Head to Head Analysis: Innoviz Technologies (NASDAQ:INVZ) vs. 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 better business? We will compare the two companies based on the strength of their institutional ownership, risk, earnings, profitability, analyst recommendations, dividends and valuation.

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%

Analyst Recommendations

This is a summary of recent ratings for Innoviz Technologies and CarParts.com, as provided by MarketBeat.com.

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, suggesting a potential upside of 376.28%. CarParts.com has a consensus target price of $6.00, suggesting a potential downside of 3.07%. Given Innoviz Technologies’ stronger consensus rating and higher probable upside, analysts plainly believe Innoviz Technologies is more favorable than CarParts.com.

Risk and Volatility

Innoviz Technologies has a beta of 1.46, indicating that its share price is 46% more volatile than the S&P 500. Comparatively, CarParts.com has a beta of 0.7, indicating that its share price is 30% less volatile than the S&P 500.

Insider and 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 company insiders. Comparatively, 6.6% of CarParts.com shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Valuation & Earnings

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

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Innoviz Technologies $55.09 million 2.17 -$67.79 million ($0.39) -1.43
CarParts.com $532.11 million 0.09 -$50.44 million ($6.20) -1.00

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.

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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