Cars.com (NYSE:CARS) Releases Earnings Results

Cars.com (NYSE:CARS) issued its quarterly earnings data on Thursday. The company reported $0.41 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.11), Zacks reports. Cars.com had a return on equity of 9.99% and a net margin of 5.46%. Cars.com updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Cars.com Stock Performance

NYSE:CARS traded down $3.28 during mid-day trading on Thursday, hitting $12.03. 2,398,167 shares of the company traded hands, compared to its average volume of 480,349. The stock’s fifty day moving average price is $17.32 and its 200-day moving average price is $17.46. Cars.com has a one year low of $11.97 and a one year high of $21.24. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 0.93. The firm has a market cap of $778.49 million, a price-to-earnings ratio of 20.73 and a beta of 2.15.

Analysts Set New Price Targets

Several brokerages recently commented on CARS. Barrington Research reaffirmed an “outperform” rating and issued a $25.00 price objective on shares of Cars.com in a report on Monday. JPMorgan Chase & Co. lifted their price objective on Cars.com from $20.00 to $21.00 and gave the stock a “neutral” rating in a report on Friday, November 8th. Finally, UBS Group boosted their price target on Cars.com from $17.00 to $20.00 and gave the company a “neutral” rating in a report on Friday, November 8th.

Cars.com Company Profile

Cars.com Inc, through its subsidiaries, operates as a digital automotive marketplace that connects local car dealers to consumers in the United States. The company offers a suite of digital solutions that creates connections between individuals researching cars or looking to purchase a car with car dealerships and automotive original equipment manufacturers.