Parts Stock Buy Hold or Sell Recommendation

ID -  USA Stock  

USD 1.08  0.25  18.80%

Allowing for the 90-day total investment horizon and your complete indifference towards market risk, our recommendation regarding Parts ID is 'Strong Buy'. Macroaxis provides Parts ID buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Parts ID positions. The advice algorithm takes into account all of Parts ID's available fundamental, technical, and predictive indicators you will find on this site.
  
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The advice is provided from Parts ID's buy-and-hold perspective. Please see Parts ID Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Parts and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Parts ID.

Execute Parts ID Buy or Sell Advice

The Parts recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Parts ID. Macroaxis does not own or have any residual interests in Parts ID or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Parts ID's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Parts IDBuy Parts ID
Strong Buy

Volatility

Extremely DangerousDetails

Hype Condition

Over hypedDetails

Current Valuation

OvervaluedDetails

Odds of Distress

Close to AverageDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Analyst Consensus

Not AvailableDetails

Financial Strenth (F Score)

PoorDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Parts ID has a Risk Adjusted Performance of (0.12), Jensen Alpha of (0.42), Total Risk Alpha of 0.075 and Treynor Ratio of (1.10)
We provide trade recommendations to complement the recent expert consensus on Parts ID. Our dynamic recommendation engine exercises a multidimensional algorithm to analyze the firm's potential to grow using all technical and fundamental data available at the time. To make sure Parts ID is not overpriced, please check all Parts ID fundamentals, including its cash per share, short ratio, and the relationship between the ebitda and current ratio . Given that Parts ID is a hitting penny stock territory we advise to closely look at its price to earning.

Parts ID Trading Alerts and Improvement Suggestions

Parts ID generated a negative expected return over the last 90 days
Parts ID has high historical volatility and very poor performance
Parts ID has some characteristics of a very speculative penny stock
Parts ID has high likelihood to experience some financial distress in the next 2 years
The company reports 3.75 K of total liabilities with total debt to equity ratio (D/E) of 0.88, which is normal for its line of buisiness. Parts ID has a current ratio of 0.53, implying that it has not enough working capital to pay out debt commitments in time. Debt can assist Parts ID until it has trouble settling it off, either with new capital or with free cash flow. So, Parts ID's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Parts ID sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Parts to invest in growth at high rates of return. When we think about Parts ID's use of debt, we should always consider it together with cash and equity.
The entity generated the yearly revenue of 448.67 M. Annual Net Loss to common stockholders was (7.96 M) with gross profit of 90.23 M.
Parts ID has a poor financial position based on the latest SEC disclosures
About 83.0% of Parts ID shares are held by company insiders
Latest headline from www.nasdaq.com: Risk Managed ESG - Nasdaq

Parts ID current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Parts analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Parts analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Mean Price3.50
Target Median Price3.50
Target High Price5.00
Recommendation Mean2.00
Number Of Analyst Opinions2
Target Low Price2.00
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

Parts ID Returns Distribution Density

The distribution of Parts ID's historical returns is an attempt to chart the future uncertainty of Parts ID's future price movements. The chart of the probability distribution of Parts ID stock daily returns describes the distribution of returns around its average expected value. We use Parts ID price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Parts ID returns is essential to provide solid investment advice for Parts ID stock.
Mean Return-0.48Value At Risk-9.79
Potential Upside9.00Standard Deviation5.30
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Parts ID historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Parts ID Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Parts ID or Consumer Cyclical sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Parts ID stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Parts stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.42
β
Beta against DOW0.44
σ
Overall volatility
5.43
Ir
Information ratio -0.06

Parts ID Volatility Alert

Parts ID exhibits very low volatility with skewness of 0.2 and kurtosis of 0.24. However, we advise investors to further study Parts ID technical indicators to make sure all market info is available and is reliable. Parts ID is a potential penny stock. Although Parts ID may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Parts ID. We encourage investors to look for the signals such us email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Parts instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of an artificial hype usually unable to maintain its increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.

Parts ID Fundamentals Vs Peers

Comparing Parts ID's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Parts ID's direct or indirect competition across all of the common fundamentals between Parts ID and the related equities. This way, we can detect undervalued stocks with similar characteristics as Parts ID or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Parts ID's fundamental indicators could also be used in its relative valuation, which is a method of valuing Parts ID by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Parts ID to competition
FundamentalsParts IDPeer Average
Return On Asset(11.34) %(0.14) %
Profit Margin(1.78) %(1.27) %
Operating Margin(2.04) %(5.51) %
Current Valuation43.71 M16.62 B
Shares Outstanding33.17 M571.82 M
Shares Owned by Insiders82.56 %10.09 %
Shares Owned by Institutions3.64 %39.21 %
Number of Shares Shorted38.79 K4.71 M
Price to Earning29.89 X28.72 X
Price to Book1.63 X9.51 X
Price to Sales0.08 X11.42 X
Revenue448.67 M9.43 B
Gross Profit90.23 M27.38 B
EBITDA(1.67 M)3.9 B
Net Income(7.96 M)570.98 M
Cash and Equivalents23.2 M2.7 B
Cash per Share0.68 X5.01 X
Total Debt3.75 K5.32 B
Debt to Equity0.88 %48.70 %
Current Ratio0.54 X2.16 X
Book Value Per Share(0.34) X1.93 K
Cash Flow from Operations8.62 M971.22 M
Short Ratio1.57 X4.00 X
Earnings Per Share(0.70) X3.12 X
Price to Earnings To Growth2.35 X4.89 X
Number of Employees10818.84 K
Beta-0.14-0.15
Market Capitalization36.07 M19.03 B
Total Asset1.39 B29.47 B
Retained Earnings(24.42 M)9.33 B
Working Capital27.4 M1.48 B
Current Asset457.56 M9.34 B
Current Liabilities430.15 M7.9 B
   Purchase by Pendleton Brian John Jr of 10000 shares of Parts ID [view details]

About Parts ID Buy or Sell Advice

When is the right time to buy or sell Parts ID? Buying financial instruments such as Parts Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although Parts ID investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2018 2020 2021 2022 (projected)
Current Assets20.89 M35.11 M35.99 M29.99 M
Total Assets32.66 M48.18 M52.54 M53.92 M

Use Investing Ideas to Build Portfolios

In addition to having Parts ID in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Top FinTech Thematic Idea Now

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Top FinTech Theme
High long term potential financial entities that are ranging from payment processing, investment management to commercial and investment banking. The Top FinTech theme has 80 constituents.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Top FinTech Theme or any other thematic opportunities.
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Please see Parts ID Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Parts ID information on this page should be used as a complementary analysis to other Parts ID's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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Is Parts ID's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Parts ID. If investors know Parts will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Parts ID listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.78
Market Capitalization
41.8 M
Quarterly Revenue Growth YOY
-0.13
Return On Assets
-0.14
The market value of Parts ID is measured differently than its book value, which is the value of Parts that is recorded on the company's balance sheet. Investors also form their own opinion of Parts ID's value that differs from its market value or its book value, called intrinsic value, which is Parts ID's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Parts ID's market value can be influenced by many factors that don't directly affect Parts ID's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Parts ID's value and its price as these two are different measures arrived at by different means. Investors typically determine Parts ID value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parts ID's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.