Cars.com [NYSE: CARS] closed the trading session at $17.64.
The stocks have a year to date performance of 1.79 percent and weekly performance of 4.81 percent. The stock has been moved at -9.12 percent over the last six months. The stock has performed -5.67 percent around the most recent 30 days and changed 9.77 percent over the most recent 3-months.
If compared to the average trading volume of 551.40K shares, CARS reached to a volume of 273909 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Cars.com [CARS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CARS shares is $22.29 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CARS stock is a recommendation set at 2.14. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
JP Morgan have made an estimate for Cars.com shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on August 09, 2024. While these analysts kept the previous recommendation, UBS raised their target price to Neutral. The new note on the price target was released on September 15, 2023, representing the official price target for Cars.com stock. Previously, the target price had yet another raise to $26, while B. Riley Securities analysts kept a Buy rating on CARS stock.
The Average True Range (ATR) for Cars.com is set at 0.54, with the Price to Sales ratio for CARS stock in the period of the last 12 months amounting to 1.59. The Price to Book ratio for the last quarter was 2.28, with the Price to Cash per share for the same quarter was set at 0.77. Price to Free Cash Flow for CARS in the course of the last twelve months was 7.00 with Quick ratio for the last quarter at 1.79.
CARS stock trade performance evaluation
Cars.com [CARS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.81. With this latest performance, CARS shares dropped by -5.67% in over the last four-week period, additionally sinking by -9.12% over the last 6 months – not to mention a rise of 2.98% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CARS stock in for the last two-week period is set at 50.66, with the RSI for the last a single of trading hit 55.92, and the three-weeks RSI is set at 49.45 for Cars.com [CARS]. The present Moving Average for the last 50 days of trading for this stock 18.24, while it was recorded at 17.38 for the last single week of trading, and 17.95 for the last 200 days.
Cars.com [CARS]: An insightful look at the core fundamentals
Cars.com’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.79 and a Current Ratio set at 1.79.
Earnings per share (EPS) analysis for Cars.com [CARS] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CARS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Cars.com go to 23.30%.
Cars.com [CARS]: Institutional Ownership
There are presently around $92.51%, or 101.27%% of CARS stock, in the hands of institutional investors. The top three institutional holders of CARS stocks are: BLACKROCK INC. with ownership of 9.84 million shares, which is approximately 14.8374%. FMR LLC, holding 9.74 million shares of the stock with an approximate value of $$191.88 million in CARS stocks shares; and FMR LLC, currently with $$139.49 million in CARS stock with ownership which is approximately 10.6768%.
