Cars.com (NYSE: CARS) is -33.70% lower on its value in year-to-date trading and has touched a low of $11.01 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 $11.27 in the last trading session, with the day’s gains setting it 0.22%.
Currently trading at $11.49, the stock is -10.43% and -26.67% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.2 million and changing 1.95% at the moment leaves the stock -34.39% off its SMA200. CARS registered -30.70% loss for a year compared to 6-month loss of -35.23%. The firm has a 50-day simple moving average (SMA 50) of $15.6698 and a 200-day simple moving average (SMA200) of $17.51385.
The stock witnessed a -33.58% gain in the last 1 month and extending the period to 3 months gives it a -37.35%, and is -1.03% 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 5.26% over the week and 6.23% over the month.
Cars.com (CARS) has around 1800 employees, a market worth around $733.61M and $719.15M in sales. Current P/E ratio is 16.07 and Fwd P/E is 4.66. Profit margin for the company is 6.70%. Distance from 52-week low is 4.36% and -45.90% 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
313.0 institutions hold shares in Cars.com (CARS), with institutional investors hold 103.82% of the company’s shares. The shares outstanding are 64.39M, and float is at 58.40M with Short Float at 3.62%. Institutions hold 94.83% of the Float.
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).
