Cars.com (CARS) Stock Price, News & Analysis

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cars.com in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CARS shares.
View CARS analyst ratings or view top-rated stocks.

4 analysts have issued 12 month price targets for Cars.com's shares. Their CARS share price targets range from $20.00 to $26.00. On average, they expect the company's share price to reach $24.00 in the next year. This suggests a possible upside of 48.5% from the stock's current price.
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Cars.com's stock was trading at $18.97 at the beginning of the year. Since then, CARS stock has decreased by 14.8% and is now trading at $16.16.
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Cars.com saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 1,620,000 shares, a decline of 10.0% from the March 15th total of 1,800,000 shares. Based on an average daily volume of 378,100 shares, the days-to-cover ratio is currently 4.3 days. Currently, 2.7% of the company's stock are short sold.
View Cars.com's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our CARS earnings forecast.

Cars.com Inc. (NYSE:CARS) posted its quarterly earnings data on Thursday, February, 22nd. The company reported $0.12 earnings per share for the quarter, missing analysts' consensus estimates of $0.19 by $0.07. The company earned $179.60 million during the quarter, compared to the consensus estimate of $178.40 million. Cars.com had a net margin of 17.19% and a trailing twelve-month return on equity of 25.78%. Cars.com's revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.15 earnings per share.

ETFs with the largest weight of Cars.com (NYSE:CARS) stock in their portfolio include Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU), SPDR S&P Internet ETF (XWEB) and First Trust Small Cap Growth AlphaDEX Fund (FYC).Hartford Longevity Economy ETF (HLGE).

Cars.com updated its first quarter 2024 earnings guidance on Thursday, February, 22nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $179.0 million-$181.0 million, compared to the consensus revenue estimate of $180.5 million.

232 employees have rated Cars.com Chief Executive Officer Alex Vetter on Glassdoor.com. Alex Vetter has an approval rating of 67% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cars.com investors own include Walt Disney (DIS), Pfizer (PFE), Advanced Micro Devices (AMD), NVIDIA (NVDA), Costco Wholesale (COST), Intel (INTC), Micron Technology (MU), Southwest Airlines (LUV), PayPal (PYPL) and QUALCOMM (QCOM).

Cars.com's stock is owned by many different institutional and retail investors. Top institutional shareholders include Park Avenue Securities LLC (0.02%). Insiders that own company stock include Angelique Strong Marks, Bryan Wiener, Douglas Neal Miller, James F Rogers, Jr Donald A Mcgovern, Sonia Jain, Thomas Alex Vetter and Thomas E Hale.
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Shares of CARS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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