Market Summary
USD17.16-0.30
Delayedas of 21 Sep 2023, 10:11 am-1.72%
CARS Stock Price
CARS RSI Chart
CARS Valuation
CARS Price/Sales (Trailing)
CARS Profitability
CARS Fundamentals
CARS Revenue
CARS Earnings
Price Action
52 Week Range
10.9122.84
(Low)(High)
Last 7 days
-4.3%
Last 30 days
-7.5%
Last 90 days
-6.6%
Trailing 12 Months
49.9%
CARS Financial Health
CARS Investor Care
Historical Charts for Stock Metrics
Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
Get all data in R, Python etc through our Historical Stock Data APIs
Latest Insider Trading transactions for CARS
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-08-24 | Vetter Thomas Alex | sold | -335,654 | 19.00 | -17,666 | ceo |
2023-06-14 | WIENER BRYAN | sold | -274,350 | 18.29 | -15,000 | - |
2023-06-07 | McGovern Jr. Donald A. | acquired | - | - | 9,371 | - |
2023-06-07 | Kelly Michael Joseph | acquired | - | - | 9,371 | - |
2023-06-07 | FORBES SCOTT E | acquired | - | - | 13,275 | - |
2023-06-07 | Hale Thomas E | acquired | - | - | 9,371 | - |
2023-06-07 | Greenthal Jill A | acquired | - | - | 9,371 | - |
2023-06-07 | Ross Jenell | acquired | - | - | 9,371 | - |
2023-06-07 | WIENER BRYAN | acquired | - | - | 9,371 | - |
2023-06-07 | DEVARD JERRI | acquired | - | - | 9,371 | - |
Which funds bought or sold CARS recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | new | - | 218,020 | 218,020 | -% |
2023-08-21 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 5.61 | 33,000 | 414,000 | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -3.42 | -12,707 | 1,534,960 | -% |
2023-08-21 | OSAIC HOLDINGS, INC. | reduced | -94.74 | -528,675 | 30,195 | -% |
2023-08-16 | Sunbelt Securities, Inc. | unchanged | - | 13.00 | 297 | -% |
2023-08-16 | Nuveen Asset Management, LLC | reduced | -16.03 | -1,298,160 | 8,130,840 | -% |
2023-08-15 | PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | reduced | -21.23 | -4,000 | 19,000 | -% |
2023-08-15 | GAMCO INVESTORS, INC. ET AL | unchanged | - | 10,660 | 406,310 | -% |
2023-08-15 | LAZARD ASSET MANAGEMENT LLC | reduced | -7.81 | -333,000 | 5,928,000 | 0.01% |
2023-08-15 | State of Tennessee, Treasury Department | added | 27.27 | 217,098 | 924,366 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of Carscom
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2023 | greenvale capital llp | 8.1% | 5,428,353 | SC 13G/A | |
| Feb 13, 2023 | ninety one uk ltd | 4.99% | 3,329,718 | SC 13G | |
| Feb 09, 2023 | fmr llc | - | 0 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 10.76% | 7,170,244 | SC 13G/A | |
| Jan 26, 2023 | blackrock inc. | 15.3% | 10,215,563 | SC 13G/A | |
| Jan 20, 2023 | blackrock inc. | 15.3% | 10,215,563 | SC 13G/A | |
| Feb 11, 2022 | greenvale capital llp | 7.5% | 5,176,900 | SC 13G/A | |
| Feb 09, 2022 | vanguard group inc | 11.13% | 7,693,181 | SC 13G/A | |
| Feb 08, 2022 | dimensional fund advisors lp | 5.0% | 3,460,058 | SC 13G/A | |
| Jan 10, 2022 | blackrock inc. | 14.9% | 10,303,274 | SC 13G/A |
Recent SEC filings of Carscom
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Aug 28, 2023 | 4 | Insider Trading | |
| Aug 24, 2023 | 144 | Notice of Insider Sale Intent | |
| Aug 03, 2023 | 8-K | Current Report | |
| Aug 03, 2023 | 10-Q | Quarterly Report | |
| Jun 16, 2023 | 4 | Insider Trading | |
| Jun 15, 2023 | 144 | Notice of Insider Sale Intent |
Peers (Alternatives to Carscom)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
GOOG | 1.7T | 289.5B | 4.39% | 32.17% | 27.89 | 5.87 | 4.10% | -15.36% |
PINS | 18.2B | 2.9B | -1.82% | 9.13% | -62.56 | 6.34 | 5.59% | -232.17% |
SNAP | 15.0B | 4.5B | -3.53% | -18.79% | -11.12 | 3.36 | -1.20% | -62.91% |
| MID-CAP | ||||||||
TRIP | 2.0B | 1.7B | 4.40% | -34.40% | -77.69 | 1.2 | 37.20% | 16.13% |
| SMALL-CAP | ||||||||
YELP | 2.9B | 1.3B | 3.88% | 23.40% | 68.45 | 2.31 | 13.37% | -11.47% |
CARG | 2.0B | 1.2B | -2.77% | 14.64% | 25.59 | 1.68 | -21.22% | -20.70% |
CARS | 1.2B | 668.0M | -7.52% | 49.87% | 10.28 | 1.74 | 5.05% | 1097.26% |
EB | 1.0B | 295.8M | -0.20% | 51.56% | -31.32 | 3.46 | 25.93% | 54.51% |
TTGT | 760.3M | 266.0M | -7.64% | -54.68% | 28.86 | 2.86 | -9.46% | 93.78% |
CDLX | 541.2M | 296.2M | 17.90% | 34.68% | -1.42 | 1.83 | -0.71% | -155.26% |
QNST | 484.5M | 580.6M | -8.96% | -20.74% | -7.04 | 0.83 | -0.25% | -1212.23% |
TZOO | 91.2M | 77.2M | -10.57% | 11.09% | 26.91 | 1.18 | 17.86% | 893.44% |
ZDGE | 26.5M | 28.0M | 7.49% | -31.40% | -15.34 | 0.95 | 14.61% | -122.54% |
Carscom News
Returns for CARS
Cumulative Returns on CARS
-8.0%
5-Year Cumulative Returns
26.6%
3-Year Cumulative Returns
Risks for CARS
What is the probability of a big loss on CARS?
88.8%
Probability that Carscom stock will be more than 20% underwater in next one year
63.5%
Probability that Carscom stock will be more than 30% underwater in next one year.
49.6%
Probability that Carscom stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does CARS drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Carscom was unfortunately bought at previous high price.
Drawdowns
Financials for Carscom
Income Statement (Last 12 Months)(In Thousands)
| Income Statement (Last 12 Months) | (In Thousands) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | 0.8% | 668,040 | 662,737 | 653,876 | 643,980 | 635,938 | 628,595 | 623,683 | 618,386 | 606,225 | 552,704 | 547,503 | 546,682 | 554,380 | 600,578 | 606,682 | 618,841 | 636,063 | 656,368 | 662,127 | 654,346 | 644,933 |
| Operating Expenses | 1.4% | 603,467 | 595,113 | 587,840 | 593,693 | 593,476 | 585,863 | 575,345 | 558,213 | 539,063 | 518,421 | 1,434,830 | 1,445,200 | 1,919,677 | 1,947,647 | 1,052,742 | 1,045,737 | 586,912 | 583,664 | 578,203 | 555,464 | 535,008 |
| S&GA Expenses | 1.6% | 226,580 | 223,082 | 221,879 | 217,231 | 215,564 | 212,218 | 208,335 | 207,182 | 201,010 | 181,737 | 183,448 | 185,294 | 190,307 | 212,011 | 217,432 | 211,444 | 216,480 | 221,676 | 226,740 | 229,735 | 224,643 |
| EBITDA | -100.0% | - | 92,930 | 81,650 | 60,510 | 66,467 | 67,465 | 72,686 | 76,251 | 82,487 | 59,929 | -860,989 | -855,863 | -1,313,468 | -1,296,889 | -389,176 | - | - | - | - | - | - |
| EBITDA Margin | -100.0% | - | 0.14* | 0.12* | 0.09* | 0.10* | 0.11* | 0.12* | 0.12* | 0.14* | 0.11* | -1.57* | -1.57* | -2.37* | -2.16* | -0.64* | - | - | - | - | - | - |
| Interest Expenses | 2.6% | -33,337 | -34,234 | -35,320 | -36,245 | -37,266 | -38,058 | -38,729 | -40,989 | -42,246 | -40,331 | -37,856 | -34,014 | -30,947 | -30,734 | -30,774 | -30,401 | -29,694 | -29,326 | -27,717 | -25,516 | -23,942 |
| Earnings Before Taxes | -15.7% | 28,048 | 33,281 | 22,576 | 665 | 5,225 | 4,718 | 9,483 | 14,963 | 22,633 | -7,735 | -936,409 | -939,494 | -1,403,761 | -1,385,868 | -475,279 | -455,121 | 20,296 | 44,235 | 56,929 | 73,520 | 86,136 |
| EBT Margin | -100.0% | - | 0.05* | 0.03* | 0.00* | 0.01* | 0.01* | 0.02* | 0.02* | 0.04* | -0.01* | -1.71* | -1.72* | -2.53* | -2.31* | -0.78* | - | - | - | - | - | - |
| Net Income | 363.9% | 112,926 | 24,345 | 17,206 | 4,060 | 9,432 | 9,853 | 10,791 | 20,894 | 6,202 | -24,408 | -817,120 | -828,449 | -1,242,345 | -1,223,727 | -445,324 | -431,857 | 10,097 | 28,849 | 38,809 | 181,210 | 186,401 |
| Net Income Margin | -100.0% | - | 0.04* | 0.03* | 0.01* | 0.01* | 0.01* | 0.01* | 0.03* | 0.01* | -0.04* | -1.49* | -1.52* | -2.24* | -2.04* | -0.73* | - | - | - | - | - | - |
| Free Cashflow | -100.0% | - | 106,873 | 108,797 | 97,356 | 86,012 | 101,018 | 118,811 | 135,988 | 139,524 | 142,910 | 121,904 | 99,349 | 87,730 | 68,338 | 80,227 | - | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | 8.3% | 1,086 | 1,002 | 1,025 | 1,050 | 1,051 | 1,069 | 1,007 | 998 | 1,021 | 1,036 | 1,076 | 1,068 | 1,078 | 1,256 | 2,028 | 2,060 | 2,527 | 2,580 | 2,601 | 2,616 | 2,640 |
| Current Assets | 8.8% | 157 | 145 | 149 | 155 | 138 | 138 | 147 | 162 | 162 | 158 | 178 | 154 | 142 | 291 | 122 | 130 | 113 | 141 | 154 | 147 | 148 |
| Cash Equivalents | 51.8% | 29.00 | 19.00 | 32.00 | 32.00 | 18.00 | 30.00 | 39.00 | 52.00 | 52.00 | 54.00 | 68.00 | 44.00 | 57.00 | 187 | 14.00 | 20.00 | 10.00 | 28.00 | 25.00 | 18.00 | 18.00 |
| Net PPE | -1.1% | 45.00 | 46.00 | 45.00 | 45.00 | 44.00 | 43.00 | 43.00 | 46.00 | 46.00 | 43.00 | 41.00 | 41.00 | 41.00 | 44.00 | 44.00 | 43.00 | 41.00 | 41.00 | 41.00 | 41.00 | 41.00 |
| Goodwill | 0% | 103 | 103 | 103 | 102 | 103 | 102 | 26.00 | - | - | - | - | - | - | - | 506 | 506 | 885 | 885 | 884 | 884 | 884 |
| Liabilities | -1.5% | 608 | 617 | 640 | 674 | 660 | 673 | 609 | 632 | 663 | 690 | 736 | 746 | 749 | 908 | 887 | 918 | 958 | 988 | 974 | 981 | 996 |
| Current Liabilities | 12.3% | 121 | 107 | 106 | 106 | 85.00 | 96.00 | 94.00 | 96.00 | 96.00 | 98.00 | 90.00 | 113 | 95.00 | 98.00 | 99.00 | 122 | 113 | 120 | 111 | 114 | 104 |
| LT Debt, Current | 8.5% | 17.00 | 15.00 | 14.00 | 13.00 | 12.00 | 10.00 | 9.00 | 8.00 | 8.00 | 8.00 | 8.00 | 33.00 | 30.00 | 31.00 | 31.00 | 33.00 | 32.00 | 30.00 | 27.00 | 24.00 | 21.00 |
| LT Debt, Non Current | -1.0% | 434 | 439 | 458 | 483 | 496 | 499 | 457 | 471 | 502 | 524 | 576 | 559 | 609 | 763 | 611 | 631 | 644 | 652 | 665 | 678 | 702 |
| Shareholder's Equity | 24.0% | 477 | 385 | 384 | 377 | 391 | 396 | 398 | 395 | 385 | 374 | 368 | 322 | 329 | 348 | 1,141 | 1,141 | 1,569 | 1,593 | 1,627 | 1,635 | 1,644 |
| Retained Earnings | 8.4% | -1,022 | -1,116 | -1,128 | -1,138 | -1,135 | -1,141 | -1,145 | -1,170 | -1,172 | -1,178 | -1,156 | -1,191 | -1,179 | -1,154 | -367 | -362 | 63.00 | 89.00 | 118 | 129 | 140 |
| Additional Paid-In Capital | -0.1% | 1,499 | 1,501 | 1,512 | 1,515 | 1,526 | 1,537 | 1,545 | 1,540 | 1,534 | 1,530 | 1,530 | 1,525 | 1,521 | 1,516 | 1,515 | 1,513 | 1,514 | 1,510 | 1,508 | 1,505 | 1,503 |
| Shares Outstanding | -0.6% | 66.00 | 67.00 | 66.00 | 67.00 | 69.00 | 69.00 | 66.00 | 69.00 | 69.00 | 68.00 | 67.00 | 67.00 | 67.00 | 67.00 | 67.00 | 67.00 | 67.00 | 68.00 | 68.00 | 70.00 | 71.00 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | 12.8% | 142 | 126 | 129 | 113 | 101 | 118 | 138 | 158 | 161 | 160 | 139 | 118 | 108 | 92.00 | 101 | 123 | 144 | 175 | 164 | 160 | 160 |
| Share Based Compensation | 4.9% | 24.00 | 23.00 | 22.00 | 22.00 | 22.00 | 22.00 | 21.00 | 21.00 | 20.00 | 18.00 | 15.00 | 13.00 | 8.00 | 7.00 | 8.00 | 7.00 | 11.00 | 11.00 | 9.00 | 9.00 | 7.00 |
| Cashflow From Investing | -3.1% | -21.62 | -20.97 | -84.38 | -100 | -99.68 | -102 | -39.45 | -21.99 | -21.08 | -17.18 | -16.71 | -18.45 | -20.63 | -23.65 | -21.86 | -20.26 | -17.94 | -15.86 | -171 | -172 | -177 |
| Cashflow From Financing | 5.7% | -110 | -116 | -51.49 | -31.91 | -35.03 | -39.26 | -127 | -128 | -144 | -276 | -67.73 | -75.35 | -40.32 | 91.00 | -91.54 | -100 | -134 | -142 | 13.00 | 3.00 | -0.78 |
| Buy Backs | -16.2% | 43.00 | 51.00 | 49.00 | 40.00 | 23.00 | 5.00 | - | - | - | - | - | - | - | 20.00 | 40.00 | 61.00 | 88.00 | 118 | 97.00 | 103 | 100 |
CARS Income Statement
2023-06-30Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended | ||||
|---|---|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |||
| Revenue: | ||||||
| Total revenue | $ 168,176 | $ 162,873 | $ 335,244 | $ 321,080 | ||
| Operating expenses: | ||||||
| Cost of revenue and operations | 30,415 | 29,504 | 60,210 | 57,256 | ||
| Product and technology | 24,956 | 23,117 | 49,057 | 44,424 | ||
| Marketing and sales | 58,153 | 54,655 | 116,450 | 111,749 | ||
| General and administrative | 17,649 | 17,211 | 35,953 | 33,771 | ||
| Depreciation and amortization | 24,669 | 23,001 | 48,711 | 47,554 | ||
| Total operating expenses | 155,842 | 147,488 | 310,381 | 294,754 | ||
| Operating income | 12,334 | 15,385 | 24,863 | 26,326 | ||
| Nonoperating expense: | ||||||
| Interest expense, net | (8,150) | (9,047) | (16,394) | (18,377) | ||
| Other (expense) income, net | (3,133) | (54) | 5,106 | 154 | ||
| Total nonoperating expense, net | (11,283) | (9,101) | (11,288) | (18,223) | ||
| Income before income taxes | 1,051 | 6,284 | 13,575 | 8,103 | ||
| Income tax (benefit) expense | (93,075) | 739 | (92,030) | (1,782) | ||
| Net income | [1] | $ 94,126 | $ 5,545 | $ 105,605 | $ 9,885 | |
| Weighted-average common shares outstanding: | ||||||
| Basic | 66,762 | 69,194 | 66,646 | 69,329 | ||
| Diluted | 68,493 | 70,257 | 68,118 | 70,505 | ||
| Earnings per share: | ||||||
| Basic | [1] | $ 1.41 | $ 0.08 | $ 1.58 | $ 0.14 | |
| Diluted | [1] | $ 1.37 | $ 0.08 | $ 1.55 | $ 0.14 | |
| Dealer | ||||||
| Revenue: | ||||||
| Total revenue | $ 153,309 | $ 143,987 | $ 303,152 | $ 284,403 | ||
| OEM and National | ||||||
| Revenue: | ||||||
| Total revenue | 12,402 | 14,144 | 25,945 | 29,318 | ||
| Other | ||||||
| Revenue: | ||||||
| Total revenue | $ 2,465 | $ 4,742 | $ 6,147 | $ 7,359 | ||
| ||||||
CARS Balance Sheet
2023-06-30Consolidated Balance Sheets - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 28,605 | $ 31,715 |
| Accounts receivable, net | 111,237 | 107,930 |
| Prepaid expenses | 10,104 | 8,377 |
| Other current assets | 7,363 | 605 |
| Total current assets | 157,309 | 148,627 |
| Property and equipment, net | 45,201 | 45,218 |
| Goodwill | 102,856 | 102,856 |
| Intangible assets, net | 668,771 | 707,088 |
| Deferred tax assets, net | 91,255 | 48 |
| Investments and other assets, net | 20,151 | 21,033 |
| Total assets | 1,085,543 | 1,024,870 |
| Current liabilities: | ||
| Accounts payable | 19,888 | 18,230 |
| Accrued compensation | 16,343 | 19,316 |
| Current portion of long-term debt, net | 16,758 | 14,134 |
| Other accrued liabilities | 67,574 | 54,332 |
| Total current liabilities | 120,563 | 106,012 |
| Noncurrent liabilities: | ||
| Long-term debt, net | 434,210 | 458,249 |
| Other noncurrent liabilities | 53,313 | 76,179 |
| Total noncurrent liabilities | 487,523 | 534,428 |
| Total liabilities | 608,086 | 640,440 |
| Commitments and contingencies | ||
| Stockholders' equity: | ||
| Preferred Stock at par, $0.01 par value; 5,000 shares authorized; no shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively | 0 | 0 |
| Common Stock at par, $0.01 par value; 300,000 shares authorized; 66,477 and 66,287 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively | 665 | 662 |
| Additional paid-in capital | 1,499,363 | 1,511,944 |
| Accumulated deficit | (1,022,571) | (1,128,176) |
| Total stockholders' equity | 477,457 | 384,430 |
| Total liabilities and stockholders' equity | $ 1,085,543 | $ 1,024,870 |
Cars.com Inc. operates as a digital marketplace and provides solutions for the automotive industry. Its platform connects car shoppers with sellers. The company, through its marketplace, dealer websites, and other digital products, showcases dealer inventory, elevate and amplify dealers' and automotive manufacturers' (OEMs) brands, connect sellers with ready-to-buy audience, and empower shoppers with the resources and information needed to make car buying decisions. It also offers marketplace products, such as marketplace subscription advertising and social selling services; digital solutions, including Website platform hosting, AI chat tool, digital retailing, and review and reputation management; and advertising comprising display advertising, instant loan screening and approvals, digital advertising, and in-market audio services. As of December 31, 2021, the company served 19,179 dealer customers in 50 states, which included franchise and independent dealers, with digital and brick-and-mortar stores; and primary automakers selling vehicles in the United States. Its customers are local car dealers, OEMs, and other national advertisers. Cars.com Inc. was founded in 1998 and is based in Chicago, Illinois.