Cars.com (CARS) to Release Earnings on Thursday

Cars.com (NYSE:CARS) is anticipated to post its quarterly earnings results before the market opens on Thursday, February 27th. Analysts expect Cars.com to post earnings of $0.52 per share and revenue of $184.16 million for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Cars.com Stock Performance

Shares of CARS stock opened at $15.79 on Tuesday. The stock has a fifty day moving average price of $17.42 and a 200 day moving average price of $17.49. The stock has a market cap of $1.02 billion, a PE ratio of 27.22 and a beta of 2.15. Cars.com has a 1 year low of $15.05 and a 1 year high of $21.24. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.79 and a current ratio of 1.79.

Analyst Ratings Changes

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

About Cars.com

Cars.com Inc, through its subsidiaries, operates as a digital automotive marketplace that connects local car dealers to consumers in the United States. The company offers a suite of digital solutions that creates connections between individuals researching cars or looking to purchase a car with car dealerships and automotive original equipment manufacturers.