Does Cars.com (CARS) Have the Potential to Rally 32.07% as Wall Street Analysts Expect?
- The mean of analysts' price targets for Cars.com (CARS) points to a 32.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
- 05/24/2024
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Are Investors Undervaluing Cars.com (CARS) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 05/24/2024
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Natixis Advisors L.P. Makes New $256,000 Investment in Cars.com Inc. (NYSE:CARS)
- Natixis Advisors L.P. bought a new stake in Cars.com Inc. (NYSE:CARS – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 13,537 shares of the company’s stock, valued at approximately $256,000. Other institutional investors and hedge funds have also made changes to their positions in the company. Benjamin Edwards Inc. purchased a new stake in Cars.com in the fourth quarter valued at approximately $144,000. Truist Financial Corp acquired a new position in shares of Cars.com in the 4th quarter valued at $357,000. Harvest Fund Management Co. Ltd purchased a new stake in Cars.com in the 4th quarter valued at $119,000. Wolverine Asset Management LLC boosted its stake in Cars.com by 109.1% during the 4th quarter. Wolverine Asset Management LLC now owns 3,749 shares of the company’s stock worth $71,000 after purchasing an additional 45,000 shares during the period. Finally, Parkside Financial Bank & Trust grew its position in Cars.com by 103.8% during the 4th quarter. Parkside Financial Bank & Trust now owns 2,073 shares of the company’s stock worth $39,000 after purchasing an additional 1,056 shares during the last quarter. 89.15% of the stock is owned by hedge funds and other institutional investors. Cars.com Stock Performance NYSE:CARS opened at $18.47 on Monday. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.98. The firm has a 50-day moving average price of $17.11 and a two-hundred day moving average price of $18.00. Cars.com Inc. has a twelve month low of $14.82 and a twelve month high of $22.84. The company has a market capitalization of $1.22 billion, a P/E ratio of 11.76 and a beta of 2.05. Cars.com (NYSE:CARS – Get Free Report) last released its quarterly earnings results on Thursday, February 22nd. The company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.07). Cars.com had a return on equity of 22.28% and a net margin of 15.34%. The firm had revenue of $179.60 million for the quarter, compared to analyst estimates of $178.40 million. During the same period in the prior year, the business earned $0.15 earnings per share. Cars.com’s revenue for the quarter was up 6.8% on a year-over-year basis. As a group, research analysts expect that Cars.com Inc. will post 0.55 earnings per share for the current fiscal year. Insider Transactions at Cars.com In related news, CEO Thomas Alex Vetter sold 27,625 shares of the company’s stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $19.00, for a total transaction of $524,875.00. Following the completion of the transaction, the chief executive officer now owns 659,647 shares of the company’s stock, valued at $12,533,293. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, insider Douglas Neal Miller sold 1,823 shares of the stock in a transaction that occurred on Thursday, March 7th. The shares were sold at an average price of $18.50, for a total transaction of $33,725.50. Following the completion of the sale, the insider now owns 181,596 shares of the company’s stock, valued at approximately $3,359,526. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Thomas Alex Vetter sold 27,625 shares of Cars.com stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $19.00, for a total transaction of $524,875.00. Following the transaction, the chief executive officer now directly owns 659,647 shares in the company, valued at $12,533,293. The disclosure for this sale can be found here. Insiders own 2.12% of the company’s stock. Analyst Upgrades and Downgrades Separately, Barrington Research reaffirmed an “outperform” rating and issued a $25.00 target price on shares of Cars.com in a report on Monday, May 6th. One investment analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $24.00. Check Out Our Latest Stock Analysis on Cars.com About Cars.com (Free Report) 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. Read More Five stocks we like better than Cars.com How to Use the MarketBeat Excel Dividend Calculator MarketBeat Week in Review – 5/13 – 5/17 What Makes a Stock a Good Dividend Stock? Take-Two Interactive Software Offers 2nd Chance for Investors Stock Dividend Cuts Happen Are You Ready? Deere & Company’s Q2 Report: Strong Revenue, Cautious Outlook
- 05/20/2024
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Cars Commerce April Industry Insights Report Reveals New-Car Inventory Up 35% YoY but Remains a Million Units Below 2019 Levels With Prices Up 30% in the Same Time Frame
- Used-Car Market Moderates; Demand Drops 8%, Prices Decline 6% CHICAGO , May 16, 2024 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a " Cars Commerce Inc ."), an audience-driven technology company empowering the automotive industry, today launched its April Industry Insights Report.
- 05/16/2024
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Cars.com (CARS) CEO on Shifts in E.V. Demand Among Carbuyers
- Cars.com (CARS) CEO Alex Vetter joins Oliver Renick to discuss Cars.com and its 1Q earnings. He talks about how 1Q dealer websites rose 22% year-over-year.
- 05/10/2024
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Cars.com Inc. (CARS) Q1 2024 Earnings Call Transcript
- Cars.com Inc. (NYSE:CARS ) Q1 2024 Earnings Conference Call May 10, 2024 9:00 AM ET Company Participants Catherine Chen - Vice President, Investor Relations Alex Vetter - Chief Executive Officer Sonia Jain - Chief Financial Officer Conference Call Participants Rajat Gupta - JPMorgan Tom White - Davidson Naved Khan - B. Riley Securities Gary Prestopino - Barrington Research Doug Arthur - Huber Research Marvin Fong - BTIG Operator Good morning, ladies and gentlemen and welcome to the Cars.com First Quarter 2024 Earnings Conference Call.
- 05/09/2024
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Cars.com (CARS) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
- The headline numbers for Cars.com (CARS) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 05/09/2024
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Cars.com Reports First Quarter 2024 Results
- Delivered Strong Revenue Growth Including 13% Year-Over-Year OEM and National Growth Achieved 5% ARPD Year-Over-Year Growth Generated $33MM of Year-To-Date Cash Flows From Operating Activities Amended and Extended Credit Agreement into a $350MM All-Revolver Structure CHICAGO , May 9, 2024 /PRNewswire/ -- Cars.com Inc . (NYSE: CARS) (d/b/a "Cars Commerce Inc." or the "Company"), an audience-driven technology company empowering the automotive industry, today released its financial results for the first quarter ended March 31, 2024.
- 05/09/2024
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Cars.com to Announce First Quarter 2024 Financial Results
- CHICAGO , April 25, 2024 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Commerce Inc" or the "Company"), an audience-driven technology company empowering the automotive industry, today announced that it expects to report its financial results for the first quarter ended March 31, 2024, on Thursday, May 9, 2024. The Company will host a conference call with a live webcast at 8:00 a.m.
- 04/25/2024
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KIA FORTE, SOUL, ALL-ELECTRIC EV6 AWARDED AS CARS.COM "2024 BEST VALUE NEW CARS"
- 2024 Forte and 2024 Soul received first and second place honors in the Compact Car segment, respectively All-electric 2024 EV6 recognized as top-three pick among leading electric vehicles IRVINE, Calif. , April 16, 2024 /PRNewswire/ -- Today, Kia received three awards for vehicle excellence from the editors of Cars.com in their annual rankings of "2024 Best Value New Cars.
- 04/16/2024
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Market Prices, Consumer Budgets Inch Closer Together, According to Cars.com's 2024 Affordability Report
- Despite Inflation and Interest Rate Concerns, Half of Americans Are Planning Major Purchases in 2024 CHICAGO , April 16, 2024 /PRNewswire/ -- In its second annual Affordability Report released today, car-shopping marketplace Cars.com® (NYSE: CARS) reveals a retail environment that is more accessible to consumers than it has been for months, and in some cases, years. Cars.com's 2024 Affordability Report is a comprehensive, data-driven resource for cost-conscious car shoppers that offers insights into consumer buying attitudes, an analysis of the current financing and trade-in landscape, and side-by-side vehicle comparisons by model, price, trim package, fuel efficiency and more.
- 04/16/2024
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Ed Martin Automotive Announces 3 Locations Earn 2024 Cars.com Dealer of the Year Awards for Customer Service Excellence
- INDIANAPOLIS, INDIANA, USA, April 15, 2024 /EINPresswire.com/ — Ed Martin Automotive Announces Three Locations Earn 2024 Cars.com Dealer of the Year Awards for Customer Service Excellence Ed Martin Toyota, Ed Martin Nissan and Ed Martin Buick GMC have been awarded a 2024 Dealer of the Year Award in Indiana by car-shopping marketplace Cars.comⓇ (NYSE: CARS). … The post Ed Martin Automotive Announces 3 Locations Earn 2024 Cars.com Dealer of the Year Awards for Customer Service Excellence appeared...
- 04/15/2024
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Tax Season Turbocharges Car Market: Dealers and Buyers Gear Up for a Surge in Shopping Activity, According to Cars Commerce March Industry Insights Report
- Used-Car Bonanza: Supply Climbs, Prices Plummet to 32-Month Low CHICAGO , April 11, 2024 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a " Cars Commerce Inc ."), an audience-driven technology company empowering the automotive industry, today launched its March Industry Insights Report.
- 04/11/2024
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Cars.com's Your Garage Gives Car Owners Market Power for Trade-Ins and New Purchases, Showcased in Latest 'Possibilities' Ad
- New Cars.com Utility Puts in Data from Over Two Million Vehicle Listings in the Hands of Consumers and Allows Them to Easily Track Their Vehicle's Value Over Time1 Your Garage Launches Alongside Dynamic 30-Second Ad and Engaging Social, Radio Content CHICAGO , April 2, 2024 /PRNewswire/ -- Car-shopping marketplace Cars.com Ⓡ (NYSE: CARS) unveils Your Garage, a powerful tool designed to provide car owners with the ability to track the value of their vehicle over time so they can make a more informed decision. Much like tracking the value of a home, Your Garage offers a hub for consumers to keep track of the financial trajectory of their vehicles and know when it comes time to trade it in what the expected value should be when they enter the market.
- 04/02/2024
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The Reviews Are In: Cars.com 2024 Dealer of the Year Awards Recognize the Best Local Car-Shopping Experiences Across America
- Over 1 Million Consumer Reviews Show Responsiveness, Accountability Are Keys to Delivering Excellent Dealership Experience CHICAGO , March 6, 2024 /PRNewswire/ -- Car-shopping marketplace and dealer reputation site Cars.com® (NYSE: CARS) — home to more than 13 million dealership reviews, the most industrywide — today unveiled the winners of its annual Dealer of the Year Awards (DOTY), presented annually to the top automotive dealers. Out of the more than 50,000 U.S. and Canadian auto dealers with profiles, 987 were honored as Cars.com DOTY recipients based on more than 1 million online consumer reviews submitted in 2023.1 Winners were selected based on average star rating, total number of reviews and dealer response to those reviews — all key drivers of repeat and referral business.
- 03/06/2024
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Cars.com and Carvana Stock Facing Weaker Consumer Sentiment
- Cars.com Inc. NYSE: CARS and Carvana Co. NYSE: CVNA are two different ways to play the retail automotive market. Both companies are attempting to modernize and digitize the car buying experience.
- 02/28/2024
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Cars.com (CARS) CEO On Earnings & Auto Industry Trends
- Cars.com (CARS) CEO Alex Vetter joins Nicole Petallides to discuss the company's 4Q earnings. He talks about the auto industry trends, as well as the role technology plays in the auto industry.
- 02/23/2024
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Compared to Estimates, Cars.com (CARS) Q4 Earnings: A Look at Key Metrics
- The headline numbers for Cars.com (CARS) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 02/22/2024
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Cars.com (CARS) Lags Q4 Earnings Estimates
- Cars.com (CARS) came out with quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.15 per share a year ago.
- 02/22/2024
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Cars.com Reports Fourth Quarter and Full Year 2023 Results
- Exceeded Fourth Quarter Guidance, Delivered 7% Year-Over-Year Revenue Growth Achieved 7% Year-Over-Year ARPD Growth coupled with Strong Fourth Quarter OEM Performance Generated $137MM of Annual Cash Flows From Operating Activities CHICAGO , Feb. 22, 2024 /PRNewswire/ -- Cars.com Inc . (NYSE: CARS) (d/b/a "Cars Commerce Inc." or the "Company"), an audience-driven technology company empowering the automotive industry, today released its financial results for the fourth quarter and year ended December 31, 2023.
- 02/22/2024
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Ahead of Cars.com (CARS) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics
- Get a deeper insight into the potential performance of Cars.com (CARS) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
- 02/19/2024
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Cars.com to Announce Fourth Quarter and Full Year 2023 Financial Results
- CHICAGO , Feb. 12, 2024 /PRNewswire/ -- Cars.com Inc.(NYSE: CARS) (d/b/a "Cars Commerce Inc" or the "Company"), an audience-driven technology company empowering automotive, today announced that it expects to report its financial results for the fourth quarter and full year ended December 31, 2023, on Thursday, February 22, 2024. The Company will host a conference call with a live webcast at 8:00 a.m.
- 02/12/2024
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Volkswagen's 'An American Love Story' Ad Zooms Ahead With 394% Surge in Traffic on Cars.com During the Big Game
- Automotive Advertisers Volkswagen, Kia, Toyota and BMW See an Average Traffic Spike of 235% on Cars.com During Last Night's Big Game CHICAGO , Feb. 12, 2024 /PRNewswire/ -- Automakers that bet big on prime-time advertising were among the winners of last night's nail-biting Big Game with significant spikes in consumer traffic to their pages on car-shopping marketplace Cars.com® (NYSE: CARS). Kia, Toyota, Volkswagen and BMW made waves with prime-time commercials highlighting electric vehicles and pickup trucks — but Volkswagen won the competition with a sizable 394% spike in traffic on Cars.com following the airing of its ad, "An American Love Story.
- 02/12/2024
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New 2024 Jeep® Wrangler Named Best SUV of 2024 by Cars.com
- AUBURN HILLS, Mich., Feb. 7, 2024 /PRNewswire/ -- Jeep® Wrangler, the most iconic and recognized SUV ever, earns prestigious Best SUV of 2024 from Cars.com Award applies to new 2024 Wrangler lineup, including Wrangler 2.0- and 3.6-liter gas models, V-8-powered Wrangler Rubicon 392 and plug-in hybrid Wrangler 4xe Electrified Wrangler 4xe delivers 49 MPGe, 21 miles all-electric range and nearly 400 miles total range with no range anxiety Cars.com says Best SUV of 2024 winner represents ultimate in capability, value and versatility The new 2024 Jeep Wrangler offers nine available exterior colors, including new-for-2024 Anvil, and multiple open-air freedom options, including three top choices (soft top, hard top and Sky One-Touch Power Top), two door choices (full doors and half doors), and top and doors off The new 2024 Jeep Wrangler is the Best SUV of 2024, according to Cars.com.
- 02/07/2024
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KIA TELLURIDE NAMED 'BEST FAMILY CAR OF 2024' BY CARS.COM
- - The 2024 Seltos was named a finalist for the overall Best Car of 2024 category - The 2024 Sorento and Telluride were both nominated for the Best SUV of 2024 IRVINE, Calif. , Feb. 7, 2024 /PRNewswire/ -- The 2024 Kia Telluride was named Cars.com's Best Family Car of 2024.
- 02/07/2024
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Cars.com Inc. (CARS) Q3 2023 Earnings Call Transcript
- Cars.com Inc. (NYSE:CARS ) Q3 2023 Earnings Conference Call November 2, 2023 9:00 AM ET Company Participants Robbin Moore-Randolph - Director of Investor Relations Alex Vetter - Chief Executive Officer Sonia Jain - Chief Financial Officer Conference Call Participants Thomas White - D.A. Davidson Rajat Gupta - JPMorgan Naved Khan - B.
- 11/02/2023
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Compared to Estimates, Cars.com (CARS) Q3 Earnings: A Look at Key Metrics
- The headline numbers for Cars.com (CARS) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 11/02/2023
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Cars.com stock rises after online automobile marketplace swings to Q3 profit
- Cars.com Inc. CARS, -1.18% stock rose 2.3% in premarket trades Thursday after the online automobile marketplace swung to a third-quarter profit. The company reported third-quarter net income of $4.5 million, or 7 cents a share, after a net loss of $2.9 million, or 4 cents a share, in the prior year's quarter.
- 11/02/2023
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Cars.com: Driving In Cruise Control
- Cars.com is a leading automotive platform that has been facing challenges as a result of inventory shortages and long delays. However, with improving inventory, growing value-added services, and repricing initiatives, there is better visibility on CARS' ability to drive mid-single-digit growth and sustainable margins. We initiate at Buy and ascribe a target price of $19 at 9.3x EV/ Fwd EBITDA.
- 10/21/2023
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Cars.com Improves Guidance As Car Market Shifts (Rating Upgrade)
- Cars.com Improves Guidance As Car Market Shifts (Rating Upgrade)
- 10/20/2023
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Small Caps That Have Priced In A Hard Landing For Big Upside
- It should not be new information that, when the underlying business cycle turns for the better - or worse - certain groups of stocks tend to anticipate the turn and make their moves, large ones at that, before other pockets of the economy.
- 09/25/2023
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How UAW strike will benefit online auto advertisers like CarGurus and Cars.com
- Tom White, senior research analyst at D.A. Davidson, joins 'The Exchange' to discuss how online auto advertisers like cars.com and CarGurus will benefit from the ongoing auto strike, what this strike means for auto dealers and more.
- 09/19/2023
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Why Analysts Love These 2 Car Sales Platforms, And Avoid Dealers
- Remember when every car dealer on the street had no inventory and lead times extended up to a year for specific brands? The chip shortage causing supply bottlenecks in motor vehicles is taking a back seat to catch its breath and hopefully never come back into the arena.
- 08/30/2023
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2 Stocks that Doubled Earnings Estimates and Sold Off
- With the second-quarter 2023 earnings season underway, many earnings reaction trends are taking place. Companies that beat earnings estimates and raise guidance usually see their stocks gap and go higher.
- 08/08/2023
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Tesla takes top four spots on Cars.com's American-Made Index for 2023
- Tesla Inc. TSLA, +5.34% swept Cars.com's American-Made Index for 2023, with the Model Y leading the list for the second straight year, followed by three of Elon Musk's other electric vehicles. The Tesla Model 3 Sedan took second place, followed by the Model X SUV and the Model S sedan.
- 06/21/2023
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Cars.com consistently offers the highest price for used cars, says BTIG's Marvin Fong
- Marvin Fong, BTIG analyst, and CNBC Phil LeBeau, join 'The Exchange' to discuss a slowdown in used car sales, used car prices dropping lower, and growing availability for new cars.
- 06/07/2023
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Cars.com Inc. (CARS) Q1 2023 Earnings Call Transcript
- Cars.com Inc. (NYSE:CARS ) Q1 2023 Results Conference Call May 4, 2023 9:00 AM ET Company Participants Robbin Moore-Randolph - Director, IR Alex Vetter - CEO Sonia Jain - CFO Conference Call Participants Thomas White - D.A. Davidson Gary Prestopino - Barrington Research Marvin Fong - BTIG Doug Arthur - Huber Research Operator Good morning, and welcome to the Cars First Quarter 2023 Earnings Conference Call.
- 05/06/2023
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Why Cars.com Stock Dropped on Thursday
- First-quarter results met management's early 2023 forecast. Cars.com isn't seeing a meaningful uptick in automotive supply.
- 05/04/2023
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CARS to Announce First Quarter 2023 Financial Results
- CHICAGO , April 20, 2023 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading automotive marketplace platform that provides a robust set of industry-specific digital solutions, today announced that it expects to report its financial results for the first quarter ended March 31, 2023, on Thursday, May 4, 2023. The Company will host a conference call with a live webcast at 8:00 a.m.
- 04/20/2023
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Companies Are Dropping Like Flies (And 10 Are Most At Risk Now)
- Bankruptcy is a real and rising risk again — retraining investors to look for warning signs a company is about to collapse. Failing to spot a bankruptcy can be catastrophic.
- 04/10/2023
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Why Cars.com Stock Is Rising 11% This Week
- The online auto marketplace continues to surpass expectations.
- 02/24/2023
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Cars.com Inc. (CARS) Q4 2022 Earnings Call Transcript
- Cars.com Inc. (NYSE:CARS ) Q4 2022 Earnings Conference Call February 23, 2023 9:00 AM ET Company Participants Robbin Moore-Randolph - Director of Investor Relations. Alex Vetter - Chief Executive Officer Sonia Jain - Chief Financial Officer Conference Call Participants Tom White - D.A.
- 02/23/2023
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Why Cars.com Stock Popped Today
- The online auto marketplace beat estimates on the top and bottom lines.
- 02/23/2023
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Cars.com: Still Strong Trends And Upside Potential
- The company continues to demonstrate a stable level of operating profitability. Despite rising inflation and tightening macro policies, management is able to effectively manage costs.
- 01/24/2023
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Top Wall Street analysts bet on these stocks to beat market volatility
- TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Apple & Starbucks
- 11/13/2022
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Cars.com Inc. (CARS) Q3 2022 Earnings Call Transcript
- Cars.com Inc. (NYSE:CARS ) Q3 2022 Earnings Conference Call November 3, 2022 9:00 AM ET Company Participants Alex Vetter - CEO Sonia Jain - CFO Jandy Tomy - EVP, Finance & Treasurer Robbin Moore-Randolph - Director, IR Conference Call Participants Tom White - D.A. Davidson & Co. Naved Khan - Truist Securities Marvin Fong - BTIG Doug Arthur - Huber Research Partners Operator Good morning, and welcome to the CARS Third Quarter 2022 Earnings Conference Call.
- 11/06/2022
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Cars.com: Beneficial 2022 Guidance And An Affordable Stock Price
- Cars.com is an automotive online marketplace platform that connects car shoppers with sellers. Further investments in traffic and more research and development will likely lead to revenue growth and efficient performance.
- 10/26/2022
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CARS to Announce Third Quarter 2022 Financial Results
- CHICAGO , Oct. 20, 2022 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), the leading automotive marketplace platform that provides a robust set of digital solutions, today announced that it expects to report its financial results for the third quarter ended September 30, 2022, on Thursday, November 3, 2022. The Company will host a conference call with a live webcast at 8:00 a.m.
- 10/20/2022
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Bear of the Day: Cars.com (CARS)
- As inflation raises MSRP the online portals get more competitive and margins get hit
- 09/02/2022
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Cars.com, Inc. (CARS) CEO Alex Vetter on Q2 2022 Results - Earnings Call Transcript
- Cars.com, Inc. (NYSE:CARS ) Q2 2022 Earnings Conference Call August 3, 2022 9:00 AM ET Company Participants Robbin Moore-Randolph - Director, IR Alex Vetter - CEO & Director Jeanette Tomy - Interim CFO Conference Call Participants Naved Khan - Truist Securities Marvin Fong - BTIG Gary Prestopino - Barrington Research Associates Thomas White - D.A. Davidson & Co. Operator Good morning.
- 08/03/2022
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CARS to Announce Second Quarter 2022 Financial Results
- CHICAGO , July 20, 2022 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), the leading automotive marketplace platform that provides a robust set of digital solutions, today announced that it expects to report its financial results for the second quarter ended June 30, 2022, on Wednesday, August 3, 2022. The Company will host a conference call with a live webcast at 8:00 a.m.
- 07/20/2022
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When Will Car Prices Drop in 2022? 2023?
- Car prices have been on a steady climb since the pandemic first wreaked havoc on supply chains. Is that all about to end?
- 07/07/2022
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Cars.com CEO reveals why car prices are up
- Cars.com CEO Alex Vetter provides insight on the car production issue on 'The Claman Countdown.' #FoxBusiness #ClamanCountdown Subscribe to Fox Business!
- 06/03/2022
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Cars.com Inc. (CARS) CEO Alex Vetter on Q1 2022 Results - Earnings Call Transcript
- Cars.com Inc. (NYSE:CARS ) Q1 2022 Earnings Conference Call May 5, 2022 9:00 AM ET Company Participants Robbin Moore-Randolph - Director of Investor Relations Alex Vetter - Chief Executive Officer Jandy Tomy - Interim Chief Financial Officer Conference Call Participants Dan Kurnos - The Benchmark Company Tom White - D.A. Davidson Doug Arthur - Huber Research Gary Prestopino - Barrington Research Operator Good morning, and welcome to the Cars First Quarter 2022 Earnings Conference Call.
- 05/07/2022
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Cars.com (CARS) Tops Q1 Earnings and Revenue Estimates
- Cars.com (CARS) delivered earnings and revenue surprises of 100% and 0.64%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 05/05/2022
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Cars.com Q1 profit falls
- Cars.com Inc. CARS, +3.54% said Thursday its first-quarter net income fell to $4.34 million, or 6 cents a share, from $5.28 million, or 8 cents a share, in the year-ago quarter. Revenue grew by 3% to $158.2 million.
- 05/05/2022
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Cars.com Extends End-to-End Capabilities by Adding Access to Finance, Used Vehicle Valuations
- With two acquisitions made during the last quarter, Cars.com aims to ease two pain points that plague both car dealers and consumers: the time-consuming finance process and the challenges of valuing and selling a used car. By adding two new digital solutions, CreditIQ and Accu-Trade, to the Cars.com platform, the company aims to create a […]
- 02/25/2022
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Cars.com Inc. (CARS) CEO Alex Vetter on Q4 2021 Results - Earnings Call Transcript
- Cars.com Inc. (CARS) CEO Alex Vetter on Q4 2021 Results - Earnings Call Transcript
- 02/24/2022
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Cars.com Clocks 3% Revenue Growth In Q4; Plans $200M Buyback
- Automotive marketplace platform Cars.com Inc (NYSE: CARS) reported fourth-quarter FY21 revenue growth of 3% year-on-year to $158.30 million, marginally missing the consensus of $158.37 million. Average Monthly Unique Visitors improved 6% Y/Y to 23.6 million.
- 02/24/2022
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Cars.com board approves share buyback program of up to $200 million over next three years
- Cars.com Inc. CARS, -1.80% said Thursday its board has approved the repurchase of up to $200 million of its shares over the next three years. The online automobile marketplace said it would fund the buyback using cash from operations.
- 02/24/2022
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Cars.com to Snap Up Accu-Trade to Enter Digital Wholesale Sector
- Automotive marketplace platform Cars.com is finalizing a deal to acquire 100% of the assets of Accu-Trade for $65 million in cash at closing, with the chance for additional cash and stock depending upon reaching particular financial thresholds. Accu-Trade's assets include Galves Market Data and MADE Logistics, which includes real-time, VIN-specific appraisal and valuation data, according […]
- 02/08/2022
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4 Stocks With Low Forward Price-Earnings Ratios
- Investors could be interested in the following securities, as their forward price-earnings ratios are lower than the S&P 500's historical average price-earnings ratio of 15. The projections of future earnings are based on data from Morningstar analysts.
- 12/20/2021
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Why Cars.com Shares Soared in November
- Several factors have contributed to market-trouncing gains for Cars.com since the start of November.
- 12/09/2021
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Here's Why Cars.com Stock Is Bucking the Trend Today
- On a big down day for the overall markets, the online automotive retailer's shares are soaring.
- 11/26/2021
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Cars.com (CARS) Stock: Why The Price Jumped Today
- The stock price of Cars.com Inc (NYSE: CARS) increased by over 7% pre-market today. This is why it happened.
- 11/26/2021
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Why Are Cars.com Shares Trading Higher Today?
- Cars.com Inc (NYSE: CARS) will replace DSP Group Inc (NASDAQ: DSPG) in the S&P SmallCap 600 before the opening of trading on December 2. S&P MidCap 400 constituent Synaptics Inc (NASDAQ: SYNA) is acquiring DSP Group in a deal likely to be completed by December 2.
- 11/26/2021
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Cars.com Inc. (CARS) CEO Alex Vetter on Q3 2021 Results - Earnings Call Transcript
- Cars.com Inc. (CARS) CEO Alex Vetter on Q3 2021 Results - Earnings Call Transcript
- 11/05/2021
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Cars.com CEO explains the change in consumer behavior, company's Q3 results
- Alex Vetter, Cars.com president & CEO, joins 'Power Lunch' to discuss his company's Q3 earnings and why Cars.com saw higher profits than ever before. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis.
- 11/05/2021
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CARS to Present at Two Virtual Investor Conferences in September
- CHICAGO, Sept. 2, 2021 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today announced it would present at the following two virtual conferences in September: Conference: D.A.
- 09/02/2021
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School Bus Ridership Continues to Lag as 54% of Parents Choose to Drive Kids to School This Year
- CHICAGO, Aug. 19, 2021 /PRNewswire/ -- Cars.com (NYSE: CARS), a leading digital automotive marketplace and solutions provider, finds that 67% of parents in a recent national survey conducted by Cars.com say they will send their kids to in-person school in the fall, compared to just 39% in 2020. For those returning to the classroom, school buses and public transit continue to take a backseat as many parents opt to transport their children to school by car, citing COVID-19 concerns as the primary decision driver.
- 08/19/2021
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Cars.com Inc. (CARS) CEO Alex Vetter on Q2 2021 Results - Earnings Call Transcript
- Cars.com Inc. (CARS) CEO Alex Vetter on Q2 2021 Results - Earnings Call Transcript
- 08/08/2021
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CARS to Present at the 2021 J.P. Morgan Auto Conference
- CHICAGO, Aug. 5, 2021 /PRNewswire/ -- Cars.com Inc . (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, announced that Alex Vetter, President and Chief Executive Officer of CARS, will present at the virtual J.P.
- 08/05/2021
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CARS Reports Second Quarter 2021 Results
- CHICAGO, Aug. 5, 2021 /PRNewswire/ -- Cars.com Inc . (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today released its financial results for the quarter ended June 30, 2021.
- 08/05/2021
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CARS to Announce Second Quarter 2021 Financial Results
- CHICAGO, July 21, 2021 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today announced that it expects to report its financial results for the second quarter ended June 30, 2021 on Thursday, August 5, 2021. The Company will host a conference call with a live webcast at 9:00 a.m.
- 07/21/2021
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Cars.com Reveals the Best Fourth of July Deals for the Most American-Made Vehicles as New Survey Finds 44% of In-Market Shoppers Plan to Buy This Weekend(1)
- CHICAGO, June 30, 2021 /PRNewswire/ -- Leading digital automotive marketplace and solutions provider Cars.com TM (NYSE: CARS) found that 44% of in-market car shoppers plan to buy this July Fourth weekend. Of those shoppers, 53% intend to buy a U.S.-based vehicle.1 "As the pandemic threat subsides, we're seeing interesting ripple effects," said Kelsey Mays, Cars.com consumer news editor.
- 06/30/2021
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The New and Improved Cars.com Is Here
- CHICAGO, June 28, 2021 /PRNewswire/ -- Cars.com TM (NYSE: CARS), a leading digital automotive marketplace and solutions provider, today announced a transformed online platform and mobile app for its 26 million monthly unique users¹. The new site offers load times up to 87%² faster and real-time inventory updates of over 50,000 cars added to the site daily³ — an especially important feature in today's car-inventory-starved environment.
- 06/28/2021
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Tesla Model 3 Becomes First EV To Top Cars.Com American-Made Index
- The Tesla Inc (NASDAQ: TSLA) Model 3 has become the first electric vehicle to rank first in the annual American-Made Index (AMI) published by Cars.com Inc (NYSE: CARS). What Happened: The Tesla Model Y placed third on the AMI, which Cars.com defined as” an independent, annual list that ranks the new vehicles that contribute most to the U.S. economy based on criteria ranging from U.S. factory jobs and manufacturing plants to parts sourcing.
- 06/23/2021
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Tesla Model 3 Snags No. 1 Spot on Cars.com's 2021 American-Made Index®; First All-Electric Vehicle to Top the List in Its 16-Year History
- CHICAGO, June 23, 2021 /PRNewswire/ -- Leading digital automotive marketplace and solutions provider Cars.com TM (NYSE: CARS) today released its 2021 American-Made Index (AMI), an independent, annual list that ranks the new vehicles that contribute most to the U.S. economy based on criteria ranging from U.S. factory jobs and manufacturing plants to parts sourcing. The No. 1 most American-made vehicle for 2021 is the Tesla Model 3.
- 06/23/2021
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Inventory Shortages Drive Car Shoppers to Neighboring States: Cars.com Reports 10% of Recent Buyers Traveled Across State Lines to Purchase a Car
- CHICAGO, June 10, 2021 /PRNewswire/ -- According to recent research from leading digital automotive marketplace and solutions provider Cars.com TM (NYSE: CARS), nearly 10% of recent car buyers drove out of state to purchase their desired vehicle, with more than half (52%) of those traveling 25 miles, nearly 20% traveling 50 miles and 13% of buyers traveling more than 250 miles to a dealership due to ongoing new- and used-car inventory shortages.1 "With the current auto inventory challenges, recent car buyers are going to great lengths to find the car they want," said Kelsey Mays, Cars.com assistant managing editor, news. "I don't anticipate this trend slowing down, either.
- 06/10/2021
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43% of Car Shoppers Plan to Buy This Memorial Day Weekend, But It's an Even Better Time to Sell, Reports Cars.com
- CHICAGO, May 26, 2021 /PRNewswire/ -- Car shoppers are ready to take advantage of Memorial Day weekend deals — if they can find them, according to recent research from leading digital automotive marketplace and solutions provider Cars.com TM (NYSE: CARS). However, shoppers may have better luck selling their vehicle to a local car dealership.
- 05/26/2021
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Cars.com Finds 89% of Memorial Day Travelers Prefer to Road-Trip Even as More Americans Become Vaccinated
- CHICAGO, May 19, 2021 /PRNewswire/ -- Americans are ready for the return of summer travel, according to Cars.com TM (NYSE: CARS), a leading digital automotive marketplace and solutions provider. More than half of Americans (60%) plan to get away this Memorial Day weekend, up more than 66% compared to last year, according to Cars.com's national survey.
- 05/19/2021
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CARS to Present at the 49th Annual J.P. Morgan Global Technology, Media and Communications Conference
- CHICAGO, May 17, 2021 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today announced that Alex Vetter, President and Chief Executive Officer, will present at the virtual J.P. Morgan Global Technology, Media and Communications Conference Monday, May 24 at approximately 4:15 p.m.
- 05/17/2021
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Cars.com, Inc. (CARS) CEO Alex Vetter on Q1 2021 Results - Earnings Call Transcript
- Cars.com, Inc. (CARS) CEO Alex Vetter on Q1 2021 Results - Earnings Call Transcript
- 05/08/2021
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Cars.com CEO on how the global chip shortage is affecting his business
- New car inventory has fallen more than 15 percent since the chip shortage started, according to Cars.com. Alex Vetter, Cars.com CEO and co-founder, joins 'The Exchange' to discuss how the global chip shortage is affecting car sales.
- 05/06/2021
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CARS Reports First Quarter 2021 Results
- CHICAGO, May 6, 2021 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today released its financial results for the quarter ended March 31, 2021. Q1 2021 Financial and Key Metric Highlights Revenue of $153.3 million, up $5.2 million, or 4% year-over-year GAAP net income of $5.3 million, or $0.08 per diluted share Adjusted EBITDA of $48.1 million, or 31% of revenue, up $13.0 million year-over-year Net cash provided by operating activities of $50.4 million, up 74% year-over-year, with Free Cash Flow of $44.1 million, compared to $28.9 million of net cash provided by operating activities and $23.1 million of Free Cash Flow in the prior-year period Average Monthly Unique Visitors of 26.0 million, up 4% year-over-year Traffic of 156.6 million, down 1% year-over-year Monthly Average Revenue Per Dealer ("ARPD") of $2,268, up 8% from $2,092 in the prior-year period, representing three consecutive quarters of year-over-year growth Dealer Customers of 18,823 as of March 31, 2021, up 451, the highest number of additions since the spin-off, compared to 18,372 as of December 31, 2020 Operational Highlights Became a semi-exclusive provider of website services for FordDirect, opening up a new opportunity to sell to FordDirect's 3,000 U.S. dealers Surpassed 10 million vehicle, dealership and salesperson reviews, demonstrating a focus on continuously providing unique content to consumers through digital solutions like DealerRater Appointed auto industry veteran, Jenell Ross, to CARS' Board of Directors; Jenell is the President of Bob Ross Auto Group, a leading Midwest dealership, and was recently named to Automotive News' 100 Leading Women in the North American Auto Industry "We maintained strong momentum in our business in the first quarter, delivering continued sequential growth in dealer customers and year-over-year growth in ARPD and across all key financial measures.
- 05/06/2021
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Cars.com Reaches Milestone: 10 Million Dealership Reviews From Car Buyers With Recent Growth Spurred by the Pandemic
- CHICAGO, May 4, 2021 /PRNewswire/ -- Cars.com (NYSE: CARS), a leading digital marketplace and solutions provider for the automotive industry, announced today that an astounding 10 million car buyers have left reviews for local dealers on its platform, powered by its DealerRater technology.¹ For years, Cars.com has provided a venue for consumers to voice their honest feedback about local car dealers, vehicles and even individual salespeople, making it the broadest and largest automotive review platform.
- 05/04/2021
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Analysts Estimate Cars.com (CARS) to Report a Decline in Earnings: What to Look Out for
- Cars.com (CARS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/29/2021
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FordDirect Selects Dealer Inspire as Preferred Website and Technology Platform Provider for its 3,000 U.S. Dealers
- NAPERVILLE, Ill., April 29, 2021 /PRNewswire/ -- Dealer Inspire (DI), a Cars.com Inc. (NYSE: CARS) company that provides disruptive technology and digital advertising solutions to the automotive industry, announced today that it was selected by FordDirect as a preferred website and technology platform provider for its approximately 3,000 local U.S. dealerships.
- 04/29/2021
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CARS to Announce First Quarter 2021 Financial Results
- CHICAGO, April 22, 2021 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today announced that it expects to report its financial results for the first quarter ended March 31, 2021 on Thursday, May 6, 2021. The Company will host a conference call with a live webcast at 9:00 a.m.
- 04/22/2021
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CARS Appoints Jenell Ross to Board of Directors
- CHICAGO, April 13, 2021 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital automotive marketplace and solutions provider, today announced the appointment of Jenell Ross as a member of its Board of Directors. Ross is an auto industry veteran, with 28 years of experience, and was recently named one of 2020's 100 Leading Women in the North American Auto Industry by Automotive News.
- 04/13/2021
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Pent-Up Demand Spikes Spring Break Travel: 70% of Travelers Opt for Road Trips as Americans' Vacation Plans Surpass Pre-Pandemic Levels
- CHICAGO, March 25, 2021 /PRNewswire/ -- As the pandemic continues, Americans are ready to hit the road for spring break , reports Cars.com TM (NYSE: CARS), a leading digital automotive marketplace and solutions provider. According to the company's latest research, 57% of Americans plan to take a trip this spring, up from 32% in 2020 and 54% in 2019.
- 03/25/2021
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Bear Of The Day: Cars.com (CARS)
- Bear Of The Day: Cars.com (CARS)
- 03/18/2021
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New Strong Sell Stocks for March 17th
- Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today
- 03/17/2021
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Cars.com Shoppers Logged a Record 30 Million Hours on the Platform Last Year, as More Americans Turn to Car Ownership
- CHICAGO, March 10, 2021 /PRNewswire/ -- One year from the start of a historic worldwide pandemic that changed commerce and transportation, maybe permanently, leading automotive digital marketplace and solutions provider Cars.com Inc. (NYSE: CARS) today unveiled new insights about the pandemic's impact on car buying and selling. Shoppers logged a record 30 million hours on Cars.com over the last year as the stay-at-home economy took hold, representing a 9% increase since March 2020.1 There were also significant jumps in first-time and urban buyers entering the auto market, reflecting a shift away from public or shared transportation and a heightened demand for the freedom and security provided by car ownership.
- 03/10/2021
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Cars.com, LLC's (CARS) CEO Alex Vetter on Q4 2020 Results - Earnings Call Transcript
- Cars.com, LLC's (CARS) CEO Alex Vetter on Q4 2020 Results - Earnings Call Transcript
- 02/25/2021
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Cars.com Delivers Three Times More Dealer Website Referrals Compared to Nearest Auto Marketplace Competitors
- CHICAGO, Feb. 9, 2021 /PRNewswire/ -- As the 2021 Virtual National Automobile Dealers Association Show kicks off this week on Feb 9-11, Cars.com (NYSE: CARS), a leading digital marketplace and solutions provider for the automotive industry, announced today that it sends three times more...
- 02/09/2021
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One Year Post-Launch, Industry Innovator FUEL™ Sets Benchmark for Digital Video Success in Auto
- CHICAGO, Feb. 8, 2021 /PRNewswire/ -- FUEL, a Cars.com Inc. company (NYSE: CARS) and a leading automotive digital video provider, announced today impressive success rates from first-year operations. Launched at the 2020 National Automobile Dealers Association Conference , FUEL again...
- 02/08/2021
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2021 DealerRater Dealer of the Year Awards Honor Local Dealerships' Commitment to Outstanding Customer Experience in a Rapidly Changing Industry
- WALTHAM, Mass., Jan. 26, 2021 /PRNewswire/ -- DealerRater, a leading car dealer review and reputation management platform and company of Cars.com Inc. (NYSE: CARS), today announced the winners of its annual Dealer of the Year Awards (DOTY). Award winners are recognized for their...
- 01/26/2021
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Cars.com: This Unknown Car Marketplace Makes Huge Amounts Of FCF
- Cars.com: This Unknown Car Marketplace Makes Huge Amounts Of FCF
- 01/19/2021
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The Future of Car Buying in New Virtual-First World: Cars.com Reveals 5 Dominating Forces Driving Auto in 2021
- CHICAGO, Jan. 14, 2021 /PRNewswire/ -- Cars.com (NYSE: CARS), a leading digital automotive marketplace and solutions provider, today revealed the top five trends advancing the auto space in 2021 and beyond. The COVID-19 pandemic forever altered car buying and selling, and changes will...
- 01/14/2021
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End-of-Year Car Deals With Up to 19% Savings Motivates Shoppers to Buy
- CHICAGO, Dec. 22, 2020 /PRNewswire/ -- Cars.com (NYSE: CARS), a leading digital automotive marketplace and solutions provider, today announced the top end-of-year car deals. As Americans continue to prioritize car ownership as a safe mode of transportation during the COVID-19 pandemic,...
- 12/22/2020
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Americans Still Traveling but Staying Closer to Home for the Holidays as 66% of Travelers Opt to Drive to Their Destination
- CHICAGO, Dec. 21, 2020 /PRNewswire/ -- The latest research from Cars.com (NYSE: CARS), a leading digital automotive marketplace and solutions provider, reports nearly half of Americans (46%) plan to travel for December holidays.1 COVID-19 is increasingly impacting travel decisions and...
- 12/21/2020
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Coronavirus, Year-End Discounts Motivate First-Time Car Buyers: Cars.com
- Many first-time buyers are turning out to buy cars and trucks at year-end discount time, according to Cars.com.
- 11/30/2020
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7 Outdated Tech Stocks to Sell Before It's Too Late
- These tech stocks have fallen on hard times and if you are holding onto an investment, you may want to sell your shares before it's too late. The post 7 Outdated Tech Stocks to Sell Before It's Too Late appeared first on InvestorPlace.
- 11/25/2020
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FordDirect Selects Dealer Inspire® as a Preferred Digital Advertising Provider
- NAPERVILLE, Ill., Nov. 17, 2020 /PRNewswire/ -- Dealer Inspire (DI), a Cars.com Inc. (NYSE: CARS) company that provides disruptive technology and digital advertising solutions to the automotive industry, announced today a new OEM partnership agreement with FordDirect. The partnership...
- 11/17/2020
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Cars.com, LLC (CARS) CEO Alex Vetter on Q3 2020 Results - Earnings Call Transcript
- Cars.com, LLC (CARS) CEO Alex Vetter on Q3 2020 Results - Earnings Call Transcript
- 11/09/2020
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Cars.com, LLC's (CARS) CEO Alex Vetter on Q3 2020 Results - Earnings Call Transcript
- Cars.com, LLC's (CARS) CEO Alex Vetter on Q3 2020 Results - Earnings Call Transcript
- 11/09/2020
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CARS Reports Third Quarter 2020 Results
- CHICAGO, Nov. 9, 2020 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today released its financial results for the quarter ended September 30, 2020. Q3 Financial Highlights Revenue of...
- 11/09/2020
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CARS Closes Senior Note Offering
- CHICAGO, Oct. 30, 2020 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, announced today that it has successfully closed its previously announced offering of $400 million aggregate...
- 10/30/2020
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CARS to Announce Third Quarter 2020 Financial Results
- CHICAGO, Oct. 29, 2020 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today announced that it expects to report its financial results for the third quarter ended on September 30, 2020...
- 10/29/2020
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CARS Announces Proposed Offering of $400 Million of Senior Notes Due 2028
- CHICAGO, Oct. 26, 2020 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, announced today that it intends to offer, subject to market conditions and other factors, $400 million aggregate...
- 10/26/2020
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Cars.com: Meaningful Upside Potential, Cheap Stock (NYSE:CARS)
- Cars.com upwards revises its Q3 2020 estimates. The stock trades for just 6x my 2020 free cash flow estimate: a compelling bargain investment.
- 10/22/2020
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Cars.com vs Carvana: Which Online Car Stock Is A Better Pick?
- E-commerce has become more dominant than ever as consumers are cautious about shopping in stores due to the COVID-19 pandemic. It is not just groceries
- 10/20/2020
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Global Automotive Online Advertising Market 2020-2025 - ResearchAndMarkets.com
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The used car boom is one of the hottest, and trickiest, coronavirus markets for consumers
- 41 million used vehicles are sold each year in the U.S. and Covid-19 is accelerating their popularity in the auto market among both consumers and car dealers, but demand is driving up prices.
- 10/15/2020
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Cars.com Shares in Fast Lane After Positive Preliminary Results
- Cars.com Shares in Fast Lane After Positive Preliminary Results
- 10/15/2020
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Online car seller gives an inside look at the pandemic’s most popular path to going public
- Shift Technologies Inc. Chief Executive George Arison didn't even know what a SPAC was until last year. Now, his San Francisco-based online marketplace for...
- 10/08/2020
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Reviewing IBEX (NASDAQ:IBEX) and Cars.com (NASDAQ:CARS)
- IBEX (NASDAQ:IBEX) and Cars.com (NYSE:CARS) are both small-cap business services companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, analyst recommendations, profitability, institutional ownership, valuation, risk and dividends. Profitability This table compares IBEX and Cars.com’s net margins, return on equity and return on assets. […]
- 09/28/2020
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Cars.com (NYSE:CARS) versus Kaleyra (NYSE:KLR) Head to Head Comparison
- Cars.com (NYSE:CARS) and Kaleyra (NYSE:KLR) are both small-cap retail/wholesale companies, but which is the better stock? We will contrast the two companies based on the strength of their valuation, risk, dividends, analyst recommendations, earnings, institutional ownership and profitability. Profitability This table compares Cars.com and Kaleyra’s net margins, return on equity and return on assets. Net […]
- 09/19/2020
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Wall Street Breakfast: The Week Ahead
- Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify.
- 09/06/2020
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Stocks To Watch: Tech Reboots And Eyes On Lululemon, Peloton & GameStop
- Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning.
- 09/05/2020
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Cars.com Surpasses Investors' Expectation, Still Upside Potential
- Q2 2020 results were much better than expected. The stock rallies to reflect investors' change of sentiment.
- 08/25/2020
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Fewer Students Will Be Taking the Bus to School This Year. That’s Bad News for These Stocks.
- A Cars.com survey finds that fewer children will be riding the yellow bus to school in a pandemic world.
- 08/20/2020
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Tracking Seth Klarman's Baupost Group Holdings - Q2 2020 Update
- Seth Klarman’s 13F portfolio value increased from $6.77B to $8.01B this quarter. Baupost Group increased Atara Biotherapeutics while dropping Cheniere Energy.
- 08/15/2020
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Bye-Bye Bus, Hello Minivan: Cars Overtake School Buses as the Primary Mode of Back-to-School Transport, a Cars.com Survey Reveals
- Cars.com (NYSE: CARS), a leading digital automotive marketplace and solutions provider, shares new data revealing parents' decisions on safe back-to-school transportation this year. While 39% of parents say they will send their kids back for an in-person education in the fall, 53% are opting for virtual learning. For those returning to the classroom, school buses and public transit will take a backseat as many parents opt to drive themselves1.
- 08/13/2020
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Cars.com Inc.'s (NYSE:CARS) Intrinsic Value Is Potentially 74% Above Its Share Price
- Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Cars.com Inc...
- 08/07/2020
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CarGurus Doesn't Deserve A Premium Anymore (NASDAQ:CARG)
- No matter whether one is a growth investor or value, other stocks in the space offer better risk-reward tradeoffs.
- 08/07/2020
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Cars.com: Because Used Car Sales Are Back, But Online (NYSE:CARS)
- Cars.com Inc. is uniquely positioned to make a comeback riding favorable macro tailwinds and the ramp of new solutions launched in the recent past.
- 08/05/2020
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Cars.com Inc. (CARS) CEO Alex Vetter on Q2 2020 Results - Earnings Call Transcript
- Cars.com Inc. (NYSE:CARS) Q2 2020 Earnings Conference Call July 30, 2020 10:00 AM ET Company Participants Kamal Hamid - Director of Investor Relations Alex Vetter - Chief Executive Officer Sonia Jain - Chief Financial Officer Jandy Tomy - Vice President of Investor Relations Conference Call Participants Lee Krowl - B.
- 08/01/2020
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Cars.com Inc. 2020 Q2 - Results - Earnings Call Presentation
- The following slide deck was published by Cars.com Inc. in conjunction with their 2020 Q2 earnings call..
- 07/31/2020
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Why Cars.com Stock Was Soaring Today
- CEO Alex Vetter said, "We executed extremely well in a difficult period by continuing to deliver efficient vehicle sales, industry-leading digital solutions, high-value organic traffic, and an essential online marketplace as consumers and dealers gravitate online." Cars.com withdrew its financial guidance in March and did not offer any new guidance for the third quarter.
- 07/30/2020
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Cars.com (CARS) Surpasses Q2 Earnings and Revenue Estimates
- Cars.com (CARS) delivered earnings and revenue surprises of 119.35% and 8.16%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
- 07/30/2020
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Recap: Cars.com Q2 Earnings
- Shares of Cars.com (NYSE:CARS) moved higher by 12% in pre-market trading after the company reported Q2 results.Quarterly Results Earnings per share were down 60.00% over the past year to $0.12, which beat the estimate of ($0.38).Revenue of $102,009,000 declined by 31.17% from the same period last year, which beat the estimate of $95,250,000.Looking Ahead Earnings guidance hasn't been issued by the company for now.Revenue guidance hasn't been issued by the company for now.How To Listen To The Conference Call Date: Jul 30, 2020View more earnings on CARSTime: 10:00 AMET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.cars.com%2Fevents-and-presentations%2Fdefault.aspx&eventid=2405905&sessionid=1&key=E6EC5915BEA9A5ACA166C788C414037C®Tag=&sourcepage=registerTechnicals 52-week high: $20.0252-week low: $3.25Price action over last quarter: Up 30.16%Company Description Cars.com Inc is an online destination for buying and selling of new and used vehicles. The company also operates Auto.com, DealerRater.com, NewCars.com and PickupTrucks.com, websites directed towards different consumer segments.See more from Benzinga * Recap: NetScout Systems Q1 Earnings * FTI Consulting: Q2 Earnings Insights * International Paper: Q2 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 07/30/2020
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CARS Reports Second Quarter 2020 Results
- Cars.com Inc. (NYSE: CARS) ("Cars.com," "CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today released its financial results for the quarter ended June 30, 2020.
- 07/30/2020
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Earnings Scheduled For July 30, 2020
- Companies Reporting Before The Bell
• Mastercard Inc. (NYSE:MA) is expected to report quarterly earnings at $1.16 per share on revenue of $3.23 billion.
• Moody's...
- 07/30/2020
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Cars.com: Pandemic Spurs New Ways to Buy and Sell Cars Digitally
- Cars.com (NYSE: CARS), a leading digital automotive marketplace and solutions provider, shares its latest data identifying six trends for the second half of 2020. The pandemic has served as an accelerant for automotive, igniting the rapid digital transformation of the industry. Cars.com believes the digital shift will advance the industry and change car buying and selling for the better.
- 07/27/2020
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Analysts Estimate Cars.com (CARS) to Report a Decline in Earnings: What to Look Out for
- Cars.com (CARS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/23/2020
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Lithia Motors Inc (LAD) Q2 2020 Earnings Call Transcript
- LAD earnings call for the period ending June 30, 2020.
- 07/22/2020
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CARS to Announce Second Quarter 2020 Financial Results
- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today announced that it expects to report its financial results for the second quarter ended on June 30, 2020 on Thursday, July 30, 2020. The Company will host a conference call with a live webcast at 9:00 a.m. CT/10:00 a.m. ET on the same day to discuss the results.
- 07/21/2020
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Did Hedge Funds Make The Right Call On Cars.com Inc. (CARS) ?
- The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
- 07/17/2020
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Cars.com Could Be A Good Investment Now
- If you are an investor in Cars.com Inc, there are three things you should care about: (1) Why has the stock dropped a massive 53% this year (as of July 14, 2020)? (2) Can it recover from here? (3) Does the company have enough liquidity to fund its operations? Let’s start with the stock price...
- 07/16/2020
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Cars.com: Why I'm Long This Stock
- Cars.com is a high profit margin car marketplace that trades very cheaply. The GM contract with Cars.com should see Cars.com's Q4 2020 returning to growth.
- 07/15/2020
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3 Small-Cap Stocks Under $6 That Could See Over 70% Gains
- As the number of new COVID-19 cases climbs at a record pace, the stock market isn’t just trudging along, it’s charging forward. Given this clear disconnect, finding compelling plays can feel like guesswork. The adrenalin junkies among the Wall Street observers, however, are turning to small-caps.Out on the Street, these names with market capitalizations landing below $2 billion are known for their volatility as they are prone to very extreme movements. That being said, small-cap stocks boast huge growth prospects that their larger counterparts simply don’t offer. Additionally, these often younger companies tend to fly under-the-radar, meaning that the potential value might not be fully built into the share price.Due to the risk involved, we looked to investment firm BTIG for some inspiration. "Many of our covered companies are small and mid-cap industry disruptors that often build momentum and become prominent brands in their respective marketplaces," the firm says. Locking in on three small-caps in particular from BTIG's Top Picks for 2H20 list, the firm’s analysts see over 70% upside potential for each. After running the tickers, which are priced at under $6 per share, through TipRanks’ database, we found out that all three have received support from other analysts as well.Axcella Health Inc. (AXLA)Through its unique approach to treating complex diseases that uses Endogenous Metabolic Modulators (EMMs), Axcella Health wants to improve the lives of patients. At $5.15, its share price presents investors with a buying opportunity, according to BTIG.This healthcare name, which has a market cap of $184.6 million, has impressed with its recent performance. BTIG's Julian Harrison noted, “On the heels of positive data in NAFLD patients this past quarter, a healthy amount of de-risking from patient-derived biomarkers and safety data leaves AXLA well-positioned for its next wave of catalysts later this year including a Phase 2a readout in 3Q20 that could support the initiation of a potentially registrational Phase 2/3 study in overt hepatic encephalopathy (OHE) before YE20 along with data on AXA4010 slated for 4Q20 that will serve as our first glimpse of this EMM’s activity in patients with sickle cell disease (SCD).”It should also be noted that AXLA was given a composition of matter patent for its AXA1665 candidate. As other amino acid formulations have similar components, IP posed a cause for concern, in Harrison’s opinion. This development, however, prompted the analyst to increase the probability of success for AXA1665 in recurrent OHE prophylaxis.Looking more closely at the therapy, AXA1665 represents the first therapeutic approach focused on correcting muscle metabolism of toxic ammonia as a disease-modifying therapy for HE and potentially even for sarcopenia secondary to liver cirrhosis. “AXA1665 is designed to boost proteogenesis, reduce aromatic amino acids in the systemic circulation, stimulate the urea cycle along with intestinal/renal nitrogen metabolism, and increase muscle protein synthesis by stimulatingmTORC1 with the intention of supporting intramuscular ammonia detoxification,” Harrison explained.The analyst added, “AXA1665 is the first therapy to show meaningful improvements on the LFI (a widely used prognostic indicator), which is relevant to cirrhosis management both within and beyond the context of HE. AXA1665-002 completed enrollment in February 2020 and the 3Q20 readout is expected to include ~60 patients with Child A/B cirrhosis.” In addition, Harrison points out that there are differences from the previous Phase 2 two-way crossover study including longer treatment duration, a higher dose level and the introduction of cognitive instruments (Stroop test, Psychometric Hepatic Encephalopathy Score, Critical Flicker Frequency).“We would view consistency from the prior -001 study on blood ammonia, Fischer’s ratio (BCAA/AAA), valine/phenylalanine ratio, and Liver Frailty Index along with directionally positive changes in cognitive endpoints as a firm basis to progress AXA1665 into a potentially registrational Phase 2/3 trial for OHE prophylaxis – management is guiding initiation in 4Q20,” Harrison stated.Based on all of the above, Harrison rates AXLA a Buy along with a $16 price target, which implies over 200% upside from current levels.Overall, it has been relatively quiet when it comes to other analyst activity. In the last three months, only 2 analysts have issued ratings. However, as they were both Buys, the word on the Street is that AXLA is a Buy. Based on the $22 average price target, shares could climb 327% higher in the next twelve months. (See AXLA stock analysis on TipRanks)Fluidigm Corporation (FLDM)With a market cap of $401.6 million, Fluidigm provides multi-omic solutions developed using its patented CyTOF and microfluidics technologies to study cancer, inflammatory diseases and immunotherapies. Currently going for $5.68 apiece, BTIG believes the stock is cheap relative to its potential value.Representing the firm, 5-star analyst Sung Ji Nam breaks down FLDM’s offerings into two distinct categories. These include “the legacy microfluidics business (~40% of revenue) that has been shrinking over the last several years and the mass cytometry business (~60% of revenue) which is differentially positioned in one of the fastest growing areas within life sciences research.”Nam added, “We continue to view FLDM's mass cytometry business as highly differentiated and with strong LT growth potential beyond the COVID pandemic, and are also encouraged by the recent InstruNor acquisition and TIS launch, which should strengthen the technology adoption longer-term.”That being said, the analyst cites the former as being a key component of his bullish thesis. “Looking ahead, we are more optimistic about FLDM's microfluidics business, given the recent progress with finding broader and durable applications for the technology platform including the potential significant opportunities in COVID-19 diagnostics and other infectious disease applications in the future,” he explained.Speaking to its efforts to combat COVID-19, FLDM is working to launch two highly differentiated approaches for COVID-19 diagnostics, in addition to its immune system profiling/monitoring capabilities that enable vaccine and therapeutic developments. It boasts a viral nucleic acid testing capability “that could process 6,000 tests per day (2mm a year) using one Biomark/ June combination using 1,000x less reagents vs. RT-PCR platforms currently being used for COVID testing.” The other is an epigenetic test using FLDM's microfluidics platform that’s being developed as part of a collaboration with Mount Sinai and the DoD, with it potentially able to detect a COVID infection earlier than conventional PCR platforms.Everything that the company has going for it keeps Nam on the bulls’ side. To this end, the analyst rates FLDM a Buy alongside a $12 price target. This figure suggests shares could climb 111% higher in the next year. (To watch Nam’s track record, click here) FLDM has kept a relatively low profile so far, with its Moderate Buy consensus rating breaking down into 2 Buys and no Holds or Sells. At $10.50, the average price target indicates 85% upside potential. (See Fluidigm stock analysis on TipRanks)Cars.com, Inc. (CARS)Designed to connect car shoppers with sellers, the small-cap (its market value lands at $379.4 million) is one of the top digital marketplaces and solutions providers for the automotive industry. Given its positioning within the industry and $5.65 share price, it makes sense why BTIG is on board.Covering the stock for the firm, analyst Marvin Fong doesn’t dispute the fact that COVID-19 has taken a toll, but argues it was “unreasonable” to think its Q1 growth would match pre-COVID rates. That being said, he points out that its first quarter performance was better-than-expected.Speaking to its Q1 results, paying dealer count increased to 18,938, slightly beating Fong’s 18,914 estimate, but the Cars.com business lost dealers as outbound sales activity was halted in the last two weeks of March. However, Fong believes Cars.com was tracking to positive dealer adds in Q1 before the pandemic’s onset. Additionally, site traffic grew by 11% year-over-year and the decline in national advertising wasn’t as steep as expected.Fong added, “The company has 85-90% used car exposure and used car sales have almost fully recovered, yet shares are still down over 40% vs. pre-COVID levels. As with other e-commerce verticals, consumers have increased their activity through online platforms such as Cars.com, resulting in a greater share of leads coming to dealers through the Internet. In other words, online has become an even more indispensable customer acquisition channel for dealers and we believe most dealers who cancelled or paused their marketplace subscriptions will return.” As a result, he sees CARS as having “one of the more compelling risk-reward profiles” in his coverage universe. It should be noted that leverage has been a concern for investors. However, Fong thinks these concerns have been blown way out of proportion, and that they have “unfairly” impacted the share price. Addressing this issue, though, the company recently amended its credit facility.In line with his optimistic take, Fong left his bullish call unchanged. Additionally, the price target remains at $10. Should the target be met, a twelve-month gain of 77% could be in store. (To watch Fong’s track record, click here) Looking at the consensus breakdown, 2 Buys and 4 Holds have been assigned in the last three months. Meanwhile, the $9.25 average price target brings the upside potential to 64%. (See Cars.com price targets and analyst ratings on TipRanks)To find good ideas for small-cap stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.
- 07/09/2020
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Nuveen Asset Management LLC Sells 184,072 Shares of Cars.com Inc. (NYSE:CARS)
- Nuveen Asset Management LLC reduced its stake in Cars.com Inc. (NYSE:CARS) by 39.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 278,529 shares of the company’s stock after selling 184,072 shares during the period. Nuveen Asset Management LLC owned 0.42% […]
- 07/06/2020
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Companies Choose Furloughs Over Layoffs to Manage Coronavirus Slowdown
- After years of effort to secure skilled talent in a tight labor market, many finance chiefs are finding it makes sense to spend a little more to keep hard-won employees tethered to businesses.
- 07/05/2020
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The list of the 30 'most American' cars of 2020 includes all 3 Tesla models in the top 10 — see the full ranking
- Cars.com has released its annual list of the most American-made cars, which includes automakers such as Ford, Honda, and Tesla.
- 07/05/2020
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Supreme Court: Booking.com can trademark its name
- The high court issued its 8-1 ruling Tuesday. Lower courts had sided with Booking.com, but the Trump administration had appealed to the Supreme Court. The case is United States Patent and Trademark Office v. Booking.com
- 06/30/2020
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Supreme Court Eases Trademark Rules for Online Companies -- Update | MarketScreener
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Supreme Court Eases Trademark Rules for Online Companies | MarketScreener
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Booking.com wins at Supreme Court with law written decades before the internet
- The popular hotel reservation site had been denied a federal trademark.
- 06/30/2020
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Supreme Court: Booking.com can trademark its name
- WASHINGTON (AP) - The Supreme Court says travel website Booking.com can trademark its name, a ruling that also impacts other companies whose name is a generic word followed by ".com."
The high court issued its 8-1 ruling Tuesday. Lower courts had sided with Booking.com, but the Trump administration had appealed to the Supreme Court.
"We have no cause to deny Booking.com the same benefits Congress accorded other marks qualifying as nongeneric," Justice Ruth Bader Ginsburg wrote for the majority of the court.
Justice Stephen Breyer dissented.
Other businesses including Cars.com, Dictionary.com, Newspapers.com and Wine.com had said the outcome in the case would affect their ability to trademark their names too.
The case was the first of 10 cases argued by telephone in May because of the coronavirus pandemic. It was also the first time audio of arguments was available live.
The case is United States Patent and Trademark Office v. Booking.com B.V., 19-46.
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Follow AP's Supreme Court Twitter feed at https://twitter.com/AP_Courtside.
- 06/30/2020
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Supreme Court: Booking.com can trademark its name
- The Supreme Court says travel website Booking
- 06/30/2020
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Supreme Court: Booking.com can trademark its name
- WASHINGTON (AP) — The Supreme Court says travel website Booking.com can trademark its name, a ruling that also impacts other companies whose name is a generic word followed by “.com.” The...
- 06/30/2020
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Supreme Court: Booking.com can trademark its name
- WASHINGTON - The Supreme Court says travel website Booking.com can trademark its name, a ruling that also impacts other companies whose name is a gene...
- 06/30/2020
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Cars.com Shares the Best Fourth of July Deals on American-Made Cars as Survey Reveals 44% of Shoppers Plan to Buy This Weekend
- Recent research by Cars.com (NYSE: CARS), a leading digital automotive marketplace and solutions provider, found 44% of in-market car shoppers plan to buy a car this Fourth of July weekend.1 Of those ready to buy, top reasons include wanting something new/newer (52%) and the deals are too good to pass up (42%).1 A continued trend due to COVID-19 concerns, approximately 20% of Americans are buying because they no longer want to take public transit or ride-sharing services.1
- 06/29/2020
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Do Options Traders Know Something About Cars.com (CARS) Stock We Don't?
- Investors need to pay close attention to Cars.com (CARS) stock based on the movements in the options market lately.
- 06/25/2020
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3 of the top 10 American-made vehicles are from Alabama
- Cars.com is out with its annual American-Made Index - an analysis of cars and trucks making significant contributions to the U.S. economy.
- 06/24/2020
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How to Find out if Your Car Has Been Recalled | Digital Trends
- You're supposed to get recall notices in the mail, but there are several online resources to help you figure out if your car needs to something fixed ASAP.
- 06/24/2020
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Tesla Model S, 3, X among ‘Top 10 American-Made’ vehicles in Cars.com list
- Tesla’s Model S, Model 3, and Model X broke into Cars.com’s “Top 10 American-Made Index” list, taking three out of ten places in the motoring resource’s rankings. This was quite a debut for Tesla, as this year marks the first year that the Silicon Valley-based automaker made its first appearance in Cars.com’s rankings. The annual …
- 06/23/2020
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Michigan-assembled Ford Ranger named ‘most American-made car’ in annual list that includes Tesla for first time
- The Michigan-built Ford Ranger pickup truck, resurrected for the U.S. market in 2019, ranks No. 1 among the most-American-made vehicles, a 15-year-old list...
- 06/23/2020
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Michigan-assembled Ford Ranger named ‘most American-made car’ in annual list that includes Tesla for first time
- The Michigan-built Ford Ranger pickup truck, resurrected for the U.S. market in 2019, ranks No. 1 among the most-American-made vehicles, a 15-year-old list for which high-ranking Tesla, which assembles its electric cars in Fremont, Calif., participated for the first time.
- 06/23/2020
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Ford Ranger, Tesla Models Ride High in ‘American-Made’ Car Index - BNN Bloomberg
- Ford Motor Co.’s new Ranger truck topped a ranking of vehicles that contribute most to the U.S. economy, while three Tesla Inc. models placed in the top nine.
- 06/23/2020
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Ford Ranger Tops Cars.com 2020 American-Made Index - The News Wheel
- The new Ford Ranger took the top spot in Cars.com's 2020 American-Made Index, which determines which vehicles contribute the most to the U.S. economy.
- 06/23/2020
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Cars.com Releases Expanded 2020 American-Made Index®: Ford Ranger Takes Top Ranking, While Tesla and Honda Each Earn Three Spots in the Top 10
- Cars.com Inc. (NYSE: CARS), a leading digital automotive marketplace and solutions provider, today released its 2020 American-Made Index (AMI). Now in its 15th year, the AMI is an independent annual list that ranks the new vehicles that contribute most to the U.S. economy based on criteria ranging from U.S. factory jobs and manufacturing plants to parts sourcing. The No. 1 most American-made vehicle for 2020 is the Ford Ranger. To view the complete list, visit www.cars.com/ami.
- 06/23/2020
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Ford Ranger, Tesla Models Ride High in ‘American-Made’ Car Index
- Ford Ranger, Tesla Models Ride High in ‘American-Made’ Car Index
- 06/23/2020
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State Street Corp Lowers Stock Holdings in Cars.com Inc. (NYSE:CARS)
- State Street Corp cut its stake in Cars.com Inc. (NYSE:CARS) by 12.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,403,208 shares of the company’s stock after selling 194,330 shares during the period. State Street Corp owned about 2.10% of Cars.com […]
- 06/22/2020
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3 FCA Models Make List of 6 Best Cars to Take to the Drive-in - The News Wheel
- To upgrade your experience at the drive-in movie theater, consider driving over in a Ram 1500, Chrysler Pacifica, or Dodge Challenger.
- 06/18/2020
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CARS.COM INC. : Change in Directors or Principal Officers, Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K) | MarketScreener
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CARS Appoints Sonia Jain as Chief Financial Officer
- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company") today announced it has concluded its search for chief financial officer and has appointed Sonia Jain to the role effective July 6, 2020.
- 06/18/2020
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Cars.com Sees Unusually Large Options Volume (NYSE:CARS)
- Cars.com Inc. (NYSE:CARS) was the target of some unusual options trading on Tuesday. Investors purchased 3,118 call options on the company. This represents an increase of 190% compared to the average volume of 1,075 call options. Shares of CARS stock opened at $6.60 on Wednesday. Cars.com has a 1-year low of $3.25 and a 1-year […]
- 06/17/2020
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CARS Announces Amendment to its Credit Agreement Including Waiver of Net Leverage and Interest Coverage Covenants Through 2020
- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company") today announced an amendment to its existing credit facility providing the Company with increased covenant flexibility through the end of the facility in May 2022.
- 06/16/2020
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Is Cars.com Inc. (CARS) Going to Burn These Hedge Funds?
- Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out […]
- 06/15/2020
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Cars.com Reveals the 5 Best Cars to Take to the Drive-In This Summer
- Digital automotive marketplace and solutions provider Cars.com (NYSE: CARS) released new research today revealing that 42% of in-market car shoppers plan to visit a drive-in movie theater this summer1. With in-home entertainment losing its luster as summer kicks into full gear and social distancing guidelines still in place, Americans are looking for new, or old, ways to safely get out of the house. And many have turned to their cars for a quick escape and safe entertainment.
- 06/15/2020
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TrueCar: Drafting Off Vroom's IPO (Think Days Of Thunder) (NASDAQ:TRUE)
- Online used car seller and disruptor, Vroom, Inc., has an auspicious IPO debut on Tuesday. VRM is now valued at $5.3 billion and loses a lot of money. In antici
- 06/12/2020
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Honda Selects Dealer Inspire® as a Preferred Website and Technology Platform Provider for its Nearly 1,000 US Dealerships
- Dealer Inspire (DI), a Cars.com Inc. (NYSE: CARS) company that provides disruptive technology and digital marketing solutions to the automotive industry, announced today a new OEM agreement with American Honda Motor Co. DI has been selected as a website and technology platform provider for Honda's 997 U.S.-based dealerships. The company is already an approved digital advertising provider for Honda and works with approximately 220 Honda dealers across the country.
- 06/11/2020
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How To Sell a Car
- Consider a private sale if you want to sell your car.
- 06/05/2020
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This Is the Best New Car Lease Deal You Can Find Right Now
- The 2020 Honda Civic Hatchback in LX, Sport and EX trims is the best new car lease you can find on the market in May 2020, but the deal could be done soon.
- 06/03/2020
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This Is the Best New Car Lease Deal You Can Find Right Now
- The 2020 Honda Civic Hatchback in LX, Sport and EX trims is the best new car lease you can find on the market in May 2020, but the deal could be done soon.
- 05/23/2020
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Memorial Day car deals are luring buyers back into the market. What shoppers can expect
- With the three-day Memorial Day weekend marking the first big sales push since the coronavirus crisis took hold, shoppers can expect to find deals aplenty as states reopen and dealerships look to rebound from a dismal April.
- 05/22/2020
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Public Transportation Concerns Amid COVID-19 Pandemic Drive Renewed Automotive Interest
- Fear of catching the virus, probably most keenly felt on trains, subways, and buses, is driving a surge in demand for car ownership among this same underreprese
- 05/21/2020
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Time to buy a car? Industry hopes for coronavirus silver lining
- COVID-fearing commuters could be the best news the global auto industry will get all year.
- 05/21/2020
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Cars.com Reports the Top 10 Memorial Day Car Deals for Americans Ready to Buy This Weekend
- According to recent research by Cars.com (NYSE: CARS), a leading digital automotive marketplace and solutions provider, 33% of in-market car shoppers are ready to take advantage of the deep discounts being offered by automakers and dealerships nationwide this weekend.¹
- 05/20/2020
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Cars.com Research Finds 1 in 3 Shoppers Plan to Buy this Memorial Day Weekend, and 75% of Those Traveling Plan to take Road Trips
- Digital automotive marketplace and solutions provider Cars.com (NYSE: CARS) today revealed its latest research that found while 64% of Americans will not travel this Memorial Day weekend due to COVID-19, 36% still plan to take a trip. Of those planning to travel, 75% will do so by car, taking a short road trip closer to home, likely to abide by local safety guidelines. Cars.com's research also found virus concerns, along with deep discounts on cars, are motivating 33% of in-market Americans to buy a car this holiday weekend — sooner than originally planned.1
- 05/20/2020
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Time to buy a car? Industry hopes for coronavirus silver lining | Free to read
- Health concerns are driving sales as consumers shun public transport
- 05/20/2020
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Amazon job openings rose in April while they fell at Alphabet, Facebook and Netflix, says Citi
- Amazon job openings rose 19% year over year in April, according to a Citi analysis, making it stand out from many web companies.
- 05/18/2020
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This Is the Best New Car Lease Deal You Can Find Right Now
- The 2020 Honda Civic Hatchback in LX, Sport and EX trims is the best new car lease you can find on the market in May 2020, but the deal could be done soon.
- 05/18/2020
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Seth Klarman Bets on Alphabet and Facebook, Should You?
- Seth Klarman is often called "the next Warren Buffett." During the first quarter, he placed new bets on Alphabet (NASDAQ:GOOG) and Facebook (NASDAQ:FB).
- 05/18/2020
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Why American Axle, Tenneco, and Cars.com Stocks are Soaring by Double Digits
- These auto stocks are in high gear Friday after giving investors a glimmer of hope during the first quarter.
- 05/08/2020
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Cars.com (CARS) Upgraded to Buy: Here's What You Should Know
- Cars.com (CARS) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 05/07/2020
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Is Cars.com (CARS) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 05/07/2020
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U.S. RESEARCH ROUNDUP-Ashland Global, Lyft, Solaredge Technologies
- Wall Street securities analysts on Thursday revised their ratings and
price targets on several U.S.-listed companies, including Ashland Global Holdings, Lyft and
Solaredge Technologies.
HIGHLIGHTS
* Ashland Global Holdings Inc. : JP Morgan raises to neutral from underweight
* Lyft Inc : Piper Sandler cuts to neutral from overweight
* Natera Inc : JP Morgan raises to overweight from neutral
* Occidental Petroleum Corp : SunTrust Robinson raises to hold from sell
* Solaredge Technologies : Canaccord Genuity cuts to hold from buy
Following is a summary of research actions on U.S. companies reported by Reuters on Thursday.
Stock entries are in alphabetical order.
* A. O. Smith Corp : Stephens raises target price to $40 from $37
* Acadia Healthcare Company Inc : Citigroup cuts price target to $34 from $37
* Acadia Healthcare Company Inc : Deutsche Bank cuts target price to $28 from $32
* Activision Blizzard Inc : Keybanc raises target price to $80 from $68
* Adient Plc : Deutsche Bank raises target price to $20 from $15
* ADMA Biologics Inc : Oppenheimer cuts target price to $7 from $14
* Advanced Energy Industries Inc : Citigroup raises price target to $63 from $40
* Advanced Energy Industries Inc : Cowen and Company raises PT to $58 from $51
* Advanced Energy Industries Inc : D.A. Davidson raises target to $60 from $50
* Advanced Energy Industries Inc : Susquehanna cuts target price to $85 from $90
* Aerie Pharmaceuticals Inc : H.C. Wainwright cuts target price to $31 from $37
* Aerie Pharmaceuticals Inc : Mizuho cuts target price to $29 from $34
* Aerie Pharmaceuticals Inc : Piper Sandler cuts target price to $35 from $45
* Aerie Pharmaceuticals Inc : SunTrust Robinson cuts price target to $22 from $26
* Agco Corp : Stephens raises target price to $65 from $60
* Air Transport Services Group Inc : Cowen and Company raises PT to $26 from $25
* Albemarle Corp : UBS cuts target price to $90 from $98
* Alexion Pharmaceuticals Inc : BMO cuts target price to $142 from $147
* Alexion Pharmaceuticals Inc : Credit Suisse cuts target price to $142 from $147
* Alexion Pharmaceuticals Inc : Jefferies cuts price target to $111 from $112
* Alexion Pharmaceuticals Inc : Raymond James cuts target price to $156 from $159
* Alexion Pharmaceuticals Inc : SunTrust Robinson cuts target to $135 from $141
* Alexion Pharmaceuticals Inc : SVB Leerink cuts target price to $150 from $156
* Allegiant Travel Co : Cowen and Company cuts price target to $74 from $100
* Allete Inc : Guggenheim cuts price target to $65 from $70
* Allogene Therapeutics Inc : Jefferies raises target price to $37 from $36
* Allstate Corp : Piper Sandler raises target price to $112 from $108
* Alnylam Pharmaceuticals Inc : Guggenheim raises price target to $166 from $155
* Alnylam Pharmaceuticals Inc : BMO raises target price to $171 from $145
* Alnylam Pharmaceuticals Inc : Jefferies raises price target to $165 from $142
* Alnylam Pharmaceuticals Inc : JP Morgan cuts to neutral from overweight
* Alnylam Pharmaceuticals Inc : JP Morgan raises target price to $137 from $133
* Alnylam Pharmaceuticals Inc : Needham raises target price to $160 from $135
* Alnylam Pharmaceuticals Inc : Oppenheimer raises target price to $162 from $140
* Alnylam Pharmaceuticals Inc : Piper Sandler raises target to $169 from $142
* Alteryx Inc : Citigroup cuts price target to $147 from $160
* Alteryx Inc : Cowen and Company cuts target price to $135 from $145
* Alteryx Inc : Needham cuts target price to $140 from $152
* Alteryx Inc : Wedbush cuts price target to $138 from $146
* Amedisys Inc : Benchmark cuts to hold rating
* Ameriprise Financial Inc : Evercore ISI raises target price to $139 from $136
* Ametek Inc : Berenberg raises target price to $93 from $86
* Ametek Inc : Stephens cuts target price to $92 from $94
* Anaptysbio Inc : Credit Suisse raises target price to $16 from $14
* Apache Corp : Credit Suisse raises target price to $10 from $4
* Aptiv Plc : Deutsche Bank raises target price to $75 from $59
* Arcus Biosciences Inc : Wedbush raises target price to $40 from $26
* Ares Capital Corp : BMO cuts target price by $5 to $16
* Ares Capital Corp : Citigroup raises price target to $15 from $13
* Ares Management Corp : BMO raises target price to $40 from $30
* Ares Management Corp : Credit Suisse raises target price to $40 from $38
* Ares Management Corp : Jefferies raises target price to $42 from $39
* Ares Management Corp : KBW raises target price to $45 from $44
* ASGN Inc : Jefferies raises target price to $54 from $31
* Ashland Global Holdings Inc : Deutsche Bank raises target price to $70 from $65
* Ashland Global Holdings Inc. : JP Morgan cuts target price to $62 from $68
* Ashland Global Holdings Inc. : JP Morgan raises to neutral from underweight
* Ashland Global Holdings Inc. : SunTrust Robinson cuts price target to $75 from $87
* Aspen Technology Inc : Benchmark cuts target price to $130
* Aspen Technology Inc : Keybanc raises target price to $120 from $110
* Assetmark Financial Holdings Inc : BMO cuts target price to $23 from $26
* Assurant Inc : SunTrust Robinson cuts price target to $145 from $155
* Astronics Corp : Canaccord Genuity cuts target price to $10 from $14
* Astronics Corp : SunTrust Robinson cuts price target to $6 from $7
* Atkore International Group Inc : Citigroup raises price target to $26 from $24
* Atlas Corp (British Columbia) : Citigroup cuts price target to $7 from $12
* Avanos Medical Inc : Berenberg raises target price to $33 from $30
* Avanos Medical Inc : Stephens raises target price to $38 from $30
* Axalta Coating Systems Ltd : Citigroup raises price target to $21 from $18
* Axalta Coating Systems Ltd : Credit Suisse cuts target price to $27 from $29
* Axalta Coating Systems Ltd : Jefferies raises target price to $18 from $15
* Axalta Coating Systems Ltd : Keybanc raises target price to $24 from $23
* Axcelis Technologies Inc : D.A. Davidson raises price target to $25 from $20
* Axcella Health Inc : BTIG raises target price to $12 from $10
* Axogen Inc : Canaccord Genuity cuts target price to $12 from $22
* Axogen Inc : Jefferies cuts target price to $21 from $30
* Bank of N.T. Butterfield & Son Ltd : Citigroup raises target to $21 from $15
* Barrett Business Services Inc : Barrington Research raises PT to $52 from $48
* Barrick Gold Corp : Deutsche Bank raises target price to $34 from $25
* Benefitfocus Inc : Piper Sandler cuts target price to $26 from $35
* Bio Rad Laboratories Inc : Citigroup raises price target to $525 from $480
* Bio Rad Laboratories Inc : Jefferies raises target price to $525 from $500
* Biocryst Pharmaceuticals Inc : Jefferies raises price target to $9 from $8
* Biocryst Pharmaceuticals Inc : Piper Sandler raises target price to $10 from $8
* Biotelemetry Inc : Benchmark cuts target price to $52 from $55
* Black Knight Inc : KBW raises target price to $70 from $68
* Black Knight Inc : Stephens raises target price to $88 from $84
* Black Knight Inc : Wedbush raises target price to $70 from $66
* Black Stone Minerals LP : Simmons Energy raises target price to $8 from $5
* Blackbaud Inc : Evercore ISI cuts target price to $48 from $55
* Blucora Inc : Benchmark cuts price target to $25 from $37
* BMC stock Holdings Inc : Stephens raises target price to $25 from $22
* BMC stock Holdings Inc : SunTrust Robinson raises price target to $26 from $22
* BorgWarner Inc : Jefferies raises target price to $33 from $30
* BorgWarner Inc : JP Morgan raises price target to $35 from $32
* BorgWarner Inc : Oppenheimer cuts target price to $44 from $45
* BorgWarner Inc : RBC raises target price to $31 from $29
* Boston Private Financial Holdings Inc : Piper Sandler raises PT to $7 from $6.
- 05/07/2020
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Stock Charts To Watch: CARS, DQ, LPSN, OSTK, SE, SPCE
- Stocks Analysis by Harry Boxer covering: SPDR S&P 500, Natural Gas Futures, Dynavax Technologies Corporation, Horizon Pharma PLC. Read Harry Boxer's latest article on Investing.com
- 05/07/2020
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Cars.com Inc. (CARS) CEO Alex Vetter on Q1 2020 Results - Earnings Call Transcript
- Cars.com Inc. (NYSE:CARS) Q1 2020 Earnings Conference Call May 6, 2020 10:00 ET Company Participants Kamal Hamid - Director IR Alex Vetter - CEO Brian Benstock
- 05/06/2020
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Auto Expenses You Can Expect If You Haven’t Driven During Quarantine
- Not moving your car for weeks at a time can cause damage.
- 05/06/2020
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Cars.com Soars 34% After Strong Earnings Beat
- Shares of Cars.com (NYSE: CARS), a digital marketplace connecting buyers and sellers in the automotive industry, are soaring 34% after the company crushed first-quarter earnings estimates. The Motley Fool has a disclosure policy.
- 05/06/2020
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Cars.com (CARS) Q1 Earnings and Revenues Beat Estimates
- Cars.com (CARS) delivered earnings and revenue surprises of 45.45% and 4.96%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
- 05/06/2020
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CARS Reports First Quarter 2020 Results
- Cars.com Inc. (NYSE: CARS) ("Cars.com" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today released its financial results for the quarter ended March 31, 2020. The Company will report first-quarter operational and financial results and provide context around the impact of the restrictions imposed as a result of the COVID-19 pandemic.
- 05/06/2020
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Supreme Court justices to hear oral arguments in history-making phone call
- On the docket are cases involving President Donald Trump's taxes and the so-called faithless elector.
- 05/03/2020
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Pent-Up Demand Likely to Increase Luxury Auto Sales
- But sales are still down overall, as buyers go for remote servicing and purchasing
- 05/02/2020
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CarGurus Study Finds Several Bright Spots for Canadian Auto Sector During COVID-19
- CarGurus (CARG), a leading global online automotive marketplace, today released its Canadian COVID-19 Sentiment Study. The Canadian CarGurus COVID-19 Sentiment Study delved into a variety of automotive topics, including shoppers’ thoughts on when they plan to buy their next vehicle, and their opinions
- 05/01/2020
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2020 Corvette Prices are Getting Out of Hand Online
- Photo: ChevroletHere’s a question I never expected to ask: what do everyday sanitation products and the 2020 Corvette C8 have in common? Well, aside from the fact that they’re both things you
- 04/30/2020
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Hyundai Show Us A Glimpse Of The Its New Elantra Sedan
- Automobile maker giant Hyundai teased car lovers on the new look of its renowned sedan. It recently introduced its upcoming Hyundai Elantra N Line.
- 04/29/2020
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Analysts Estimate Cars.com (CARS) to Report a Decline in Earnings: What to Look Out for
- Cars.com (CARS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/29/2020
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CarGurus Continues to Support U.S. Dealers with Rate Reductions for June
- CarGurus (CARG), a leading global automotive marketplace, today announced a comprehensive 20% rate reduction for the month of June for its subscribing dealerships in the United States. CarGurus was the first among the major U.S. online automotive marketplaces¹ to offer discounts to dealers for April
- 04/29/2020
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CarGurus Study Finds Several Bright Spots for Auto Sector During COVID-19
- CarGurus (CARG), a leading global online automotive marketplace, today released its COVID-19 Sentiment Study. As COVID-19 disrupts several industries like automotive retail, this analysis looks into the specific segment of those consumers who either planned on purchasing a vehicle before the pandemic
- 04/28/2020
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With car dealerships closed, discounts on new and used cars are popping up online
- ‘If you have the wherewithal to afford a new vehicle, there so many great deals.’
- 04/27/2020
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Standard General Urges Fellow Shareholders To Vote To Revitalize TEGNA's Entrenched Board With Highly-Qualified, Diverse Directors To Reposition Company For Value Creation
- Standard General L.P., the largest equity holder of TEGNA Inc. ("TEGNA" or the "Company") (NYSE: TGNA), today urged its fellow shareholders to vote for meaningful change, fresh perspectives, and diversity on TEGNA's Board of Directors by voting on Standard General's WHITE
- 04/27/2020
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$141.50 Million in Sales Expected for Cars.com Inc. (NYSE:CARS) This Quarter
- Equities research analysts expect Cars.com Inc. (NYSE:CARS) to post sales of $141.50 million for the current fiscal quarter, according to Zacks. Two analysts have made estimates for Cars.com’s earnings, with the lowest sales estimate coming in at $139.30 million and the highest estimate coming in at $143.70 million. Cars.com posted sales of $154.20 million during […]
- 04/27/2020
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Cars.com (NYSE:CARS) Stock Price Up 5.2%
- Cars.com Inc. (NYSE:CARS)’s share price rose 5.2% during mid-day trading on Friday . The stock traded as high as $4.31 and last traded at $4.26, approximately 1,392,200 shares were traded during trading. A decline of 5% from the average daily volume of 1,471,780 shares. The stock had previously closed at $4.05. CARS has been the […]
- 04/26/2020
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Bank of America Corp DE Has $1.06 Million Stake in Cars.com Inc. (NYSE:CARS)
- Bank of America Corp DE lowered its stake in shares of Cars.com Inc. (NYSE:CARS) by 62.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 86,569 shares of the company’s stock after selling 143,049 shares during the period. Bank of America Corp DE owned approximately 0.13% of […]
- 04/24/2020
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Cars Announces Format Change to Its 2020 Annual Meeting of Stockholders
- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today announced that due to the ongoing public health impact of the coronavirus pandemic and to support the health and well-being of stockholders, employees, directors, and communities, the CARS 2020 Annual Meeting of Stockholders (the "Annual Meeting") will be held in a virtual meeting format only, via live audio webcast at its previously announced date and time of May 14, 2020 at 9:00 a.m. Central time. Stockholders will not be able to attend the Annual Meeting in person. However, stockholders of record as of the close of business on March 16, 2020 will be able to vote and ask questions during the meeting through the online platform.
- 04/23/2020
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CarGurus to Report First Quarter 2020 Financial Results
- CAMBRIDGE, Mass., April 23, 2020 -- CarGurus, Inc. (Nasdaq: CARG), a leading global automotive marketplace, announced it will issue a press release reporting financial results.
- 04/23/2020
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Dublin’s Profitero raises $20m and appoints new executives
- Dún Laoghaire-based Profitero has raised $20m in a round led by Scaleworks, while appointing ad industry veterans to its executive team.
- 04/23/2020
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CARS to Announce First Quarter 2020 Financial Results
- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today announced that it expects to report its financial results for the first quarter ended on March 31, 2020 on Wednesday, May 6, 2020. The Company will host a conference call with a live webcast at 9:00 a.m. CDT/10:00 a.m. EDT on the same day to discuss the results.
- 04/23/2020
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Radar and Other Mobile Leaders Unite to Host “Mobile On Air” Virtual Event on May 21
- BROOKLYN, N.Y., April 22, 2020 -- Today, eight leaders in the mobile community announced “Mobile on Air,” a first-of-its-kind virtual event focused on today’s leading mobile.
- 04/22/2020
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Cars.com Research Reveals Americans Are Driving to Escape Stress of COVID-19
- Photo: Riccardo BrescianiEven though most Americans have abandoned their daily commutes, school drop-off duties, and non-essential on-the-road journeys due to COVID-19, many are still spending ti
- 04/21/2020
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Best Cheap Cars for Around $2000: Window Shop with
- Can you actually find a reliable vehicle for just a bit more than your $1200 stimulus check? We find out.
- 04/21/2020
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Top Ranked Value Stocks to Buy for April 21st
- Top Ranked Value Stocks to Buy for April 21st
- 04/21/2020
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Profitero Announces New Leadership and New Funding to Fuel Its Next Stage of Growth
- Profitero today announced a new executive leadership team and raised $20 million to fuel its next stage of growth.
- 04/21/2020
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Cars.com Inc. (NYSE:CARS) Position Decreased by Geode Capital Management LLC
- Geode Capital Management LLC trimmed its position in Cars.com Inc. (NYSE:CARS) by 3.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 897,646 shares of the company’s stock after selling 31,737 shares during the quarter. Geode Capital Management LLC […]
- 04/21/2020
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Arden Trust Co Makes New Investment in Cars.com Inc. (NYSE:CARS)
- Arden Trust Co bought a new position in Cars.com Inc. (NYSE:CARS) in the first quarter, HoldingsChannel reports. The firm bought 8,833 shares of the company’s stock, valued at approximately $38,000. Other institutional investors also recently made changes to their positions in the company. Oxford Asset Management LLP lifted its holdings in shares of Cars.com by […]
- 04/21/2020
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Cars.com Inc. (NYSE:CARS) Sees Large Decrease in Short Interest
- Cars.com Inc. (NYSE:CARS) was the recipient of a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 7,780,000 shares, a drop of 10.6% from the March 15th total of 8,698,400 shares. Based on an average trading volume of 1,490,000 shares, the days-to-cover ratio is presently […]
- 04/21/2020
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Americans Revive the Sunday Drive and Use Their Cars as Much-Needed Escape During the COVID-19 Pandemic, According to New Research by Cars.com
- Amid stay-at-home orders nationwide, Cars.com™ (NYSE: CARS) announced today new insights from its research to understand the ways American drivers are using their cars. Just about everyone has encountered new challenges, and research reinforces that our cars represent safety, freedom, and even escape.
- 04/20/2020
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Contrasting ZIX (NASDAQ:ZIXI) & Cars.com (NASDAQ:CARS)
- ZIX (NASDAQ:ZIXI) and Cars.com (NYSE:CARS) are both small-cap computer and technology companies, but which is the superior stock? We will contrast the two businesses based on the strength of their dividends, institutional ownership, earnings, valuation, profitability, analyst recommendations and risk. Insider & Institutional Ownership 72.8% of ZIX shares are owned by institutional investors. 20.2% of […]
- 04/19/2020
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Cars.com Inc. (NYSE:CARS) Given Consensus Rating of "Buy" by Analysts
- Cars.com Inc. (NYSE:CARS) has earned a consensus rating of “Buy” from the ten research firms that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation and eight have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have updated […]
- 04/16/2020
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CarGurus Provides Contactless Options to Purchase a Vehicle
- CarGurus (CARG), a leading global automotive marketplace, today announced new digital safety and convenience features in its effort to support dealerships and consumers during COVID-19. Amid the current COVID-19 restrictions, the company is now offering ways for its subscribing dealers in the U.S.,
- 04/15/2020
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Ariel Investments says backs Tegna in fight with Standard General
- Ariel Investments LLC, the 11th-largest shareholder of U.S. regional TV station operator Tegna Inc , said on Monday it was backing the company's board in its proxy contest with hedge fund Standard General LP. Ariel, which was founded by John W. Rogers Jr. in 1983, owns more than 5 million shares
- 04/13/2020
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Somebody is selling a 2020 Chevrolet Corvette C8 for $160,000
- Some owners of the mid-engined 2020 Chevrolet Corvette C8 are trying to take advantage of high demand by listing their cars for double or triple the MSRP.
- 04/13/2020
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Analyzing Akerna (NASDAQ:KERN) and Cars.com (NASDAQ:CARS)
- Akerna (NASDAQ:KERN) and Cars.com (NYSE:CARS) are both small-cap medical companies, but which is the superior stock? We will compare the two companies based on the strength of their analyst recommendations, profitability, earnings, valuation, dividends, institutional ownership and risk. Valuation & Earnings This table compares Akerna and Cars.com’s top-line revenue, earnings per share (EPS) and valuation. […]
- 04/11/2020
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Window Shop with Watch Us Find Our Favorite Used Cars
- We love to shop for cars online. Watch C/D editors browse used-car listings to find our ideal (and most interesting) deals for under $20,000.
- 04/10/2020
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How Can I Save Money on a Used Car During the Pandemic?
- Some things can't wait until social distancing rules and lockdown orders are lifted. If you're ready to buy now, you have lots of options.
- 04/10/2020
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How Does Investing In Cars.com Inc. (NYSE:CARS) Impact The Volatility Of Your Portfolio?
- If you own shares in Cars.com Inc. (NYSE:CARS) then it's worth thinking about how it contributes to the volatility of...
- 04/08/2020
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Should Value Investors Buy Cars.com (CARS) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 04/06/2020
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Cars.com Inc. (NYSE:CARS) Shares Sold by Credit Suisse AG
- Credit Suisse AG trimmed its holdings in Cars.com Inc. (NYSE:CARS) by 26.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 47,977 shares of the company’s stock after selling 17,568 shares during the period. Credit Suisse AG owned 0.07% of Cars.com worth $587,000 as of […]
- 04/06/2020
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Cubist Systematic Strategies LLC Sells 59,568 Shares of Cars.com Inc. (NYSE:CARS)
- Cubist Systematic Strategies LLC cut its position in shares of Cars.com Inc. (NYSE:CARS) by 40.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 88,872 shares of the company’s stock after selling 59,568 shares during the period. Cubist Systematic Strategies LLC owned […]
- 04/05/2020
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Cars.com Inc. (NYSE:CARS) Expected to Announce Quarterly Sales of $141.50 Million
- Equities research analysts predict that Cars.com Inc. (NYSE:CARS) will announce $141.50 million in sales for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Cars.com’s earnings. The highest sales estimate is $143.70 million and the lowest is $139.30 million. Cars.com posted sales of $154.20 million in the same quarter last year, […]
- 04/04/2020
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Connor Clark & Lunn Investment Management Ltd. Trims Holdings in Cars.com Inc. (NYSE:CARS)
- Connor Clark & Lunn Investment Management Ltd. trimmed its stake in Cars.com Inc. (NYSE:CARS) by 20.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 295,919 shares of the company’s stock after selling 74,400 shares during the period. Connor Clark & Lunn Investment Management Ltd.’s holdings in Cars.com were worth $3,616,000 at the end […]
- 04/03/2020
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CarGurus Announces Extended Billing Discount for Dealerships in U.S. and Canada
- CarGurus (CARG), a leading global automotive marketplace, today announced its continued support for dealers in the U.S. and Canada as the COVID-19 situation continues to impact automotive retail. The company will extend its existing 50% discount on all marketplace subscriptions for U.S. and Canadian
- 04/02/2020
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Coronavirus Moves Autos, Antique Sales Online |
- The antiques business has been slow to transition online, while millions of consumers are still shopping for cars through the web amid the coronavirus crisis.
- 04/01/2020
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The New Ford Expedition's Airbag Seatbelts Still Don't Work With Common Child Car Seats
- Some trims of the new Ford Expedition SUV will, in fact, not baby, as the inclusion of rear-seat airbag seatbelts are not compatible with many of today’s popular car seats for kids.
- 04/01/2020
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Automotive E-Commerce to Rev Up Amid Coronavirus: Stocks in Focus
- Coronavirus-induced social distancing is prompting automakers and dealers to step up digital retailing efforts.
- 04/01/2020
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What’s Your Car Worth? — Now with Linear Regression and Correlation!
- Linear Regression!
- 03/31/2020
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COVID-19 Changing How Car Buyers Shop
- Some consumers looking to purchase vehicles to avoid public transportation, rideshare services
- 03/31/2020
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Cars.com Tracks Impact of COVID-19 on U.S. Auto Industry: Car Buyers Are Embracing More Online Shopping Activities and Increasingly Putting the Brakes on Ride Sharing, Dealers Are Willing to Meet Car Buyer Needs Virtually
- Leading automotive digital solutions provider CARS Inc. (NYSE: CARS) announced today new insights from its research to determine the impact of COVID-19 on the U.S. automotive industry. The company found that while many dealerships are experiencing historically low foot traffic and many have closed showrooms completely, tens of millions of people are still actively engaged in car purchases online. Data demonstrates that nearly 80 percent of Cars.com's visitors are searching and viewing inventory with high intent to purchase1. However, these car shoppers are looking for alternative ways to connect with local dealerships in the current environment as America observes restrictions in order to contain the coronavirus pandemic.
- 03/30/2020
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9 of the Best New-Car Deals on 2019 Models Right Now
- These brand-new vehicles are practically begging to come to your door, and some actually will.
- 03/28/2020
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Online Car Company Manages Crisis With Class |
- As the COVID-19 crisis deepens, the way Shift CEO Toby Russell and his team handled a seemingly impossible situation might hold valuable lessons for other firms.
- 03/27/2020
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Believe It or Not, This Is the Craziest Porsche 911 We’ve Ever Seen, And It’s Up for Sale
- This 2008 Porsche 911 Carrera S for sale on Bring a Trailer may look fairly normal at first glance, but this sports car is unique.
- 03/27/2020
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Is This the Most Ridiculous Land Rover Defender Ever Made?
- There are plenty of ways to play up a Defender's best traits. Yacht-inspired teak? Not really one of them.
- 03/26/2020
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Cars.com and United Way Added Chief Experience Officers to Break Down Walls, but It’s Not Easy
- A growing group of companies are hoping that a dedicated chief experience officer, also known as a CXO, can help improve their business results by focusing their businesses on every interaction they have with customers and employees.
- 03/25/2020
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How To Sell a Car
- Consider a private sale if you want to sell your car.
- 03/25/2020
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Edited Transcript of TRNC earnings conference call or presentation 4-Mar-20 10:00pm GMT
- Q4 2019 Tribune Publishing Co Earnings Call
- 03/25/2020
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Coronavirus has people changing their minds about ride-hailing, study says - Roadshow
- Cars.com polled over 3,000 people to see what COVID-19 has done to their transportation habits, and the results aren't that surprising.
- 03/24/2020
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Cars (CARS) Gets a Buy Rating from Barrington
- In a report released today,
Gary Prestopino
from Barrington maintained a
Buy
rating on Cars (
CARS
–
Research Report
), with a price target of
$16.00
. The company’s shares closed last Monday at $3.97, close to its 52-week low of $3.52.
According to
- 03/24/2020
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Analysts Are Bullish on These Technology Stocks: Cars (CARS), ChannelAdvisor (ECOM)
- There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Cars (
CARS
–
Research Report
) and ChannelAdvisor (
ECOM
–
Research Report
) with bullish sentiments.
Cars (CARS)
In a report released today,
Lee Krowl
fr
- 03/24/2020
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AlphaCrest Capital Management LLC Invests $207,000 in Cars.com Inc. (NYSE:CARS)
- AlphaCrest Capital Management LLC bought a new position in shares of Cars.com Inc. (NYSE:CARS) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 16,900 shares of the company’s stock, valued at approximately $207,000. Several other institutional investors and hedge funds […]
- 03/24/2020
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Cars.com (NYSE:CARS) Trading Down 6.8%
- Cars.com Inc. (NYSE:CARS) shares were down 6.8% on Monday . The company traded as low as $3.95 and last traded at $3.81, approximately 108,129 shares were traded during mid-day trading. A decline of 94% from the average daily volume of 1,881,034 shares. The stock had previously closed at $4.09. A number of equities research analysts […]
- 03/24/2020
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BRIEF-Cars.Com Says To Suspend 2020 Guidance
|
CARS Provides Financial Relief and Expands Digital Solutions to Support Dealer Customer Needs During COVID-19
- Cars.com Inc. (NYSE: CARS) ("CARS"), a leading digital marketplace and solutions provider for the automotive industry, announced today its response in support of dealers during the COVID-19 pandemic.
- 03/23/2020
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Cars.com Inc. (NYSE:CARS) Receives Average Rating of "Buy" from Analysts
- Shares of Cars.com Inc. (NYSE:CARS) have been given an average rating of “Buy” by the ten analysts that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating and eight have assigned a buy rating to the company. The average 12-month target price among analysts that have […]
- 03/22/2020
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Lando Norris Will Be Back for “Not the BAH GP” Substitute Race
- Photo: CodemastersLast Sunday, Formula Onedriver Lando Norris was the most-watchedstreamer on Twitch, hitting over 70,000 viewers as he competed in the “Notthe AUS GP” online race. The rac
- 03/20/2020
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Cars.com Enters Oversold Territory
- Cars.com has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.
- 03/20/2020
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Analysts Offer Insights on Technology Companies: Cars (NYSE: CARS) and ServiceSource International (NASDAQ: SREV)
- There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Cars (
CARS
–
Research Report
) and ServiceSource International (
SREV
–
Research Report
) with bullish sentiments.
Cars (CARS)
B.Riley FBR analyst
Lee Kro
- 03/20/2020
|
Are Investors Undervaluing Cars.com (CARS) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 03/19/2020
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Play the long game: How business leaders can weather the storm - Digiday
- Former 360i CEO Bryan Wiener recounts how he found a way through the financial crisis to put the agency in position for growth -- and how those lessons can be applied to the current crisis.
- 03/19/2020
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Several Automakers Are Offering Loan Relief And Special Financing Programs Due To The Coronavirus
- The Coronavirus is now impacting almost every aspect of American society. With millions of people at risk for infection, many areas of the country are closing schools and businesses to minimize the spread. The economic impact of the virus is likely to hit a lot of people and some automakers are offering financing programs for those in need.
- 03/18/2020
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Short Interest in Cars.com Inc. (NYSE:CARS) Expands By 5.6%
- Cars.com Inc. (NYSE:CARS) saw a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 8,710,000 shares, an increase of 5.6% from the February 13th total of 8,250,000 shares. Based on an average daily trading volume, of 1,040,000 shares, the days-to-cover ratio is presently 8.4 days. […]
- 03/17/2020
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Baupost Group LLC MA Reduces Position in Cars.com Inc. (NYSE:CARS)
- Baupost Group LLC MA cut its holdings in shares of Cars.com Inc. (NYSE:CARS) by 9.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,707,313 shares of the company’s stock after selling 292,687 shares during the period. Cars.com makes up 0.4% of […]
- 03/15/2020
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The Best Used 4x4s We’d Buy for $10,000 Right Now
- Car shopping can quickly spiral into an internet rabbit hole. To narrow the field, this time around we stuck to 4x4s and a budget of $10,000.
- 03/13/2020
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T. Vetter Is The Co-Founder of Cars.com Inc. (NYSE:CARS) And They Just Spent US$96k On Shares
- Whilst it may not be a huge deal, we thought it was good to see that the Cars.com Inc. (NYSE:CARS) Co-Founder, T...
- 03/13/2020
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Trade Alert: The Co-Founder Of Cars.com Inc. (NYSE:CARS), T. Vetter, Has Just Spent US$96k Buying Shares
- Even if it's not a huge purchase, we think it was good to see that T. Vetter, the Co-Founder of Cars.com Inc...
- 03/13/2020
|
Financial Analysis: DATATRAK International (OTCMKTS:DTRK) versus Cars.com (OTCMKTS:CARS)
- DATATRAK International (OTCMKTS:DTRK) and Cars.com (NYSE:CARS) are both small-cap computer and technology companies, but which is the superior stock? We will contrast the two businesses based on the strength of their profitability, institutional ownership, risk, valuation, analyst recommendations, dividends and earnings. Risk and Volatility DATATRAK International has a beta of 0.96, suggesting that its share […]
- 03/13/2020
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Cars.com (NYSE:CARS) Stock Rating Upgraded by BTIG Research
- Cars.com (NYSE:CARS) was upgraded by stock analysts at BTIG Research from a “neutral” rating to a “buy” rating in a report issued on Monday, MarketBeat reports. The brokerage currently has a $10.00 price objective on the stock. BTIG Research’s price objective would indicate a potential upside of 45.56% from the company’s previous close. CARS has […]
- 03/11/2020
|
Brokerages Expect Cars.com Inc. (NYSE:CARS) Will Post Quarterly Sales of $141.50 Million
- Wall Street brokerages expect Cars.com Inc. (NYSE:CARS) to announce $141.50 million in sales for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Cars.com’s earnings, with estimates ranging from $139.30 million to $143.70 million. Cars.com reported sales of $154.20 million during the same quarter last year, which would suggest a negative […]
- 03/11/2020
|
Analysts Make a Move on These 3 Stocks as the Markets Continue to Flip-Flop
- The suspense is over, and now we all know: COVID-19 has hit the markets like a ton of bricks. After a 8% drop in the last week of February, and enormous volatility to start the month of March, the S&P; 500 is down 15% year-to-date.The sudden collapse in stocks comes as oil prices are also plummeting. The sudden fall in oil is hitting energy companies – oil drillers, refiners, and midstreamers – particularly hard, at a time when the sector had already been dealing with low prices. Yesterday was the worst day for oil prices since 1991.While the coronavirus is getting the attention, the immediate cause of the oil collapse was a sudden price war between Russia and Saudi Arabia. Both producers were reeling from the virus’s general impact on the markets, and consequent poor demand for oil; Saudi Arabia led OPEC in a move to cut back output and provide price support, but Russia refused to cooperate and tried to move in on Saudi market share. The Saudis responded by slashing prices – and then the bottom fell out. And now there’s a smell of panic on the trading floors, for both commodities and stocks.But just because the markets sliding hard into correction territory doesn’t mean that there aren’t compelling stock buys out there. After all, the adage is, ‘Buy low, sell high.’ Prices are low right now. We’ve pulled three stocks from the TipRanks database that Wall Street’s analysts are recommending for investors. All have received ratings upgrades, and show upwards of 35% growth potential in the coming months. Let’s take a closer look.Cars.com, Inc. (CARS)Our first stock is a proven survivor – Cars.com was founded back in 1998, and survived the crash of the original dot.com bubble. Today, the company is worth nearly $450 million and is the internet’s second-largest automotive classified ad section.Cars had a rough year in 2019. The stock cratered after a dismal Q2 report, but had begun to recover by year’s end, supported by forecast-beating earnings in both Q3 and Q4. The Q4 results were especially strong, with EPS coming in at 60 cents, 114% higher than expectations. Unfortunately, the coronavirus crash brought the 2H19 momentum to an end, erasing the gains the stock had made.Nevertheless, Cars.com has strengths to recommend it for the long haul. BTIG analyst Marvin Fong points them out, writing, “We believe Cars.com is in the midst of a turnaround that appears to be gaining measured traction and valuation is overly punitive. We expect CARS will deliver significant margin improvement in the back-half of 2020 as one-time costs roll-off and new products begin generating more meaningful revenue… We believe even if the economy experiences a significant downturn, valuation is attractive.”Fong puts a $10 price target on Cars.com, implying a 12-month upside potential of 53%. In line with this, he has upgraded his rating from Neutral to Buy. (To watch Fong’s track record, click here)Overall, CARS shares have 6 Buys and 1 Hold, making the analyst consensus rating a Strong Buy. Shares are deeply discounted, at $6.47, and the average price target of $12.29 suggests a robust upside potential of 90% (See Cars.com’s stock analysis at TipRanks)Logitech International (LOGI)Swiss-based Logitech is a major manufacturer and distributor of home computer and mobile peripheral hardware. The company’s products include keyboards and mouse pointers, webcams, microphones and headsets, and more.Logitech entered calendar year 2020 after a solid fiscal Q3. EPS beat the forecast, coming in at 78 cents compared to 77 expected. At $903 million, revenues edged over the estimates and were up 4% year-over-year. And better yet, LOGI finished 2019 with $656 million cash on hand, up 14% yoy, and with $181 million in quarterly operating cash flow, up 70% sequentially.Strong performance in an adverse market environment will always attract attention, and Wedbush’s Michael Pachter was drawn to Logitech. He sees room here for a 25% upside, as indicated by his $48 price target, and bumped his rating from Neutral to Buy.Supporting his bullishness on LOGI, Pachter writes, “We expect Logitech’s global portfolio of mature businesses coupled with compelling growth stories to not only weather the current market disruption, but thrive within the uncertain environment. We think Logitech’s ability to expand operating margin while mitigating the impact of China tariffs and supply chain disruption underscores management’s agility. Furthermore, we think Logitech is well-positioned to benefit from a shifting culture amid health concerns globally.” (To watch Pachter’s track record, click here.)Logitech’s Moderate Buy consensus rating is based on 5 Buys, 2 Holds, and 1 Sell assigned to the stock in recent weeks. The average price target, $51.03, suggests room for 36% upside potential. (See Logitech stock analysis on TipRanks)Phillips 66 (PSX)Last on our list is a mainstay of the energy industry. Phillips 66 is the modern descendant of the Phillips Petroleum Company, founded in 1927. The modern company is a major producer of natural gas liquids and petrochemicals. Phillips brings in over $120 billion in annual revenues – at least, before the current oil-driven hit to the stock markets.Fortunately for Phillips, the company was performing adequately before the market downturn. In Q4, earnings edged over the estimates and reached $1.54 per share. Quarterly revenues beat the forecast by 8.5%, coming in at $29.6 billion. Both numbers were down year-over-year; the low prices that have plagued the energy industry in recent months (even before today’s debacle) have been the main headwind here.The company has used its positive earnings to keep up its dividend payments. PSX paid out a 90-cent dividend in February, making the annualized payment $3.60 per share for a yield of 5.8%. That yield is almost triple the average dividend yield among energy stocks – and almost 6x the yield of Treasury bonds. Phillips has an 8-history of maintaining and growing its dividend payments.Manav Gupta, reviewing the energy sector for Credit Suisse, is impressed by PSX’s dividend – and its firm position in its field. He upgraded his outlook from Neutral to Buy, and gave the stock a $100 price target, showing his confidence in a 61% upside potential.In his note on energy stocks, Gupta wrote of Phillips, “PSX, with the most diversified earnings stream, we believe is among the best positioned refiners to weather the current macro volatility. We expect an 8-10% dividend hike in 2Q 2020... In the last five years, PSXP has outperformed MPLX by 47%, as the market views PSX’s midstream business model as superior.” (To watch Gupta’s track record, click here.)PSX shares get a Moderate Buy from the analyst consensus, based on 6 Buys against 3 Holds. Shares are currently selling for $62.09, and the average price target of $111.88 indicates a robust 80% upside potential. (See Phillips stock analysis on TipRanks)
- 03/10/2020
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Analysts Make a Move on These 3 Stocks as the Markets Continue to Flip-Flop
- The suspense is over, and now we all know: COVID-19 has hit the markets like a ton of bricks. After a 8% drop in the last week of February, and enormous
- 03/10/2020
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Fmr LLC Acquires 88,619 Shares of Cars.com Inc. (NYSE:CARS)
- Fmr LLC boosted its holdings in shares of Cars.com Inc. (NYSE:CARS) by 8.4% in the fourth quarter, Holdings Channel reports. The firm owned 1,143,764 shares of the company’s stock after purchasing an additional 88,619 shares during the quarter. Fmr LLC’s holdings in Cars.com were worth $13,977,000 at the end of the most recent reporting period. […]
- 03/10/2020
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Building a Linear Regression Model for Predicting the Price of a Used Car — Now with Logs!
- Part 3 in What’s Your Car Worth?
- 03/09/2020
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Cars.com (NYSE:CARS) Upgraded by DA Davidson to "Buy"
- DA Davidson upgraded shares of Cars.com (NYSE:CARS) from a neutral rating to a buy rating in a report released on Thursday, BenzingaRatingsTable reports. Several other equities analysts have also recently commented on the stock. Barrington Research upgraded shares of Cars.com from a market perform rating to an outperform rating in a research note on Wednesday, […]
- 03/09/2020
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Let Down, But Not Out: Cars.com Research Reveals Millennials Still Upbeat Towards the Auto Industry, Even Without Flying Cars
- According to new research by Cars.com™ (NYSE: CARS), millennials' expectations of vehicle ownership and the automotive industry at large are unmet in the year 2020. The generation born between 1981-96 expressed their appreciation for car ownership but dissatisfaction with technological advancement in the space.
- 03/09/2020
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Charles Schwab Investment Management Inc. Has $9.73 Million Stock Position in Cars.com Inc. (NYSE:CARS)
- Charles Schwab Investment Management Inc. grew its stake in Cars.com Inc. (NYSE:CARS) by 9.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 796,516 shares of the company’s stock after purchasing an additional 67,703 shares during the quarter. Charles Schwab Investment Management […]
- 03/09/2020
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Cars.com (NYSE:CARS) Sets New 1-Year Low at $7.18
- Cars.com Inc. (NYSE:CARS)’s stock price reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $7.18 and last traded at $7.17, with a volume of 43276 shares traded. The stock had previously closed at $7.41. CARS has been the topic of several research reports. B. Riley dropped their […]
- 03/08/2020
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KBC Group NV Cuts Stake in Cars.com Inc. (NYSE:CARS)
- KBC Group NV lowered its holdings in shares of Cars.com Inc. (NYSE:CARS) by 3.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 250,646 shares of the company’s stock after selling 9,647 shares during the period. KBC Group NV owned about 0.38% of Cars.com worth […]
- 03/07/2020
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6 Underperforming Guru Stocks
- Comcast makes the list Continue reading...
- 03/06/2020
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Edited Transcript of CARS.N earnings conference call or presentation 26-Feb-20 3:00pm GMT
- Q4 2019 Cars.com Inc Earnings Call
- 03/06/2020
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