Cars.com Inc. is a leading digital marketplace and solutions provider for the automotive industry that connects car shoppers with sellers. Launched in 1998 with the flagship marketplace site Cars.com and headquartered in Chicago, the Company empowers shoppers with the data, resources and digital tools needed to make informed buying decisions and seamlessly connect with automotive retailers. In a rapidly changing market, CARS enables dealerships and OEMs with innovative technical solutions and data-driven intelligence to better reach and influence ready-to-buy shoppers, increase inventory turn and gain market share.
Company profile
Ticker
CARS
Exchange
Website
CEO
T. Alex Vetter
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Accu-Trade, LLC • Cars.com, LLC • CreditIQ, LLC • Dealer Inspire Inc. • Dealer Inspire Solutions Canada Inc. • DealerRater Canada, LLC • DealerRater.com, LLC • Galves Market Data, LLC ...
CARS stock data
Analyst ratings and price targets
Latest filings (excl ownership)
10-Q
2023 Q1
Quarterly report
4 May 23
8-K
CARS Reports First Quarter 2023 Results
4 May 23
ARS
2022 FY
Annual report to shareholders
28 Apr 23
DEFA14A
Additional proxy soliciting materials
28 Apr 23
DEF 14A
Definitive proxy
28 Apr 23
10-K
2022 FY
Annual report
23 Feb 23
8-K
CARS Reports Fourth Quarter and Full Year 2022 Results
23 Feb 23
10-Q
2022 Q3
Quarterly report
3 Nov 22
8-K
CARS Reports Third Quarter 2022 Results
3 Nov 22
8-K
Departure of Directors or Certain Officers
4 Oct 22
Transcripts
CARS
Earnings call transcript
2022 Q4
23 Feb 23
CARS
Earnings call transcript
2022 Q3
3 Nov 22
CARS
Earnings call transcript
2022 Q2
3 Aug 22
CARS
Earnings call transcript
2022 Q1
7 May 22
CARS
Earnings call transcript
2021 Q4
24 Feb 22
CARS
Earnings call transcript
2021 Q3
6 Nov 21
CARS
Earnings call transcript
2021 Q2
8 Aug 21
CARS
Earnings call transcript
2021 Q1
8 May 21
CARS
Earnings call transcript
2020 Q4
25 Feb 21
CARS
Earnings call transcript
2020 Q3
9 Nov 20
Latest ownership filings
4
Angelique Strong Marks
3 May 23
4
Angelique Strong Marks
17 Mar 23
4
Sonia Jain
17 Mar 23
4
Thomas Alex Vetter
17 Mar 23
4
Douglas Neal Miller
17 Mar 23
4
Thomas Alex Vetter
16 Mar 23
4
Douglas Neal Miller
16 Mar 23
4
Thomas Alex Vetter
10 Mar 23
4
Thomas Alex Vetter
7 Mar 23
4
Thomas E Hale
7 Mar 23
Financial summary
| Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 18.84 mm | 18.84 mm | 18.84 mm | 18.84 mm | 18.84 mm | 18.84 mm |
| Cash burn (monthly) | 4.29 mm | 967.92 k | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 8.35 mm | 1.88 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 10.49 mm | 16.96 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 2.4 | 17.5 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2023
90.3% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 167 |
| Opened positions | 25 |
| Closed positions | 29 |
| Increased positions | 40 |
| Reduced positions | 63 |
| 13F shares | Current |
|---|---|
| Total value | 1.13 tn |
| Total shares | 60.25 mm |
| Total puts | 780.40 k |
| Total calls | 167.80 k |
| Total put/call ratio | 4.7 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 10.08 mm | $194.53 bn |
| FMR | 8.83 mm | $170.43 bn |
| Vanguard | 7.15 mm | $137.98 bn |
| Greenvale Capital | 5.00 mm | $96.50 bn |
| Dimensional Fund Advisors | 3.52 mm | $68.00 bn |
| Ninety One UK | 3.16 mm | $61.01 bn |
| STT State Street | 2.23 mm | $43.13 bn |
| Geode Capital Management | 1.22 mm | $23.47 bn |
| Massachusetts Financial Services | 1.20 mm | $23.19 bn |
| Tocqueville Asset Management | 1.08 mm | $20.83 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 May 23 | Angelique Strong Marks | Common Stock | Payment of exercise | Dispose F | No | No | 19.75 | 6,352 | 125.45 k | 102,962 |
| 15 Mar 23 | Douglas Neal Miller | Common Stock | Grant | Acquire A | No | No | 0 | 45,538 | 0.00 | 253,531 |
| 15 Mar 23 | Thomas Alex Vetter | Common Stock | Grant | Acquire A | No | No | 0 | 166,971 | 0.00 | 674,881 |
| 15 Mar 23 | Sonia Jain | Common Stock | Grant | Acquire A | No | No | 0 | 54,266 | 0.00 | 322,851 |
| 15 Mar 23 | Angelique Strong Marks | Common Stock | Grant | Acquire A | No | No | 0 | 41,838 | 0.00 | 108,463 |
News
Barrington Research Reiterates Outperform on Cars.com, Maintains $25 Price Target
25 May 23
Cars.com Cruises: Analyst Praises Strong Q1 Results And Organic Traffic Growth
10 May 23
DA Davidson Maintains Buy on Cars.com, Lowers Price Target to $23
5 May 23
Cars.com: Q1 Earnings Insights
4 May 23
Cars.com Q1 EPS $0.17 Beats $0.06 Estimate, Sales $167.07M Beat $166.91M Estimate
4 May 23
Press releases
CARS to Participate in Two Investor Conferences in May
11 May 23
CARS Reports First Quarter 2023 Results
4 May 23
CARS to Announce First Quarter 2023 Financial Results
20 Apr 23
CARS.COM RELEASES ITS 2023 TOP PICKS FOR ELECTRIC VEHICLES
29 Mar 23
FROM AFFORDABILITY TO CAPABILITY, CARS.COM'S 2023 EV BUYING GUIDE NAVIGATES SHOPPERS THROUGH THE EVER EV-OLVING ELECTRIC VEHICLE FRONTIER
29 Mar 23