These Analysts Cut Their Forecasts On CarParts.com Following Q2 Loss
These Analysts Cut Their Forecasts On CarParts.com Following Q2 Loss
CarParts.com shares fell 13.8% to trade at $1.0350 on Wednesday.CarParts.com, Inc. (NASDAQ:PRTS) reported a loss for the second quarter on Tuesday.
CarParts.com, Inc.(納斯達克:PRTS)週二公佈第二季度虧損。
CarParts.com (NASDAQ:PRTS) reported a quarterly loss of 15 cents per share, compared to market expectations for a loss of 10 cents per share. The company reported quarterly sales of $144.270 million which missed the analyst consensus estimate of $155.717 million.
CarParts.com (納斯達克:PRTS)季度虧損15美分/股，預測市場爲每股虧損10美分。該公司季度銷售額爲1.4427億美元，低於分析師預測的1.5571.7億美元。
"Last quarter we discussed our emphasis on financial discipline and profitability by focusing on driving gross and net margins, accelerating efficiency and effectiveness to quickly deliver improved profitability; and achieving sustainable growth with strong long-term free cash flow...In the second quarter, we made significant progress on gross margin and efficiencies, which reinforces our confidence that we're on the right track. We are confident in our roadmap and our opportunity as a leading online retailer in a highly fragmented $400 billion automotive aftermarket market," said David Meniane, CEO.
“上個季度，我們談到了我們在財務紀律和盈利能力方面的重點，即通過專注於推動毛利率和淨利潤率、加快效率和效益、迅速實現改善盈利能力和實現長期強勁的自由現金流可持續增長……在第二季度，我們在毛利率和效率方面取得了重大進展，這證明了我們正朝着正確的方向前進。我們對我們的路線圖和我們作爲一個在高度分散的4000億美元汽車售後市場領先的在線零售商的機會充滿信心，”首席執行官大衛·梅尼安（David Meniane）說。
CarParts.com shares fell 13.8% to trade at $1.0350 on Wednesday.
週三，CarParts.com股價下跌13.8％，報1.0350美元/股。
These analysts made changes to their price targets on Benchmark following earnings announcement.
這些分析師在季報發佈後對Benchmark的目標股價進行了調整。
- RBC Capital analyst Steven Shemesh downgraded CarParts.com from Outperform to Sector Perform and lowered the price target from $2 to $1.3.
- Lake Street analyst Ryan Meyers maintained CarParts.com with a Buy and lowered the price target from $3 to $2.
- RBC Capital分析師史蒂文·謝梅什（Steven Shemesh）將CarParts.com的評級從強於業績調整爲板塊業績，並將目標股價從2美元降至1.3美元。
- Lake Street分析師Ryan Meyers將CarParts.com的評級維持爲買入，並將目標股價從3美元降至2美元。
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