Cars.com (NYSE: CARS) is -39.82% lower on its value in year-to-date trading and has touched a low of $9.56 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 $10.05 in the last trading session, with the day’s gains setting it 0.38%.
Currently trading at $10.43, the stock is -8.58% and -9.65% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.78 million and changing 3.78% at the moment leaves the stock -34.97% off its SMA200. CARS registered -39.50% loss for a year compared to 6-month loss of -35.06%.
The stock witnessed a -10.78% gain in the last 1 month and extending the period to 3 months gives it a -39.54%, and is -12.35% 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 5.72% over the week and 3.87% over the month.
Cars.com (CARS) has around 1800 employees, a market worth around $662.62M and $718.00M in sales. Current P/E ratio is 15.52 and Fwd P/E is 4.86. Profit margin for the company is 6.32%. Distance from 52-week low is 9.10% and -50.89% from its 52-week high. The company has generated returns on investments over the last 12 months (4.80%).
The EPS is expected to grow by 1.92% this year.
Cars.com (CARS) Top Institutional Holders
The shares outstanding are 63.71M, and float is at 56.99M with Short Float at 6.43%.
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 14.7893% 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 10.6421% 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).
