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Cars.com Inc. (CARS)

NYSE: CARS · IEX Real-Time Price · USD
12.42 -0.15 (-1.19%)
Sep 21, 2021 2:39 PM EDT - Market open
Market Cap855.16M
Revenue (ttm)606.23M
Net Income (ttm)6.20M
Shares Out68.87M
EPS (ttm)0.09
PE Ratio138.00
Forward PE11.29
Dividendn/a
Ex-Dividend Daten/a
Volume192,275
Open12.62
Previous Close12.57
Day's Range12.35 - 12.68
52-Week Range7.23 - 15.71
Beta2.34
AnalystsBuy
Price Target17.88 (+44.0%)
Est. Earnings DateNov 4, 2021

About CARS

Cars.com, LLC, through its subsidiaries, operates as a digital marketplace, and provides solutions for the automotive industry. Its platform connects car shoppers with sellers. The company, through its marketplace, dealer websites, and other digital products, showcases dealer inventory, elevate and amplify dealers' and automotive manufacturers' (OEMs) brands, connect sellers with ready-to-buy audience, and empower shoppers with the resources and information needed to make car buying decisions. It also offers marketplace products, such as market...

IndustryInteractive Media & Services
IPO DateMay 18, 2017
CEOT. Alex Vetter
Employees1,500
Stock ExchangeNYSE
Ticker SymbolCARS
Full Company Profile

Financial Performance

In 2020, Cars.com's revenue was $547.50 million, a decrease of -9.75% compared to the previous year's $606.68 million. Losses were -$817.12 million, 83.5% more than in 2019.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for Cars.com stock is "Buy." The 12-month stock price forecast is 17.88, which is an increase of 43.96% from the latest price.

Price Target
$17.88
(43.96% upside)
Analyst Consensus: Buy

News

Clicbrics Appoints Scott Forbes to Board of Directors

GURUGRAM, India--(BUSINESS WIRE)--Clicbrics, India's most advanced digital residential real estate platform, today announced that it has appointed Mr. Scott Forbes, Chairman of Ascential plc. and Cars.c...

1 day ago - Business Wire

CARS to Present at Two Virtual Investor Conferences in September

CHICAGO, Sept. 2, 2021 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today announced it would pr...

2 weeks ago - PRNewsWire

Cars.com Finds Delta Variant Impacts Labor Day Travel Destinations and Flight Plans With More Than 1 in 5 Travelers C...

CHICAGO, Aug. 25, 2021 /PRNewswire/ -- Even with the delta variant increasing COVID-19 cases across the country, Americans remain determined to get out this upcoming Labor Day 2021 weekend. Sixty percen...

3 weeks ago - PRNewsWire

School Bus Ridership Continues to Lag as 54% of Parents Choose to Drive Kids to School This Year

CHICAGO, Aug. 19, 2021 /PRNewswire/ --  Cars.com  (NYSE: CARS), a leading digital automotive marketplace and solutions provider, finds that 67% of parents in a recent national survey conducted by Cars.c...

1 month ago - PRNewsWire

CARS to Present at the 2021 J.P. Morgan Auto Conference

CHICAGO, Aug. 5, 2021 /PRNewswire/ --  Cars.com Inc . (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, announced that Alex Vetter...

1 month ago - PRNewsWire

CARS Reports Second Quarter 2021 Results

CHICAGO, Aug. 5, 2021 /PRNewswire/ --  Cars.com Inc . (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today released its financi...

1 month ago - PRNewsWire

CARS to Announce Second Quarter 2021 Financial Results

CHICAGO, July 21, 2021 /PRNewswire/ --  Cars.com Inc.  (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today announced that it e...

2 months ago - PRNewsWire

Cars.com Reveals the Best Fourth of July Deals for the Most American-Made Vehicles as New Survey Finds 44% of In-Mark...

CHICAGO, June 30, 2021 /PRNewswire/ -- Leading digital automotive marketplace and solutions provider  Cars.com TM (NYSE: CARS) found that 44% of in-market car shoppers plan to buy this July Fourth weeke...

2 months ago - PRNewsWire

The New and Improved Cars.com Is Here

CHICAGO, June 28, 2021 /PRNewswire/ -- Cars.com TM (NYSE: CARS), a leading digital automotive marketplace and solutions provider, today announced a transformed online platform and mobile app for its 26 ...

2 months ago - PRNewsWire

Tesla Model 3 Snags No. 1 Spot on Cars.com's 2021 American-Made Index®; First All-Electric Vehicle to Top the List in...

CHICAGO, June 23, 2021 /PRNewswire/ -- Leading digital automotive marketplace and solutions provider  Cars.com TM (NYSE: CARS) today released its 2021 American-Made Index (AMI), an independent, annual l...

2 months ago - PRNewsWire

Inventory Shortages Drive Car Shoppers to Neighboring States: Cars.com Reports 10% of Recent Buyers Traveled Across S...

CHICAGO, June 10, 2021 /PRNewswire/ -- According to recent research from leading digital automotive marketplace and solutions provider  Cars.com TM (NYSE: CARS), nearly 10% of recent car buyers drove ou...

3 months ago - PRNewsWire

43% of Car Shoppers Plan to Buy This Memorial Day Weekend, But It's an Even Better Time to Sell, Reports Cars.com

CHICAGO, May 26, 2021 /PRNewswire/ -- Car shoppers are ready to take advantage of Memorial Day weekend deals — if they can find them, according to recent research from leading digital automotive marketp...

3 months ago - PRNewsWire

Cars.com Finds 89% of Memorial Day Travelers Prefer to Road-Trip Even as More Americans Become Vaccinated

CHICAGO, May 19, 2021 /PRNewswire/ -- Americans are ready for the return of summer travel, according to Cars.com TM (NYSE: CARS), a leading digital automotive marketplace and solutions provider.  More t...

4 months ago - PRNewsWire

CARS to Present at the 49th Annual J.P. Morgan Global Technology, Media and Communications Conference

CHICAGO, May 17, 2021 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today announced that Alex Ve...

4 months ago - PRNewsWire

Cars.com CEO on how the global chip shortage is affecting his business

New car inventory has fallen more than 15 percent since the chip shortage started, according to Cars.com. Alex Vetter, Cars.com CEO and co-founder, joins 'The Exchange' to discuss how the global chip sh...

4 months ago - CNBC Television

Cars.com (CARS) Lags Q1 Earnings Estimates

Cars.com (CARS) delivered earnings and revenue surprises of -69.23% and 5.43%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

CARS Reports First Quarter 2021 Results

CHICAGO, May 6, 2021 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today released its financial ...

4 months ago - PRNewsWire

Cars.com Reaches Milestone: 10 Million Dealership Reviews From Car Buyers With Recent Growth Spurred by the Pandemic

CHICAGO, May 4, 2021 /PRNewswire/ --  Cars.com  (NYSE: CARS), a leading digital marketplace and solutions provider for the automotive industry, announced today that an astounding 10 million car buyers h...

4 months ago - PRNewsWire

Analysts Estimate Cars.com (CARS) to Report a Decline in Earnings: What to Look Out for

Cars.com (CARS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

4 months ago - Zacks Investment Research

FordDirect Selects Dealer Inspire as Preferred Website and Technology Platform Provider for its 3,000 U.S. Dealers

NAPERVILLE, Ill., April 29, 2021 /PRNewswire/ --  Dealer Inspire (DI), a Cars.com Inc. (NYSE: CARS) company that provides disruptive technology and digital advertising solutions to the automotive indust...

4 months ago - PRNewsWire

CARS to Announce First Quarter 2021 Financial Results

CHICAGO, April 22, 2021 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today announced that it ex...

4 months ago - PRNewsWire

Cars.com Reports 66% of Americans Have Renewed Interest in EVs Following President Biden's Infrastructure Plans, but ...

CHICAGO, April 22, 2021 /PRNewswire/ -- Leading automotive digital marketplace and solutions provider Cars.com (NYSE: CARS) today revealed new research that Americans' interest in electric vehicles is o...

4 months ago - PRNewsWire

CARS Appoints Jenell Ross to Board of Directors

CHICAGO, April 13, 2021 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital automotive marketplace and solutions provider, today announced the appointment of Jenell R...

5 months ago - PRNewsWire

Pent-Up Demand Spikes Spring Break Travel: 70% of Travelers Opt for Road Trips as Americans' Vacation Plans Surpass P...

CHICAGO, March 25, 2021 /PRNewswire/ -- As the pandemic continues, Americans are ready to hit the road for spring break , reports Cars.com TM (NYSE: CARS), a leading digital automotive marketplace and s...

5 months ago - PRNewsWire

Bear Of The Day: Cars.com (CARS)

Bear Of The Day: Cars.com (CARS)

6 months ago - Zacks Investment Research