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

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$21.67 +0.29 (+1.36 %)
(As of 05/24/2019 12:56 PM ET)
Previous Close$21.38
Today's Range$21.34 - $21.70
52-Week Range$19.74 - $32.94
Volume7,034 shs
Average Volume1.06 million shs
Market Capitalization$1.44 billion
P/E Ratio11.88
Dividend YieldN/A
Beta1.07
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

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$3.0055 per share
Book Value$23.90 per share

Profitability

Net Income$38.81 million

Miscellaneous

Employees1,400
Market Cap$1.44 billion
Next Earnings Date8/14/2019 (Estimated)
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) issued its earnings results on Friday, May, 10th. The company reported $0.28 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.30 by $0.02. The firm earned $154.20 million during the quarter, compared to analysts' expectations of $152.29 million. Cars.com had a return on equity of 7.34% and a net margin of 4.40%. Cars.com's quarterly revenue was down 3.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.39 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, August 14th 2019. View Earnings Estimates for Cars.com.

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

Cars.com updated its FY 2019 earnings guidance on Friday, May, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $629.02065-675.36954 million, compared to the consensus revenue estimate of $648.93 million.

What price target have analysts set for CARS?

7 brokers have issued 1 year target prices for Cars.com's shares. Their predictions range from $23.00 to $37.50. On average, they expect Cars.com's stock price to reach $28.4167 in the next year. This suggests a possible upside of 31.3% 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. Barrington Research analysts commented, "We believe Q1/19 should show continued progress in key metrics including increases in average monthly unique visitors, traffic visits and mobile traffic, increases in monthly average revenue per dealer (ARPD), as well as success with new products." (5/6/2019)
  • 2. 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. " (5/1/2019)
  • 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?

News headlines about CARS stock have trended positive recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Cars.com earned a news sentiment score of 2.3 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term.

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), Tailored Brands (TLRD), Costco Wholesale (COST), United Continental (UAL), Weibo (WB), Cloudera (CLDR), Walmart (WMT), Adobe (ADBE), AlarmCom (ALRM) and NVIDIA (NVDA).

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 many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.39%), Dimensional Fund Advisors LP (8.67%), Investec Asset Management LTD (6.92%), Jackson Square Partners LLC (5.61%), FIL Ltd (4.13%) and Sapience Investments LLC (2.06%). Company insiders that own Cars.com stock include Scott E Forbes 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 Jackson Square Partners LLC, Wells Fargo & Company MN, River Road Asset Management LLC, FIL Ltd, Macquarie Group Ltd., BlackRock Inc., PNC Financial Services Group Inc. and Investec Asset Management LTD. View Insider Buying and Selling 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 Sapience Investments LLC, FMR LLC, Neuberger Berman Group LLC, New York State Common Retirement Fund, Poehling Capital Management LLC, Man Group plc, SEI Investments Co and Marshall Wace North America L.P.. 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 $21.65.

How big of a company is Cars.com?

Cars.com has a market capitalization of $1.44 billion 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.

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:  2.5 out of 5 (star star half star)
Outperform Votes:  147 (Vote Outperform)
Underperform Votes:  150 (Vote Underperform)
Total Votes:  297
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 5/24/2019 by MarketBeat.com Staff

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