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

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$23.18 +0.03 (+0.13 %)
(As of 12/19/2018 02:45 AM ET)
Previous Close$23.15
Today's Range$22.67 - $23.65
52-Week Range$22.67 - $32.94
Volume795,000 shs
Average Volume1.05 million shs
Market Capitalization$1.62 billion
P/E Ratio9.95
Dividend YieldN/A
Beta0.21
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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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 Ratio9.95
Forward P/E Ratio12.53
P/E Growth2.55

Sales & Book Value

Annual Sales$626.26 million
Price / Sales2.54
Cash Flow$3.1198 per share
Price / Cash Flow7.43
Book Value$23.44 per share
Price / Book0.99

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$1.62 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) posted its quarterly earnings data on Wednesday, November, 7th. The company reported $0.52 EPS for the quarter, missing analysts' consensus estimates of $0.53 by $0.01. The firm had revenue of $169.30 million for the quarter, compared to analysts' expectations of $168.04 million. Cars.com had a net margin of 27.69% and a return on equity of 7.77%. Cars.com's quarterly revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.48 earnings per share. View Cars.com's Earnings History.

When is Cars.com's next earnings date?

Cars.com is scheduled to release their next quarterly earnings announcement on Tuesday, March 5th 2019. View Earnings Estimates for Cars.com.

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?

6 equities research analysts have issued 1 year price objectives for Cars.com's stock. Their forecasts range from $27.00 to $42.50. On average, they anticipate Cars.com's stock price to reach $34.8750 in the next year. This suggests a possible upside of 50.5% from the stock's current price. View Analyst Price Targets for Cars.com.

What is the consensus analysts' recommendation for Cars.com?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cars.com in the last year. There are currently 3 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. 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. " (12/5/2018)
  • 2. 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)
  • 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?

Media coverage about CARS stock has been trending somewhat positive this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Cars.com earned a news impact score of 1.3 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term.

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

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 number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.01%), Vanguard Group Inc (9.28%), Vanguard Group Inc. (9.28%), Starboard Value LP (9.18%), Dimensional Fund Advisors LP (7.79%) and Jackson Square Partners LLC (6.34%). Company insiders that own Cars.com stock include Scott E Forbes 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 Newport Trust Co, Catalus Capital Management LLC, Pinnacle Associates Ltd., BlackRock Inc., Fairpointe Capital LLC, New South Capital Management Inc., Mackenzie Financial Corp and Bank of New York Mellon Corp. View Insider Buying and Selling 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 Dimensional Fund Advisors LP, Starboard Value LP, Philadelphia Financial Management of San Francisco LLC, Anavon Capital LLP, Silver Point Capital L.P., Renaissance Technologies LLC, JPMorgan Chase & Co. and JPMorgan Chase & Co.. 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 $23.18.

How big of a company is Cars.com?

Cars.com has a market capitalization of $1.62 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?

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


MarketBeat Community Rating for Cars.com (NYSE CARS)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  128 (Vote Outperform)
Underperform Votes:  119 (Vote Underperform)
Total Votes:  247
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.
This page was last updated on 12/19/2018 by MarketBeat.com Staff

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