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NYSE:CARS

Cars.com Stock Forecast, Price & News

$8.72
-0.41 (-4.49 %)
(As of 09/17/2020 12:00 AM ET)
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Today's Range
$8.56
Now: $8.72
$8.90
50-Day Range
$6.89
MA: $8.63
$9.67
52-Week Range
$3.25
Now: $8.72
$13.55
Volume1.13 million shs
Average Volume1.60 million shs
Market Capitalization$585.98 million
P/E RatioN/A
Dividend YieldN/A
Beta2.16
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.3Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.01 out of 5 stars


Industry, Sector and Symbol

Industry Data processing & preparation
Sub-IndustryN/A
Previous SymbolNASDAQ:CARS
CUSIPN/A
Phone312-601-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$606.68 million
Cash Flow$10.02 per share
Book Value$17.09 per share

Profitability

Net Income$-445,320,000.00
Net Margins-224.10%

Miscellaneous

Employees1,500
Market Cap$585.98 million
Next Earnings Date11/4/2020 (Estimated)
OptionableOptionable
$8.72
-0.41 (-4.49 %)
(As of 09/17/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Cars.com (NYSE:CARS) Frequently Asked Questions

How has Cars.com's stock price been impacted by COVID-19?

Cars.com's stock was trading at $6.13 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CARS stock has increased by 42.3% and is now trading at $8.72.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Cars.com?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cars.com in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Cars.com
.

When is Cars.com's next earnings date?

Cars.com is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for Cars.com
.

How were Cars.com's earnings last quarter?

Cars.com Inc. (NYSE:CARS) issued its quarterly earnings results on Thursday, July, 30th. The company reported $0.12 EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.66) by $0.78. The firm earned $102.01 million during the quarter, compared to analyst estimates of $94.32 million. Cars.com had a positive return on equity of 11.67% and a negative net margin of 224.10%.
View Cars.com's earnings history
.

What price target have analysts set for CARS?

7 brokerages have issued 12 month price objectives for Cars.com's shares. Their forecasts range from $7.50 to $16.00. On average, they anticipate Cars.com's share price to reach $10.58 in the next twelve months. This suggests a possible upside of 21.4% from the stock's current price.
View analysts' price targets for Cars.com
.

Are investors shorting Cars.com?

Cars.com saw a decrease in short interest in the month of August. As of August 14th, there was short interest totaling 7,710,000 shares, a decrease of 12.6% from the July 30th total of 8,820,000 shares. Based on an average daily trading volume, of 1,430,000 shares, the short-interest ratio is presently 5.4 days. Currently, 11.7% of the shares of the stock are sold short.
View Cars.com's Short Interest
.

Who are some of Cars.com's key competitors?

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), Micron Technology (MU), Pfizer (PFE), Advanced Micro Devices (AMD), NVIDIA (NVDA), QUALCOMM (QCOM), Costco Wholesale (COST), Intel (INTC), Alibaba Group (BABA) and Lowe's Companies (LOW).

Who are Cars.com's key executives?

Cars.com's management team includes the following 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)

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 many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.18%), Ninety One UK Ltd (7.49%), Prudential Financial Inc. (3.38%), LSV Asset Management (3.30%), Federated Hermes Inc. (2.97%) and Goldman Sachs Group Inc. (1.49%). Company insiders that own Cars.com stock include Becky A Sheehan, Bryan Wiener, Douglas Neal Miller, James F Rogers, Jr Donald A Mcgovern, Michael Joseph Kelly and Thomas Alex Vetter.
View institutional ownership trends for Cars.com
.

Which institutional investors are selling Cars.com stock?

CARS stock was sold by a variety of institutional investors in the last quarter, including Ninety One UK Ltd, Sessa Capital IM L.P., Vanguard Group Inc., Goldman Sachs Group Inc., LSV Asset Management, Formula Growth Ltd., Prudential Financial Inc., and Cubist Systematic Strategies LLC.
View insider buying and selling activity for Cars.com
.

Which institutional investors are buying Cars.com stock?

CARS stock was acquired by a variety of institutional investors in the last quarter, including Federated Hermes Inc., River & Mercantile Asset Management LLP, Tocqueville Asset Management L.P., Grantham Mayo Van Otterloo & Co. LLC, RBF Capital LLC, Bridgeway Capital Management Inc., Leap Investments LP, and Tudor Investment Corp Et Al. Company insiders that have bought Cars.com stock in the last two years include Becky A Sheehan, Bryan Wiener, James F Rogers, Jr Donald A Mcgovern, Michael Joseph Kelly, and Thomas Alex Vetter.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Cars.com's stock price today?

One share of CARS stock can currently be purchased for approximately $8.72.

How big of a company is Cars.com?

Cars.com has a market capitalization of $585.98 million and generates $606.68 million in revenue each year. The company earns $-445,320,000.00 in net income (profit) each year or $1.45 on an earnings per share basis. Cars.com employs 1,500 workers across the globe.

What is Cars.com's official website?

The official website for Cars.com is www.cars.com.

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]ars.com.

This page was last updated on 9/18/2020 by MarketBeat.com Staff

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