Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Cars.com (NYSE: CARS) was $12.22 for the day, down -0.16% from the previous closing price of $12.24. In other words, the price has decreased by -$0.16 from its previous closing price. On the day, 0.62 million shares were traded. CARS stock price reached its highest trading level at $12.4 during the session, while it also had its lowest trading level at $12.1.
Ratios:
Our analysis of CARS’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.28. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 781493440 and an Enterprise Value of 1205460992. As of this moment, Cars.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.09, and their Forward P/E ratio for the next fiscal year is 4.96. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.08 while its Price-to-Book (P/B) ratio in mrq is 1.54. Its current Enterprise Value per Revenue stands at 1.676 whereas that against EBITDA is 7.502.
Stock Price History:
The Beta on a monthly basis for CARS is 1.91, which has changed by -0.28295255 over the last 52 weeks, in comparison to a change of 0.10063088 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 $10.80. The 50-Day Moving Average of the stock is -19.43%, while the 200-Day Moving Average is calculated to be -29.38%.
Shares Statistics:
CARS traded an average of 683.43K shares per day over the past three months and 1009390 shares per day over the past ten days. 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 93.56% stake in the company. Shares short for CARS as of 1741910400 were 2400913 with a Short Ratio of 3.51, compared to 1739491200 on 1828827. Therefore, it implies a Short% of Shares Outstanding of 2400913 and a Short% of Float of 6.7.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
