Should I buy or sell Cars.com stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cars.com in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?

4 analysts have issued 12-month price targets for Cars.com's stock. Their CARS share price targets range from $20.00 to $26.00. On average, they expect the company's stock price to reach $24.00 in the next twelve months. This suggests a possible upside of 48.5% 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 2024?

Cars.com's stock was trading at $18.97 at the beginning of 2024. Since then, CARS stock has decreased by 14.8% and is now trading at $16.16. View the best growth stocks for 2024 here .

Are investors shorting Cars.com?

Cars.com saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 1,620,000 shares, a decrease of 10.0% from the March 15th total of 1,800,000 shares. Based on an average daily trading volume, of 378,100 shares, the short-interest ratio is currently 4.3 days. Approximately 2.7% of the company's shares are sold short. 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, May 2nd 2024. View our CARS earnings forecast .

How were Cars.com's earnings last quarter?

Cars.com Inc. (NYSE:CARS) announced its earnings results on Thursday, February, 22nd. The company reported $0.12 EPS for the quarter, missing analysts' consensus estimates of $0.19 by $0.07. The company earned $179.60 million during the quarter, compared to analysts' expectations of $178.40 million. Cars.com had a trailing twelve-month return on equity of 25.78% and a net margin of 17.19%. The business's revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter last year, the business posted $0.15 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 S&P SmallCap Utilities & Communication Services ETF (PSCU) , SPDR S&P Internet ETF (XWEB) and First Trust Small Cap Growth AlphaDEX Fund (FYC) . Hartford Longevity Economy ETF (HLGE) .

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

Cars.com issued an update on its first quarter 2024 earnings guidance on Thursday, February, 22nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $179.0 million-$181.0 million, compared to the consensus revenue estimate of $180.5 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) .

Who are Cars.com's major shareholders?

Cars.com's stock is owned by a variety of institutional and retail investors. Top institutional investors include Park Avenue Securities LLC (0.02%). Insiders that own company stock include Angelique Strong Marks, Bryan Wiener, Douglas Neal Miller , James F Rogers , Jr Donald A Mcgovern, Sonia Jain, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

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

NYSE:CARS

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

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Free CARS Stock Alerts

$16.16

0.00 (0.00%)

(As of 04/18/2024 ET)

Compare

Today's Range: $16.16
▼
$16.48
50-Day Range: $16.08
▼
$19.39
52-Week Range: $14.82
▼
$22.84

Volume: 244,318 shs
Average Volume: 367,470 shs
Market Capitalization: $1.06 billion

P/E Ratio: 9.34
Dividend Yield: N/A
Price Target: $24.00

Get Cars.com alerts:

Cars.com MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 48.5% Upside
$24.00 Price Target
Short Interest: Healthy
2.71% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.07
Based on 83 Articles This Week
Insider Trading: Selling Shares
$654,360 Sold Last Quarter
Proj. Earnings Growth: 36.36%
From $0.55 to $0.75 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.66 out of 5 stars

Retail/Wholesale Sector

75th out of 198 stocks

Data Processing & Preparation Industry

13th out of 55 stocks

3.4

Analyst's Opinion

Consensus Rating
Cars.com has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Cars.com has only been the subject of 1 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
2.71% of the float of Cars.com has been sold short.
Short Interest Ratio / Days to Cover
Cars.com has a short interest ratio ("days to cover") of 4.3.
Change versus previous month
Short interest in Cars.com has recently decreased by 10.00%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Cars.com does not currently pay a dividend.
Dividend Growth
Cars.com does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CARS.

1.1

News and Social Media Coverage

News Sentiment
Cars.com has a news sentiment score of -0.07. 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 0.50 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 83 news articles for Cars.com this week, compared to 56 articles on an average week.
Search Interest
Only 1 people have searched for CARS on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Cars.com to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In 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 $654,360.00 in company stock.
Percentage Held by Insiders
Only 1.59% of the stock of Cars.com is held by insiders.
Percentage Held by Institutions
89.15% of the stock of Cars.com is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Cars.com are expected to grow by 36.36% in the coming year, from $0.55 to $0.75 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cars.com is 9.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.71.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cars.com is 9.34, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 22.65.
Price to Book Value per Share Ratio
Cars.com has a P/B Ratio of 2.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Cars.com Stock (NYSE:CARS)

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 Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CARS Stock News Headlines

April 18, 2024 | msn.com

Exclusive: Mercedes becomes the first automaker to sell autonomous cars in the U.S. that don’t come with a requirement that drivers watch the road

April 18, 2024 | cbsnews.com

BART set to run train of legacy rail cars one final time Saturday afternoon

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 18, 2024 | msn.com

Several arrested, cars seized after street takeovers in Hickory

April 18, 2024 | wsj.com

Test Your Knowledge About Electric Cars With Our Quiz

April 18, 2024 | msn.com

Half of US states revolt against EPA crackdown on gas cars with major legal challenge

April 18, 2024 | msn.com

Tesla cars are getting a massive software update. Here's everything we know.

April 18, 2024 | yahoo.com

Autotrader's List Of Best New Cars 2024

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 18, 2024 | yahoo.com

Movie cars, vintage cars, pricey cars this weekend at the Barrett-Jackson auction and show

April 18, 2024 | msn.com

Republican-led states sue to block US rules curbing tailpipe emissions in cars, light trucks

April 18, 2024 | msn.com

Here’s why Ford is recalling over 456K Bronco Sport and Maverick cars

April 18, 2024 | bloomberg.com

China’s Ecarx Wants to Make High-Tech Cars Even Smarter

April 18, 2024 | msn.com

The 12 best cars and SUVs for shorter people

April 18, 2024 | newsweek.com

Mercedes-Benz Goes Beyond Cars to Make Cities Greener

April 18, 2024 | msn.com

BYD Is Going Luxury. See the New Cars That Will Go Head to Head With Tesla.

April 17, 2024 | msn.com

8 Practical Family Cars for Buyers on a Tight Budget

April 17, 2024 | msn.com

Rapper Tekashi 6ix9ine’s Florida home raided by IRS, cars and other items seized

April 17, 2024 | msn.com

Ford recalls more than 456,000 Bronco Sport and Maverick cars. Here's why

April 17, 2024 | msn.com

Mother leaves notes on cars blocking pavement after they force her pram into road

April 17, 2024 | msn.com

Verstappen opposes possible new race: 'Cars don't come into their own at all'

April 17, 2024 | msn.com

Watch driver smash into police cars during chase

April 17, 2024 | msn.com

BYD’s Push Into Electric SUVs and Premium Cars Is a Threat to More Than Just Tesla

April 17, 2024 | benzinga.com

No More Inventory Discounts On Tesla Cars As CEO Elon Musk Says Sales System Has Turned 'Complex And Inefficient'

April 17, 2024 | benzinga.com

No More Inventory Discounts On Tesla Cars As CEO Elon Musk Says Sales System Has Turned 'Complex And Inefficient'

April 17, 2024 | msn.com

Felix Rosenqvist wants to stop wrecking cars and live up to his potential with Meyer-Shank

April 17, 2024 | msn.com

Toyota recalls Prius cars, halts orders due to door handle fault

See More Headlines

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Company Calendar

Last Earnings: 2/22/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/02/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Retail/Wholesale
Industry: Data processing & preparation
Sub-Industry: N/A
Current Symbol: NYSE:CARS
Previous Symbol: NASDAQ:CARS
CUSIP: N/A
CIK: 1683606
Web: www.cars.com
Phone: 312-601-5000
Fax: 312-601-5755
Employees: 1,700
Year Founded: 1998

Price Target and Rating

Average Stock Price Target: $24.00
High Stock Price Target: $26.00
Low Stock Price Target: $20.00
Potential Upside/Downside: +48.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.73
Trailing P/E Ratio: 9.35
Forward P/E Ratio: 29.40
P/E Growth: N/A
Net Income: $118.44 million
Net Margins: 17.19%
Pretax Margin: 2.63%
Return on Equity: 25.78%
Return on Assets: 10.86%

Debt

Debt-to-Equity Ratio: 0.93
Current Ratio: 1.22
Quick Ratio: 1.22

Sales & Book Value

Annual Sales: $689.18 million
Price / Sales: 1.54
Cash Flow: $3.35 per share
Price / Cash Flow: 4.83
Book Value: $7.43 per share
Price / Book: 2.18

Miscellaneous

Outstanding Shares: 65,710,000
Free Float: 64,669,000
Market Cap: $1.06 billion
Optionable: Optionable
Beta: 2.05

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Key Executives

Mr. 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 Swislow
Co-Founder
Ms. Becky A. Sheehan (Age 52)
Exec. VP, CFO & Principal Accounting Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CARS Stock Analysis - Frequently Asked Questions

Should I buy or sell Cars.com stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cars.com in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?: 4 analysts have issued 12-month price targets for Cars.com's stock. Their CARS share price targets range from $20.00 to $26.00. On average, they expect the company's stock price to reach $24.00 in the next twelve months. This suggests a possible upside of 48.5% 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 2024?: Cars.com's stock was trading at $18.97 at the beginning of 2024. Since then, CARS stock has decreased by 14.8% and is now trading at $16.16.
View the best growth stocks for 2024 here.
Are investors shorting Cars.com?: Cars.com saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 1,620,000 shares, a decrease of 10.0% from the March 15th total of 1,800,000 shares. Based on an average daily trading volume, of 378,100 shares, the short-interest ratio is currently 4.3 days. Approximately 2.7% of the company's shares are sold short.
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, May 2nd 2024.
View our CARS earnings forecast.
How were Cars.com's earnings last quarter?: Cars.com Inc. (NYSE:CARS) announced its earnings results on Thursday, February, 22nd. The company reported $0.12 EPS for the quarter, missing analysts' consensus estimates of $0.19 by $0.07. The company earned $179.60 million during the quarter, compared to analysts' expectations of $178.40 million. Cars.com had a trailing twelve-month return on equity of 25.78% and a net margin of 17.19%. The business's revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter last year, the business posted $0.15 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 S&P SmallCap Utilities & Communication Services ETF (PSCU), SPDR S&P Internet ETF (XWEB) and First Trust Small Cap Growth AlphaDEX Fund (FYC).Hartford Longevity Economy ETF (HLGE).

What guidance has Cars.com issued on next quarter's earnings?: Cars.com issued an update on its first quarter 2024 earnings guidance on Thursday, February, 22nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $179.0 million-$181.0 million, compared to the consensus revenue estimate of $180.5 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).
Who are Cars.com's major shareholders?: Cars.com's stock is owned by a variety of institutional and retail investors. Top institutional investors include Park Avenue Securities LLC (0.02%). Insiders that own company stock include Angelique Strong Marks, Bryan Wiener, Douglas Neal Miller, James F Rogers, Jr Donald A Mcgovern, Sonia Jain, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
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

This page (NYSE:CARS) was last updated on 4/18/2024 by MarketBeat.com Staff

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

Cars.com MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Cars.com Stock (NYSE:CARS)

CARS Stock Price History

CARS Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

CARS Stock Analysis - Frequently Asked Questions

Overall MarketRank^™