Industry description
The Automotive Aftermarket consists of the manufacturing, remanufacturing, distribution, retailing, and installation of vehicle parts and accessories, after the sale of the automobile by the original equipment manufacturer (OEM) to the consumer. The aftermarket parts many not be manufactured by the OEM. According to a Technavio study, the US automotive parts aftermarket size is estimated to grow by USD 24.33 billion during 2018-2022 (CAGR 3%). Like many other industries, the automotive aftermarket is also being intensely penetrated by the digital boom. The online auto parts sales market is predicted to exceed $13B by 2020 (according to a study by Mirakl).
Market Cap
The average market capitalization across the Automotive Aftermarket Industry is 3.92B. The market cap for tickers in the group ranges from 15.95K to 47.99B. CVNA holds the highest valuation in this group at 47.99B. The lowest valued company is USAM at 15.95K.
High and low price notable news
The average weekly price growth across all stocks in the Automotive Aftermarket Industry was 1%. For the same Industry, the average monthly price growth was -6%, and the average quarterly price growth was 2%. KXIN experienced the highest price growth at 16%, while GORV experienced the biggest fall at -13%.
Volume
The average weekly volume growth across all stocks in the Automotive Aftermarket Industry was -43%. For the same stocks of the Industry, the average monthly volume growth was 6% and the average quarterly volume growth was 4%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 53
P/E Growth Rating: 56
Price Growth Rating: 62
SMR Rating: 74
Profit Risk Rating: 73
Seasonality Score: -29 (-100 ... +100)