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Cars.com, Inc. (CARS)
NYSE:CARS
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CARS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$15.05 - $21.24
Previous Close$17.46
Volume2.02M
Average Volume (3M)600.05K
Market Cap
$1.13B
Enterprise Value$1.54B
Total Cash (Recent Filing)$49.57M
Total Debt (Recent Filing)$464.98M
Price to Earnings (P/E)30.2
Beta1.42
Next Earnings
Feb 20, 2025EPS Estimate
$0.56Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.58
Shares Outstanding64,739,273
10 Day Avg. Volume733,621
30 Day Avg. Volume600,053
Standard Deviation0.16
R-Squared0.47
Alpha-0.00602
Financial Highlights & Ratios
Price to Book (P/B)2.25
Price to Sales (P/S)1.57
Price to Cash Flow (P/CF)5.30
P/FCF Ratio5.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.15
Enterprise Value/Gross Profit2.72
Enterprise Value/Ebitda6.30
Forecast
1Y Price Target
$22.75Price Target Upside30.30% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Cars News
PremiumCompany Announcements
Cars.com, Inc. Reports Strong Q3 2024 PerformanceBulls Say, Bears Say
Bulls Say
Digital TransitionCars.com is a comprehensive platform that is well-positioned to help dealers succeed as the industry inexorably moves more towards digital.
Market LeadershipCars.com became the number one franchise dealer website provider in Canada due to better product performance and premium features.
Revenue GrowthOEM and National revenue growth was strong at 16.94% to $17 million generating the highest revenue for this segment over three years.
Bears Say
Customer BaseCars.com ended Q3/24 with 19,255 dealer customers, down 135 dealers sequentially.
Growth VisibilityOrganic growth remains weak, particularly in the context of peers, and visibility around ancillary product uptake and growth re-acceleration is needed for re-rating.
Sales MomentumIn Q2/24, Cars.com lost considerable sales momentum stemming from the CDK cyber incident as the company is over indexed to franchised dealerships that rely on CDK.
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Ownership Overview
3.09% Insiders
36.33% Mutual Funds
9.08% Other Institutional Investors
19.72% 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 $15.05 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 Feb 20, 2025 which is in 60 days.
How were Cars.com, Inc.’s earnings last quarter?
Cars.com, Inc. released its earnings results on Nov 07, 2024. The company reported $0.41 earnings per share for the quarter, missing the consensus estimate of $0.446 by -$0.036.
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 $0.56.
How many shares outstanding does Cars.com, Inc. have?
Cars.com, Inc. has 64,739,270 shares outstanding.
What happened to Cars.com, Inc.’s price movement after its last earnings report?
Cars.com, Inc. reported an EPS of $0.41 in its last earnings report, missing expectations of $0.446. Following the earnings report the stock price went up 6.187%.
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 29M.
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Cars Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$22.75 (30.30% Upside)
$22.75 (30.30% Upside)
Blogger Sentiment
Bullish
CARS Sentiment 100%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Decreased
By 1.9M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.8%
Last 30 Days ▼ 13.9%
Last 30 Days ▼ 13.9%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-10.46%
12-Months-Change
Fundamentals
Return on Equity
7.96%
Trailing 12-Months
Asset Growth
1.39%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call depicted a generally positive outlook with strong growth metrics in OEM revenue and adjusted EBITDA margins. However, challenges such as the decline in dealer customers and increased operating expenses were noted. The recovery from the CDK outage and positive growth in October were emphasized as signs of recovery.Read More>---
CARS Stock 12 Month Forecast
Average Price Target
$22.75
▲(30.30% Upside)
Technical Analysis
Best Analysts Covering CARS
1 Year
1 Year Success Rate
18/29 ratings generated profit
1 Year Average Return
+25.22%
reiterated a buy rating last month
Copying Gary Prestopino's trades and holding each position for 1 Year would result in 62.07% of your transactions generating a profit, with an average return of +25.22% per trade.
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