Key Points
- CFO Sonia Jain sold 11,400 shares on Dec. 17 at an average price of $13.45 for a total of $153,330, trimming her stake by 4.47% to 243,642 shares (about $3.28M).
- The stock trades near $12.88 with a market cap of $770.1M, a P/E of ~28 and a 52‑week range of $9.56–$19.00; Cars.com reported Q3 EPS of $0.48 (missed by $0.02) with revenue up 1.1% YoY, and analysts hold a consensus rating of Moderate Buy with a $17.70 target.
Cars.com Inc. (NYSE:CARS - Get Free Report) CFO Sonia Jain sold 11,400 shares of Cars.com stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $13.45, for a total value of $153,330.00. Following the transaction, the chief financial officer owned 243,642 shares in the company, valued at $3,276,984.90. This trade represents a 4.47% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Cars.com Price Performance
NYSE CARS opened at $12.88 on Friday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.82 and a current ratio of 1.82. The stock has a market cap of $770.11 million, a price-to-earnings ratio of 27.99 and a beta of 1.45. The business has a 50 day simple moving average of $11.49 and a 200 day simple moving average of $12.03. Cars.com Inc. has a 52-week low of $9.56 and a 52-week high of $19.00.
Cars.com (NYSE:CARS - Get Free Report) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.48 earnings per share for the quarter, missing analysts' consensus estimates of $0.50 by ($0.02). The company had revenue of $181.57 million during the quarter, compared to the consensus estimate of $181.37 million. Cars.com had a net margin of 4.16% and a return on equity of 18.32%. The business's quarterly revenue was up 1.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.41 EPS. Analysts anticipate that Cars.com Inc. will post 1.19 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on the stock. UBS Group upped their target price on shares of Cars.com from $11.00 to $12.00 and gave the stock a "neutral" rating in a research note on Monday, October 6th. Wall Street Zen upgraded Cars.com from a "hold" rating to a "buy" rating in a report on Saturday, November 8th. Barrington Research reaffirmed an "outperform" rating and set a $25.00 price objective on shares of Cars.com in a research report on Monday, November 3rd. Zacks Research downgraded Cars.com from a "strong-buy" rating to a "hold" rating in a report on Tuesday, October 7th. Finally, DA Davidson restated a "buy" rating and issued a $13.50 target price on shares of Cars.com in a research note on Tuesday, November 18th. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $17.70.
View Our Latest Report on Cars.com
Hedge Funds Weigh In On Cars.com
Large investors have recently modified their holdings of the business. Hill Path Capital LP grew its holdings in shares of Cars.com by 23.2% in the 3rd quarter. Hill Path Capital LP now owns 2,481,032 shares of the company's stock valued at $30,318,000 after acquiring an additional 468,000 shares in the last quarter. Brown Advisory Inc. bought a new stake in Cars.com during the second quarter worth about $16,456,000. American Century Companies Inc. boosted its position in Cars.com by 13.0% during the third quarter. American Century Companies Inc. now owns 1,203,622 shares of the company's stock valued at $14,708,000 after purchasing an additional 138,229 shares during the last quarter. Par Capital Management Inc. bought a new position in Cars.com in the second quarter valued at approximately $14,220,000. Finally, Arrowstreet Capital Limited Partnership grew its stake in Cars.com by 23.1% in the third quarter. Arrowstreet Capital Limited Partnership now owns 1,057,322 shares of the company's stock valued at $12,920,000 after purchasing an additional 198,077 shares in the last quarter. 89.15% of the stock is currently owned by institutional investors and hedge funds.
Cars.com Company Profile
(
Get Free Report)
Cars.com operates as a leading online automotive marketplace in the United States, connecting car shoppers with new and used vehicle listings from dealerships and private sellers. The platform enables consumers to research makes and models, compare prices, read expert and user reviews, and access tools such as TrueCost to estimate ownership expenses over time. Through its website and mobile applications, Cars.com aims to simplify the car-buying process by aggregating detailed vehicle data, payment calculators, and dealership ratings into a single user-friendly experience.
On the dealer side, Cars.com provides a suite of marketing and lead-generation services designed to help automotive retailers reach potential buyers and manage their online presence.
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