Cars.com (CARS) to Release Earnings on Thursday

Cars.com (NYSE:CARS) is anticipated to issue its quarterly earnings data before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $0.52 per share and revenue of $184.16 million for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Cars.com Price Performance

CARS stock opened at $15.79 on Tuesday. The stock has a 50-day moving average price of $17.42 and a two-hundred day moving average price of $17.49. The company has a market cap of $1.02 billion, a PE ratio of 27.22 and a beta of 2.15. Cars.com has a 12-month low of $15.05 and a 12-month high of $21.24. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 0.93.

Analyst Ratings Changes

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

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.