Cars.com (NYSE: CARS) is -29.08% lower on its value in year-to-date trading and has touched a low of $11.53 and a high of $21.24 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CARS stock was last observed hovering at around $11.65 in the last trading session, with the day’s gains setting it 0.64%.
Currently trading at $12.29, the stock is -19.25% and -26.01% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.13 million and changing 5.49% at the moment leaves the stock -31.00% off its SMA200. CARS registered -31.87% loss for a year compared to 6-month gain of -29.25%.
The stock witnessed a -30.53% loss in the last 1 month and extending the period to 3 months gives it a -38.37%, and is -6.89% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.98% over the week and 4.98% over the month.
Cars.com (CARS) has around 1800 employees, a market worth around $784.69M and $719.15M in sales. Current P/E ratio is 17.19 and Fwd P/E is 4.98. Profit margin for the company is 6.70%. Distance from 52-week low is 6.55% and -42.14% from its 52-week high. The company has generated returns on investments over the last 12 months (4.88%).
The EPS is expected to grow by 32.40% this year.
Cars.com (CARS) Top Institutional Holders
The shares outstanding are 64.39M, and float is at 58.40M with Short Float at 3.13%.
The top institutional shareholder in the company is BLACKROCK INC. with over 9.84 million shares valued at $193.85 million. The investor’s holdings represent 14.8374% of the CARS Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 9.74 million shares valued at $191.88 million to account for 14.6389 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 7.08 million shares representing 10.6768% and valued at over $139.49 million, while GREENVALE CAPITAL LLP holds 5.5773 of the shares totaling 3.71 million with a market value of $73.1 million.
Cars.com (CARS) Insider Activity
The most recent transaction is an insider sale by Greenthal Jill A, the company’s Director. SEC filings show that Greenthal Jill A sold 10,990 shares of the company’s common stock on Dec 02 ’24 at a price of $19.85 per share for a total of $0.22 million. Following the sale, the insider now owns 90973.0 shares.
Still, SEC filings show that on Nov 26 ’24, Greenthal Jill A (Director) disposed off 4,524 shares at an average price of $19.86 for $89847.0. The insider now directly holds 101,963 shares of Cars.com (CARS).
