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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Data processing & preparation
Sub-IndustryN/A
SectorRetail/Wholesale
Current SymbolNYSE:CARS
Previous SymbolNASDAQ:CARS
CUSIPN/A
Phone312-601-5000
Debt
Debt-to-Equity Ratio0.41
Current Ratio1.29
Quick Ratio1.29
Price-To-Earnings
Trailing P/E Ratio11.29
Forward P/E Ratio12.86
P/E Growth2.58
Sales & Book Value
Annual Sales$626.26 million
Price / Sales2.80
Cash Flow$3.1749 per share
Price / Cash8.06
Book Value$23.84 per share
Price / Book1.07
Profitability
EPS (Most Recent Fiscal Year)$2.28
Net Income$224.44 million
Net Margins27.69%
Return on Equity7.77%
Return on Assets4.94%
Miscellaneous
Employees1,100
Outstanding Shares68,570,000
Market Cap$1.76 billion
OptionableOptionable
Cars.com (NYSE:CARS) Frequently Asked Questions
What is Cars.com's stock symbol?
Cars.com trades on the New York Stock Exchange (NYSE) under the ticker symbol "CARS."
How were Cars.com's earnings last quarter?
Cars.com Inc. (NYSE:CARS) announced its earnings results on Wednesday, November, 7th. The company reported $0.52 earnings per share for the quarter, missing the consensus estimate of $0.53 by $0.01. The business had revenue of $169.30 million for the quarter, compared to the consensus estimate of $168.04 million. Cars.com had a net margin of 27.69% and a return on equity of 7.77%. The firm's revenue was up 5.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.48 EPS. View Cars.com's Earnings History.
When is Cars.com's next earnings date?
What guidance has Cars.com issued on next quarter's earnings?
Cars.com issued an update on its FY 2018 earnings guidance on Wednesday, November, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $663.838-663.838 million, compared to the consensus revenue estimate of $666.3 million.
What price target have analysts set for CARS?
5 equities research analysts have issued 12-month target prices for Cars.com's shares. Their predictions range from $34.00 to $42.50. On average, they anticipate Cars.com's stock price to reach $37.50 in the next year. This suggests a possible upside of 45.5% from the stock's current price. View Analyst Price Targets for Cars.com.
What is the consensus analysts' recommendation for Cars.com?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cars.com in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cars.com.
What are Wall Street analysts saying about Cars.com stock?
Here are some recent quotes from research analysts about Cars.com stock:
- 1. Barrington Research analysts commented, "We have slightly adjusted our 2019 revenue assumption to $699 million from $704 million with a $243 million estimate for adjusted EBITDA, which is consistent with our estimate prior to the release of Q3/18 results. We have an OUTPERFORM investment rating on the shares with a price target range of $40‐45." (11/12/2018)
- 2. According to Zacks Investment Research, "Cars.com Inc. operates an online automotive platform. The Company offers new and used vehicle listings, expert and consumer reviews, research tools and other information. It also engaged in the sale of display advertising to national advertisers. Cars.com Inc. is based in Chicago, United States. " (10/9/2018)
- 3. Benchmark Co. analysts commented, "We don’t see Cars competing in the traffic game but rather focusing on higher quality, stickier users, with that push, along with consumer-facing improvements, yielding mid-teens plus improvement in conversion. How this translates against an eyeball moat-builder in the same space remains to be seen." (8/9/2018)
Has Cars.com been receiving favorable news coverage?
Press coverage about CARS stock has trended neutral on Wednesday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cars.com earned a news sentiment score of 0.4 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 7.0 out of 10, meaning that recent news coverage is likely to have an effect on the company's share price in the next several days.
Who are some of Cars.com's key competitors?
Some companies that are related to Cars.com include RingCentral (RNG), Zendesk (ZEN), Proofpoint (PFPT), CarGurus (CARG), Pegasystems (PEGA), YY (YY), Bilibili (BILI), Corelogic (CLGX), Zynga (ZNGA), PagSeguro Digital (PAGS), Smartsheet (SMAR), Five9 (FIVN), Trivago (TRVG), Evertec (EVTC) and Globant (GLOB).
Who are Cars.com's key executives?
Cars.com's management team includes the folowing people:
- Mr. T. Alex Vetter, Co-Founder, CEO, Pres & Director (Age 47)
- Mr. James F. Rogers, Chief Legal Officer (Age 65)
- Mr. John Clavadetscher, Chief Revenue Officer (Age 44)
- Mr. William Swislow, Co-Founder
- Ms. Becky A. Sheehan, Exec. VP, CFO & Principal Accounting Officer (Age 52)
Who are Cars.com's major shareholders?
Cars.com's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.01%), Dimensional Fund Advisors LP (7.79%), Jackson Square Partners LLC (6.34%), New South Capital Management Inc. (3.20%), Fiduciary Management Inc. WI (2.65%) and River Road Asset Management LLC (2.37%). Company insiders that own Cars.com stock include Scott E Forbes and Thomas Alex Vetter. View Institutional Ownership Trends for Cars.com.
Which major investors are selling Cars.com stock?
CARS stock was sold by a variety of institutional investors in the last quarter, including Newport Trust Co, Catalus Capital Management LLC, Pinnacle Associates Ltd., BlackRock Inc., New South Capital Management Inc., Bank of New York Mellon Corp, Russell Investments Group Ltd. and Jackson Square Partners LLC. View Insider Buying and Selling for Cars.com.
Which major investors are buying Cars.com stock?
CARS stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Anavon Capital LLP, Renaissance Technologies LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Wells Fargo & Company MN, Alliancebernstein L.P. and Bridgeway Capital Management Inc.. Company insiders that have bought Cars.com stock in the last two years include Scott E Forbes and Thomas Alex Vetter. View Insider Buying and Selling for Cars.com.
How do I buy shares of Cars.com?
Shares of CARS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Cars.com's stock price today?
One share of CARS stock can currently be purchased for approximately $25.78.
How big of a company is Cars.com?
Cars.com has a market capitalization of $1.76 billion and generates $626.26 million in revenue each year. The company earns $224.44 million in net income (profit) each year or $2.28 on an earnings per share basis. Cars.com employs 1,100 workers across the globe.
What is Cars.com's official website?
How can I contact Cars.com?
Cars.com's mailing address is 300 S. RIVERSIDE PLAZA SUITE 1000, CHICAGO IL, 60606. The company can be reached via phone at 312-601-5000 or via email at [email protected]
MarketBeat Community Rating for Cars.com (NYSE CARS)
MarketBeat's community ratings are surveys of what our community members think about Cars.com and other stocks. Vote "Outperform" if you believe CARS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CARS will underperform the S&P 500 over the long term. You may vote once every thirty days.
