Cars.com Inc. (CARS)

NYSE: CARS · IEX Real-Time Price · USD
9.93
+0.24 (2.48%)
Jun 24, 2022 4:00 PM EDT - Market closed
2.48%
Market Cap 690.06M
Revenue (ttm) 628.60M
Net Income (ttm) 6.78M
Shares Out 69.49M
EPS (ttm) 0.09
PE Ratio 109.12
Forward PE 5.07
Dividend n/a
Ex-Dividend Date n/a
Volume 805,655
Open 9.78
Previous Close 9.69
Day's Range 9.74 - 10.04
52-Week Range 8.75 - 19.09
Beta 2.03
Analysts Buy
Price Target 18.19 (+83.2%)
Earnings Date Aug 4, 2022

About CARS

Cars.com Inc. 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 marketplace subscription advertisi... [Read more...]

Industry Interactive Media & Services
IPO Date May 18, 2017
CEO T. Alex Vetter
Employees 1,600
Stock Exchange NYSE
Ticker Symbol CARS
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for CARS stock is "Buy." The 12-month stock price forecast is 18.19, which is an increase of 83.18% from the latest price.

Price Target
$18.19
(83.18% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Subaru Taps Cars.com's Dealer Inspire® as a Certified Website and Technology Platform Provider for its 570+ U.S. Reta...

Dealer Inspire is certified to provide Subaru retailers a connected digital website platform that includes turnkey opportunities for seamless digital advertising, SEO, messaging, digital retailing and v...

CARS.COM'S AMERICAN-MADE INDEX ADDS TESLA TO EXCLUSIVE LIST OF MULTIYEAR CHART-TOPPERS, MODEL Y NABS NO. 1

Honda and Tesla Each Appear 4x in Top 10 Alongside Jeep and Lincoln, Which Secure Top Spots; GM Dominates List With Its Models Claiming 20% of Overall Index Consumer Preference for American-Made Vehicle...

Cars.com CEO reveals why car prices are up

Cars.com CEO Alex Vetter provides insight on the car production issue on 'The Claman Countdown.' #FoxBusiness #ClamanCountdown Subscribe to Fox Business!

CARS.COM REPORTS 82% OF HOLIDAY TRAVELERS WILL ROAD-TRIP THIS MEMORIAL DAY, WITH MORE THAN HALF CARPOOLING TO SAVE ON...

11% of Holiday Travelers Will Opt for an EV-Powered Road Trip CHICAGO , May 23, 2022 /PRNewswire/ -- A car-shopping marketplace  Cars.com ™ (NYSE: CARS) survey found that despite a almost 35 %  year-ove...

ONGOING INVENTORY CHALLENGES CREATE PRIME OPPORTUNITY TO MAXIMIZE USED CARS' RESALE VALUE

Recent Cars.com Surveys Conclude: In Current Seller's Market, Most Vehicle Trade-In Payouts Exceed Expectations by Thousands of Dollars for Consumers CHICAGO , May 16, 2022 /PRNewswire/ -- Cars.com™ (NY...

Cars.com (CARS) Tops Q1 Earnings and Revenue Estimates

Cars.com (CARS) delivered earnings and revenue surprises of 100% and 0.64%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Cars.com Q1 profit falls

Cars.com Inc. CARS, +3.54% said Thursday its first-quarter net income fell to $4.34 million, or 6 cents a share, from $5.28 million, or 8 cents a share, in the year-ago quarter. Revenue grew by 3% to $1...

CARS Reports First Quarter 2022 Results

Continued Growth in Revenue, Dealer Customers and ARPD Closed Accu-Trade Group Acquisition CHICAGO , May 5, 2022 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), the leading automot...

AMID SOARING ELECTRIC VEHICLE INTEREST, CARS.COM HOSTS FREE EV LIVESTREAM FOR CONSUMERS

With EV searches up nearly 200% on Cars.com, experts discuss the pros and cons of EV ownership, highlight popular models and answer consumer questions during live virtual event1 CHICAGO, April 25, 2022 ...

CARS to Announce First Quarter 2022 Financial Results

CHICAGO , April 21, 2022 /PRNewswire/ --  Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), the leading automotive marketplace platform that provides a robust set of digital solutions, today announc...

Convoy Appoints Sonia Jain as Chief Financial Officer

SEATTLE--(BUSINESS WIRE)--Convoy, the nation's leading digital freight network, today announced that Sonia Jain has been appointed Chief Financial Officer, effective April 25, 2022. Jain will assume the...

CARS Announces CFO Transition; Names Jandy Tomy Interim CFO

Company Reaffirms First Quarter and Annual 2022 Outlook CHICAGO , April 4, 2022 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), the leading automotive marketplace platform that pro...

CARS.COM RELEASES ITS 2022 'TOP PICKS' FOR ELECTRIC VEHICLES

EV Searches Have Doubled on Cars.com Since 2021, Prompting a New EV Buying Guide and "Top Picks" to Help EV-Curious Consumers Find the Electric Car That Fits Their Lifestyle CHICAGO , March 29, 2022 /PR...

CARS.COM REPORTS EV SEARCHES ARE UP 173% THIS MONTH, BUT RECORD-HIGH GAS PRICES AREN'T YET ENOUGH FOR MASS-MARKET ADO...

Current Events Accelerate EV Curiosity; Cars.com Answers With New EV Buying Guide to Help Consumers Navigate the Ins and Outs of Electric Cars CHICAGO , March 29, 2022 /PRNewswire/ --   Cars.com ™ (NYSE...

FUEL DRIVES BUYERS WHO ARE 4X MORE LIKELY TO PURCHASE USING CARS.COM AUDIENCE DATA

CHICAGO, March 10, 2022 /PRNewswire/ -- FUEL, a Cars.com Inc. company (NYSE: CARS) and leading automotive digital video provider, is helping dealers achieve impressive sales results. Walser Automotive G...

CARS Announces Retirement of Chief Legal Officer James F. Rogers; Appoints Angelique Strong Marks as Successor

CHICAGO , March 10, 2022 /PRNewswire/ -- Cars.com Inc . (NYSE: CARS) ("CARS" or the "Company"), the leading automotive marketplace platform that provides a robust set of digital solutions, today announc...

CARS Closes Acquisition of The Accu-Trade Group, Adding Digital Vehicle Acquisition to the CARS Platform

CHICAGO, March 1, 2022 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading automotive marketplace platform that provides a robust set of digital solutions, has closed the acq...

AMERICA'S LOVE AFFAIR WITH PICKUP TRUCKS CONTINUES: FORD MAVERICK NAMED CARS.COM'S BEST OF THE YEAR 2022

CHICAGO, Feb. 25, 2022 /PRNewswire/ -- Cars.com™ (NYSE: CARS), the car-shopping marketplace, today named the Ford Maverick pickup truck the Best of the Year winner for 2022 in its annual Best Of awards ...

Cars.com Extends End-to-End Capabilities by Adding Access to Finance, Used Vehicle Valuations

With two acquisitions made during the last quarter, Cars.com aims to ease two pain points that plague both car dealers and consumers: the time-consuming finance process and the challenges of valuing and...

Cars.com (CARS) Reports Q4 Loss, Tops Revenue Estimates

Cars.com (CARS) delivered earnings and revenue surprises of -181.82% and 0.46%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Cars.com Clocks 3% Revenue Growth In Q4; Plans $200M Buyback

Automotive marketplace platform Cars.com Inc (NYSE: CARS) reported fourth-quarter FY21 revenue growth of 3% year-on-year to $158.30 million, marginally missing the consensus of $158.37 million. Average ...

Cars.com board approves share buyback program of up to $200 million over next three years

Cars.com Inc. CARS, -1.80% said Thursday its board has approved the repurchase of up to $200 million of its shares over the next three years. The online automobile marketplace said it would fund the buy...

CARS Reports Fourth Quarter and Full Year 2021 Results

CHICAGO, Feb. 24, 2022 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading automotive marketplace platform that provides a robust set of digital solutions, today released its...

CARS Announces $200 Million Share Repurchase Program

CHICAGO, Feb. 24, 2022 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading automotive marketplace platform that provides a robust set of digital solutions, today announced th...

TESLA MODEL Y NAMED CARS.COM'S BEST ELECTRIC VEHICLE OF 2022

CHICAGO, Feb. 21, 2022 /PRNewswire/ -- Cars.com ™ (NYSE: CARS), the car-shopping marketplace, today named the Tesla Model Y the Best Electric Vehicle of 2022 winner in its Best Of awards program. As mor...