NYSE:CARS Cars.com (CARS) Stock Forecast, Price & News $16.90 +0.34 (+2.05%) (As of 09/27/2023 ET) Add Compare Share Share Today's Range$16.69▼$17.0450-Day Range$16.56▼$22.8252-Week Range$10.95▼$22.84Volume248,644 shsAverage Volume425,444 shsMarket Capitalization$1.12 billionP/E Ratio10.24Dividend 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/Downside36.4% Upside$23.21 Price TargetShort InterestHealthy2.43% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.32Based 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.2.61 out of 5 starsRetail/Wholesale Sector33rd out of 210 stocksData Processing & Preparation Industry6th out of 61 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 36.4% from its current price of $17.02.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 1.5 News and Social Media Coverage News SentimentCars.com has a news sentiment score of -0.32. 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 0.63 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 58 news articles for Cars.com this week, compared to 24 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 -75% compared to the previous 30 days.MarketBeat Follows3 people have added Cars.com to their MarketBeat watchlist in the last 30 days. This is an increase of 200% 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 10.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.05.Price to Earnings Ratio vs. SectorThe P/E ratio of Cars.com is 10.32, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 19.99.Price to Book Value per Share RatioCars.com has a P/B Ratio of 2.95. 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 upsideAugust 30, 2023 | marketbeat.comWhy 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 twoSeptember 27, 2023 | Legacy Research (Ad)ATTENTION: Digital Dollar Could Send this $0.25 Play SkyrocketingIn 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.September 27, 2023 | news.yahoo.comDriver who hit multiple cars during chase found with cocaine, alcohol, Lake City police saySeptember 27, 2023 | cbsnews.comDublin man gets federal prison for attempting to steal cars from FBISeptember 27, 2023 | msn.comStewart-Haas Racing to run 'Talladega Nights' tribute cars with Ryan Preece, Chase Briscoe at TalladegaSeptember 27, 2023 | msn.comThe companies electrifying America’s cars—yes, including Tesla—top Fortune’s 2023 Change the World listSeptember 27, 2023 | finance.yahoo.comCARS.COM FINDS AMERICANS PAY A PREMIUM FOR PICKUP TRUCK 'COOL FACTOR'September 27, 2023 | Chaikin Analytics (Ad)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.September 26, 2023 | msn.comGreat people’s cars: the motors that got the world movingSeptember 26, 2023 | msn.com10-year-old boy takes control of Bobcat construction vehicle in Pittsburgh, damages multiple carsSeptember 26, 2023 | news.yahoo.comWhy Ban CO2-Emitting Cars If the Market's Moving Against Them Already?September 26, 2023 | news.yahoo.comTalladega Nights Tribute Cars Will Race in NASCAR This WeekendSeptember 26, 2023 | msn.comShould Autoworkers Fear Electric Cars?September 26, 2023 | msn.comCustomers Are Clamoring For Cheap Cars That U.S. Automakers Stopped ProducingSeptember 26, 2023 | businessinsider.comVehicle-related deaths are rising even though cars are built safer than ever. The popularity of larger vehicles may be to blame.September 26, 2023 | msn.comUsed cars are older, pricier. 3 things to think about when shopping for a previously owned vehicleSeptember 26, 2023 | news.yahoo.comSwitch to electric cars and heat pumps at risk after weakening of climate targetsSeptember 26, 2023 | abcnews.go.comNew cars are supposed to be getting safer. So why are fatalities on the rise?September 26, 2023 | msn.comThese are 2023’s safest new carsSeptember 26, 2023 | msn.com6 yet-to-be-released electric cars we can't wait to driveSeptember 26, 2023 | cbsnews.comChild takes control of Bobcat construction vehicle, damages multiple carsSeptember 25, 2023 | techcrunch.comNavigating the Evolving Landscape of Robotics, AI and Self-Driving CarsSeptember 25, 2023 | news.yahoo.comBicyclist dies after struck by 2 cars in hit-and-run crash on Horizon BoulevardSeptember 25, 2023 | apnews.comEU member states weaken proposal setting new emission standards for cars and vansSeptember 25, 2023 | news.yahoo.comSocial media posts show damage to cars, houses from severe hail storm in Austin areaSeptember 25, 2023 | forbes.comRoad Test: Driverless Cars Reduce Injuries To ZeroSee 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 Earnings8/03/2023Today9/27/2023Next 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+36.7%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$1.65 Trailing P/E Ratio10.29 Forward P/E Ratio38.59 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 / Sales1.73 Cash Flow$1.72 per share Price / Cash Flow9.89 Book Value$5.77 per share Price / Book2.94Miscellaneous Outstanding Shares66,470,000Free Float65,411,000Market Cap$1.13 billion OptionableOptionable Beta2.02 Social Links 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. 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 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 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 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. 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