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

$10.66
-0.36 (-3.27 %)
(As of 09/17/2019 11:20 AM ET)
Today's Range
$10.49
Now: $10.66
$10.9050
50-Day Range
$8.28
MA: $10.85
$20.01
52-Week Range
$8.23
Now: $10.66
$28.50
Volume402,176 shs
Average Volume1.60 million shs
Market Capitalization$710.70 million
P/E Ratio5.86
Dividend YieldN/A
Beta1.03
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$662.13 million
Cash Flow$2.9611 per share
Book Value$23.73 per share

Profitability

Net Income$38.81 million

Miscellaneous

Employees1,400
Market Cap$710.70 million
Next Earnings Date11/6/2019 (Estimated)
OptionableOptionable

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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) announced its earnings results on Monday, August, 5th. The company reported $0.30 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.38 by $0.08. The company had revenue of $148.20 million for the quarter, compared to analyst estimates of $160.18 million. Cars.com had a return on equity of 6.51% and a net margin of 1.59%. Cars.com's revenue for the quarter was down 12.0% on a year-over-year basis. During the same quarter in the previous 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 Wednesday, November 6th 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 2019 earnings guidance on Monday, August, 5th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $701.85462-721.71843 million, compared to the consensus revenue estimate of $645.49 million.

What price target have analysts set for CARS?

7 equities research analysts have issued 1 year target prices for Cars.com's stock. Their predictions range from $15.00 to $37.50. On average, they expect Cars.com's share price to reach $24.3571 in the next year. This suggests a possible upside of 130.7% from the stock's current price. View Analyst Price Targets for Cars.com.

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

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cars.com in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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. " (8/12/2019)
  • 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?

Press coverage about CARS stock has been trending negative this week, InfoTrie Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Cars.com earned a news sentiment score of -2.9 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for Cars.com.

Are investors shorting Cars.com?

Cars.com saw a drop in short interest in the month of August. As of August 31st, there was short interest totalling 12,168,100 shares, a drop of 32.1% from the July 31st total of 17,929,400 shares. Based on an average daily trading volume, of 1,570,000 shares, the days-to-cover ratio is currently 7.8 days. Currently, 18.5% of the shares of the stock are sold short. 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 Avon Products (AVP), Costco Wholesale (COST), Weibo (WB), Cloudera (CLDR), Tailored Brands (TLRD), NVIDIA (NVDA), Roku (ROKU), Alibaba Group (BABA), Mcdonald's (MCD) and UnitedHealth Group (UNH).

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 institutional and retail investors. Top institutional investors include BlackRock Inc. (11.70%), Vanguard Group Inc. (8.99%), Fiduciary Management Inc. WI (2.66%), Nuveen Asset Management LLC (2.54%), Sapience Investments LLC (2.38%) and Northern Trust Corp (1.58%). 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.

Which institutional investors are selling Cars.com stock?

CARS stock was sold by a variety of institutional investors in the last quarter, including Investec Asset Management LTD, Vanguard Group Inc., Wells Fargo & Company MN, Prudential Financial Inc., Balyasny Asset Management LLC, Ancora Advisors LLC, SG Americas Securities LLC and Jane Street Group LLC. View Insider Buying and Selling for Cars.com.

Which institutional investors are buying Cars.com stock?

CARS stock was purchased by a variety of institutional investors in the last quarter, including Polar Asset Management Partners Inc., Polar Asset Management Partners Inc., Nuveen Asset Management LLC, BlackRock Inc., Sapience Investments LLC, Omni Partners LLP, JPMorgan Chase & Co. and Invesco Ltd.. 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.

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 $10.56.

How big of a company is Cars.com?

Cars.com has a market capitalization of $704.04 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.

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:  2.4 out of 5 (star star)
Outperform Votes:  178 (Vote Outperform)
Underperform Votes:  186 (Vote Underperform)
Total Votes:  364
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 9/17/2019 by MarketBeat.com Staff

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