Cars.com Inc. (CARS)
Market Cap | 1.03B |
Revenue (ttm) | 713.01M |
Net Income (ttm) | 25.00M |
Shares Out | 66.02M |
EPS (ttm) | 0.37 |
PE Ratio | 41.83 |
Forward PE | 7.07 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 151,066 |
Open | 15.33 |
Previous Close | 15.28 |
Day's Range | 15.16 - 15.60 |
52-Week Range | 14.82 - 21.24 |
Beta | 2.11 |
Analysts | Buy |
Price Target | 22.25 (+43.27%) |
Earnings Date | Oct 31, 2024 |
About CARS
Cars.com Inc., an audience-driven technology company, that provides solutions for the automotive industry in the United States. Its Cars Commerce platform connects car shoppers with sellers. The company, enable dealers and automotive manufacturers; connect sellers with ready-to-buy shoppers that provide financing tools with instant online loan screening and approvals; and empower shoppers with the resources and digital tools needed to make car buying decisions. It also offers marketplace products, such as marketplace subscription advertising pa... [Read more]
Financial Performance
In 2023, Cars.com's revenue was $689.18 million, an increase of 5.40% compared to the previous year's $653.88 million. Earnings were $118.44 million, an increase of 588.38%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for CARS stock is "Buy." The 12-month stock price forecast is $22.25, which is an increase of 43.27% from the latest price.
News
Cars Commerce's Industry Insights Report Shows a Stabilizing Market; Ford, Chevrolet and Honda Drive Balanced New-Car Inventory Levels in August
Used-Car Market Levels Out Amid Softening Trade-In Values and Increased Inventory CHICAGO , Sept. 19, 2024 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a " Cars Commerce.
New-Car Market Sees Sharp Decline in Sub-$30,000 Vehicles, According to Cars Commerce Industry Insights Report
Used-Car Market Struggles With Shortage of Low-Mileage Vehicles, Leading to Price Decline and Influx of High-Mileage Inventory CHICAGO , Aug. 16, 2024 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a...
Family First: Cars.com Survey Finds Over 60% of Parents Purchase a Vehicle Based on Car Seat Needs
Only Six Vehicles — All SUVs — Take Top Spots in Cars.com's 2024 Best Cars for Car Seats Report, With Half From Volkswagen CHICAGO , Aug. 13, 2024 /PRNewswire/ -- Car-shopping marketplace Cars.com™ ...
Cars.com Inc. (CARS) Q2 2024 Earnings Call Transcript
Cars.com Inc. (NYSE:CARS) Q2 2024 Results Conference Call August 8, 2024 9:00 AM ET Company Participants Catherine Chen - Vice President, Investor Relations Alex Vetter - Chief Executive Officer Soni...
Cars.com Reports Second Quarter 2024 Results
Revenue Grew 6% Year-over-Year and OEM and National Revenue Achieved Record 28% Year-Over-Year Growth Dealer Base Grew to 19,390 Customers While Sustaining Robust Average Revenue Per Dealer Generated ...
Auto Industry Sees Significant Shifts in First Half of 2024; Nearly Unrecognizable From Five Years Ago, According to Cars Commerce Industry Insights Report
A Turning Point for Electrification: Since 2019, New-EV Demand Up 930%, Supply Soars 825%, Prices Up 56% CHICAGO , July 26, 2024 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a " Cars Commerce Inc ....
Cars.com to Announce Second Quarter 2024 Financial Results
CHICAGO , July 25, 2024 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Commerce Inc" or the "Company"), an audience-driven technology company empowering the automotive industry, today announc...
Foreign Automakers Lead the Charge in Cars.com's American-Made Index
Nearly 60% of In-Market Car Shoppers are Willing to Pay More for a Vehicle if it Creates More U.S. Jobs CHICAGO , June 28, 2024 /PRNewswire/ -- Ahead of the Fourth of July holiday, car-shopping market...
Incumbent Tesla is the Only Domestic Automaker in Cars.com's 2024 American-Made Index Top 10
Over 50% of Vehicles on Index Assembled in Non-UAW-Represented Facilities in Southern U.S. U.S.-Based Auto Production Facilities Are Up 144% Since 2020 CHICAGO , June 18, 2024 /PRNewswire/ -- Car-shop...
Cars Commerce April Industry Insights Report Reveals New-Car Inventory Up 35% YoY but Remains a Million Units Below 2019 Levels With Prices Up 30% in the Same Time Frame
Used-Car Market Moderates; Demand Drops 8%, Prices Decline 6% CHICAGO , May 16, 2024 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a " Cars Commerce Inc ."), an audience-driven technology company em...
Cars.com (CARS) CEO on Shifts in E.V. Demand Among Carbuyers
Cars.com (CARS) CEO Alex Vetter joins Oliver Renick to discuss Cars.com and its 1Q earnings. He talks about how 1Q dealer websites rose 22% year-over-year.
Cars.com Inc. (CARS) Q1 2024 Earnings Call Transcript
Cars.com Inc. (NYSE:CARS) Q1 2024 Earnings Conference Call May 10, 2024 9:00 AM ET Company Participants Catherine Chen - Vice President, Investor Relations Alex Vetter - Chief Executive Officer Sonia...
Cars.com Reports First Quarter 2024 Results
Delivered Strong Revenue Growth Including 13% Year-Over-Year OEM and National Growth Achieved 5% ARPD Year-Over-Year Growth Generated $33MM of Year-To-Date Cash Flows From Operating Activities Amended...
Cars.com to Announce First Quarter 2024 Financial Results
CHICAGO , April 25, 2024 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Commerce Inc" or the "Company"), an audience-driven technology company empowering the automotive industry, today announ...
KIA FORTE, SOUL, ALL-ELECTRIC EV6 AWARDED AS CARS.COM "2024 BEST VALUE NEW CARS"
2024 Forte and 2024 Soul received first and second place honors in the Compact Car segment, respectively All-electric 2024 EV6 recognized as top-three pick among leading electric vehicles IRVINE, Cali...
Market Prices, Consumer Budgets Inch Closer Together, According to Cars.com's 2024 Affordability Report
Despite Inflation and Interest Rate Concerns, Half of Americans Are Planning Major Purchases in 2024 CHICAGO , April 16, 2024 /PRNewswire/ -- In its second annual Affordability Report released today, ...
Tax Season Turbocharges Car Market: Dealers and Buyers Gear Up for a Surge in Shopping Activity, According to Cars Commerce March Industry Insights Report
Used-Car Bonanza: Supply Climbs, Prices Plummet to 32-Month Low CHICAGO , April 11, 2024 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a " Cars Commerce Inc ."), an audience-driven technology compan...
Cars.com's Your Garage Gives Car Owners Market Power for Trade-Ins and New Purchases, Showcased in Latest 'Possibilities' Ad
New Cars.com Utility Puts in Data from Over Two Million Vehicle Listings in the Hands of Consumers and Allows Them to Easily Track Their Vehicle's Value Over Time1 Your Garage Launches Alongside Dynam...
The Reviews Are In: Cars.com 2024 Dealer of the Year Awards Recognize the Best Local Car-Shopping Experiences Across America
Over 1 Million Consumer Reviews Show Responsiveness, Accountability Are Keys to Delivering Excellent Dealership Experience CHICAGO , March 6, 2024 /PRNewswire/ -- Car-shopping marketplace and dealer r...
Cars.com (CARS) CEO On Earnings & Auto Industry Trends
Cars.com (CARS) CEO Alex Vetter joins Nicole Petallides to discuss the company's 4Q earnings. He talks about the auto industry trends, as well as the role technology plays in the auto industry.
Cars.com Inc. (CARS) Q4 2023 Earnings Call Transcript
Cars.com Inc. (NYSE:CARS) Q4 2023 Earnings Conference Call February 22, 2024 9:00 AM ET
Cars.com Reports Fourth Quarter and Full Year 2023 Results
Exceeded Fourth Quarter Guidance, Delivered 7% Year-Over-Year Revenue Growth Achieved 7% Year-Over-Year ARPD Growth coupled with Strong Fourth Quarter OEM Performance Generated $137MM of Annual Cash F...
Cars.com to Announce Fourth Quarter and Full Year 2023 Financial Results
CHICAGO , Feb. 12, 2024 /PRNewswire/ -- Cars.com Inc.(NYSE: CARS) (d/b/a "Cars Commerce Inc" or the "Company"), an audience-driven technology company empowering automotive, today announced that it exp...
Volkswagen's 'An American Love Story' Ad Zooms Ahead With 394% Surge in Traffic on Cars.com During the Big Game
Automotive Advertisers Volkswagen, Kia, Toyota and BMW See an Average Traffic Spike of 235% on Cars.com During Last Night's Big Game CHICAGO , Feb. 12, 2024 /PRNewswire/ -- Automakers that bet big on ...
New 2024 Jeep® Wrangler Named Best SUV of 2024 by Cars.com
AUBURN HILLS, Mich., Feb. 7, 2024 /PRNewswire/ -- Jeep® Wrangler, the most iconic and recognized SUV ever, earns prestigious Best SUV of 2024 from Cars.com Award applies to new 2024 Wrangler lineup, i...