NYSE:CARS Cars.com (CARS) Stock Forecast, Price & News $18.06 +0.19 (+1.06%) (As of 05/26/2023 07:00 PM ET) Add Compare Share Share Today's Range$17.77▼$18.1250-Day Range$17.11▼$19.9052-Week Range$8.78▼$20.42Volume276,500 shsAverage Volume433,536 shsMarket Capitalization$1.20 billionP/E Ratio50.17Dividend YieldN/APrice Target$23.42 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Cars.com MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside29.7% Upside$23.42 Price TargetShort InterestHealthy2.71% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.12Based on 63 Articles This WeekInsider TradingSelling Shares$2.40 M Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.27 out of 5 starsRetail/Wholesale Sector100th out of 214 stocksData Processing & Preparation Industry22nd out of 69 stocks 3.5 Analyst's Opinion Consensus RatingCars.com has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $23.42, Cars.com has a forecasted upside of 29.7% from its current price of $18.06.Amount of Analyst CoverageCars.com has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.71% of the float of Cars.com has been sold short.Short Interest Ratio / Days to CoverCars.com has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Cars.com has recently decreased by 4.07%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldCars.com does not currently pay a dividend.Dividend GrowthCars.com does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CARS. Previous Next 2.2 News and Social Media Coverage News SentimentCars.com has a news sentiment score of -0.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 63 news articles for Cars.com this week, compared to 8 articles on an average week.Search Interest4 people have searched for CARS on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.MarketBeat Follows4 people have added Cars.com to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cars.com insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,404,092.00 in company stock.Percentage Held by InsidersOnly 1.50% of the stock of Cars.com is held by insiders.Percentage Held by Institutions97.40% of the stock of Cars.com is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Cars.com is 50.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.10.Price to Earnings Ratio vs. SectorThe P/E ratio of Cars.com is 50.17, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 30.27.Price to Book Value per Share RatioCars.com has a P/B Ratio of 3.13. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Cars.com (NYSE:CARS) StockCars.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. It also sells online subscription advertising products to car dealerships by its direct sales force, as well as through its affiliate sales channel. In addition, the company sells display advertising to national advertisers. Further, it offers online automotive marketplace service that connects buyers and sellers through Cars.com, Auto.com, DealerRater.com, NewCars.com, PickupTrucks.com, DealerInspire.com, and LaunchDigitalMarketing.com Websites. Its platform hosts approximately 4.9 million new and used vehicle listings and serves approximately 20,000 franchise and independent car dealers. Cars.com Inc. was founded in 1998 and is headquartered in Chicago, Illinois.Read More Receive CARS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cars.com and its competitors with MarketBeat's FREE daily newsletter. Email Address CARS Stock News HeadlinesMay 30, 2023 | news.yahoo.comTruck catapults onto several cars in dealership on Highway 6 | WATCHMay 30, 2023 | bizjournals.comFlying cars in Atlanta? How the advanced air mobility space could make it a realityMay 30, 2023 | Edge On The Street (Ad)Is Graphite the New Lithium?Did you know that graphite (NOT lithium) is the largest component of lithium batteries used for EV's? Unfortunately, there are no graphite-producing mines in North America today. This leaves the U.S. at the mercy of China for our vital graphite supply.May 29, 2023 | cbsnews.comBear damages several cars in VailMay 29, 2023 | msn.comWhich cars have the worst resale value?May 29, 2023 | news.yahoo.com'Beautiful cars'May 29, 2023 | news.yahoo.comBest Subcompact Cars for 2023May 29, 2023 | news.yahoo.comBroken ferry leaves dozens stranded, sleeping in cars at Friday Harbor TerminalMay 30, 2023 | Edge On The Street (Ad)Is Graphite the New Lithium?Did you know that graphite (NOT lithium) is the largest component of lithium batteries used for EV's? Unfortunately, there are no graphite-producing mines in North America today. This leaves the U.S. at the mercy of China for our vital graphite supply.May 29, 2023 | msn.comCars and Coffee After Dark Car show set for June 3rd in ElizabethtonMay 29, 2023 | msn.comElectric cars to increase number of potholes, says asphalt bodyMay 29, 2023 | news.yahoo.comCar of the Week: One of Ferrari’s Most Exclusive Sports Cars of the 1960s Is Now Up for GrabsMay 29, 2023 | msn.comThe four main obstacles facing electric carsMay 29, 2023 | msn.com10 Cheap Sports Cars That Accelerate From 0-60 MPH In Under 6 SecondsMay 29, 2023 | news.yahoo.comElon Musk admits BYD cars ‘are highly competitive these days’ after 2011 clip shows him laughing at the rival now trouncing Tesla in ChinaMay 29, 2023 | msn.com'Brady Beach' opens for the season, closes for carsMay 29, 2023 | msn.comTrain cars derail near Devil’s Lake State ParkMay 29, 2023 | msn.comOver 300 cars on display at the 29th Annual Tomahawk Car ShowMay 28, 2023 | msn.comSummer temperatures can heat up your cars quicklyMay 28, 2023 | msn.comWatch Toyota Prius Challenge V8-Powered American Sports Cars In Drag RaceMay 28, 2023 | msn.comBuildSubmarines.com to be featured on RFK Racing cars after multiyear partnershipMay 28, 2023 | msn.com7 cars so incredible they’ll have you rethinking that SUVMay 28, 2023 | msn.comCorvette E-Ray Announced As One Of Forza Motorsport 8's Cover CarsMay 27, 2023 | news.yahoo.comCars and Caves gives a salute to veteransMay 27, 2023 | msn.com20 cars smashed, burglarized at Nashville factory, police sayMay 27, 2023 | msn.com10 Best Resale Value Cars In 2023May 26, 2023 | msn.com10 Classic Sports Cars That Are Still Roadworthy TodaySee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CARS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cars.com and its competitors with MarketBeat's FREE daily newsletter. Email Address CARS Company Calendar Last Earnings5/04/2023Today5/30/2023Next Earnings (Estimated)8/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Data processing & preparation Sub-IndustryN/A SectorRetail/Wholesale Current SymbolNYSE:CARS Previous SymbolNASDAQ:CARS CUSIPN/A CIK1683606 Webwww.cars.com Phone312-601-5000Fax312-601-5755Employees1,700Year Founded1998Price Target and Rating Average Stock Price Forecast$23.42 High Stock Price Forecast$24.00 Low Stock Price Forecast$23.00 Forecasted Upside/Downside+29.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.36 Trailing P/E Ratio50.17 Forward P/E RatioN/A P/E GrowthN/ANet Income$17.21 million Net Margins3.67% Pretax Margin5.02% Return on Equity6.33% Return on Assets2.36% Debt Debt-to-Equity Ratio1.14 Current Ratio1.35 Quick Ratio1.35 Sales & Book Value Annual Sales$653.88 million Price / Sales1.84 Cash Flow$1.69 per share Price / Cash Flow10.67 Book Value$5.77 per share Price / Book3.13Miscellaneous Outstanding Shares66,720,000Free Float65,721,000Market Cap$1.20 billion OptionableOptionable Beta1.94 Social Links Key ExecutivesMr. T. Alex Vetter (Age 47)Co-Founder, CEO, Pres & Director Mr. James F. Rogers (Age 65)Chief Legal Officer Mr. John Clavadetscher (Age 44)Chief Revenue Officer Mr. William SwislowCo-FounderMs. Becky A. Sheehan (Age 52)Exec. VP, CFO & Principal Accounting Officer Key CompetitorsRevolve GroupNYSE:RVLVSally BeautyNYSE:SBHSIGNA Sports UnitedNYSE:SSUPC ConnectionNASDAQ:CNXNWinmarkNASDAQ:WINAView All CompetitorsInsiders & InstitutionsAmeriprise Financial Inc.Sold 6,956 shares on 5/22/2023Ownership: 0.359%JPMorgan Chase & Co.Sold 32,439 shares on 5/18/2023Ownership: 0.446%New York State Common Retirement FundBought 4,493 shares on 5/18/2023Ownership: 0.079%Thrivent Financial for LutheransSold 2,151 shares on 5/17/2023Ownership: 0.092%Balyasny Asset Management L.P.Bought 23,680 shares on 5/16/2023Ownership: 0.219%View All Insider TransactionsView All Institutional Transactions CARS Stock - Frequently Asked Questions Should I buy or sell Cars.com stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cars.com in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CARS shares. View CARS analyst ratings or view top-rated stocks. What is Cars.com's stock price forecast for 2023? 3 brokerages have issued 1-year target prices for Cars.com's stock. Their CARS share price forecasts range from $23.00 to $24.00. On average, they anticipate the company's stock price to reach $23.42 in the next twelve months. This suggests a possible upside of 29.7% from the stock's current price. View analysts price targets for CARS or view top-rated stocks among Wall Street analysts. How have CARS shares performed in 2023? Cars.com's stock was trading at $13.77 at the start of the year. Since then, CARS shares have increased by 31.2% and is now trading at $18.06. View the best growth stocks for 2023 here. Are investors shorting Cars.com? Cars.com saw a decrease in short interest in the month of April. As of April 30th, there was short interest totaling 1,720,000 shares, a decrease of 8.0% from the April 15th total of 1,870,000 shares. Based on an average daily volume of 476,000 shares, the short-interest ratio is currently 3.6 days. Approximately 2.8% of the shares of the company are sold short. View Cars.com's Short Interest. When is Cars.com's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023. View our CARS earnings forecast. How were Cars.com's earnings last quarter? Cars.com Inc. (NYSE:CARS) announced its quarterly earnings results on Thursday, May, 4th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.12 by $0.05. The business had revenue of $167.10 million for the quarter, compared to analysts' expectations of $166.91 million. Cars.com had a net margin of 3.67% and a trailing twelve-month return on equity of 6.33%. The company's quarterly revenue was up 5.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.06 earnings per share. What ETFs hold Cars.com's stock? ETFs with the largest weight of Cars.com (NYSE:CARS) stock in their portfolio include Invesco Dynamic Media ETF (PBS), Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU), Invesco DWA Consumer Cyclicals Momentum ETF (PEZ), SPDR S&P Internet ETF (XWEB), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), Hartford Longevity Economy ETF (HLGE), Pacer US Small Cap Cash Cows 100 ETF (CALF) and Global X Millennial Consumer ETF (MILN). What guidance has Cars.com issued on next quarter's earnings? Cars.com issued an update on its second quarter 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $168.00 million-$170.00 million, compared to the consensus revenue estimate of $168.78 million. What is Alex Vetter's approval rating as Cars.com's CEO? 232 employees have rated Cars.com Chief Executive Officer Alex Vetter on Glassdoor.com. Alex Vetter has an approval rating of 67% among the company's employees. What other stocks do shareholders of Cars.com own? Based on aggregate information from My MarketBeat watchlists, some companies that other Cars.com investors own include Walt Disney (DIS), Pfizer (PFE), Advanced Micro Devices (AMD), NVIDIA (NVDA), Costco Wholesale (COST), Intel (INTC), Micron Technology (MU), Southwest Airlines (LUV), PayPal (PYPL) and QUALCOMM (QCOM). What is Cars.com's stock symbol? Cars.com trades on the New York Stock Exchange (NYSE) under the ticker symbol "CARS." Who are Cars.com's major shareholders? Cars.com's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (15.11%), FMR LLC (13.24%), Greenvale Capital LLP (7.49%), Dimensional Fund Advisors LP (5.28%), Ninety One UK Ltd (4.78%) and State Street Corp (3.35%). Insiders that own company stock include Bryan Wiener, Douglas Neal Miller, James F Rogers, Thomas Alex Vetter and Thomas E Hale. View institutional ownership trends. How do I buy shares of Cars.com? Shares of CARS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Cars.com's stock price today? One share of CARS stock can currently be purchased for approximately $18.06. How much money does Cars.com make? Cars.com (NYSE:CARS) has a market capitalization of $1.20 billion and generates $653.88 million in revenue each year. The company earns $17.21 million in net income (profit) each year or $0.36 on an earnings per share basis. How many employees does Cars.com have? The company employs 1,700 workers across the globe. Does Cars.com have any subsidiaries? The following companies are subsidiares of Cars.com: Cars.com LLC, CreditIQ, CreditIQ LLC, Dealer Inspire, Dealer Inspire Inc., Dealer Inspire Solutions Canada Inc., DealerRater, DealerRater Canada LLC, DealerRater.com LLC, Launch Digital Marketing, and PickupTrucks.com.Read More How can I contact Cars.com? Cars.com's mailing address is 300 S. RIVERSIDE PLAZA SUITE 1000, CHICAGO IL, 60606. The official website for the company is www.cars.com. The company can be reached via phone at 312-601-5000, via email at khamid@cars.com, or via fax at 312-601-5755. This page (NYSE:CARS) was last updated on 5/30/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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