Shares of Cars.com Inc. (NYSE:CARS) have been assigned a consensus recommendation of “Hold” from the six brokerages that are covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, one has given a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $35.00.

Several equities analysts have recently weighed in on the company. ValuEngine downgraded Cars.com from a “hold” rating to a “sell” rating in a report on Tuesday, August 28th. Benchmark restated a “hold” rating on shares of Cars.com in a report on Thursday, August 9th. Barrington Research restated a “buy” rating on shares of Cars.com in a report on Monday, August 6th. Zacks Investment Research downgraded Cars.com from a “hold” rating to a “sell” rating in a report on Wednesday, August 1st. Finally, DA Davidson set a $34.00 price target on Cars.com and gave the company a “buy” rating in a report on Wednesday, May 30th.

Shares of NYSE:CARS traded down $0.56 on Thursday, hitting $26.01. 520,142 shares of the company traded hands, compared to its average volume of 558,458. Cars.com has a 52 week low of $20.94 and a 52 week high of $32.94. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.42 and a quick ratio of 1.42. The company has a market capitalization of $1.86 billion, a PE ratio of 11.41, a PEG ratio of 2.68 and a beta of -0.17.

Cars.com (NYSE:CARS) last issued its quarterly earnings results on Wednesday, August 8th. The company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.57 by ($0.39). Cars.com had a net margin of 28.90% and a return on equity of 7.78%. The company had revenue of $168.50 million for the quarter, compared to the consensus estimate of $171.75 million. During the same quarter in the previous year, the business earned $0.35 earnings per share. Cars.com’s revenue was up 7.6% compared to the same quarter last year. sell-side analysts anticipate that Cars.com will post 1.99 earnings per share for the current fiscal year.

Several large investors have recently modified their holdings of the company. Natixis Advisors L.P. grew its position in Cars.com by 256.8% in the 1st quarter. Natixis Advisors L.P. now owns 43,386 shares of the company’s stock worth $1,229,000 after purchasing an additional 31,226 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Cars.com by 36.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,109,238 shares of the company’s stock worth $88,085,000 after purchasing an additional 824,872 shares during the last quarter. Citigroup Inc. grew its position in Cars.com by 262.0% in the 1st quarter. Citigroup Inc. now owns 106,971 shares of the company’s stock worth $3,030,000 after purchasing an additional 77,421 shares during the last quarter. OMERS ADMINISTRATION Corp grew its position in Cars.com by 20.5% in the 1st quarter. OMERS ADMINISTRATION Corp now owns 14,700 shares of the company’s stock worth $416,000 after purchasing an additional 2,500 shares during the last quarter. Finally, Fiduciary Management Inc. WI grew its position in Cars.com by 19.3% in the 1st quarter. Fiduciary Management Inc. WI now owns 1,905,423 shares of the company’s stock worth $53,981,000 after purchasing an additional 307,643 shares during the last quarter.

About Cars.com

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.

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