|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||27.50 - 29.89|
|52 Week Range||20.94 - 32.28|
|PE Ratio (TTM)||8.96|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||34.00|
At the Detroit Auto Show, Alex Vetter, Cars.com president and CEO, discusses expectations for autos in 2018 and what he sees for the company going forward.
CHICAGO, March 23, 2018 /PRNewswire/ -- Cars.com Inc. (CARS) ("Cars.com" or the "Company"), a leading online automotive marketplace, today announced that its Board of Directors (the "Board") will appoint Michael Kelly, Bryan Wiener and an additional independent director, to be mutually agreed upon by Cars.com and Starboard Value LP ("Starboard"), to the Board promptly following the Company's 2018 Annual Meeting of Stockholders (the "Annual Meeting").
CHICAGO, March 22, 2018 /PRNewswire/ -- Cars.com Inc. (CARS) ("Cars.com" or the "Company"), a leading online automotive marketplace, today announced that its Board of Directors (the "Board") has authorized the repurchase of up to $200 million of the Company's common stock. The Company intends to fund the share repurchase program with cash from operations. Alex Vetter, Chief Executive Officer, said, "Over the past several months, we have successfully negotiated the conversion of nearly 60% of our wholesale revenue into our direct sales channel, closed on the acquisition of Dealer Inspire and Launch Digital Marketing, and made strategic investments in technology and product innovation.
WALTHAM, Mass., March 21, 2018 /PRNewswire/ -- DealerRater, the world's leading dealer review website, announced today an enhancement to Salesperson Connect™ that makes it possible for shoppers to review comprehensive profiles of a dealer's salespeople, such as their biographies and the 25 most recent reviews, as well as email salespersons directly from the Cars.com site before they arrive at the dealership. "A great customer review does more than improve a dealer's reputation -- positive reviews improve a dealer's bottom line," said Jamie Oldershaw, general manager of DealerRater.
NAPERVILLE, Ill., March 21, 2018 /PRNewswire/ -- Dealer Inspire® (DI) is a technology company that has revolutionized the online car shopping experience through digital solutions that future-proof dealerships for changing consumer behaviors. At the 2018 National Automobile Dealers Association (NADA) Show Expo in Las Vegas from March 23-25, DI will launch two new digital solutions: Website Voice Search, which allows users to use only their voice to navigate search results on a dealer's website, and Metal℠, a next generation vehicle inventory management tool.
CHICAGO, March 21, 2018 /PRNewswire/ -- Cars.com™ (CARS) announced today the launch of Cars Social, a new digital ad product that will help dealers attract more quality customers through social media. In addition, Cars.com indicated that at the 2018 National Automobile Dealers Association (NADA) Show Expo in Las Vegas from March 23-25, the company will make available to its customers Conversations™, the first integrated Dealer Inspire product since the recent acquisition.
CHICAGO , March 19, 2018 /PRNewswire/ -- Cars.com ™ (NYSE: CARS) today announced the addition of Sachin Gadhvi to its marketing leadership team as Vice President of Growth Marketing. In this newly created ...
The company’s earnings per share was a boon to CARS stock by coming in above Wall Street’s estimate of 31 cents for the period. The company says it expects revenue to grow by 10% to 11% from its 2017 revenue of $626.26 million.
Announces Closing of Dealer Inspire and Launch Digital Marketing Acquisition CHICAGO , March 6, 2018 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("Cars.com" or the "Company"), a leading ...
NEW YORK, Feb. 23, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Immersion ...
CHICAGO , Feb. 22, 2018 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("Cars.com" or the "Company"), a leading online automotive marketplace, today announced that it expects to report ...
Stock Monitor: Asbury Automotive Group Post Earnings Reporting LONDON, UK / ACCESSWIRE / February 16, 2018 / Active-Investors.com has just released a free research report on Cars.com Inc. (NYSE: CARS ). ...
CHICAGO, Feb. 14, 2018 /PRNewswire/ -- Cars.com Inc. (CARS) ("Cars.com" or the "Company"), a leading online automotive marketplace, today announced it has entered into a definitive agreement to acquire privately-held Dealer Inspire and Launch Digital Marketing ("LDM"), market-leading technology companies that provide digital solutions to automotive dealers, for $165 million in cash at closing with potential additional consideration based on future performance. Cars.com will supplement Dealer Inspire's and LDM's sales of innovative dealer technologies by integrating and distributing relevant digital solutions through the Company's sales network for the benefit of its more than 20,000 dealer customers nationwide.
CHICAGO, Feb. 5, 2018 /PRNewswire/ -- Cars.com (CARS) has received three industry honors, including being named a "Top 10 Company to Watch in 2018" from AutoSuccess Magazine and awarded "Top Rated Services to Dealerships" for New Car Leads and Used Car Advertising in the ninth annual DrivingSales Dealer Satisfaction Awards. "It is an honor for the Cars.com brand to be recognized for the meaningful connections it makes between buyers and sellers," said Brooke Skinner Ricketts, Cars.com's chief marketing officer.
CHICAGO, Feb. 5, 2018 /PRNewswire/ -- The Big Game was a fierce football competition and a battle for the six automakers who ran a combined 11 commercials during the game on Sunday, February 4. "Our site analytics show that not all eyes are on the football game at all times. Millions of consumers are using a second screen like a phone or tablet to visit Cars.com during the Big Game to research and shop in real-time—a sign that big budget advertising spends are paying off for auto brands," said David Greene, Cars.com data strategy manager.
Cars.com Inc. and media company Tronc Inc. said on Tuesday that they've agreed to a deal to convert Tronc's eight affiliate markets, including Los Angeles and Chicago, into Cars.com's direct retail channel. ...
CHICAGO, Jan. 30, 2018 /PRNewswire/ -- Cars.com Inc. (CARS) ("Cars.com"), a leading online automotive marketplace, and media company tronc, Inc. (TRNC) ("tronc") today announced an agreement to convert tronc's eight affiliate markets into Cars.com's direct retail channel, effective February 1, 2018. The converting markets include Los Angeles and Chicago, the nation's second and third largest markets for new vehicle sales in 2017, according to Cars.com's data, which is aligned with Nielsen's household DMA statistics.
Top U.S. and Canadian car dealers are recognized for high marks in online customer reviews WALTHAM, Mass. , Jan. 26, 2018 /PRNewswire/ -- DealerRater , the world's leading car dealer review website, has ...
The addition of Subramanian follows a comprehensive search process that concluded when the Board approved his candidacy on December 15, 2017. Subramanian has more than fifteen years of leadership and management experience in the technology and digital retail fields focused on digital transformations and building out best-in-class consumer experiences in competitive environments.
CHICAGO and SACRAMENTO, Calif., Jan. 4, 2018 /PRNewswire/ -- Cars.com Inc. (CARS), a leading online automotive marketplace, and McClatchy (NYSE American: MNI), a news media company, today announced an agreement to convert the remaining 17 affiliate markets into the Cars.com direct sales channel prior to the October 2019 affiliate agreement expiration date. The new agreement includes marketing support payments through 2019 reflecting a continuing relationship between Cars.com and McClatchy, a smooth transition and an opportunity to immediately introduce digital advertising solutions for the benefit of dealer customers.
Shares of Cars.com (NYSE: CARS) rallied 8% during after-hours trading on Monday after activist investment firm Starboard Value disclosed a 9.9% stake in the digital automotive marketplace operator. Prior ...