The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In the latest session, Cars.com (NYSE: CARS) closed at $10.05 down -11.22% from its previous closing price of $11.32. In other words, the price has decreased by -$11.22 from its previous closing price. On the day, 1.73 million shares were traded.
Ratios:
For a deeper understanding of Cars.com’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.32. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:
As of this moment, Cars.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.05, and their Forward P/E ratio for the next fiscal year is 4.10. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.89 while its Price-to-Book (P/B) ratio in mrq is 1.27.
Stock Price History:
Over the past 52 weeks, CARS has reached a high of $21.24, while it has fallen to a 52-week low of $9.87. The 50-Day Moving Average of the stock is -13.18%, while the 200-Day Moving Average is calculated to be -37.51%.
Shares Statistics:
A total of 64.39M shares are outstanding, with a floating share count of 57.57M. Insiders hold about 9.38% of the company’s shares, while institutions hold 91.34% stake in the company.