Barrington Thinks US Auto Parts Network’s Stock is Going to Recover

By Jason Carr

In a report released today, Gary Prestopino from Barrington maintained a Buy rating on US Auto Parts Network (PRTSResearch Report). The company’s shares closed yesterday at $1.18, close to its 52-week low of $0.99.

Prestopino wrote:

“We believe Mr. Peker brings experience in both brand marketing and brand management to PRTS, which should help to stimulate e-Commerce sales for the company.”

According to TipRanks.com, Prestopino is a 2-star analyst with an average return of 0.0% and a 44.1% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services Inc, Ritchie Bros, and AutoWeb Inc.

US Auto Parts Network has an analyst consensus of Moderate Buy.

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The company has a one-year high of $2.74 and a one-year low of $0.99. Currently, US Auto Parts Network has an average volume of 164.1K.

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U.S. Auto Parts Network, Inc. engages in the provision of automotive aftermarket parts and repair information through its online platforms. The firm’s flagship websites include www.autopartswarehouse.com, www.carparts.com, www.jcwhitney.com, www.automd.com, and www.usautoparts.net.