Press coverage about Cars.com (NYSE:CARS) has trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Cars.com earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 46.9712632555077 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:

CARS has been the subject of several analyst reports. Zacks Investment Research lowered Cars.com from a “hold” rating to a “strong sell” rating in a research note on Tuesday, June 5th. Benchmark reissued a “hold” rating on shares of Cars.com in a research note on Thursday, August 9th. ValuEngine lowered Cars.com from a “hold” rating to a “sell” rating in a research note on Tuesday, August 28th. DA Davidson set a $34.00 price target on Cars.com and gave the stock a “buy” rating in a research note on Wednesday, May 30th. Finally, Barrington Research restated a “buy” rating on shares of Cars.com in a report on Monday, August 6th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $37.13.

Shares of NYSE:CARS traded down $0.56 on Friday, reaching $26.01. The company had a trading volume of 520,142 shares, compared to its average volume of 558,458. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $1.86 billion, a PE ratio of 11.41, a P/E/G ratio of 2.68 and a beta of -0.17. Cars.com has a 52-week low of $20.94 and a 52-week high of $32.94.

Cars.com (NYSE:CARS) last posted its quarterly earnings data on Wednesday, August 8th. The company reported $0.18 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.57 by ($0.39). The business had revenue of $168.50 million during the quarter, compared to analyst estimates of $171.75 million. Cars.com had a return on equity of 7.78% and a net margin of 28.90%. The firm’s revenue for the quarter was up 7.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.35 EPS. research analysts predict that Cars.com will post 1.99 EPS for the current year.

About Cars.com

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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