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NYSE:CARSCars.com Stock Price, Forecast & News

$8.69
-0.07 (-0.80 %)
(As of 08/5/2020 04:00 PM ET)
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Today's Range
$8.60
Now: $8.69
$9.05
50-Day Range
$5.55
MA: $6.33
$8.77
52-Week Range
$3.25
Now: $8.69
$13.55
Volume1.29 million shs
Average Volume1.67 million shs
Market Capitalization$583.97 million
P/E RatioN/A
Dividend YieldN/A
Beta2.19
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: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.96 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$9.76 per share
Book Value$4.89 per share

Profitability

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

Miscellaneous

Employees1,500
Market Cap$583.97 million
Next Earnings Date11/4/2020 (Estimated)
OptionableOptionable
$8.69
-0.07 (-0.80 %)
(As of 08/5/2020 04:00 PM 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 been impacted by COVID-19 (Coronavirus)?

Cars.com's stock was trading at $6.13 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CARS shares have increased by 41.8% and is now trading at $8.69.
View which stocks have been most impacted by Coronavirus
.

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) announced its earnings results on Thursday, July, 30th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.66) by $0.78. The business 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 analysts have issued 12-month target prices for Cars.com's shares. Their forecasts range from $7.50 to $16.00. On average, they expect Cars.com's share price to reach $10.58 in the next twelve months. This suggests a possible upside of 21.8% from the stock's current price.
View analysts' price targets 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. " (8/5/2020)
  • 2. Barrington Research analysts commented, "We acknowledge that the stock remains undervalued, yet we see no short-term catalyst to improve the underlying stock price unless potential suitors come back into the fold due to the stock price decline of over 30% yesterday. Company Description Cars.com, Inc. engages in the provision of automotive products and services through online automotive classifieds. It offers a digital automotive marketplace search engine, which connects buyers and sellers." (8/6/2019)

Has Cars.com been receiving favorable news coverage?

Media stories about CARS stock have been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Cars.com earned a coverage optimism score of -1.4 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term.
View the latest news about Cars.com
.

Are investors shorting Cars.com?

Cars.com saw a decline in short interest in June. As of June 30th, there was short interest totaling 8,520,000 shares, a decline of 16.5% from the June 15th total of 10,200,000 shares. Based on an average trading volume of 2,170,000 shares, the short-interest ratio is presently 3.9 days. Currently, 12.9% of the company's stock are short sold.
View Cars.com's Current Options Chain
.

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 United Continental (UAL), NVIDIA (NVDA), Avon Products (AVP), Walt Disney (DIS), Alibaba Group (BABA), Lowe's Companies (LOW), Southwest Airlines (LUV), Advanced Micro Devices (AMD), Micron Technology (MU) and Roku (ROKU).

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 shareholders include LSV Asset Management (3.30%), Sicart Associates LLC (1.42%), Swiss National Bank (0.22%), Leap Investments LP (0.10%), UBS Group AG (0.09%) and SG Americas Securities LLC (0.09%). Company insiders that own Cars.com stock include Becky A Sheehan, Bryan Wiener, James F Rogers, Jr Donald A Mcgovern, Michael Joseph Kelly and Thomas Alex Vetter.
View institutional ownership trends for Cars.com
.

Which major investors are selling Cars.com stock?

CARS stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, Sicart Associates LLC, Russell Investments Group Ltd., and Nisa Investment Advisors LLC.
View insider buying and selling activity for Cars.com
.

Which major investors are buying Cars.com stock?

CARS stock was bought by a variety of institutional investors in the last quarter, including Leap Investments LP, UBS Group AG, SG Americas Securities LLC, Swiss National Bank, XTX Markets LLC, Fifth Third Bancorp, and Stone Ridge Asset Management LLC. 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 $8.69.

How big of a company is Cars.com?

Cars.com has a market capitalization of $583.97 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]

This page was last updated on 8/6/2020 by MarketBeat.com Staff

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