Cars.com (CARS) Earning Somewhat Negative Press Coverage, Study Finds
Media coverage about Cars.com (NYSE:CARS) has trended somewhat negative this week, according to Accern Sentiment. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cars.com earned a coverage optimism score of -0.02 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 47.0175327989309 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news stories that may have effected Accern’s scoring:
- Complaint Review: KeepSolid Inc. (ripoffreport.com)
- Radio Active Car Stereos Inc (news-daily.com)
- AMERICAS CARMART INC : Change in Directors or Principal Officers (form 8-K) (4-traders.com)
- Cars Are Meant To Be Driven (jalopnik.com)
- Autoliv : Car carcartel gets fined R140 million (4-traders.com)
CARS has been the topic of a number of research reports. B. Riley initiated coverage on Cars.com in a report on Monday, October 2nd. They issued a “buy” rating and a $36.00 target price on the stock. Barrington Research upped their target price on Cars.com from $40.00 to $45.00 and gave the company an “outperform” rating in a report on Monday, November 6th. Finally, Zacks Investment Research downgraded Cars.com from a “hold” rating to a “strong sell” rating in a report on Monday, November 13th.
Cars.com (NYSE CARS) traded down $0.24 during trading hours on Friday, reaching $24.11. The company had a trading volume of 468,069 shares, compared to its average volume of 1,559,478. Cars.com has a 12-month low of $19.90 and a 12-month high of $29.47. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.43 and a current ratio of 1.43.
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Cars.com Inc owns a digital automotive marketplace business (Cars.com). Cars.com is an online research destination for car shoppers. The Company is engaged in the sale of online subscription advertising products targeting car dealerships. It offers a suite of products and services targeting the automotive needs of its buyer and seller customers.
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