Cars.com (NYSE: CARS) has a price-to-earnings ratio of 45.26x that is above its average ratio. Additionally, the 36-month beta value for CARS is 2.12. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for CARS is 60.32M and currently, short sellers hold a 2.55% ratio of that float. The average trading volume of CARS on September 27, 2024 was 582.10K shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
CARS) stock’s latest price update
Cars.com (NYSE: CARS)’s stock price has decreased by -2.86 compared to its previous closing price of 17.11. However, the company has seen a -9.23% decrease in its stock price over the last five trading sessions. prnewswire.com reported 2024-09-24 that Used Car Shoppers Need to Watch for Telltale Signs of Water Damage CENTREVILLE, Va., Sept. 24, 2024 /PRNewswire/ — We’re halfway through Hurricane Season for 2024 and already tens of thousands of cars are at risk of suffering extensive water damage, CARFAX data shows.
CARS’s Market Performance
Cars.com (CARS) has experienced a -9.23% fall in stock performance for the past week, with a -7.41% drop in the past month, and a -15.85% drop in the past quarter. The volatility ratio for the week is 3.48%, and the volatility levels for the past 30 days are at 2.67% for CARS. The simple moving average for the past 20 days is -5.51% for CARS’s stock, with a -8.79% simple moving average for the past 200 days.
Analysts’ Opinion of CARS
Many brokerage firms have already submitted their reports for CARS stocks, with JP Morgan repeating the rating for CARS by listing it as a “Neutral.” The predicted price for CARS in the upcoming period, according to JP Morgan is $19 based on the research report published on August 09, 2024 of the current year 2024.
UBS, on the other hand, stated in their research note that they expect to see CARS reach a price target of $20. The rating they have provided for CARS stocks is “Neutral” according to the report published on September 15th, 2023.
B. Riley Securities gave a rating of “Buy” to CARS, setting the target price at $26 in the report published on July 20th of the previous year.
CARS Trading at -8.36% from the 50-Day Moving Average
After a stumble in the market that brought CARS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -21.75% of loss for the given period.
Volatility was left at 2.67%, however, over the last 30 days, the volatility rate increased by 3.48%, as shares sank -5.03% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -15.68% lower at present.
During the last 5 trading sessions, CARS fell by -9.23%, which changed the moving average for the period of 200-days by -12.53% in comparison to the 20-day moving average, which settled at $17.55. In addition, Cars.com saw -12.39% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CARS starting from Vetter Thomas Alex, who sale 17,674 shares at the price of $19.23 back on Jul 12 ’24. After this action, Vetter Thomas Alex now owns 598,934 shares of Cars.com, valued at $339,871 using the latest closing price.
Vetter Thomas Alex, the CEO of Cars.com, sale 17,666 shares at $20.09 during a trade that took place back on Jun 14 ’24, which means that Vetter Thomas Alex is holding 616,608 shares at $354,910 based on the most recent closing price.
Stock Fundamentals for CARS
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.67 for the gross margin
The net margin for Cars.com stands at 0.04. The total capital return value is set at 0.05. Equity return is now at value 5.13, with 2.27 for asset returns.
Based on Cars.com (CARS), the company’s capital structure generated 0.49 points at debt to capital in total, while cash flow to debt ratio is standing at 0.31. The debt to equity ratio resting at 0.95. The interest coverage ratio of the stock is 1.59.
Currently, EBITDA for the company is 151.53 million with net debt to EBITDA at 2.94. When we switch over and look at the enterprise to sales, we see a ratio of 2.16. The receivables turnover for the company is 5.55for trailing twelve months and the total asset turnover is 0.64. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.53.
Conclusion
In conclusion, Cars.com (CARS) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
