Contrasting Innoviz Technologies (NASDAQ:INVZ) and CarParts.com (NASDAQ:PRTS)

Innoviz Technologies (NASDAQ:INVZGet Free Report) and CarParts.com (NASDAQ:PRTSGet Free Report) are both small-cap auto/tires/trucks companies, but which is the superior stock? We will contrast the two companies based on the strength of their earnings, valuation, profitability, institutional ownership, analyst recommendations, risk and dividends.

Insider & Institutional Ownership

63.3% of Innoviz Technologies shares are held by institutional investors. Comparatively, 75.3% of CarParts.com shares are held by institutional investors. 11.2% of Innoviz Technologies shares are held by insiders. Comparatively, 6.6% of CarParts.com shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Earnings & Valuation

This table compares Innoviz Technologies and CarParts.com”s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Innoviz Technologies $55.09 million 2.27 -$67.79 million ($0.39) -1.49
CarParts.com $547.53 million 0.09 -$50.44 million ($6.20) -1.02

CarParts.com has higher revenue and earnings than Innoviz Technologies. Innoviz Technologies is trading at a lower price-to-earnings ratio than CarParts.com, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Innoviz Technologies and CarParts.com’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Innoviz Technologies -181.46% -101.64% -57.82%
CarParts.com -6.97% -61.91% -19.36%

Volatility and Risk

Innoviz Technologies has a beta of 1.46, meaning that its share price is 46% more volatile than the S&P 500. Comparatively, CarParts.com has a beta of 0.71, meaning that its share price is 29% less volatile than the S&P 500.

Analyst Ratings

This is a breakdown of recent recommendations and price targets for Innoviz Technologies and CarParts.com, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Innoviz Technologies 1 0 2 0 2.33
CarParts.com 1 1 0 0 1.50

Innoviz Technologies presently has a consensus target price of $2.65, indicating a potential upside of 355.33%. CarParts.com has a consensus target price of $6.00, indicating a potential downside of 5.36%. Given Innoviz Technologies’ stronger consensus rating and higher probable upside, equities research analysts plainly believe Innoviz Technologies is more favorable than CarParts.com.

Summary

Innoviz Technologies beats CarParts.com on 7 of the 13 factors compared between the two stocks.

About Innoviz Technologies

(Get Free Report)

Innoviz Technologies Ltd. manufactures and sells automotive grade LiDAR sensors and perception software to enable safe autonomous driving at a mass scale. The company offers InnovizOne, a solid-state LiDAR sensor designed for automakers and robotaxis, shuttles, trucks, and delivery companies requiring an automotive-grade and mass-producible solution to achieve autonomy. It also provides InnovizTwo, an automotive-grade LiDAR sensor that offers a solution for all levels of autonomous driving, as well as an option to integrate the perception application in the LiDAR sensor; and perception application, a software application that raw point cloud data from Innoviz LiDAR products into perception outputs. The company operates in Europe, Asia Pacific, the Middle East, Africa, and North America. It markets and sells its products through a direct sales organization, as well as through distribution channels. The company is headquartered in Rosh Haayin, Israel.

About CarParts.com

(Get Free Report)

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.

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