|Bid||10.20 x 1000|
|Ask||10.46 x 1300|
|Day's Range||9.82 - 10.33|
|52 Week Range||8.23 - 28.50|
|Beta (3Y Monthly)||1.02|
|PE Ratio (TTM)||69.73|
|Earnings Date||Nov 5, 2019 - Nov 11, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||14.42|
CHICAGO, Oct. 14, 2019 /PRNewswire/ -- Julie Scott, a digital marketing leader, has joined the leading digital marketplace and solutions provider for the automotive industry, Cars.com™ (CARS), as the company's new vice president and general manager of national sales. Scott brings more than 20 years of experience to this role, having proven herself a creative revenue generator and agenda-setting strategic leader. Scott will drive growth in Cars.com's national sales channel, focusing on business-driving advertising solutions for OEMs, regional dealership groups and brands looking to tap into Cars.com's unparalleled insights and its audience of more than 22 million unique visitors each month.
CHICAGO, Oct. 7, 2019 /PRNewswire/ -- Cars.com Inc. (CARS) ("Cars.com" or the "Company"), today announced the completion of an amendment to its existing credit facility, which resets the total net leverage covenant during the remaining term of the credit agreement while preserving the favorable pricing structure from the original agreement. The amendment increases the Company's maximum total net leverage ratio from 3.75x to 4.50x with incremental step downs through maturity on May 31, 2022. At June 30, 2019, the Company's total net leverage was 3.25x.
CHICAGO, Sept. 23, 2019 /PRNewswire/ -- The results of Cars.com's (CARS) 2019 Mid-Size Pickup Truck Challenge are in, and the 2019 Honda Ridgeline won top honors. With more Americans growing intrigued by mid-size trucks as an alternative to sedans and SUVs for personal use, Cars.com decided for the first time to publish a pickup truck challenge on its primary site rather than sister site PickupTrucks.com. "Mid-sized pickup trucks are a class where brand loyalties are less ingrained than they are with full-size trucks," said Jenni Newman, editor-in-chief of Cars.com.
Traffic momentum driven by product innovation and increased investment to drive dealer profitability and sales volume CHICAGO , Sept. 16, 2019 /PRNewswire/ -- Leading digital marketplace and solutions ...
Automotive technology leader selected as website provider for General Motors, giving 4,000+ U.S.-based Chevrolet, Buick, GMC, and Cadillac dealers access to advanced website platform. NAPERVILLE, Ill. ...
CEO and President of Cars.com Inc (30-Year Financial, Insider Trades) Thomas Alex Vetter (insider trades) bought 11,000 shares of CARS on 09/11/2019 at an average price of $9.58 a share. Continue reading...
NEW YORK , Sept. 6, 2019 /PRNewswire/ -- S&P Dow Jones Indices will make the following index adjustments to the S&P MidCap 400 and S&P SmallCap 600 to ensure each index more appropriately represents its ...
CHICAGO, Aug. 29, 2019 /PRNewswire/ -- While the temperatures may be starting to cool down, things are just starting to heat up between Americans and their cars as the majority admit to having strong feelings of love toward their personal vehicles, according to a new Cars.com (NYSE: CARS) national survey. The survey uncovered that nearly three-quarters of Americans (73 percent) love their car a lot, and more than two-thirds (69 percent) have a significant amount of pride in their vehicle. The majority of respondents are more concerned with maintaining the health of their vehicle than their own oral health — nearly two-thirds of respondents (63 percent) confess they service their vehicle more often than they go to the dentist.
Stupendous value, strong cargo versatility and straightforward controls drive the Santa Fe to the top CHICAGO , Aug. 26, 2019 /PRNewswire/ -- The results of Cars.com's (NYSE: CARS) 2019 Mid-Size SUV Challenge ...
It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...
CEO and President of Cars.com Inc (30-Year Financial, Insider Trades) Thomas Alex Vetter (insider trades) bought 20,000 shares of CARS on 08/07/2019 at an average price of $10.19 a share. Continue reading...
“In recent days, we’d come to terms with the possibility of a “no deal;” announcement, but we were caught by surprise by CARS’ significantly weaker financial forecast this morning,” White wrote in a note.
Cars.com Inc. shares tumbled 35% Monday after the digital marketplace for car sales said its board has completed a strategic review without receiving any actionable bids and will now work to execute a plan to drive growth.
Cars.com news for Monday concerning its earnings results and a strategic review update has CARS stock falling hard.Source: Shutterstock Let's start with the Cars.com (NYSE:CARS) earnings report for the second quarter of 2019. This has the company reporting earnings per share of 30 cents on revenue of $148.20 million. For comparison, the company reported earnings per share and revenue of 48 cents and $168.50 million in the same period of the year prior.That's a mixed result for the online car listing company's second quarter of the year. The revenue comes in well below Wall Street's estimate of $160.50 million for the quarter. However, the earnings per share are sitting comfortably above analysts' estimate of 9 cents for the period.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe Cars.com news release also includes its outlook for the full year of 2019. It is expecting revenue for the year to be down 6% to 9% from 2018. It is also looking for Adjusted EBITDA margin to be between 27% and 29% for the year.Another bit of Cars.com news comes in the form of a strategic review update. The company has completed this review and it says that there was no actionable option that was available during the review process. * 10 Generation Z Stocks to Buy Long "After consultation with our financial and legal advisors, the Board has concluded that the best interests of shareholders are served by continuing to focus on our strategic plan and opportunities to drive growth and shareholder returns as an independent public company," Scott Forbes, Chairman of the Board, said in a statement.CARS stock was down 33% as of Monday afternoon. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Generation Z Stocks to Buy Long * 5 Growth Stocks to Buy After the Rate Cut * 5 Dependable Dividend ETFs to Invest In As of this writing, William White did not hold a position in any of the aforementioned securities.The post Cars.com News: Why CARS Stock Is Crashing Today appeared first on InvestorPlace.
Cars.com nosedives after the company announced it will remain independent following a review that it did not yield a buyer. Yahoo Finance's Alexis Christoforous and Dan Howley discuss.