CarParts.com (NASDAQ:PRTS – Get Free Report) and Luminar Technologies (NASDAQ:LAZR – Get Free Report) are both small-cap auto/tires/trucks companies, but which is the better business? We will compare the two companies based on the strength of their profitability, institutional ownership, valuation, risk, analyst recommendations, earnings and dividends.
Analyst Recommendations
This is a breakdown of recent recommendations for CarParts.com and Luminar Technologies, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| CarParts.com | 1 | 1 | 1 | 0 | 2.00 |
| Luminar Technologies | 3 | 0 | 0 | 0 | 1.00 |
CarParts.com presently has a consensus target price of $1.85, suggesting a potential upside of 258.04%. Luminar Technologies has a consensus target price of $2.00, suggesting a potential upside of 145.10%. Given CarParts.com’s stronger consensus rating and higher possible upside, equities research analysts plainly believe CarParts.com is more favorable than Luminar Technologies.
Profitability
| Net Margins | Return on Equity | Return on Assets | |
| CarParts.com | -9.25% | -67.30% | -25.32% |
| Luminar Technologies | -302.93% | N/A | -94.53% |
Insider & Institutional Ownership
75.3% of CarParts.com shares are held by institutional investors. Comparatively, 31.0% of Luminar Technologies shares are held by institutional investors. 9.7% of CarParts.com shares are held by company insiders. Comparatively, 11.2% of Luminar Technologies shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Valuation and Earnings
This table compares CarParts.com and Luminar Technologies”s gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| CarParts.com | $560.63 million | 0.06 | -$40.60 million | ($0.96) | -0.54 |
| Luminar Technologies | $75.39 million | 0.84 | -$273.14 million | ($4.99) | -0.16 |
CarParts.com has higher revenue and earnings than Luminar Technologies. CarParts.com is trading at a lower price-to-earnings ratio than Luminar Technologies, indicating that it is currently the more affordable of the two stocks.
Risk & Volatility
CarParts.com has a beta of 0.93, meaning that its share price is 7% less volatile than the S&P 500. Comparatively, Luminar Technologies has a beta of 2.03, meaning that its share price is 103% more volatile than the S&P 500.
Summary
CarParts.com beats Luminar Technologies on 9 of the 14 factors compared between the two stocks.
About CarParts.com
CarParts.com, Inc., together with its subsidiaries, operates as an online provider of aftermarket auto parts and accessories in the United States and the Philippines. It offers replacement parts, such as parts for the exterior of an automobile; mirror products; engine and chassis components, as well as other mechanical and electrical parts; and performance parts and accessories. The company sells its products to individual customers through its flagship website www.carparts.com and app; online marketplaces, including third-party auction sites and shopping portals; and auto parts wholesale distributors. The company was formerly known as U.S. Auto Parts Network, Inc. and changed its name to CarParts.com, Inc. in July 2020. CarParts.com, Inc. was incorporated in 1995 and is headquartered in Torrance, California.
About Luminar Technologies
Luminar Technologies, Inc., an automotive technology company, provides sensor technologies and software for passenger cars and commercial trucks in North America, the Asia Pacific, Europe, and the Middle East. It operates in two segments, Autonomy Solutions and Advanced Technologies and Services. The Autonomy Solutions segment designs, manufactures, and sells laser imaging, detection, and ranging sensors or lidars, as well as related perception and autonomy software solutions primarily for original equipment manufacturers in the automobile, commercial vehicle, robo-taxi, and adjacent industries. The Advanced Technologies and Services segment develops application-specific integrated circuits, pixel-based sensors, and advanced lasers. This segment also designs, tests, and provides consulting services for non-standard integrated circuits for use in automobile and aeronautics sector, as well as government spending in military and defense activities. The company was founded in 2012 and is headquartered in Orlando, Florida.
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