Grufity logoGrufity logo
StocksFundsSearch FilingsAPI

Cars.com Inc Stock Research

CARS

17.16USD-0.30(-1.72%)Delayedas of 21 Sep 2023, 10:11 am
Watchlist

Market Summary

USD17.16-0.30
Delayedas of 21 Sep 2023, 10:11 am
-1.72%

CARS Alerts

  • 1 major insider sales recently.
  • Big jump in Earnings (Y/Y)

CARS Stock Price

CARS RSI Chart

CARS Valuation

Market Cap

1.2B

Price/Earnings (Trailing)

10.28

Price/Sales (Trailing)

1.74

EV/EBITDA

12.54

Price/Free Cashflow

9.43

CARS Price/Sales (Trailing)

CARS Profitability

EBT Margin

5.02%

Return on Equity

6.32%

Return on Assets

2.43%

Free Cashflow Yield

10.61%

CARS Fundamentals

CARS Revenue

Revenue (TTM)

668.0M

Revenue Y/Y

3.26%

Revenue Q/Q

0.66%

CARS Earnings

Earnings (TTM)

112.9M

Earnings Y/Y

1.6K%

Earnings Q/Q

719.98%

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

Current Ratio

1.35

CARS Investor Care

Buy Backs (1Y)

3.93%

Diluted EPS (TTM)

1.65

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for CARS

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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
-

1–10 of 50

Which funds bought or sold CARS recently?

View All Details
Datesorted ascendingFund NameType% 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
-%

1–10 of 44

Latest Funds Activity

Are funds buying CARS calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own CARS
No. of Funds

Schedule 13G FIlings of Carscom

Date FiledName of FilerPercent of ClassNo. of SharesForm 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
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.7T
289.5B
4.39% 32.17%
27.89
5.87
4.10% -15.36%
18.2B
2.9B
-1.82% 9.13%
-62.56
6.34
5.59% -232.17%
15.0B
4.5B
-3.53% -18.79%
-11.12
3.36
-1.20% -62.91%
MID-CAP
2.0B
1.7B
4.40% -34.40%
-77.69
1.2
37.20% 16.13%
SMALL-CAP
2.9B
1.3B
3.88% 23.40%
68.45
2.31
13.37% -11.47%
2.0B
1.2B
-2.77% 14.64%
25.59
1.68
-21.22% -20.70%
1.2B
668.0M
-7.52% 49.87%
10.28
1.74
5.05% 1097.26%
1.0B
295.8M
-0.20% 51.56%
-31.32
3.46
25.93% 54.51%
760.3M
266.0M
-7.64% -54.68%
28.86
2.86
-9.46% 93.78%
541.2M
296.2M
17.90% 34.68%
-1.42
1.83
-0.71% -155.26%
484.5M
580.6M
-8.96% -20.74%
-7.04
0.83
-0.25% -1212.23%
91.2M
77.2M
-10.57% 11.09%
26.91
1.18
17.86% 893.44%
26.5M
28.0M
7.49% -31.40%
-15.34
0.95
14.61% -122.54%

Carscom News

GuruFocus.com
Unveiling Cars.com (CARS)'s Value: Is It Really Priced Right? A ....
GuruFocus.com,
39 hours ago
Cars.com
Simply Wall St
Automotive News
HowToiSolve
PR Newswire
Simply Wall St
Automotive 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)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue0.8%668,040662,737653,876643,980635,938628,595623,683618,386606,225552,704547,503546,682554,380600,578606,682618,841636,063656,368662,127654,346644,933
Operating Expenses1.4%603,467595,113587,840593,693593,476585,863575,345558,213539,063518,4211,434,8301,445,2001,919,6771,947,6471,052,7421,045,737586,912583,664578,203555,464535,008
  S&GA Expenses1.6%226,580223,082221,879217,231215,564212,218208,335207,182201,010181,737183,448185,294190,307212,011217,432211,444216,480221,676226,740229,735224,643
EBITDA-100.0%-92,93081,65060,51066,46767,46572,68676,25182,48759,929-860,989-855,863-1,313,468-1,296,889-389,176------
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 Expenses2.6%-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%28,04833,28122,5766655,2254,7189,48314,96322,633-7,735-936,409-939,494-1,403,761-1,385,868-475,279-455,12120,29644,23556,92973,52086,136
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 Income363.9%112,92624,34517,2064,0609,4329,85310,79120,8946,202-24,408-817,120-828,449-1,242,345-1,223,727-445,324-431,85710,09728,84938,809181,210186,401
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%-106,873108,79797,35686,012101,018118,811135,988139,524142,910121,90499,34987,73068,33880,227------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets8.3%1,0861,0021,0251,0501,0511,0691,0079981,0211,0361,0761,0681,0781,2562,0282,0602,5272,5802,6012,6162,640
  Current Assets8.8%157145149155138138147162162158178154142291122130113141154147148
    Cash Equivalents51.8%29.0019.0032.0032.0018.0030.0039.0052.0052.0054.0068.0044.0057.0018714.0020.0010.0028.0025.0018.0018.00
  Net PPE-1.1%45.0046.0045.0045.0044.0043.0043.0046.0046.0043.0041.0041.0041.0044.0044.0043.0041.0041.0041.0041.0041.00
  Goodwill0%10310310310210310226.00-------506506885885884884884
Liabilities-1.5%608617640674660673609632663690736746749908887918958988974981996
  Current Liabilities12.3%12110710610685.0096.0094.0096.0096.0098.0090.0011395.0098.0099.00122113120111114104
    LT Debt, Current8.5%17.0015.0014.0013.0012.0010.009.008.008.008.008.0033.0030.0031.0031.0033.0032.0030.0027.0024.0021.00
    LT Debt, Non Current-1.0%434439458483496499457471502524576559609763611631644652665678702
Shareholder's Equity24.0%4773853843773913963983953853743683223293481,1411,1411,5691,5931,6271,6351,644
  Retained Earnings8.4%-1,022-1,116-1,128-1,138-1,135-1,141-1,145-1,170-1,172-1,178-1,156-1,191-1,179-1,154-367-36263.0089.00118129140
  Additional Paid-In Capital-0.1%1,4991,5011,5121,5151,5261,5371,5451,5401,5341,5301,5301,5251,5211,5161,5151,5131,5141,5101,5081,5051,503
Shares Outstanding-0.6%66.0067.0066.0067.0069.0069.0066.0069.0069.0068.0067.0067.0067.0067.0067.0067.0067.0068.0068.0070.0071.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations12.8%14212612911310111813815816116013911810892.00101123144175164160160
  Share Based Compensation4.9%24.0023.0022.0022.0022.0022.0021.0021.0020.0018.0015.0013.008.007.008.007.0011.0011.009.009.007.00
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 Financing5.7%-110-116-51.49-31.91-35.03-39.26-127-128-144-276-67.73-75.35-40.3291.00-91.54-100-134-14213.003.00-0.78
  Buy Backs-16.2%43.0051.0049.0040.0023.005.00-------20.0040.0061.0088.0011897.00103100

CARS Income Statement

2023-06-30
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 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 operations30,41529,50460,21057,256
Product and technology24,95623,11749,05744,424
Marketing and sales58,15354,655116,450111,749
General and administrative17,64917,21135,95333,771
Depreciation and amortization24,66923,00148,71147,554
Total operating expenses155,842147,488310,381294,754
Operating income12,33415,38524,86326,326
Nonoperating expense:    
Interest expense, net(8,150)(9,047)(16,394)(18,377)
Other (expense) income, net(3,133)(54)5,106154
Total nonoperating expense, net(11,283)(9,101)(11,288)(18,223)
Income before income taxes1,0516,28413,5758,103
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:    
Basic66,76269,19466,64669,329
Diluted68,49370,25768,11870,505
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 revenue12,40214,14425,94529,318
Other    
Revenue:    
Total revenue$ 2,465$ 4,742$ 6,147$ 7,359
[1]The increase in Net income, and basic and diluted earnings per share for the three and six months ended June 30, 2023 is primarily related to the release of a significant portion of the Company's valuation allowance for deferred tax assets that had been recorded as a result of the 2020 goodwill and intangible asset impairment. For more information, see Note 11 (Income Taxes).

CARS Balance Sheet

2023-06-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 28,605$ 31,715
Accounts receivable, net111,237107,930
Prepaid expenses10,1048,377
Other current assets7,363605
Total current assets157,309148,627
Property and equipment, net45,20145,218
Goodwill102,856102,856
Intangible assets, net668,771707,088
Deferred tax assets, net91,25548
Investments and other assets, net20,15121,033
Total assets1,085,5431,024,870
Current liabilities:  
Accounts payable19,88818,230
Accrued compensation16,34319,316
Current portion of long-term debt, net16,75814,134
Other accrued liabilities67,57454,332
Total current liabilities120,563106,012
Noncurrent liabilities:  
Long-term debt, net434,210458,249
Other noncurrent liabilities53,31376,179
Total noncurrent liabilities487,523534,428
Total liabilities608,086640,440
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, respectively00
Common Stock at par, $0.01 par value; 300,000 shares authorized; 66,477 and 66,287 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively665662
Additional paid-in capital1,499,3631,511,944
Accumulated deficit(1,022,571)(1,128,176)
Total stockholders' equity477,457384,430
Total liabilities and stockholders' equity$ 1,085,543$ 1,024,870
Alex Vetter
1600
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.