Parts Stock Today

ID
 Stock
  

USD 1.15  0.18  13.53%   

Market Performance
0 of 100
Odds Of Distress
Over 53
Parts ID is trading at 1.15 as of the 28th of June 2022, a -13.53 percent decrease since the beginning of the trading day. The stock's lowest day price was 1.15. Parts ID has 53 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Parts ID are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of May 2022 and ending today, the 28th of June 2022. Please note, there could be an existing legal relationship between Parts ID (ID) and L-1 IDENTITY SOLUTIONS (ID1). Click here to learn more.
Fiscal Year End
December
Business Domain
Retailing
IPO Date
2nd of January 2001
Category
Consumer Cyclical
Classification
Consumer Discretionary
ISIN
US7021411027
PARTS iD, Inc., a digital commerce company, primarily sells automotive parts and accessories through its proprietary platforms. The company was founded in 2008 and is based in Cranbury, New Jersey. Parts ID operates under Internet Retail classification in the United States and is traded on NYSEMKT Exchange. The company has 33.17 M outstanding shares of which 38.79 K shares are currently sold short in the market by investors with about 1.57 days to cover all shorted shares. More on Parts ID

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Parts ID Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Parts ID's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Parts ID or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Parts ID generated a negative expected return over the last 90 days
Parts ID has high historical volatility and very poor performance
Parts ID may become a 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
Related EntityID1 (L-1 IDENTITY SOLUTIONS)
Chief Executive OfficerAntonino Ciappina
Thematic IdeaBusiness Services (view all)
Fama & French Classification
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Parts ID based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Parts ID financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 4 - PoorDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares30.9 M33.2 M
Significantly Down
Decreasing
Slightly volatile
Weighted Average Shares Diluted30.9 M33.2 M
Significantly Down
Decreasing
Slightly volatile
Net Cash Flow from Operations10 M8.6 M
Fairly Up
Decreasing
Stable
Total Assets53.9 M52.5 M
Fairly Up
Decreasing
Slightly volatile
Total Liabilities56.9 M66.2 M
Fairly Down
Increasing
Slightly volatile
Current Assets30 M36 M
Significantly Down
Increasing
Slightly volatile
Current Liabilities54.5 M66.2 M
Significantly Down
Increasing
Slightly volatile
Total Debt22 K17.7 K
Fairly Up
Decreasing
Slightly volatile
Return on Average Assets(0.14)(0.14)
Steady
Decreasing
Slightly volatile
Gross Margin0.20.201
Slightly Down
Decreasing
Slightly volatile
Asset Turnover6.557.882
Significantly Down
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Parts ID's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
Parts ID's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Parts ID's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Parts ID's financial leverage. It provides some insight into what part of Parts ID's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Parts ID's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Parts ID deploys its capital and how much of that capital is borrowed.
Liquidity
Parts ID cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. 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.

Operating Cash Flow

10.02 MillionShare
Parts ID (ID) is traded on NYSEMKT Exchange in USA. It is located in 1 Corporate Drive and employs 108 people. Parts ID is listed under Business Services category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with market capitalization of 38.15 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Parts ID's market, we take the total number of its shares issued and multiply it by Parts ID's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Parts ID is active under Consumer Cyclical sector as part of Internet Retail industry. The entity has 33.17 M outstanding shares of which 38.79 K shares are currently sold short in the market by investors with about 1.57 days to cover all shorted shares. Parts ID reports about 23.2 M in cash with 8.62 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.68.
Check Parts ID Probability Of Bankruptcy
Ownership
Parts ID has a total of 33.17 Million outstanding shares. Parts ID holds majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company outstanding shares. 82.56 pct. of Parts ID outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation (%)

Check Parts Ownership Details

Parts Stock Price Odds Analysis

What are Parts ID's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Parts ID jumping above the current price in 90 days from now is about 85.19%. The Parts ID probability density function shows the probability of Parts ID stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon Parts ID has a beta of 0.4465. This usually indicates as returns on the market go up, Parts ID average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Parts ID will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Parts ID is significantly underperforming DOW.
  Odds Below 1.15HorizonTargetOdds Above 1.15
14.77%90 days
 1.15 
85.19%
Based on a normal probability distribution, the odds of Parts ID to move above the current price in 90 days from now is about 85.19 (This Parts ID probability density function shows the probability of Parts Stock to fall within a particular range of prices over 90 days) .

Parts ID Historical Income Statement

Parts ID Income Statement is one of the three primary financial statements used for reporting Parts's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Parts ID revenue and expense. Parts ID Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of June 28, 2022, Consolidated Income is expected to decline to about (8.2 M). In addition to that, Earning Before Interest and Taxes EBIT is expected to decline to about (9.4 M) View More Fundamentals

Parts Stock Against Markets

Picking the right benchmark for Parts ID stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Parts ID stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Parts ID is critical whether you are bullish or bearish towards Parts ID at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Parts ID without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Parts ID Corporate Executives

Elected by the shareholders, the Parts ID's board of directors comprises two types of representatives: Parts ID inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Parts. The board's role is to monitor Parts ID's management team and ensure that shareholders' interests are well served. Parts ID's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Parts ID's outside directors are responsible for providing unbiased perspectives on the board's policies.
William Finn - Chief Financial Officer, SecretaryProfile
Kailas Agrawal - Chief Financial OfficerProfile
Ajay Roy - Chief Operating OfficerProfile

Investing Parts ID

You need to understand the risk of investing before taking a position in Parts ID. The danger of trading Parts ID is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Parts ID is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Parts ID. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Parts ID is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please see Risk vs Return Analysis. 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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary Tools for Parts Stock analysis

When running Parts ID price analysis, check to measure Parts ID's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Parts ID is operating at the current time. Most of Parts ID's value examination focuses on studying past and present price action to predict the probability of Parts ID's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Parts ID's price. Additionally, you may evaluate how the addition of Parts ID to your portfolios can decrease your overall portfolio volatility.
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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
39.1 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.