CARS Stock Recent News
CARS LATEST HEADLINES
Over 50% of Vehicles on Index Assembled in Non-UAW-Represented Facilities in Southern U.S. U.S.-Based Auto Production Facilities Are Up 144% Since 2020 CHICAGO , June 18, 2024 /PRNewswire/ -- Car-shopping marketplace Cars.com ™ (NYSE: CARS) today revealed its 19th annual American-Made Index . Cars.com experts independently evaluated more than 400 vehicles to generate this year's list of 100 vehicles contributing most to the U.S. economy in manufacturing, parts sourcing and employment.
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.
Cars.com (CARS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
The mean of analysts' price targets for Cars.com (CARS) points to a 32.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
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.
Used-Car Market Moderates; Demand Drops 8%, Prices Decline 6% CHICAGO , May 16, 2024 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a " Cars Commerce Inc ."), an audience-driven technology company empowering the automotive industry, today launched its April Industry Insights Report.
Cars.com (CARS) CEO Alex Vetter joins Oliver Renick to discuss Cars.com and its 1Q earnings. He talks about how 1Q dealer websites rose 22% year-over-year.
The headline numbers for Cars.com (CARS) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
CHICAGO , April 25, 2024 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Commerce Inc" or the "Company"), an audience-driven technology company empowering the automotive industry, today announced that it expects to report its financial results for the first quarter ended March 31, 2024, on Thursday, May 9, 2024. The Company will host a conference call with a live webcast at 8:00 a.m.
Cars.com Inc. NYSE: CARS and Carvana Co. NYSE: CVNA are two different ways to play the retail automotive market. Both companies are attempting to modernize and digitize the car buying experience.