Core Insights - The earnings report for Cars.com is anticipated to show a significant decline in earnings per share (EPS) of $0.47, representing a year-over-year decrease of 65.7% [7] - The consensus revenue estimate for Cars.com is $181.51 million, reflecting a 7.9% increase from the previous year [2] - The Zacks Earnings ESP for Cars.com is 0%, indicating no recent analyst revisions that differ from the consensus estimate, making it challenging to predict an earnings beat [11][12] Earnings Expectations - Cars.com has a history of beating consensus EPS estimates only once in the last four quarters [14] - The consensus EPS estimate has remained unchanged over the last 30 days, suggesting stability in analyst expectations [8] - A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a strong Zacks Rank [10] Industry Comparisons - Groupon, another player in the internet-commerce industry, is expected to report an EPS of $0.01 for the quarter ended June 2024, indicating a year-over-year increase of 90% [17] - Groupon's revenue estimate is $121.7 million, which is a 5.7% decline from the previous year [17] - Groupon's Earnings ESP is significantly positive at 3100.00%, suggesting a high likelihood of beating the consensus EPS estimate [26]

Core Viewpoint - Cars.com Inc. is set to report its financial results for Q2 2024 on August 8, 2024, with a conference call scheduled to discuss these results [1][2]. Group 1: Company Overview - Cars.com Inc. operates as an audience-driven technology company that empowers the automotive industry [3]. - The company offers a range of products and solutions that simplify the car buying and selling process, utilizing AI-driven technologies across various stages including pretail, retail, and post-sale activities [3]. - The Cars Commerce platform features four main brands: Cars.com, Dealer Inspire, AccuTrade, and Cars Commerce Media Network, each providing distinct services and technologies [3].

Below are three undervalued stocks under $50 that have the ability to grow very fast. Let's dive in to see what sets them apart from their more expensive peers. Healthcare facility operator Select Medical Holdings (NYSE:SEM) is the first discounted stock to consider. The operator of long-term acute care and in-patient rehabilitation hospitals, occupational health, and physical therapy clinics is one of the biggest in the space. It operates 107 hospitals in 28 states, 33 rehab facilities in 13 states, over 1 ...

Therefore, the Zacks rating upgrade for Cars.com basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price. The change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings es ...

10%.3 But 60% of Americans say that products need to be built in the U.S. by a company headquartered here to substantially contribute to the American economy.4 However, the success of Alabama's auto industry demonstrates that foreign investments are also playing a crucial role in supporting and growing local economies. Ford has 12 vehicles on the Index, assembled in Illinois, Kentucky, Michigan and Missouri. The Lincoln Corsair at No. 29 and Ford Mustang at No. 31 are Ford's highest-ranking vehicles. Contra ...

U.S.-Based Auto Production Facilities Are Up 144% Since 2020 Assembly Locations for the Top 10 Vehicles on Cars.com's 2024 American-Made Index Honda's Odyssey and Ridgeline — boasting the most American-made minivan and pickup truck — came in at No. 5 and No. 6., while the Toyota Camry and Jeep Gladiator each jumped 19 spots to land at No. 7 and No. 8. The Lexus TX makes a memorable entrance to the index, landing at No. 10. The complete list is available at Cars.com/AMI. Over 50% of Vehicles on Index Assembl ...

Key May Market Highlights On Average, Used Cars Cost About $20,000 Less Than New Vehicles — Largest Price Gap Since 2018 "The rise in new-car sales, especially during seasonal promotions like Memorial Day, boosts the used-car market. More new-car inventory means more new-car sales, which means more trade-ins, increasing used-car inventory and bringing prices down — and that's just what we're seeing this month," said Rebecca Lindland, senior director of industry data and insights at Cars Commerce. "On averag ...

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. ...

Core Insights - The article emphasizes the importance of value investing as a successful strategy across various market conditions, focusing on fundamental analysis and traditional valuation metrics to identify undervalued stocks [2]. Company Analysis: Cars.com (CARS) - Cars.com (CARS) is currently rated with a Zacks Rank of 2 (Buy) and has a Value grade of A, indicating strong potential for value investors [4]. - CARS has a Forward P/E ratio of 9.55, significantly lower than the industry average of 25.25, suggesting it may be undervalued [4]. - The stock's Forward P/E has fluctuated between a high of 44.08 and a low of 8.74 over the past year, with a median of 22.88 [4]. - CARS's P/B ratio stands at 2.82, which is attractive compared to the industry's average P/B of 5.09, indicating a favorable valuation [5]. - The P/B ratio for CARS has ranged from a high of 3.44 to a low of 2.06 in the past 12 months, with a median of 2.54 [5]. - The P/CF ratio for CARS is 6.40, which is also appealing when compared to the industry's average P/CF of 15.78, further supporting the notion of undervaluation [6]. - Over the past year, CARS's P/CF has varied from a high of 11.45 to a low of 4.70, with a median of 5.78 [6]. - Overall, the combination of these metrics suggests that CARS is likely undervalued and presents an impressive value opportunity based on its earnings outlook [7].

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 ...