CHICAGO, June 11, 2024 /PRNewswire/ -- U.S. News & World Report, the global authority in rankings and consumer advice, has named Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Commerce Inc"), an audience-driven technology company empowering the automotive industry, as one of the Best Companies to Work For. This is the second consecutive year Cars Commerce has been recognized by U.S. News, and follows accolades from Built In, a leading recruitment site, which also listed Cars Commerce as a 2024 Best Place to Work. ...

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. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation metrics to fi ...

Investors might want to bet on Cars.com (CARS) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Individual investors often ...

Shares of Cars.com (CARS) have gained 9.5% over the past four weeks to close the last trading session at $18.49, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $24.42 indicates a potential upside of 32.1%. The mean estimate comprises six short-term price targets with a standard deviation of $2.33. While the lowest estimate of $20 indicates an 8.2% increase from the current pric ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms o ...

Gradual improvement in new inventory and consumer demand: The average new-car price remains stable at approximately $49,111, down slightly by 1.5% year over year — although prices are higher than before the semiconductor shortage, there's a notable effort by automakers to introduce more vehicles priced under $30,000, which have seen the most market share growth so far in 2024. As new-car inventory levels increase by 35% compared to 2023, consumers are experiencing fewer pressures to compromise on their vehi ...

j UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly periodb ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-37869 Cars.com Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 81-3693660 (State or other jurisdiction of incorporation or organization) (I.R.S. Empl ...

Tom, ironically, itÂ's a little bit of the same answer in that manufacturer marketing and advertising spend is largely agency-led, and agencies and OEMs, again, want all car buyers to go directly to their brands and buy a car without any outside influence. And we do not believe that, that is realistic, nor does it map at all to the consumer behavior that overwhelmingly shows that research online is fundamental to the car shopping journey, and youÂ're not going to bypass that channel. And so as OEMs become m ...

Cars.com (CARS) reported $180.18 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 7.8%. EPS of $0.01 for the same period compares to $0.17 a year ago.The reported revenue represents a surprise of +0.20% over the Zacks Consensus Estimate of $179.81 million. With the consensus EPS estimate being $0.08, the EPS surprise was -87.50%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | |----------------------------------------|-------|------------------------|-------|----------------------|-------|---------------------------------------|-------|----------------------| | Cost of revenue and operations | $ | As Reported \n29,962 | $ | (1) Adjustments \n— | $ | Stock-Based Compensation \n(329 ) | $ | As Adjusted \n29,633 | | Product and technology | | 28,085 | | — | | (2,781 ) | | 25,304 | | Marketing and sales | | 59,163 | | (44 ) | | ...