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After finishing at $11.57 in the prior trading day, Cars.com (NYSE: CARS) closed at $11.27, down -2.59%. In other words, the price has decreased by -$2.59 from its previous closing price. On the day, 0.62 million shares were traded. CARS stock price reached its highest trading level at $11.71 during the session, while it also had its lowest trading level at $11.23.
Ratios:
Our goal is to gain a better understanding of CARS by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.87. For the most recent quarter (mrq), Quick Ratio is recorded 1.81 and its Current Ratio is at 1.81. In the meantime, Its Debt-to-Equity ratio is 0.97 whereas as Long-Term Debt/Eq ratio is at 0.93.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on August 09, 2024, Downgraded its rating to Neutral and sets its target price to $19 from $25 previously.
On September 15, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $20.
On July 20, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $26.B. Riley Securities initiated its Buy rating on July 20, 2023, with a $26 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 02 ’24 when Greenthal Jill A sold 10,990 shares for $19.85 per share. The transaction valued at 218,152 led to the insider holds 90,973 shares of the business.
Greenthal Jill A bought 10,990 shares of CARS for $217,603 on Dec 02 ’24. On Nov 26 ’24, another insider, Greenthal Jill A, who serves as the Director of the company, sold 4,524 shares for $19.86 each. As a result, the insider received 89,847 and left with 101,963 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CARS now has a Market Capitalization of 719561344 and an Enterprise Value of 1144805888. As of this moment, Cars.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.76, and their Forward P/E ratio for the next fiscal year is 4.57. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.00 while its Price-to-Book (P/B) ratio in mrq is 1.42. Its current Enterprise Value per Revenue stands at 1.592 whereas that against EBITDA is 7.125.
Stock Price History:
The Beta on a monthly basis for CARS is 1.92, which has changed by -0.33705884 over the last 52 weeks, in comparison to a change of 0.07465422 over the same period for the S&P500. Over the past 52 weeks, CARS has reached a high of $21.24, while it has fallen to a 52-week low of $11.01. The 50-Day Moving Average of the stock is -28.59%, while the 200-Day Moving Average is calculated to be -35.81%.
Shares Statistics:
The stock has traded on average 635.73K shares per day over the past 3-months and 912780 shares per day over the last 10 days, according to various share statistics. A total of 64.39M shares are outstanding, with a floating share count of 58.40M. Insiders hold about 8.53% of the company’s shares, while institutions hold 93.54% stake in the company. Shares short for CARS as of 1740700800 were 2113577 with a Short Ratio of 3.32, compared to 1738281600 on 1690716. Therefore, it implies a Short% of Shares Outstanding of 2113577 and a Short% of Float of 5.8999999999999995.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
