Cars.com (NYSE:CARS) Issues Quarterly Earnings Results, Misses Estimates By $0.11 EPS

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

Cars.com Trading Down 18.4 %

CARS traded down $2.82 on Thursday, reaching $12.49. 1,372,108 shares of the company’s stock were exchanged, compared to its average volume of 452,047. Cars.com has a twelve month low of $12.27 and a twelve month high of $21.24. The company’s 50 day moving average is $17.32 and its 200-day moving average is $17.46. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.79 and a current ratio of 1.79. The company has a market cap of $808.27 million, a price-to-earnings ratio of 21.45 and a beta of 2.15.

Analyst Upgrades and Downgrades

CARS has been the topic of several research analyst reports. UBS Group raised their target price on shares of Cars.com from $17.00 to $20.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. JPMorgan Chase & Co. lifted their price target on shares of Cars.com from $20.00 to $21.00 and gave the company a “neutral” rating in a report on Friday, November 8th. Finally, Barrington Research reissued an “outperform” rating and set a $25.00 price objective on shares of Cars.com in a research note on Monday.

Cars.com Company Profile

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.