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How to buy Cars-com stock in Canada | $12.68
Own Cars-com shares in just a few minutes.
Cars.com Inc is an auto & truck dealerships business based in the US. Cars-com shares (CARS) are listed on the NYSE and all prices are listed in US Dollars. Cars-com employs 1,500 staff and has a trailing 12-month revenue of around USD$606.2 million.
How to buy shares in Cars-com
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – CARS – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
Is it a good time to buy Cars-com stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
What's in this guide?
- Can I buy shares in Cars-com?
- Has coronavirus impacted Cars-com shares?
- Cars-com shares summary
- Compare share dealing platforms
- Is Cars-com stock a buy or sell?
- Cars-com performance over time
- Can I short Cars-com shares?
- Are Cars-com shares over-valued?
- Cars-com's financials
- How volatile are Cars-com shares?
- Does Cars-com pay a dividend?
- Other common questions
How has Coronavirus impacted Cars-com's stock price?
Since the stock market crash in March caused by coronavirus, Cars-com's stock price has had significant positive movement.
Its last market close was $12.68, which is 5.21% up on its pre-crash value of $12.02 and 260.23% up on the lowest point reached during the March crash when the stocks fell as low as $3.52.
If you had bought $1,000 worth of Cars-com stocks at the start of February 2020, those stocks would have been worth $299.11 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,016.81.
Cars-com stock priceUse our graph to track the performance of CARS stocks over time.
Cars-com shares at a glance
|Latest market close||$12.68|
|52-week range||$7.23 - $15.71|
|50-day moving average||$12.47|
|200-day moving average||$13.16|
|Wall St. target price||$17.88|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$0.09|
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Note: The dollar amounts in the table below are in Canadian dollars.
Cars-com price performance over time
|1 week (2021-10-14)||3.09%|
|1 month (2021-09-21)||2.01%|
|3 months (2021-07-23)||3.17%|
|6 months (2021-04-23)||-4.73%|
|1 year (2020-10-23)||41.68%|
|2 years (2019-10-24)||20.53%|
|3 years (2018-10-24)||26.12|
|5 years (2016-10-21)||N/A|
Is Cars-com under- or over-valued?
Valuing Cars-com stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Cars-com's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Cars-com's P/E ratio
Cars-com's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 141x. In other words, Cars-com shares trade at around 141x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Cars-com's PEG ratio
Cars-com's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.22. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Cars-com's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Cars-com's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $177.6 million.
The EBITDA is a measure of a Cars-com's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$606.2 million|
|Operating margin TTM||12.46%|
|Gross profit TTM||$385.3 million|
|Return on assets TTM||4.5%|
|Return on equity TTM||1.81%|
|Market capitalisation||$874.5 million|
TTM: trailing 12 months
Shorting Cars-com shares
There are currently 1.5 million Cars-com shares held short by investors – that's known as Cars-com's "short interest". This figure is 9% down from 1.6 million last month.
There are a few different ways that this level of interest in shorting Cars-com shares can be evaluated.
Cars-com's "short interest ratio" (SIR)
Cars-com's "short interest ratio" (SIR) is the quantity of Cars-com shares currently shorted divided by the average quantity of Cars-com shares traded daily (recently around 408260.11080332). Cars-com's SIR currently stands at 3.61. In other words for every 100,000 Cars-com shares traded daily on the market, roughly 3610 shares are currently held short.
However Cars-com's short interest can also be evaluated against the total number of Cars-com shares, or, against the total number of tradable Cars-com shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Cars-com's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Cars-com shares in existence, roughly 20 shares are currently held short) or 0.0216% of the tradable shares (for every 100,000 tradable Cars-com shares, roughly 22 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Cars-com.
Cars-com share dividends
We're not expecting Cars-com to pay a dividend over the next 12 months.
Cars-com share price volatility
Over the last 12 months, Cars-com's shares have ranged in value from as little as $7.23 up to $15.71. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Cars-com's is 2.2706. This would suggest that Cars-com's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Cars. com, LLC, through its subsidiaries, operates as a digital marketplace, and provides solutions for the automotive industry. Its platform connects car shoppers with sellers. The company, through its marketplace, dealer websites, and other digital products, showcases dealer inventory, elevate and amplify dealers' and automotive manufacturers' (OEMs) brands, connect sellers with ready-to-buy audience, and empower shoppers with the resources and information needed to make car buying decisions. It also offers marketplace products, such as marketplace subscription advertising and social selling services; digital solutions, including Website platform hosting, AI chat tool, digital retailing, and review and reputation management; and advertising comprising display advertising, digital advertising, and in-market audio services. As of December 31, 2020, the company served 18,372 dealer customers in 50 states, which included franchise and independent dealers, with digital and brick-and-mortar stores; and primary automakers selling vehicles in the United States. Its customers are local car dealers, OEMs, and other national advertisers.
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