Date | Price Target | Rating | Analyst |
---|---|---|---|
8/9/2024 | $25.00 → $19.00 | Overweight → Neutral | JP Morgan |
9/15/2023 | $20.00 | Neutral | UBS |
7/20/2023 | $26.00 | Buy | B. Riley Securities |
7/20/2023 | $28.00 | Buy | B. Riley Securities |
6/27/2023 | $23.00 | Overweight | JP Morgan |
6/21/2022 | $19.00 → $16.00 | Buy | BTIG Research |
2/2/2022 | Neutral | Northcoast | |
11/15/2021 | $19.00 → $20.00 | Buy | DA Davidson |
Revenue Grew 6% Year-over-Year and OEM and National Revenue Achieved Record 28% Year-Over-Year Growth Dealer Base Grew to 19,390 Customers While Sustaining Robust Average Revenue Per Dealer Generated $69MM of Year-To-Date Cash Flows From Operating Activities Targets Returning 50% of Second Half 2024 Free Cash Flow to Shareholders Through Share Repurchases Reaffirms Full Year Adjusted EBITDA Outlook and Updates Revenue Outlook CHICAGO, Aug. 8, 2024 /PRNewswire/ -- Cars.com Inc. (NYSE:CARS) (d/b/a "Cars Commerce Inc." or the "Company"), an audience-driven technology company empowering the automotive industry, today released its financial results for the second quarter ended June 30, 2024.
CHICAGO, July 25, 2024 /PRNewswire/ -- Cars.com Inc. (NYSE:CARS) (d/b/a "Cars Commerce Inc" or the "Company"), an audience-driven technology company empowering the automotive industry, today announced that it expects to report its financial results for the second quarter ended June 30, 2024, on Thursday, August 8, 2024. The Company will host a conference call with a live webcast at 8:00 a.m. CT/9:00 a.m. ET on the same day to discuss the results. The conference call will be hosted by Chief Executive Officer, Alex Vetter and Chief Financial Officer, Sonia Jain. Those interested
Delivered Strong Revenue Growth Including 13% Year-Over-Year OEM and National Growth Achieved 5% ARPD Year-Over-Year Growth Generated $33MM of Year-To-Date Cash Flows From Operating Activities Amended and Extended Credit Agreement into a $350MM All-Revolver Structure CHICAGO, May 9, 2024 /PRNewswire/ -- Cars.com Inc. (NYSE:CARS) (d/b/a "Cars Commerce Inc." or the "Company"), an audience-driven technology company empowering the automotive industry, today released its financial results for the first quarter ended March 31, 2024. Q1 2024 Financial Highlights Revenue of $180.2 mi
The Nasdaq 100 closed lower by over 1% on Thursday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision. Below is a look at a few recent notable insider sales. For more, check out Benzinga’s insider transactions platform. Lyft The Trade: Lyft, Inc. (NASDAQ:LYFT) Chief Accounting Officer Lisa Blackwood-Kapral sold a total of 9,083 shares at an average pr
Barrington Research analyst Gary Prestopino maintains Cars.com (NYSE:CARS) with a Outperform and maintains $25 price target.
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SC 13G/A - Cars.com Inc. (0001683606) (Subject)
Convoy, the nation's leading digital freight network, today announced that Sonia Jain has been appointed Chief Financial Officer, effective April 25, 2022. Jain will assume the role from Convoy's President & Chief Operating Officer, Mark Okerstrom, who has served as acting CFO since December 2020. In this role, Jain will leverage her 15+ years of experience in finance leadership and strategy roles to oversee Convoy's finance function. Jain will report directly to Mark Okerstrom. Jain joins Convoy from Cars.com (NYSE:CARS), where she has been Chief Financial Officer since 2020. Sonia has extensive expertise in accounting, finance & analytics, treasury, investor relations and strategic plann
CHICAGO, March 10, 2022 /PRNewswire/ -- Cars.com Inc. (NYSE:CARS) ("CARS" or the "Company"), the leading automotive marketplace platform that provides a robust set of digital solutions, today announced the retirement of Chief Legal Officer (CLO) James F. "Jim" Rogers, effective April 29, 2022. Jim has served as CLO since October 2016. "On behalf of the CARS team, I want to extend my deepest thanks to Jim for his many contributions to the Company over the past five years," said Alex Vetter, Chief Executive Officer of CARS. "During his years of service, Jim built a strong Legal
Online marketplace veteran partners with Clicbrics founders to expand reach across India Clicbrics, India's most advanced digital residential real estate platform, today announced that it has appointed Mr. Scott Forbes, Chairman of Ascential plc. and Cars.com, senior independent director of Auction Technology Group and former Chairman of Rightmove, to the company's Board of Directors. Mr. Forbes has significant board and leadership experience across online marketplaces and digital commerce as well as the property, travel, hospitality, auction and media sectors. His extensive experience includes developing and co-developing business strategy, undertaking strategic transformation and growin
10-Q - Cars.com Inc. (0001683606) (Filer)
8-K - Cars.com Inc. (0001683606) (Filer)
144 - Cars.com Inc. (0001683606) (Subject)
4/A - Cars.com Inc. (0001683606) (Issuer)
Used-Car Market Levels Out Amid Softening Trade-In Values and Increased Inventory CHICAGO, Sept. 19, 2024 /PRNewswire/ -- Cars.com Inc. (NYSE:CARS) (d/b/a "Cars Commerce."), an audience-driven technology company empowering the automotive industry, outlines shifts in the automotive industry in its August Industry Insights Report. This comprehensive report, crafted by Cars Commerce's expert data analysts, delves into macro and micro automotive market insights by analyzing supply, demand, pricing and consumer behavior data from across the company's platform, including Cars.com®, Dealer Inspire® and Accu-Trade®.
Used-Car Market Struggles With Shortage of Low-Mileage Vehicles, Leading to Price Decline and Influx of High-Mileage Inventory CHICAGO, Aug. 16, 2024 /PRNewswire/ -- Cars.com Inc. (NYSE:CARS) (d/b/a "Cars Commerce."), an audience-driven technology company empowering the automotive industry, outlines shifts in the automotive industry in its July Industry Insights Report. This comprehensive report, crafted by Cars Commerce's expert data analysts, delves into macro and micro automotive market insights by analyzing supply, demand, pricing and consumer behavior data from across the company's platform, including Cars.com®, Dealer Inspire® and Accu-Trade®.
Only Six Vehicles — All SUVs — Take Top Spots in Cars.com's 2024 Best Cars for Car Seats Report, With Half From Volkswagen CHICAGO, Aug. 13, 2024 /PRNewswire/ -- Car-shopping marketplace Cars.com™ (NYSE:CARS) reports over 60% of parents say car seats play a pivotal role in their purchase decision, with some going as far as to bring a car seat to the dealership for a test fit before buying.1 Of parents who brought a car seat to the dealership, 84% said their questions were answered effectively, making the process smoother and more reassuring.1 To further aid parents, Cars.com's 2024 Best Cars for Car Seats Report provides current and expecting parents with a resource that evaluates which vehi
JP Morgan downgraded Cars.com from Overweight to Neutral and set a new price target of $19.00 from $25.00 previously
UBS initiated coverage of Cars.com with a rating of Neutral and set a new price target of $20.00
B. Riley Securities initiated coverage of Cars.com with a rating of Buy and set a new price target of $26.00
4 - Cars.com Inc. (0001683606) (Issuer)
4 - Cars.com Inc. (0001683606) (Issuer)
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