Weekly Research Analysts’ Ratings Updates for Cars.com (CARS)
by Teresa Graham · The Cerbat GemSeveral analysts have recently updated their ratings and price targets for Cars.com (NYSE: CARS):
- 3/4/2025 – Cars.com had its “outperform” rating reaffirmed by analysts at Barrington Research. They now have a $25.00 price target on the stock.
- 2/28/2025 – Cars.com had its price target lowered by analysts at JPMorgan Chase & Co. from $21.00 to $17.00. They now have a “neutral” rating on the stock.
- 2/28/2025 – Cars.com had its price target lowered by analysts at DA Davidson from $21.00 to $14.50. They now have a “buy” rating on the stock.
- 2/24/2025 – Cars.com had its “outperform” rating reaffirmed by analysts at Barrington Research. They now have a $25.00 price target on the stock.
- 1/28/2025 – Cars.com had its “outperform” rating reaffirmed by analysts at Barrington Research. They now have a $25.00 price target on the stock.
Cars.com Trading Up 2.0 %
Cars.com stock traded up $0.23 during midday trading on Friday, reaching $11.37. 726,439 shares of the stock traded hands, compared to its average volume of 536,508. The company has a 50-day simple moving average of $16.14 and a two-hundred day simple moving average of $17.04. Cars.com Inc. has a 12-month low of $11.01 and a 12-month high of $21.24. The firm has a market cap of $725.69 million, a PE ratio of 19.60 and a beta of 2.16. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 0.93.
Hedge Funds Weigh In On Cars.com
A number of hedge funds and other institutional investors have recently bought and sold shares of CARS. Smartleaf Asset Management LLC raised its position in Cars.com by 193.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,638 shares of the company’s stock valued at $29,000 after purchasing an additional 1,079 shares in the last quarter. Sterling Capital Management LLC raised its position in Cars.com by 813.0% in the 4th quarter. Sterling Capital Management LLC now owns 2,109 shares of the company’s stock valued at $37,000 after purchasing an additional 1,878 shares in the last quarter. Advisors Asset Management Inc. raised its position in Cars.com by 145.2% in the 3rd quarter. Advisors Asset Management Inc. now owns 3,148 shares of the company’s stock valued at $53,000 after purchasing an additional 1,864 shares in the last quarter. Quarry LP raised its position in Cars.com by 184.5% in the 4th quarter. Quarry LP now owns 3,476 shares of the company’s stock valued at $60,000 after purchasing an additional 2,254 shares in the last quarter. Finally, Point72 Asset Management L.P. acquired a new stake in Cars.com in the 4th quarter valued at about $61,000. 89.15% of the stock is currently owned by hedge funds and other institutional investors.
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.
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