4% and a 38.6% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services Inc, Liquidity Services, and Ritchie Bros.
US Auto Parts Network has an analyst consensus of Moderate Buy, with a price target consensus of $4.50.
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Based on US Auto Parts Network’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $1.46 million. In comparison, last year the company had a GAAP net loss of $485K.
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U.S. Auto Parts Network, Inc. engages in the provision of automotive aftermarket parts. The firm’s flagship websites include www.autopartswarehouse.com, www.carparts.com, www.jcwhitney.com, www.automd.com, and www.usautoparts.net. Its products include Collision Parts, Engine Parts, Performance Parts and Accessories.
