Cars.com (NYSE:CARS - Get Free Report) is projected to post its Q1 2025 quarterly earnings results before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of $0.39 per share and revenue of $179.82 million for the quarter.
Cars.com Stock Performance
Shares of NYSE CARS traded down $0.31 during trading on Tuesday, reaching $11.43. 691,544 shares of the stock traded hands, compared to its average volume of 620,742. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.79 and a quick ratio of 1.79. The stock has a market capitalization of $726.32 million, a P/E ratio of 19.71 and a beta of 1.95. Cars.com has a 52-week low of $9.87 and a 52-week high of $21.24. The company has a 50-day moving average of $11.58 and a 200-day moving average of $15.52.
Wall Street Analyst Weigh In
CARS has been the subject of several recent research reports. JPMorgan Chase & Co. reduced their target price on shares of Cars.com from $17.00 to $14.00 and set a "neutral" rating for the company in a research note on Thursday, March 27th. UBS Group reduced their price objective on shares of Cars.com from $15.00 to $13.00 and set a "neutral" rating for the company in a research note on Thursday, April 10th. DA Davidson dropped their target price on Cars.com from $21.00 to $14.50 and set a "buy" rating on the stock in a research report on Friday, February 28th. Finally, Barrington Research reiterated an "outperform" rating and issued a $25.00 price target on shares of Cars.com in a research report on Tuesday, March 4th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $18.50.
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About Cars.com
(
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Cars.com Inc, through its subsidiaries, operates as a digital automotive marketplace that connects local car dealers to consumers in the United States. The company offers a suite of digital solutions that creates connections between individuals researching cars or looking to purchase a car with car dealerships and automotive original equipment manufacturers.
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