NYSE:CARS - Cars.com Stock Price, Forecast & News

Cars.com trades on the New York Stock Exchange (NYSE) under the ticker symbol "CARS."

Cars.com Inc. (NYSE:CARS) issued its quarterly earnings results on Wednesday, November, 6th. The company reported $0.32 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.26 by $0.06. The company earned $152.10 million during the quarter, compared to analyst estimates of $150.23 million. Cars.com had a negative net margin of 69.79% and a positive return on equity of 6.14%. Cars.com's quarterly revenue was down 10.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.55 EPS. View Cars.com's Earnings History.

Cars.com is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Cars.com.

8 Wall Street analysts have issued 12 month price objectives for Cars.com's shares. Their forecasts range from $15.00 to $37.50. On average, they expect Cars.com's share price to reach $24.36 in the next twelve months. This suggests a possible upside of 87.9% from the stock's current price. View Analyst Price Targets for Cars.com.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cars.com in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cars.com.

Headlines about CARS stock have been trending extremely negative on Tuesday, InfoTrie Sentiment reports. The research group ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Cars.com earned a news impact score of -4.0 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact on the stock's share price in the near future. View News Stories for Cars.com.

Cars.com saw a drop in short interest during the month of December. As of December 31st, there was short interest totalling 9,170,000 shares, a drop of 5.8% from the December 15th total of 9,730,000 shares. Based on an average daily volume of 902,400 shares, the short-interest ratio is currently 10.2 days. Currently, 13.9% of the company's stock are short sold. View Cars.com's Current Options Chain.

Some companies that are related to Cars.com include Inovalon (INOV), LiveRamp (RAMP), Evertec (EVTC), Change Healthcare (CHNG), 8X8 (EGHT), Yext (YEXT), CSG Systems International (CSGS), Shutterstock (SSTK), SciPlay (SCPL), So-Young International (SY), Computer Services (CSVI), Upwork (UPWK), Bitauto (BITA), Trivago (TRVG) and Carbonite (CARB).

Based on aggregate information from My MarketBeat watchlists, some companies that other Cars.com investors own include Avon Products (AVP), AbbVie (ABBV), Cloudera (CLDR), Costco Wholesale (COST), Advanced Micro Devices (AMD), NVIDIA (NVDA), Roku (ROKU), Stitch Fix (SFIX), Sonos (SONO) and Alibaba Group (BABA).

Cars.com's stock is owned by many different of retail and institutional investors. Top institutional investors include Tocqueville Asset Management L.P. (0.87%) and CLARET ASSET MANAGEMENT Corp (0.03%). Company insiders that own Cars.com stock include Becky A Sheehan, James F Rogers, Jr Donald A Mcgovern, Michael Joseph Kelly, Scott E Forbes and Thomas Alex Vetter. View Institutional Ownership Trends for Cars.com.

CARS stock was sold by a variety of institutional investors in the last quarter, including CLARET ASSET MANAGEMENT Corp. View Insider Buying and Selling for Cars.com.

CARS stock was purchased by a variety of institutional investors in the last quarter, including Tocqueville Asset Management L.P.. Company insiders that have bought Cars.com stock in the last two years include Becky A Sheehan, James F Rogers, Jr Donald A Mcgovern, Michael Joseph Kelly, Scott E Forbes and Thomas Alex Vetter. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of CARS stock can currently be purchased for approximately $12.96.

Cars.com has a market capitalization of $865.21 million and generates $662.13 million in revenue each year. The company earns $38.81 million in net income (profit) each year or $1.82 on an earnings per share basis. Cars.com employs 1,400 workers across the globe.View Additional Information About Cars.com.

The official website for Cars.com is http://www.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]