Cars.com (NYSE:CARS) Posts Earnings Results, Misses Expectations By $0.11 EPS

Cars.com (NYSE:CARS) announced its earnings results on Thursday. The company reported $0.41 earnings per share for the quarter, missing the consensus estimate of $0.52 by ($0.11), Zacks reports. Cars.com had a return on equity of 9.99% and a net margin of 5.46%. Cars.com updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Cars.com Trading Down 18.4 %

Shares of CARS traded down $2.82 on Thursday, hitting $12.49. 1,372,108 shares of the stock traded hands, compared to its average volume of 452,047. Cars.com has a 1 year low of $12.27 and a 1 year high of $21.24. The stock’s 50 day moving average is $17.32 and its two-hundred day moving average is $17.46. The firm has a market capitalization of $808.27 million, a P/E ratio of 21.45 and a beta of 2.15. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 0.93.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. JPMorgan Chase & Co. boosted their price target on shares of Cars.com from $20.00 to $21.00 and gave the stock a “neutral” rating in a research note on Friday, November 8th. UBS Group increased their price objective on shares of Cars.com from $17.00 to $20.00 and gave the company a “neutral” rating in a research note on Friday, November 8th. Finally, Barrington Research reaffirmed an “outperform” rating and issued a $25.00 target price on shares of Cars.com in a research note on Monday.

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.