NYSE:CARS Cars.com (CARS) Stock Forecast, Price & News $16.67 -0.19 (-1.13%) (As of 04:29 PM ET) Add Compare Share Share Today's Range$16.50▼$17.1850-Day Range$16.56▼$22.8252-Week Range$11.52▼$22.84Volume372,882 shsAverage Volume425,125 shsMarket Capitalization$1.11 billionP/E Ratio10.10Dividend YieldN/APrice Target$23.21 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Cars.com MarketRank™ ForecastAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside39.8% Upside$23.21 Price TargetShort InterestHealthy2.43% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.20Based on 58 Articles This WeekInsider TradingSelling Shares$335,654 Sold Last QuarterProj. Earnings Growth27.27%From $0.44 to $0.56 Per ShareSee 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.2.56 out of 5 starsRetail/Wholesale Sector72nd out of 216 stocksData Processing & Preparation Industry12th out of 60 stocks 3.4 Analyst's Opinion Consensus RatingCars.com has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $23.21, Cars.com has a forecasted upside of 39.8% from its current price of $16.60.Amount of Analyst CoverageCars.com has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.43% 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 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Cars.com has recently increased by 2.80%, indicating that investor sentiment is decreasing. 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 1.0 News and Social Media Coverage News SentimentCars.com has a news sentiment score of -0.20. 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 0.62 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 58 news articles for Cars.com this week, compared to 25 articles on an average week.Search InterestOnly 2 people have searched for CARS on MarketBeat in the last 30 days. This is a decrease of -71% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Cars.com to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 $335,654.00 in company stock.Percentage Held by InsidersOnly 1.59% of the stock of Cars.com is held by insiders.Percentage Held by Institutions88.77% 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 3.1 Earnings and Valuation Earnings GrowthEarnings for Cars.com are expected to grow by 27.27% in the coming year, from $0.44 to $0.56 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cars.com is 10.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.46.Price to Earnings Ratio vs. SectorThe P/E ratio of Cars.com is 10.06, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 20.86.Price to Book Value per Share RatioCars.com has a P/B Ratio of 2.88. P/B Ratios below 3 indicates that a company is reasonably valued 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 CARS Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CARS Stock News HeadlinesSeptember 25, 2023 | marketbeat.comSmall Caps That Have Priced In A Hard Landing For Big UpsideStuck between the whole soft versus hard landing situation? Here are some stocks that may have priced in both scenarios, offering nothing up upsideOctober 2, 2023 | yahoo.comElectric cars draw a backlash across the U.S. and EuropeOctober 2, 2023 | Stansberry Research (Ad)Is NVIDIA Leading a "Magnificent Seven Bubble"?The world’s massive tech leaders may be in a bubble, led by NVIDIA’s enormous rise this year. What happens next could affect all stocks. October 2, 2023 | msn.comTrump’s bashing electric cars. He has lots of company in Europe.October 2, 2023 | americanbankingnews.comCars.com Inc. (NYSE:CARS) Given Consensus Recommendation of "Moderate Buy" by BrokeragesOctober 2, 2023 | news.yahoo.comWhat we know about the cars taking over streets and doing donuts in Cincinnati this weekendOctober 2, 2023 | cbsnews.comDriver arrested after truck crashes into 10 cars in Port Richmond, police sayOctober 1, 2023 | msn.com20-year-old man fatally struck by two cars in VictorvilleOctober 2, 2023 | Behind the Markets (Ad)New Breakthrough "Living Software" Has Been…New Breakthrough "Living Software" Has Been... Ukraine's "Secret Weapon" Against Russia The Washington Post Reports: "It's a big reason David is beating Goliath..." The Wall Street Journal Reports: "it's a technical revolution." Jeff Bezos Said: "It's in the realm of science fiction." Early investors can reap 5,633% gains on the small company revolutionizing warfare >>>October 1, 2023 | msn.comWhat Our Phones, Cars and Refrigerators Need: More ButtonsOctober 1, 2023 | msn.comPandemic hangover forces used car shoppers to buy much older carsOctober 1, 2023 | msn.comClimate activists across the globe are pushing restrictions on everything from gas stoves to carsSeptember 30, 2023 | msn.comClassic cars from southwest Iowa collection sell for over $700,000September 30, 2023 | cbsnews.comSwastikas spray painted on several cars in Ladera Heights neighborhoodSeptember 30, 2023 | finance.yahoo.comMoney Pit To Avoid: These 10 Cars Could Drain Your Savings Through Constant RepairsSeptember 30, 2023 | msn.comThe American Exotics: Cars Made in the USA That You’ve Never SeenSeptember 30, 2023 | nytimes.comWhere German Cars Falter, E-Bikes Gain in PowerSeptember 30, 2023 | msn.comThe Best-Selling American Cars Of All TimeSeptember 30, 2023 | cbsnews.comWaymo's self driving cars on Miami streets as company tests its technologySeptember 29, 2023 | msn.comNew York City area under state of emergency after storms flood subways, strand people in carsSeptember 29, 2023 | news.yahoo.comFrench museum offers chance to drive famous movie carsSeptember 29, 2023 | apnews.comNorway joins EU nations in banning Russian-registered cars from entering its territorySeptember 29, 2023 | msn.comIt's not just cars — here's the hot commodity much of the U.S. can't affordSeptember 29, 2023 | msn.comCollection of 100 classic cars up for auction at Iowa speedway: See what's for saleSeptember 29, 2023 | reuters.com'Fast and Furious': Paris collector offers drives in famous movie carsSeptember 29, 2023 | msn.comUsed cars now less affordable for buyersSeptember 28, 2023 | msn.comEurope Learns Its Electric Cars Will Be Made in ChinaSee More Headlines 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 Earnings8/03/2023Today10/02/2023Next Earnings (Estimated)11/02/2023Fiscal 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$23.21 High Stock Price Forecast$26.00 Low Stock Price Forecast$20.00 Forecasted Upside/Downside+37.7%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$1.65 Trailing P/E Ratio10.22 Forward P/E Ratio38.32 P/E GrowthN/ANet Income$17.21 million Net Margins16.90% Pretax Margin4.20% Return on Equity27.83% Return on Assets10.85% Debt Debt-to-Equity Ratio0.91 Current Ratio1.30 Quick Ratio1.30 Sales & Book Value Annual Sales$653.88 million Price / Sales1.71 Cash Flow$1.69 per share Price / Cash Flow9.96 Book Value$5.77 per share Price / Book2.92Miscellaneous Outstanding Shares66,470,000Free Float65,411,000Market Cap$1.12 billion OptionableOptionable Beta2.02 Social Links The Best High-Yield Dividend Stocks for 2023Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report 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 CompetitorsRover GroupNASDAQ:ROVRPetco Health and WellnessNASDAQ:WOOFFirst Watch Restaurant GroupNASDAQ:FWRGFIGSNYSE:FIGSRevolve GroupNYSE:RVLVView All CompetitorsInsiders & InstitutionsThomas Alex VetterSold 17,666 sharesTotal: $335,654.00 ($19.00/share)Wolverine Trading LLCBought 71,600 shares on 8/23/2023Ownership: 0.000%Virginia Retirement Systems ET ALBought 11,000 shares on 8/22/2023Ownership: 0.017%California State Teachers Retirement SystemSold 2,745 shares on 8/21/2023Ownership: 0.117%Teachers Retirement System of The State of KentuckyBought 1,108 shares on 8/21/2023Ownership: 0.031%View All Insider TransactionsView All Institutional Transactions CARS Stock - Frequently Asked Questions Should I buy or sell Cars.com stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cars.com in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CARS shares. View CARS analyst ratings or view top-rated stocks. What is Cars.com's stock price forecast for 2023? 6 brokerages have issued 12 month price objectives for Cars.com's stock. Their CARS share price forecasts range from $20.00 to $26.00. On average, they predict the company's stock price to reach $23.21 in the next twelve months. This suggests a possible upside of 37.7% 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 on January 1st, 2023. Since then, CARS shares have increased by 22.4% and is now trading at $16.86. 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 August. As of August 31st, there was short interest totaling 1,430,000 shares, a decrease of 16.9% from the August 15th total of 1,720,000 shares. Based on an average trading volume of 445,900 shares, the days-to-cover ratio is presently 3.2 days. Currently, 2.4% 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 Thursday, November 2nd 2023. View our CARS earnings forecast. How were Cars.com's earnings last quarter? Cars.com Inc. (NYSE:CARS) released its quarterly earnings results on Thursday, August, 3rd. The company reported $1.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.91. The firm had revenue of $168.20 million for the quarter, compared to the consensus estimate of $168.97 million. Cars.com had a trailing twelve-month return on equity of 27.83% and a net margin of 16.90%. Cars.com's revenue for the quarter was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.08 EPS. What ETFs hold Cars.com's stock? ETFs with the largest weight of Cars.com (NYSE:CARS) stock in their portfolio include Invesco Next Gen Media and Gaming ETF (PBS), Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU), SPDR S&P Internet ETF (XWEB), Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), First Trust Small Cap Growth AlphaDEX Fund (FYC), Hartford Longevity Economy ETF (HLGE) and First Trust Active Factor Small Cap ETF (AFSM). What guidance has Cars.com issued on next quarter's earnings? Cars.com updated its third quarter 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $172.00 million-$174.00 million, compared to the consensus revenue estimate of $171.56 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." 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 $16.86. How much money does Cars.com make? Cars.com (NYSE:CARS) has a market capitalization of $1.12 billion and generates $653.88 million in revenue each year. The company earns $17.21 million in net income (profit) each year or $1.65 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 10/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Cars.com Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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