Cars.comCARS
About: Cars.com Inc is an online destination for buying and selling new and used vehicles. The company brands include Dealer Inspire, DealerRater, FUEL, Accu-Trade, PickupTrucks.com, CreditIQ, and NewCars.com., websites directed towards different consumer segments.
Employees: 1,700
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 2 (+1) [Q2]
58% more call options, than puts
Call options by funds: $1.85M | Put options by funds: $1.18M
43% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 23
21% more capital invested
Capital invested by funds: $1.02B [Q1] → $1.23B (+$210M) [Q2]
16% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 68
5% more funds holding
Funds holding: 199 [Q1] → 209 (+10) [Q2]
4.18% more ownership
Funds ownership: 89.99% [Q1] → 94.17% (+4.18%) [Q2]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Barrington Research Gary Prestopino 61% 1-year accuracy 59 / 97 met price target | 57%upside $25 | Outperform Maintained | 23 Aug 2024 |
B. Riley Securities Lee Krowl 0% 1-year accuracy 0 / 2 met price target | 63%upside $26 | Buy Maintained | 9 Aug 2024 |
UBS Kunal Madhukar 75% 1-year accuracy 3 / 4 met price target | 19%upside $19 | Neutral Maintained | 9 Aug 2024 |
JP Morgan Rajat Gupta 67% 1-year accuracy 18 / 27 met price target | 19%upside $19 | Neutral Downgraded | 9 Aug 2024 |
Barrington Research Gary Prestopino 61% 1-year accuracy 59 / 97 met price target | 57%upside $25 | Outperform Maintained | 5 Aug 2024 |