CARS - Cars.com Inc.
| Previous Close | 23.00 |
| Open | 22.67 |
| Bid | 0.01 x 800 |
| Ask | 0.00 x 800 |
| Day's Range | 22.53 - 23.03 |
| 52 Week Range | 19.74 - 32.94 |
| Volume | 1,326,079 |
| Avg. Volume | 1,180,751 |
| Market Cap | 1.515B |
| Beta (3Y Monthly) | N/A |
| PE Ratio (TTM) | 54.53 |
| EPS (TTM) | 0.42 |
| Earnings Date | Aug 6, 2019 - Aug 12, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 27.31 |
Motley Fool•9 days agoCars.com Inc. (CARS) Q1 2019 Earnings Call Transcript
CARS earnings call for the period ending March 31, 2019.
- InvestorPlace•10 days ago
Cars.com Earnings: CARS Stock Revs Higher on Q1 Beat
Cars.com (NYSE:CARS) unveiled its latest quarterly earnings results, which came in stronger than what analysts called for on the company's revenue mark, playing a role in lifting CARS stock on Friday.The Chicago, Ill.-based business said that for its first quarter of its fiscal 2019, it brought in a loss of $9 million, which was disappointing when considering that the brand brought in a profit during the same period in its fiscal 2019. The company added that this figure tallied up to 13 cents per share, or 31 cents per share when adjusted for one-time gains and costs.InvestorPlace - Stock Market News, Stock Advice & Trading TipsCars.com also amassed revenue of $154.2 million during its first three months of its fiscal 2019, which also came in ahead of what the Wall Street consensus estimate called for. Zacks Investment Research compiled a survey of analysts, which included data from three of them, arriving at an earnings consensus guidance of $152.4 million.The company added that during its first quarter, the average number of monthly unique visitors increased 16% when compared to the same period a year ago, reaching $22.4 million. Additionally, Cars.com said that traffic increased by 175 points to 132.5 million visits.Plus, the business reaffirmed the full-year revenue guidance that it had previously shared, which is slated to be somewhere in the range of $628 million to $675 million. Wall Street sees this figure as being about $649 million.CARS stock is up roughly 6% on Friday following the company's strong quarterly earnings showing. More From InvestorPlace * 10 Great Stocks to Buy on Dips * 7 Dangerous Dividend Stocks to Stay Far Away From * 7 Cloud Stocks to Buy on Overcast Days Compare Brokers The post Cars.com Earnings: CARS Stock Revs Higher on Q1 Beat appeared first on InvestorPlace.
- Zacks•10 days ago
Cars.com (CARS) Misses Q1 Earnings Estimates
Cars.com (CARS) delivered earnings and revenue surprises of -3.12% and 1.21%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
- Associated Press•10 days ago
Cars.com: 1Q Earnings Snapshot
The Chicago-based company said it had a loss of 13 cents per share. Earnings, adjusted for one-time gains and costs, came to 31 cents per share. The online automotive marketplace posted revenue of $154.2 ...
- PR Newswire•10 days ago
Cars.com Reports First Quarter 2019 Results
Strong Organic Traffic Growth Accelerating into Q2 Leading to All Time High Brand Awareness Improving Dealer Sales and Retention; Solutions Strategy Driving Strength in ARPD Strong Cash Generation Strategic ...
- PR Newswire•14 days ago
Cars.com Extends Deadline for Nomination of Directors for the 2019 Annual Meeting of Stockholders and Announces Reporting Date for First Quarter 2019 Financial Results
CHICAGO, May 6, 2019 /PRNewswire/ -- Cars.com Inc. (CARS) ("Cars.com" or the "Company"), a leading digital automotive marketplace, today announced that the Board of Directors of the Company has determined to further extend until 5:00 p.m. Central Time on June 5, 2019, the deadline for the proper written notice of the nomination of director candidates to the Company for its 2019 annual meeting of stockholders. Notice of the extension will also be set forth in a Form 8-K to be filed by the Company today. The date and location of the 2019 annual meeting of stockholders of the Company have yet to be established.
- Zacks•17 days ago
Options Traders Expect Huge Moves in Cars.com (CARS) Stock
Investors need to pay close attention to Cars.com (CARS) stock based on the movements in the options market lately.
- Insider Monkey•18 days ago
Here’s What Hedge Funds Think About About Cars.com Inc. (CARS)
Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before the Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the fourth […]
- Simply Wall St.•19 days ago
What Should Investors Know About Cars.com Inc.'s (NYSE:CARS) Future?
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Cars.com Inc.'s (NYSE:CARS) latest earnings announcement in December 2018 revealed...
- Zacks•19 days ago
Earnings Preview: Cars.com (CARS) Q1 Earnings Expected to Decline
Cars.com (CARS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- PR Newswire•27 days ago
Cars.com Partners with Tragedy Assistance Program for Survivors (TAPS) for Memorial Day Weekend Campaign
CHICAGO, April 23, 2019 /PRNewswire/ -- Leading digital automotive marketplace Cars.com (CARS) today announced a partnership that will help drive awareness of the Tragedy Assistance Program for Survivors (TAPS), an organization that helps families grieving a military loss. CARS is committing up to $1 million of media on its website to TAPS with the help of its dealer and automaker partners. Through Memorial Day, for every new or upgraded digital solutions service from Cars.com, Dealer Inspire or DealerRater, CARS will match the first month's investment with the equivalent in media value for TAPS, helping spread the word about its great work to attract volunteers and donors nationwide. In addition, car shoppers can donate directly to TAPS on Cars.com.
- PR Newswire•last month
Cars.com Study Suggests EV Owners Lack Brand Loyalty, Aside from Tesla's Cult-Like Following
While Car Shoppers Cite Range Anxiety, Battery Life and Price as Top Concerns for Electric Vehicle Ownership; Cars.com Research Reveals 95% of Current Owners Would Buy Again CHICAGO , April 18, 2019 /PRNewswire/ ...
- Zacks•last month
Cars.com (CARS) Surges: Stock Moves 6.4% Higher
Cars.com (CARS) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.
- PR Newswire•last month
Cars.com Extends Deadline for Nomination of Directors for the 2019 Annual Meeting of Stockholders
CHICAGO, April 17, 2019 /PRNewswire/ -- Cars.com Inc. (CARS), a leading digital automotive marketplace, today announced that the Board of Directors of the Company has determined to further extend until 5:00 p.m. Central Time on May 15, 2019, the deadline for the proper written notice of the nomination of director candidates to the Company for its 2019 annual meeting of stockholders. Notice of the extension will also be set forth in a Form 8-K to be filed by the Company today. The date and location of the 2019 annual meeting of stockholders of the Company have yet to be established.
- InvestorPlace•last month
Cars.com Stock Is Lagging, But There Is Hope Ahead
Cars.com (NYSE:CARS) has a two-front marketing model. They need to market to the auto dealerships and consumers alike. Usually that's not an ideal situation, but in this case it works out well for the company. Both of its marketing targets need the services that the company provides.Source: Shutterstock Auto dealers are slaves to their advertising. The clock starts ticking on every car as soon as its wheels hit their lot. The longer a vehicle sits at the dealership the higher the degree its margin drops. So they overspend on marketing to maintain their foot onto their lots.On the other side of the equation, we have the consumers, and we all know how we we love our cars. And with the cheap money that is available right now, almost everybody with a job can afford a car they want.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSo, our fascination with cars and our means will keep the demand high for services like this for years to come. Evidence of this is the popularity of similar companies that serve the same market. Carvana (NYSE:CVNA) stock is up 79% year to date. CARS Stock Is In a Good SpotThis environment is not likely to change so the opportunity for CARS stock should also remain favorable for more upside. The U.S. Federal Reserve and the rest of the central banks globally are committed to keeping rates low for an extended period of time. Therefore cheap money will remain available. And for as long as the job market is as hot as it is right now, the car market will continue to thrive. * 7 High-Risk Stocks With Big Potential Rewards In addition, the company will continue to benefit from the electronic trend that is sweeping the world. We have committed to making every transaction in our lives electronic. The days of doing the research on foot are gone, and this is especially true for the automotive industry.By the time we visit the dealership, we can already know all the features of the car we like and have a ton of reviews and rankings. We can even know the average price in a certain zip codes and the inventory that is available there. This is valuable to consumers and will remain an asset to the company.So the field is set for the company, and it comes down to management's execution. The company has been public for about two years and it's not great that cars.com stock is down 15%. Sure, it has had its glory days, but since the high the stock set in July of 2018, it has been sliding inside of a descending channel four months.Granted, last year was exceptionally sour for stocks in general as sentiment on Wall Street was terrible into the end of the year. But since then, this situation has flipped 180 degrees yet CARS still lags the S&P 500 by half. Clearly investors are not trusting of its ownership.However, there is recent good news from the technical perspective, and therein lies the closest opportunity.For the past 12 months, cars.com stock is down 20% while the S&P is up 10%. But there could be light at the end of the tunnel. Yes, it is still lagging the indices, but it is making positive strides. The range in which the stock has been trading is tightening drastically and coming to a point.This usually builds up energy in the stock chart that needs to release itself in a big move. The direction of the move, however, is still unknown. But the body language of the chart is positive because it has been setting higher lows since the December bottom.Catching falling knives like this is dangerous. However CARS stock is showing signs of a bottoming process. If the bulls can close above $24 per share in the next couple of weeks, they could invite momentum buyers. From there, they would have the opportunity to challenge $25.50 per share which was the most important pivotal area in a year.It won't be easy since these are zones where both bulls and bears agree on the price so they will fight it out hard thereby creating resistance on the way up. But if the bulls can prevail then they can overshoot and perhaps even attempt to recover January high.Fundamentally, the stock is not cheap as it sells at 42 trailing price to earnings ratio. However it's not extravagant when you consider the value of the company itself and its price to sales ratio of 2.3. So it sounds like management can improve its income statement just by controlling spending if they need to.But then again the point of this write-up is technical, and knowing that there is value below to support the thesis is a good thing. I know that I'm not buying into a massive bubble that's about to burst. Therefore it is an opportunity worth investigating.So if I already own shares of CARS for the long term I'd hold them. Else the stock could be ready to pop if it triggers off $23.60 and then above $24.40 per share. And if the stock market in general continues to rally as it has been, CARS would have added wind in its sails.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. You can follow him as @racernic on Twitter and Stocktwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Data Center Buys That Deliver Sizable Income * 7 High-Risk Stocks With Big Potential Rewards * 3 Marijuana Stocks to Watch as New York, New Jersey Delay Legalization Compare Brokers The post Cars.com Stock Is Lagging, But There Is Hope Ahead appeared first on InvestorPlace.
- Simply Wall St.•last month
The Cars.com (NYSE:CARS) Share Price Is Down 20% So Some Shareholders Are Getting Worried
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Passive investing in an index fund is a good way to ensure your own returns roughly match the overall market. But if you...
- Zacks•2 months ago
Why Cars.com (CARS) Could Be Positioned for a Slump
Cars.com (CARS) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.
- PR Newswire•2 months ago
2019 Volkswagen Tiguan Named Cars.com "Best Compact SUV of 2019"
Exceptional driving dynamics, comfortable and quiet interior, and sophisticated multimedia system help Tiguan earn top spot for the second year in a row CHICAGO , March 27, 2019 /PRNewswire/ -- The results ...
- Zacks•2 months ago
Abercrombie and Fitch, Cars.com, Health Insurance Innovations, Aflac and Torchmark highlighted as Zacks Bull and Bear of the Day
Abercrombie and Fitch, Cars.com, Health Insurance Innovations, Aflac and Torchmark highlighted as Zacks Bull and Bear of the Day
- Simply Wall St.•2 months ago
Is Cars.com Inc.’s (NYSE:CARS) Balance Sheet A Threat To Its Future?
Cars.com Inc. (NYSE:CARS) is a small-cap stock with a market capitalization of US$1.5b. While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they endRead More...
- GlobeNewswire•2 months ago
Analysis: Positioning to Benefit within The Goodyear Tire & Rubber, Cars, Tutor Perini, CVS Health, VMware, and Horizon Pharma Public — Research Highlights Growth, Revenue, and Consolidated Results
NEW YORK, March 05, 2019 -- In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders,.
- Benzinga•3 months ago
Analysts Still Hot On Cars.com Despite Revenue Declines
Cars.com Inc (NYSE: CARS ) has nearly recovered from its fourth-quarter earnings plunge. Management reported softer-than-expected revenue with underperformance in multiple metrics. Still, Barrington considered ...
Motley Fool•3 months agoCars.com Inc. (CARS) Q4 2018 Earnings Conference Call Transcript
CARS earnings call for the period ending December 31, 2018.
