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NYSE:CARS

Cars.com (CARS) Stock Forecast, Price & News

$16.90
+0.34 (+2.05%)
(As of 09/27/2023 ET)
Compare
Today's Range
$16.69
$17.04
50-Day Range
$16.56
$22.82
52-Week Range
$10.95
$22.84
Volume
248,644 shs
Average Volume
425,444 shs
Market Capitalization
$1.12 billion
P/E Ratio
10.24
Dividend Yield
N/A
Price Target
$23.21

Cars.com MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
36.4% Upside
$23.21 Price Target
Short Interest
Healthy
2.43% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.32mentions of Cars.com in the last 14 days
Based on 58 Articles This Week
Insider Trading
Selling Shares
$335,654 Sold Last Quarter
Proj. Earnings Growth
27.27%
From $0.44 to $0.56 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.61 out of 5 stars

Retail/Wholesale Sector

33rd out of 210 stocks

Data Processing & Preparation Industry

6th out of 61 stocks


CARS stock logo

About Cars.com (NYSE:CARS) Stock

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. 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.

CARS Price History

CARS Stock News Headlines

Small Caps That Have Priced In A Hard Landing For Big Upside
Stuck between the whole soft versus hard landing situation? Here are some stocks that may have priced in both scenarios, offering nothing up upside
Why Analysts Love These 2 Car Sales Platforms, And Avoid Dealers (CARS)
As car prices stabilize and come back down to normality, money begins to pivot into these two stocks while avoiding names like these other two
ATTENTION: Digital Dollar Could Send this $0.25 Play Skyrocketing
In just a few days, the U.S. government could announce this mandatory recall on the U.S. dollar… And replace it with a new digital dollar. And that could send this $0.25 alternative investment skyrocketing.
Buy This Stock for AI Tidal Wave (not NVDA)
The internet boom made more millionaires than any tech  - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.
Should Autoworkers Fear Electric Cars?
These are 2023’s safest new cars
See More Headlines
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CARS Company Calendar

Last Earnings
8/03/2023
Today
9/27/2023
Next Earnings (Estimated)
11/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
N/A
Previous Symbol
NASDAQ:CARS
Employees
1,700
Year Founded
1998

Price Target and Rating

Average Stock Price Forecast
$23.21
High Stock Price Forecast
$26.00
Low Stock Price Forecast
$20.00
Forecasted Upside/Downside
+36.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$17.21 million
Pretax Margin
4.20%

Debt

Sales & Book Value

Annual Sales
$653.88 million
Cash Flow
$1.72 per share
Book Value
$5.77 per share

Miscellaneous

Free Float
65,411,000
Market Cap
$1.13 billion
Optionable
Optionable
Beta
2.02

Social Links

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Key Executives

  • Mr. T. Alex Vetter (Age 47)
    Co-Founder, CEO, Pres & Director
  • Mr. James F. RogersMr. James F. Rogers (Age 65)
    Chief Legal Officer
  • Mr. John Clavadetscher (Age 44)
    Chief Revenue Officer
  • Mr. William Swislow
    Co-Founder
  • Ms. Becky A. Sheehan (Age 52)
    Exec. VP, CFO & Principal Accounting Officer













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 year. 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 equities research analysts have issued twelve-month price objectives for Cars.com's shares. 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 36.7% 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 beginning of the year. Since then, CARS stock has increased by 23.3% and is now trading at $16.98.
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 daily trading volume, of 445,900 shares, the days-to-cover ratio is presently 3.2 days. Approximately 2.4% of the company's stock are short sold.
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) issued its earnings results on Thursday, August, 3rd. The company reported $1.37 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 analysts' expectations of $168.97 million. Cars.com had a trailing twelve-month return on equity of 27.83% and a net margin of 16.90%. The business's revenue was up 3.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.08 earnings per share.

What guidance has Cars.com issued on next quarter's earnings?

Cars.com issued an update on its third quarter 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share 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."

Who are Cars.com's major shareholders?

Cars.com's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.63%), Dimensional Fund Advisors LP (5.09%), Ninety One UK Ltd (4.47%), State Street Corp (3.40%), Geode Capital Management LLC (1.86%) and Charles Schwab Investment Management Inc. (1.19%). Insiders that own company stock include Angelique Strong Marks, Bryan Wiener, Douglas Neal Miller, James F Rogers, Jr Donald A Mcgovern, 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 $16.98.

How much money does Cars.com make?

Cars.com (NYSE:CARS) has a market capitalization of $1.13 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 9/27/2023 by MarketBeat.com Staff

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