Cars.comCARS
CARS
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
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
91% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 22
7% more funds holding
Funds holding: 208 [Q3] → 222 (+14) [Q4]
2.42% more ownership
Funds ownership: 88.61% [Q3] → 91.03% (+2.42%) [Q4]
4% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 71
4% more capital invested
Capital invested by funds: $980M [Q3] → $1.02B (+$41.1M) [Q4]
50% less call options, than puts
Call options by funds: $1.44M | Put options by funds: $2.9M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$25
57%
upside
Avg. target
$25
57%
upside
High target
$25
57%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Barrington Research Gary Prestopino 66% 1-year accuracy 97 / 147 met price target | 57%upside $25 | Outperform Maintained | 28 Jan 2025 |
Financial journalist opinion
Based on 4 articles about CARS published over the past 30 days
Positive
Zacks Investment Research
1 week ago
Is Cars.com (CARS) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Neutral
PRNewsWire
1 week ago
CARS to Announce Fourth Quarter and Full Year 2024 Financial Results
CHICAGO , Feb. 13, 2025 /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 announced that it expects to report its financial results for the fourth quarter and full year ended December 31, 2024, on Thursday, February 27, 2025. The Company will host a conference call with a live webcast at 8:00 a.m.
Neutral
PRNewsWire
2 weeks ago
CARS.COM NAMES KIA EV9 'BEST ELECTRIC VEHICLE OF 2025'
Kia's all-electric, three-row SUV delivers a winning combination of range, style, and comfort IRVINE, Calif. , Feb. 6, 2025 /PRNewswire/ -- Today, the 2025 Kia EV9 was named Cars.com's 'Best Electric Vehicle of 2025.
Neutral
PRNewsWire
4 weeks ago
Cars.com Inc. Acquires DealerClub, Expanding Trade & Appraisal Platform Capabilities With Reputation-Based Dealer-to-Dealer Digital Wholesale Auction
CHICAGO , Jan. 24, 2025 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a " Cars Commerce " or the "Company"), an audience-driven technology company empowering automotive, today announced the acquisition of (DealerClub), a reputation-based automotive digital wholesale auction. The Company paid approximately $25 million in cash at closing.
Neutral
PRNewsWire
1 month ago
Cars Commerce Platform Helps Retailers Sell More Cars, Faster
Company's Connected Platform on Full Display in Booth 1426 at the 2025 NADA Show This Month CHICAGO , Jan. 22, 2025 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a " Cars Commerce "), an audience-driven technology company empowering automotive, shares new data about the value of its connected platform. Dealer customers taking advantage of more than one of the platform's four core capabilities (Marketplace, Digital Experience, Trade & Appraisal and Media Network) on average receive up to 2x more leads and connections from consumers and sell inventory at least 10% faster than those using only one of the platform's capabilities.
Neutral
PRNewsWire
2 months ago
2025 Trends: Car Prices Remain Stubbornly High in New Year and Potential Tariffs Could Add Pressure, But Shoppers May Find Silver Lining in New Affordable Inventory, According to Cars.com
New year brings tightening used-car supply, a shifting definition of "American-made," and new strategies for electric cars CHICAGO , Dec. 17, 2024 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Commerce Inc."), an audience-driven technology company powering automotive, today released its 2025 Automotive Trends. The industry is entering the new year with a mix of optimism and challenges as shifts in supply and demand continue to shape automotive retail.
Neutral
Seeking Alpha
3 months ago
Cars.com Contends With Uneven Dealer Demand (Downgrade)
Cars.com recently reported Q3 2024 results, matching revenue estimates but missing earnings projections. Financial trends show slight revenue growth, improved operating income, and strong free cash flow, but gross margins have declined due to higher product and technology expenses. My near-term hold outlook hinges on dealer demand recovery, with potential upside if growth rates improve. But significant recovery may not occur until 2025.
Neutral
Seeking Alpha
3 months ago
Cars.com Inc. (CARS) Q3 2024 Earnings Call Transcript
Cars.com Inc. (NYSE:CARS ) Q3 2024 Results Conference Call November 7, 2024 9:00 AM ET Company Participants Catherine Chen - Vice President, Investor Relations Alex Vetter - Chief Executive Officer Sonia Jain - Chief Financial Officer Conference Call Participants Naved Khan - B. Riley Tom White - Davidson Zach Walljasper - UBS Gary Prestopino - Barrington Research Marvin Fong - BTIG Operator Good morning, ladies and gentlemen, and welcome to the Cars Third Quarter 2024 Conference Call.
Neutral
Zacks Investment Research
3 months ago
Cars.com (CARS) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Cars.com (CARS) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Negative
Zacks Investment Research
3 months ago
Cars.com (CARS) Q3 Earnings Miss Estimates
Cars.com (CARS) came out with quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.07 per share a year ago.
Charts implemented using Lightweight Charts™