Cars.com Inc. (NYSE:CARS) has been given an average recommendation of “Hold” by the eight research firms that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $27.50.

CARS has been the subject of several recent analyst reports. Craig Hallum upgraded Cars.com from a “hold” rating to a “buy” rating and set a $25.75 price target for the company in a research note on Thursday, January 17th. BTIG Research upgraded Cars.com from a “neutral” rating to a “buy” rating and set a $30.00 price target for the company in a research note on Tuesday, January 22nd. ValuEngine lowered Cars.com from a “hold” rating to a “sell” rating in a research note on Tuesday, February 19th. Citigroup initiated coverage on Cars.com in a research note on Friday, December 7th. They issued a “neutral” rating and a $27.00 price target for the company. Finally, DA Davidson set a $31.00 price target on Cars.com and gave the company a “buy” rating in a research note on Wednesday, January 16th.

A number of large investors have recently bought and sold shares of the business. Oberweis Asset Management Inc. increased its stake in Cars.com by 4.6% during the 4th quarter. Oberweis Asset Management Inc. now owns 11,300 shares of the company’s stock worth $243,000 after buying an additional 500 shares in the last quarter. Victory Capital Management Inc. increased its stake in Cars.com by 4.1% during the 4th quarter. Victory Capital Management Inc. now owns 14,771 shares of the company’s stock worth $318,000 after buying an additional 575 shares in the last quarter. Citigroup Inc. increased its stake in Cars.com by 4.3% during the 4th quarter. Citigroup Inc. now owns 20,871 shares of the company’s stock worth $448,000 after buying an additional 853 shares in the last quarter. Texas Permanent School Fund increased its stake in Cars.com by 2.3% during the 4th quarter. Texas Permanent School Fund now owns 41,280 shares of the company’s stock worth $888,000 after buying an additional 914 shares in the last quarter. Finally, Thrivent Financial for Lutherans increased its stake in Cars.com by 6.3% during the 4th quarter. Thrivent Financial for Lutherans now owns 16,294 shares of the company’s stock worth $350,000 after buying an additional 963 shares in the last quarter.

Shares of Cars.com stock traded up $0.53 on Thursday, hitting $22.87. The company’s stock had a trading volume of 929,501 shares, compared to its average volume of 1,002,121. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.41. Cars.com has a 1 year low of $20.14 and a 1 year high of $32.94. The firm has a market cap of $1.53 billion, a PE ratio of 12.57, a P/E/G ratio of 2.66 and a beta of 1.20.

Cars.com (NYSE:CARS) last announced its quarterly earnings results on Thursday, February 28th. The company reported $0.14 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.23 by ($0.09). Cars.com had a net margin of 5.86% and a return on equity of 7.78%. On average, sell-side analysts expect that Cars.com will post 1.74 EPS for the current year.

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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Analyst Recommendations for Cars.com (NYSE:CARS)

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