Published on 4 Oct 2023 on Simply Wall St. via Yahoo Finance

Investing in CarParts.com (NASDAQ:PRTS) five years ago would have delivered you a 171% gain

CarParts.com, Inc. (NASDAQ:PRTS) shareholders have seen the share price descend 17% over the month. But that doesn't change the fact that shareholders have received really good returns over the last five years. We think most investors would be happy with the 171% return, over that period. To some, the recent pullback wouldn't be surprising after such a fast rise. Ultimately business performance will determine whether the stock price continues the positive long term trend. While the long term returns are impressive, we do have some sympathy for those who bought more recently, given the 25% drop, in the last year.

With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies.

See our latest analysis for CarParts.com