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Cars.com, Inc. (CARS)
NYSE:CARS
Holding CARS?
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CARS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$14.82 - $21.24
Previous Close$18.31
Volume785.35K
Average Volume (3M)518.10K
Market Cap
$1.21B
Enterprise Value$1.65B
Total Cash (Recent Filing)$29.07M
Total Debt (Recent Filing)$469.67M
Price to Earnings (P/E)49.9
Beta0.95
Next Earnings
Oct 31, 2024EPS Estimate
$0.44Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.37
Shares Outstanding66,020,058
10 Day Avg. Volume495,550
30 Day Avg. Volume518,095
Standard Deviation0.16
R-Squared0.45
Alpha-0.00096
Financial Highlights & Ratios
Price to Book (P/B)2.43
Price to Sales (P/S)1.69
Price to Cash Flow (P/CF)8.50
P/FCF Ratio8.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.31
Enterprise Value/Gross Profit2.91
Enterprise Value/Ebitda8.90
Forecast
1Y Price Target
$22.40Price Target Upside22.34% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Cars News
PremiumPress Releases
Cars.com Reports Second Quarter 2024 Results
Bulls Say, Bears Say
Bulls Say
Customer GrowthCars.com achieved sequential dealer customer growth at 19,450 from 19,381 in Q1/24 despite June sales interruptions from the CDK incident.
Financial PerformanceFree cash flow of $56 million for the first six months of 2024 was at the highest level in three years.
OEM EndorsementsAccuTrade won new OEM endorsements through being certified by Stellantis Digital as a trade and appraisal solution for their U.S. retailers.
Bears Say
Competitive LandscapeDealer uptake for Accu-Trade decreased while the market for consumer sourcing solutions has become more competitive.
Financial PerformanceThe company's recent results and guidance were weaker than expected, indicating low visibility on growth re-acceleration.
SalesCars.com lost considerable sales momentum due to the CDK cyber incident, affecting franchised dealerships that rely on CDK.
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Ownership Overview
3.80% Insiders
37.58% Mutual Funds
41.10% Other Institutional Investors
17.52% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CARS FAQ
What was Cars.com, Inc.’s price range in the past 12 months?
Cars.com, Inc. lowest stock price was $14.82 and its highest was $21.24 in the past 12 months.
What is Cars.com, Inc.’s market cap?
Currently, no data Available
When is Cars.com, Inc.’s upcoming earnings report date?
Cars.com, Inc.’s upcoming earnings report date is Oct 31, 2024 which is in 40 days.
How were Cars.com, Inc.’s earnings last quarter?
Cars.com, Inc. released its earnings results on Aug 08, 2024. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.448 by -$0.068.
Is Cars.com, Inc. overvalued?
According to Wall Street analysts Cars.com, Inc.’s price is currently Undervalued.
Does Cars.com, Inc. pay dividends?
Cars.com, Inc. does not currently pay dividends.
What is Cars.com, Inc.’s EPS estimate?
Cars.com, Inc.’s EPS estimate is $0.44.
How many shares outstanding does Cars.com, Inc. have?
Cars.com, Inc. has 66,020,060 shares outstanding.
What happened to Cars.com, Inc.’s price movement after its last earnings report?
Cars.com, Inc. reported an EPS of $0.38 in its last earnings report, missing expectations of $0.448. Following the earnings report the stock price went down -5.991%.
Which hedge fund is a major shareholder of Cars.com, Inc.?
Among the largest hedge funds holding Cars.com, Inc.’s share is Greenvale Capital LLP. It holds Cars.com, Inc.’s shares valued at 73M.
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Cars Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$22.40 (22.34% Upside)
$22.40 (22.34% Upside)
Blogger Sentiment
Bullish
CARS Sentiment 100%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Decreased
By 835.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $339.9K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.4%
Last 30 Days ▲ 5.7%
Last 30 Days ▲ 5.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
2.00%
12-Months-Change
Fundamentals
Return on Equity
5.13%
Trailing 12-Months
Asset Growth
3.22%
Trailing 12-Months
Company Description
Cars.com, Inc.
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. The firm also sells online subscription advertising products to car dealerships. The company was founded by Mitch Golub, William Swislow, and Alex Vetter in 1998 and is headquartered in Chicago, IL.
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CARS Company Deck
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CARS Earnings Call
Q2 2024
0:00 / 0:00
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CARS Stock 12 Month Forecast
Average Price Target
$22.40
▲(22.34% Upside)
Technical Analysis
Best Analysts Covering CARS
1 Year
1 Year Success Rate
21/29 ratings generated profit
1 Year Average Return
+25.21%
reiterated a buy rating 29 days ago
Copying Gary Prestopino's trades and holding each position for 1 Year would result in 72.41% of your transactions generating a profit, with an average return of +25.21% per trade.
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